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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (22020)	8/2/2019 2:21:28 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 33421

Because of Obamacare through Blue Shield we had to pay $57,000 a year less in insurance premiums - and we found our Doctor was not on the Blue Shield Obamacare list of providers. If we had kept our Blue Shield HSA PPO policy, we found Blue Shield of California had removed our Doctor from their list of PPO providers. So either way, we would have needed to find a new in-network Doctor. Change turned out to be a very good thing, but without Blue Shield of California initiating that change, inertia would have probably kept going to see than same Doctor. In retrospect it's clear he was having problems and Blue Shield knew more about this than we did. . You know Bob, most of your employees now qualify for free Medicaid which is a real God-send for them in comparison with the insurance plan you previously offered them. Virtually all of your employees not on Medicaid qualify for Obamacare which is also a big step-up in healthcare quality coupled with a reduction in their out-of-pocket costs. If you're concerned about your employees, you should offer free financial and psychological counseling to those employees who haven't made the switch. They either don't understand the savings or they have emotional problems.

To: robert b furman who wrote (22020)	8/3/2019 6:47:30 AM
From: elmatador	2 Recommendations Recommended By Don Green sixty2nds Read Replies (1) \| Respond to of 33421

Bob, The way I look to the macro situation today, and basing on my experiences with 80s and 90s; the macro situation has moved in a different direction. People still tend to think that it is just a wobbling but the world is going in the same directions. It is not. The Move to Extreme The power of the capitalist system, vis a vis the options, is that it is being constantly renovated. Because Capitalism appeals to man's (man as in Mankind) animal spirits, it tend to extremes and can't be fine tuned. Thus Booms and Busts. Globalization was not supposed to be concentrating all growth in China. It was supposed to be spreading capitalism more evenly across the globe. Since it went all China's way. the pendulum starts now swinging back. The Chinese, not versed in business cycles, thought that it was growth forever.It never is. They ae starting to learn that business cycles exist. The have made the consequences of the end of the cycle worse by trying to use their weight to delay the down turn.

To: robert b furman who wrote (22020)	8/5/2019 9:25:35 PM
From: ajtj99	2 Recommendations Recommended By Elroy Jetson ggersh Read Replies (3) \| Respond to of 33421

Robert, you said: For decades I've wanted a business man in the Oval office. My continued desire is to give Trump 8 years and hope that many dynamic businessmen will see that public service can accomplish great things and step forward to be a suitable replacement. I'm curious why the businessman for the job today (who is to be looking after your Social Security, Medicare, and the Treasury) is one who went bankrupt 6-times, including a casino, which is nearly impossible to bankrupt? Why not someone like Bill Gates, Peter Theil, or Marc Cuban? Is the current president a placeholder for the person you really wish to see there? Also, typically a person's hometown supports them in an election, but Queens voted 9:1 against him in 2016. Why did the people who knew him best vote that way? I can't recall a time when that happened in the past. Don't flame me. I'm just asking objectively so to better understand. I know the president inspires passionate responses and unites many sections of our society. As an investor, would you hire a money manager who was 6-times bankrupt? If you asked anyone on the street this question, it would be very hard to get an answer in the affirmative, but with the name Trump, it's not an issue with our Treasury and budget and safety nets. Why is this?