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Trump may be best remembered for his use of Twitter as a bully pulpit to stoke controversy or browbeat opponents, but the noise his tweets generated often distracted from the big policy changes he made over his four-year term https://t.co/shNVNMoDfg

 During his rollercoaster presidency, the focus was often on what Trump was saying and not on what he was doing. But a review of his policies shows that he had a real effect on people’s lives. Here's a closer look 👇
➖ China:

The Trump administration put China’s rise in the spotlight and helped forge a bipartisan and increasingly adversarial U.S. view of the world’s second-largest economy
From a raft of tariffs on billions of dollars of Chinese imports to sanctions against top officials and a muscular use of penalties against top Chinese companies like Huawei, ZTE, SMIC and TikTok owner ByteDance, Trump hit Beijing on a variety of fronts
Tensions have risen especially over the past year with Trump repeatedly blaming China for the coronavirus, which originated in the city of Wuhan. The two global powers are increasingly at odds over a range of other issues, including Hong Kong, Taiwan and the South China Sea
➖ Economy:

The U.S. economy under Trump had two distinct phases: pre-and post-COVID-19.

Before the pandemic hit in March of 2020, unemployment had hit 50-year lows, wages were rising for lower-income jobs, and the gap between Black and white unemployment was narrowing
The landmark tax bill Trump signed in late 2017 pushed economic growth over 3% for a brief period.

Things could have been better, but an 18-month tariff war with China, which cost U.S. companies billions.

Three Federal Reserve rate cuts in 2019 helped blunt the impact
The pandemic, and the administration’s failure to control it, risks leaving the economy scarred long after Trump leaves office.

About 21 million jobs disappeared immediately, and 9 million of those still haven’t come back
➖ Climate Change:

Trump routinely dismissed scientific consensus that industry was causing global warming and gutted federal science agencies including the Environmental Protection Agency and the Department of Interior, and interfered with their scientific advisory panels
Trump also boasted about removing the U.S. from the global Paris Agreement on climate change. He styled himself as a friend of fossil fuels, courting coal workers and oil executives alike and made good on promises to ease costs for energy companies by rolling back regulations
While oil and gas companies praised corporate tax cuts, they grumbled about Trump’s trade war with China disrupting supply chains and jeopardizing demand for U.S. natural gas exports
Many of Trump’s deregulation efforts were successfully challenged in court due to bureaucratic errors in rulemaking procedures
➖ Judicial Appointments:

Trump wasn’t happy when judges he appointed ruled against his efforts to overturn the 2020 presidential election results, but his reshaping of the judiciary in a conservative direction is still one of his biggest legacies
During his four years in office, he appointed three Supreme Court justices, the first time that has been done since President Richard Nixon appointed four in his first term.

The court now has a rock-solid 6-3 conservative majority
President Trump can thank Senate Majority Leader Mitch McConnell, who made judicial nominations a priority, for his ability to appoint not just Supreme Court justices Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett but also dozens of lower court judges
Read more on how Trump's policies have had a real effect on people’s lives in the areas of energy, immigration, race relations, foreign policy and more https://t.co/shNVNMoDfg

More from Reuters

Reuters
Reuters
@Reuters
The chaos inside the U.S. Capitol came after the police force that protects the legislative complex was overrun by a mob of Trump supporters in what law enforcement officials called a catastrophic failure to prepare https://t.co/DqwlosQxKY


The siege of the Capitol represents one of the gravest security lapses in recent history, current and former law enforcement officials said, turning one of the most recognizable symbols of American power into a locus of political violence


While events such as a presidential inauguration involve detailed security plans by numerous security agencies, far less planning went into protecting the joint session of Congress that convened to ratify the results of the 2020 presidential election, officials said


That lapse came despite glaring warning signs of potential violence by hardline supporters of Trump, who are inflamed by his baseless claims of a stolen election and hope to block the inauguration of President-elect Joe Biden


And security initially was handled almost entirely alone by the U.S. Capitol Police, a 2,000-member force under the control of Congress and dedicated to protecting the 126-acre Capitol Grounds
SOCIETY
Reuters
Reuters
@Reuters
One America News, the far-right network whose fortunes and viewership rose amid the triumph and tumult of the Trump administration, has flourished with support from a surprising source: AT&T https://t.co/Jv28zgbXLY via @johnshiffman @specialreports
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Reuters
Reuters
@Reuters
U.S. President Biden hailed the ceasefire now in effect between Israel and Gaza, after 11 days of fighting in which he was criticized by fellow Democrats for not speaking out more forcefully against Israeli actions https://t.co/ANjZ6u9OOE
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Reuters
Reuters
@Reuters
So much has happened this year – the global pandemic, of course, but also political chaos, freak weather and wildfires, and protests everywhere.

So how do we capture 2020? @ReutersGraphics stitched together clippings from the longest year 👇 https://t.co/83ZgiqzV0W 1/13


January
🦠 The world welcomed 2020 as wildfires and protests clouded celebrations. Cities close to Wuhan saw a rise in coronavirus cases 2/13


February
The first coronavirus-related death occurred outside China.

⚽ One of the last soccer matches was played with fans in the stadium. One month later, Valencia said 35% of the squad tested positive for the virus 3/13


March
A deluge of death in northern Italy; Poor Indians flee to villages

’Some people will die of the virus. The rest of us will die of hunger,’ said Sanjay Sharma, a Mumbai taxi driver 4/13


April
China’s Wuhan came out of lockdown; A bread making frenzy swept the UK 🍞

Spain lifted its lockdown for children. Below, Paolo drew himself in a farm.
He said he missed climbing, friends and his grandparents the most 5/13
NEWS
Reuters
Reuters
@Reuters
A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop rocketing higher without a clear business reason, market watchers say, squeezing hedge funds that had bet against the retailer and other companies that were out of favor on Wall Street


What is going on? Here are some answers 👇

More individuals have invested in stocks during the COVID-19 pandemic, and experts cite a number of reasons, including lockdowns boosted savings, stimulus putting cash into people’s pockets and extremely low interest rates


Also, a proliferation of trading apps allowed anyone with a smartphone to buy or sell stocks for free. Retail investors’ participation in U.S. equity order flows increased to nearly 20% in 2020 from 15% in 2019, data from Swiss bank UBS showed


What has been the impact of this surge in retail trading?

Big U.S. technology companies were among the beneficiaries last year. Facebook, Amazon, Apple, Netflix and Google saw record inflows as their businesses benefited from lockdowns and their stocks soared


💵 With unprecedented stimulus and easy money policies from central banks, investors then shifted to smaller stocks, especially ones that got beaten down during the pandemic
TRADING

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Brian Cates
Brian Cates
@drawandstrike
So let's see a show of hands: how many of you even knew Huber was digging into the Clinton Foundation? While he was assisting Horowitz in his digging into the FISC/Steele Dossier/Fusion GPS/Perkins Coie/DNC/Hillary campaign stuff?


I'm sure Huber is coming to DC *only* to discuss Clinton Foundation things with Meadows and his committee.

He for certain, like, won't be huddling with Horowitz or that new guy, Whitaker while he's in town. That would NEVER HAPPEN. [wink wink wink!] 😉

I just spent a year and a half telling you they will SHOW YOU what they are REALLY DOING when they are READY.

Not before.

No matter how much whining is done about it.

I'm exhausted but it's worth it.

Now you know why they're f**king TERRIFIED of Whitaker, the closer tapped by Trump to come in late for the hysterical fireworks that will ensue soon.

Look who's suddenly fund raising for his legal defen- er, I mean, ha ha - his reelection campaign!
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Noah Smith
Noah Smith
@Noahpinion
Met a Brazilian-American Lyft driver from San Diego who passionately attacked the racism of Republicans, then switched to passionately defending Bolsonaro.

If I were Thomas Friedman, I could tell you what this means.

Met a Haitian-American in a restaurant who said he'd always vote for Democrats because of the immigration issue, but that he has conservative beliefs too. "I don't want to pay for someone's abortion!", he declared.

Met a Latino Lyft driver from San Jose who said that while he was liberal, California was getting too liberal for him and he was considering moving to San Antonio.

Again, not being Tom Friedman, I am unable to offer any commentary on the political and policy implications of these conversations.

I guess my only thought is that political opinions are pretty complex and multidimensional, out there in the real world.

(end)
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David Rothkopf
David Rothkopf
@djrothkopf
Pretending that voting for Trump or denying climate change or suggesting the solution to every problem is more guns is a legitimate point of view, worthy of respect is not "how America works." It is how it dies.

People in a free society are entitled to any point of view no matter how obviously wrong or outlandish or destructive provided they do not impose their views on others.

But suggesting that something ignorant or divorced from reality warrants the same kind of treatment in public debate as something based in fact or at least credible is absurd and when done on behalf of a society in public media or academic settings it is self-destructive.

We would not grant media coverage or much bandwidth at all to a group that argued that unicorns exist or that there was a pot of gold at the end of the rainbow. Yet views like denying climate change or basing policy decisions on sweeping, obvious lies, are just as unsound.

Somewhere, somehow, judgments must be made. Some behaviors are wrong and must be condemned. Someone must challenge lies and demand facts. Coddling people who embrace idiocies does not help them no matter how loudly they demand to be coddled.
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@amuse
@amuse
@amuse
ENEMY OF THE STATE: There is a growing concern in Biden's administration that the world's richest African American could pose a huge problem for Biden and Democrats in general. This thread discusses the possible reasons why they fear the mercurial billionaire named Elon Musk.
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Matt Taibbi
Matt Taibbi
@mtaibbi
Thread. 1) Thirty or forty years ago, supporting free speech was understood to be a non-negotiable core value of the liberal left.

2) Pop culture endlessly celebrated liberalism’s uncompromising support of speech rights — from The People Vs. Larry Flynt to Field of Dreams to The American President.

3) Think of “President Shepard’s” speech in “The American President” about how “America isn’t easy” and citizenship requires we “acknowledge a man whose words make your blood boil.”

4) That started to change long before Trump. As “The American President” came out, Bill Clinton was pushing the first Internet censorship laws.

When the PATRIOT Act passed, every Democrat but one in both houses voted yes. Russ Feingold, Independent Bernie Sanders, and three Republicans voted no.
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Gather round, Gentle Readers. It is time I tell the story of the worst decision I ever made in an office. Some of you have heard this. Some have not. Whatever you do in your office today, this week, the rest of this year, you can console yourself by recalling this tale.

A long time ago, I was a talent agent. I worked for a woman named Susan Smith, who had her own small boutique agency. She was known for three things:

1. She had fantastic taste in clients. If there is someone you admire, odds are good that at some point, she was their agent,

2. She could negotiate a deal like few who have ever trod the earth. Casting would give her all the money they had budgeted for that part, plus a little more, plus promising to get her dog Barnaby groomed. She was magnificent to watch.

3. She was insane.

I'm sure you're thinking, "Quinn, it's the entertainment industry, they are all insane." Yes, many are. So consider this; if you told someone you worked for Susan, people who worked for insane people would look and you and whisper, "I hear she's insane."
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Arts are best form to Express thoughts & devotion. In All civilization Arts played very important role to express sprituality. Tibbeten Tangkhas are prime example .

List of My Paintings & Sketches


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केशव धृत-मीन-शरीर, जय जगदीश हरे!!


छलयसि विक्रमणे बलिम् अद्भुत-वामन
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In 1937, a trucker got frustrated waiting for his cargo to be unloaded. He later sold his company for $1.1 billion.

Here’s the story of how Malcom McLean made a billion dollars and which startup could be following in his footsteps. (Inspired by our episode with @laurabehrenswu)


In the early 1950s, the shipping industry was a dying business.

New York’s docks were handling half as much domestic cargo in the early 1950s as they had been in the depressed 1930s.

In thirty years, no one had invested significant money in coastal shipping.

Why?

As McLean found out, loading ships was difficult and slow.

A truck or train would deliver items to the port. Each item was unloaded separately, recorded, and carried to storage.

When a ship was ready, each item was taken from storage, counted again, and hauled on-board.


The cost of this labor was significant. As one expert at the time explained:

“A four-thousand-mile voyage for a shipment might consume 50 percent of its costs in covering just the two ten-mile movements through two ports.”


Yet, despite the industry’s issues, it felt little pressure to change.

Foreigners were barred from operating domestically. Cartels ran international routes. And gov. subsidies eased the pain of labor costs.

Reshaping the industry needed an outsider.

Enter Malcolm McLean.
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Technical Analysis Masterclass- Part 2

'Entering the trade'

Entering a trade without ascertaining a certain things is gambling.

In this masterclass we will learn the pre-requisites to enter a trade.

DON'T ENTER A TRADE WITHOUT DETERMINNG THE FOLLOWING.

Please share.

We understand what reward to risk (popularly called risk to reward) is.
It will be denoted by R:R.

We will also try to bust a few myths about R:R and how to avoid losing trades.

Before entering a trade, you need to determine 3 things.

1. Entry trigger
2. Stop loss
3. Target

1. Entry trigger = Reasons for entering a trade. There could be multiple reasons or a single reason for entry.

Generally a set of reasons AKA confluence is a higher probability trade and a generally a safer entry.

Example of an entry trigger.


2. Stop Loss.

The price in the opposite direction of the trade where the trade is exited, at a loss.

At this level, the reason for the entry becomes invalidated according to TA and the price can then move in the opposite direction, probabilistically.


3. Target is the possible price level that the asset might touch based on previous trends or confluence AND where a possible reversal could occur.

Target is the next path of least resistance from where the price might reverse.

We will always ONLY use TA to determine all 3.
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David Rothkopf
David Rothkopf
@djrothkopf
If there is one thing I have learned it is that people love bullshit. They buy bullshit stories from professional bullshit artists, accept bullshit philosophies, purchase bullshit how-to-books, vote for bullshitting politicians.

At first, I resisted believing this because it is illogical and dumb and frankly, doesn't reflect well on the human race of which I am a member (and thus have long been hopeful that it is more of a distinction than it actually turns out to be.)

But if you actually are interested in facts you begin to notice how little most people care for them. Sometimes it is because they are heard to learn and bullshit is so much more widely and easily available. Sometimes it is because facts make them uncomfortable about themselves.

Sometimes it is because just one tiny fact will upset a whole worldview that has grown as comfortable as an overstuffed chair. (Settling into such worldviews is a lot like settling into chairs like that because the longer you're there and the deeper you sink...

...the harder it is to hoist yourself up and out of your fat-assed intellectual laziness.) But I actually think the reason people have such an appetite for bullshit goes deeper, goes to an aspect of ourselves we just can't accept.
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