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DID BUY PRH. WAIT FOR MAIN

“””According to stats from Spoiler TV, since 2011 the networks have lost an average of just over 80 percent of their audiences. From 2011 to this most recent quarter in 2022, ABC has lost 81.53 percent of its viewers, CBS has shed 81.32 percent, and NBC has lost 73.74 percent. As to Fox and the CW, they have lost 70.49 and 86.96 percent respectively.“””

PRH spiked up on Thursday and we did not buy: BUT it dropped back down on Friday (when markets dumped) giving us the opportunity to BUY at a decent price. PRH pays almost 7% and is an excellent high quality addition to the portfolio.

There are so many ‘bad’ things going on out there that it’s hard to comprehend. With corrupt Commander in Diapers Bidee in charge and his band of stupid fuckwads, the economic and political environment is only going to get worse. We now foresee financial markets dropping to the Summer lows. This is getting awful.

Bottom Line: We still have significant paper losses on positions so far this year but plan on holding all positions for the dividends. Continue looking for new buys such as the MAIN corporate bond where the price has come down a little.

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“””Despite the author’s concerns, the chart below shows that the market’s behavior in midterm election years is very different than in non-midterm election years. Based on the average for midterm years, we should expect a weak start to September and then a strong run higher for the remainder of the year.“”” (realinvestmentadvice.com)


“””A whopping 79 percent of Americans suggest President Donald Trump likely would have won reelection if voters had known the truth about Hunter Biden’s laptop—that it was real and not “Russian disinformation,” as intelligence officials aligned with Joe Biden falsely led the public to believe, a new national poll reveals.“””

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