Having grown up in SC and spending a lot of time in Myrtle Beach in my formative years, appreciate this comment.

Definitely it's a bit out of balance. I agree with your valuation of the Essentials tier. It's a marketing tool and a gateway drug :) Plus is by far the best value proposition recently - for that price it's offering a steady stream of otherwise hard(er) to find content (although free podcasts and fintwit are a competitor), especially with the recent addition of extra research material. Seems like it's a bit ignored for education, either it has a different, more focused model or just a bit lagging behind. Crypro - so far it's mostly a promotion platform for various companies shilling their services. From what I understand this will be free going on (? I might be totally off), sponsored by these companies. So I expect it to continue in a somewhat similar fashion. There is still some interesting interview from time to time but it's not steady. Pro is what it is - a time saver for those who have a large enough portfolio but missing time/understanding/patience/confidence to come to their own conclusion - for a price that's still acceptable compared to similar offerings elsewhere. If the education content ramps up, it will be more worthwhile for a broader audience.

Have suggested this numerous times. Maybe it is working for them financially, but find it confusing as a subscriber.

Liquidations are the issue. Some project liquidation % is higher than the interest you earn on high yield. To suggest that you can clip these coupons almost like treasuries is a high risk strategy to earning historically low yields on high yield bonds.

You've got to remember, that negative 35% GDP number will disappear shortly - it's the 2nd quarter number annualized. So when the "full" year reading comes out (to match all those earlier data points in the chart that was shown) it will probably be a reading of maybe 10 to 12% down. A big difference!

Agreed on the whole HYG and UST

I understood that Mr. Dillian meant the interest rate on the US Treasuries is just not enough to fool with. DLS

I think this might also play into his "buy stocks" thesis. If you overlay a chart of the S&P500 on HYG you will see they are virtually identical (so if stocks are being supported by Fed policy HYG will be too). I don't know that I believe that the Fed can cure all ills (since it was responsible for a lot of those ills), but it kind of follows Jared's thought process.

The election is important, but life and the markets will go on either way. DLS

I try to avoid making any election predictions of any kind — except to say that at this point nothing would shock me.

Yes. I believe so.

He has no Canadian equities and is still short CIBC...

Thanks, David. Good point on looking at data NSA — especially during non-linear moves where the adjustments distort.

Agree and I like his awesome portfolio mix.

#word