Secret deal with the U.S and Saudi Arabia from 41 years ago to buy U.S Treasuries .

Watching Bloomberg News this morning an interesting story come fruition because Bloomberg sued the U.S government freedom of information act and the U.s government release the fact 41 year ago a secret deal for Saudi Arabia to buy U.S Treasuries was made. In 1974 the U.S had worst economy sine the 1930's so President Nixon needing money to finance the government reach out Saudi Arabia and sent Sec. of Treasury William Simon to Saudi Arabia to get the deal done. The only thing Saudi Arabia was that deal be kept secret.
Saudi Arabia for first time might to into debt market, maybe as much as 15 billion dollar. Last week Qatar had successful bond offering 9 billion far more then anyone excepted- maybe the Saudi's took note.
The Phillippines just elected a new President, who wants to bring back the death penalty and maybe bring some Communists into government. He barely defeated Marcos son. 

Low end Brick and mortar stores seems to be doing ok.

Low end Brick and mortar stores like Dollar Tree, Big Lot and Wal-Mart all seem to be doing ok. The high end like Macy and Nordstrom seems to be losing ground, now reason given for that is people are shopping on line, however, it may be due to economies. Fear of the economy buy cheap.

Riots in French because the Socialist government is trying lay law on unions.

Riots in French because the Socialist government is rein in unions.
Mozambique about default on it's loan.
Qatar just rise  9 billion in debt twice as much as investors expected.
Bill Gross shorting debt.

Donald Trump is ringmaster and Ted Cruz looks like Brian Williams.

Watching T.V news today, I don't know why but Trump struck me as ringmaster as were riots outside his event.Maybe thirty years ago, I saw Trump on T.V and struck as evil.
In newspaper the New York Daily News I saw picture that thought was Brian Williams but it was Ted Cruz both lie and mislead as does Trump.

Except for Box retail store the retail stocks seem stronger then people think.

Best Buy earning were far better then people were lead to believe,yes the stock did go down little because the outlook by the company was for downward trend. But many retails seem ok yes big drops in Box store retail like Macy, however, because of there huge drop good value has been created, plus those stock pay good dividend which I think is safe.

Wal-Mart stock went up today almost 10%. Since Jan L Brands has drop like rock.

With better profits and revenues today unlike most retail stocks Wal-Mart stock went up nearly 10%. Still pays almost 3% yield on dividend. Everybody loves Amazon but they aren't shareholder friendly no dividend.
Since Jan. L Brands stock has fallen from 90 dollar to 60 dollars. Victoria secret is out?

Opportunes for the income investor in falling Retail Stocks?

Yes, the old fashion Retailor: like Macy, Nordstrom,Target Kohl's stock have drop like rock, however, is time for income investors to take a look at them? They pay very high yield now( Kohl's 5.8 percent, Macy 5.3 percent and both Target and Nordstrom pay good dividend too!) and time being I think the dividends are safe now compare to Amazon yes it's stock seem to go up and up but who know what price would be in six months? Amazon doesn't pay dividend so it ain't so safe and most investor far better t o dividend paying stock then a high flyer, who just might ran out gas and crash into the sea. 

Christie who Trump made his transtion lead man(by the way that will never happen) once put Trump's relative(by marrage) behind bars.

What strange world we live in, yesterday Trump appoint Christie to head his transition team,of course, there will be no transition team for Trump because he won't be elected president,but what makes sticky situation is Christie put Ivanka Trump's(Trump's daughter) father-in behind bars. Charles Kusher (Ivanka's father-in) the biggest landlord in New Jersey was put trail for corruption by Christie, Charles bother-in was going to turn state's evidence, so Charles hirer a prostitute to entrap his bother-in to blackmail him not testify against him.  

The day F.D.R give H.L Mencken some of his own medicine.

This week much talk about White House Correspondences Dinner, where President tries to be witty and throw some insults at his critics.But classic case of reality dishing it out to a critic came not in the Correspondences Dinner, but rather at Gridiron Dinner back in 1934.
H.L Mencken, the legendary newspaper man, and critic of the New Deal spoke, then it was Franklin D. Roosevelt turn to speak, and spoke about the Press,and this is what he said," shot through with stupidity, coward and philistinism and staffed by men who could not pass the entrance examination for Harvard and Tuskegee, or even Yale."

It was several minutes before the audience came to realize that he was quoting from Mencken's essay," Journalism in America."