Wealthiest 10% own 93% of stock market...
The market capitalization of the S&P 500 on Dec 29, 2023 was about $42 trillion, each point of the index worth about $8.80535 billion.
8.80535 billion x 4,769.83 SPX 12/29/23 = 42,000 billion.
One share of VFIAX on 12/29 cost $439.99.
Price on 3/9/2009 was $62.66.
Vitali Klitschko, the former heavyweight boxing champion and mayor of Kyiv since 2014, was a “core shareholder” and active participant in a Hunter Biden-chaired subsidiary of Ukrainian energy company Burisma Holdings, according to emails and an associate with direct knowledge who spoke with The Post. ...
Klitschko issued a blanket denial of involvement in a statement provided by a spokeswoman.
“I am surprised by such questions. Because: I have never been a partner in the project you are talking about and had nothing to do with it,” Klitschko told The Post.
“Accordingly, there is no question of any compensation. I had no ties to Hunter Biden. And I did not discuss the company you are asking about with Joe Biden.”
The mayor’s spokeswoman declined to provide answers to follow-up questions, writing in an email, “The answer I sent before is the most comprehensive one we can provide.”
More.
Everything is so small and ridiculous, because we are.
Alaska Airlines grounds Boeing 737 Max 9 for checks after window blows out in midair
Reportedly a boy lost his shirt out the "window" and a bunch of cell phones got sucked out at 16,000 feet, and:
It later emerged that Boeing staff, in internal messages, were cavalier about FAA regulations and critical of the Max's design. One said it the aircraft was 'designed by clowns who in turn are supervised by monkeys.'
Look at this update to "section" lol:
Alaska Airlines grounds Boeing 737 Max 9 fleet after section blows out midair
Biden invited them all during his campaign:
Biden promised millions of them amnesty and citizenship during his debate with Trump:
Kim Strassel, here, on Biden now pretending there's no problem with the millions streaming across.
Kim's lookin' good:
December 2023 came in at 49.5%. Full time usually peaks in summer, and bottoms in winter. January and February 2023 had come in at 49.3% and 49.7% respectively.
Still not quite as good as Trump 2019, which itself wasn't close to what we are capable of as a country:
Israeli News Anchor Wields Gun Live On Air Amid Fear Of Another Attack...
"appeared on air Tuesday with a gun tucked inside her pants".
This is wielding:
From the story:
Uncertainty remains despite a U.S.-led military effort to curb the attacks. Maersk had resumed the Suez route, but suspended it again in recent days after one of its ships was targeted by missiles and small boats.
Asia-Europe is Maersk’s biggest trade lane, and freight rates on the route have roughly tripled from their early December levels, the Goldman Sachs analysts said, while “the impact on annual contract rates is likely to be positive, albeit dependent on how the security situation evolves.”
Maersk’s other major routes are seeing “positive second-order effects from the Suez disruption.” Global trade is also being stymied by drought in the Panama Canal.
However, analysts do not currently foresee the same level of global supply chain disruption and capacity constraint as experienced during the Covid-19 pandemic, which triggered a huge spike in freight rates and record profits for companies including Maersk.
Japan Airlines flight JL516 burst into flames after colliding with another aircraft at landing in Tokyo. Somehow they all got out alive.
From the story here:
The events surrounding the Maersk Hangzhou represented the 23rd illegal attack by the Houthis on international shipping since Nov. 19, the Central Command said. It was the first time the U.S. Navy said its personnel had killed Houthi fighters since the Red Sea attacks started. ...
Since the Pentagon announced Operation Prosperity Guardian to counter the attacks just over 10 days ago, 1,200 merchant ships have traveled through the Red Sea region, and none had been hit by drone or missile strikes, Vice Adm. Brad Cooper told The Associated Press in an interview on Saturday.
