298.6
298.7  GREAT BRITAIN +30.9.26 02/23/2/17/4M
UP 12:33 PST - DEC. 22, 2017  WAG35
298.7
DAY 298 ASIA EU UK  PARIS (fr.Yahoo)  CAN USA BRAZIL  +/- %
2017
MT. CHARLESTON
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MT. CHARLESTON
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EUROPE AMERICAS AFRICA ASIA
KNIGHTS of
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CHARLES V


Peter Johann,

With so much to follow in Washington right now – and so much happening all across the country ­– I want to make sure the investigations into Russian
interference in the 2016 election don’t get lost in the shuffle. Special counsel Robert Mueller has impaneled a grand jury, signaling that the investigations
are reaching a critical moment, and new information continues to surface.

We’ve seen findings that Russians purchased political ads on Facebook, Google and other online platforms to spread disinformation and stoke fear. And
internal reviews of that spending indicate the Russians used sophisticated targeting to sow discord. In addition to the propaganda, we also know of at
least 21 states where Russians tried to hack into election systems, a story which hasn’t gotten the thorough attention it deserves.

I’ve talked about the Russia investigations with folks in Maine and all across the country – including some who wonder what the point of all this is. People
understandably want to put the 2016 elections behind them and leave this in the past – but, unfortunately, Russian meddling isn’t a thing of the past. It’s a
real concern for the future of our electoral system. As former FBI Director James Comey said during his testimony in front of the Senate Intelligence
Committee: “They’ll be back.” Putin doesn’t “side” with anyone but himself – he’s not a Republican or a Democrat, and this was not a one-off. Russia has
tried to undermine democratic regimes in France, the Netherlands and Germany with its disinformation campaigns, and it’ll be back to attempt to
undermine ours in 2018 and 2020. I don’t have any doubt about that.

Our country’s voters have critical decisions to make in the months and years ahead, and we need to make sure all Americans get the chance to make
their own choices free of foreign interference. I consider this some of the most important work of my career. As a member of the Senate Intelligence
Committee, I’m focused on learning exactly what the Russians did and how they did it. We must uncover the facts, hold people accountable and prevent
this from happening again.

I appreciate you taking the time to read my thoughts, and I’ll keep you in the loop as this continues to develop.

Thank you for your support.

Angus


Paid for by the Angus King for U.S. Senate Campaign

Angus King for U.S. Senate Campaign
PO Box 368
Brunswick ME 04011 United States
Trumpiversary: Here Are the Winners & Losers

9:33 am ET November 9, 2017 (Zacks) Print

Before President Trump’s election, many pundits found it difficult to assess the outcome of his victory as his proposals seemed contradictory or lacked
details. On the contrary, such pro-economic policies helped technology and financial stocks rise sharply, helping Wall Street’s major equity indicators
showing the best rally in the past 81 years.

Defense stocks have, in fact, left the rest in the dust. The sector gained the most following tensions between Trump and North Korea. Trump’s
Afghanistan strategy has also lent such stocks a fillip. However, not everyone has partaken in this year-long rally. Let us thus take a look at the potential
gainers and losers of the ‘Trump trade’.

Trump Rally Fed Off Wall Street Anxiety

It’s been a year since Trump’s stunning performance on election night that had rattled the global equity market. The Dow futures tumbled nearly 900
points as investors remained concerned about Trump’s questionable campaign promises on trade and immigration.
But, investors’ apprehensions ebbed by morning and U.S. stocks started moving north. In fact, the Dow’s 1-year gain since Trump’s win turned out to be
the highest post-Election Day rise since 1945. The blue-chip gauge surged 28.5% since Nov 8, 2016.

The S&P 500 also rallied 21% since the close of trading on Election Day 2016. This is the benchmark index’s third best performance during a President’s
first election since World War II, lagging that of Presidents John F Kennedy (1960, 29%) and George H. W. Bush (1988, 23%), as per Sam Stovall of
CFRA Research.

Though Trump had taken over a progressing economy with the stock market near an all-time high, his pro-growth and business-friendly policies as well as
bets on deregulation gave investors ample scope.

Technology and Financials Benefit From Trump Policy

Promises of pro-business legislation by Trump have primarily supported the gains for the software industry and the manufacturers of the internal
technologies — the semiconductor makers. The House’s latest corporate tax plan will lower taxes from 35% to 20%. As a result, tech companies’ after-tax
earnings will improve and lead to repatriation of trillions of dollars held abroad by such companies. Tech companies can use this extra cash for research
and developments, and mergers and acquisitions.

If the bill turns into a law, tech bigwigs including Apple Inc. AAPL and Microsoft Corporation MSFT as well as semiconductor giant NVIDIA Corporation
NVDA  will largely benefit as they have billions of dollars stashed outside the United States. In fact, NVIDIA – Zacks Rank #2 (Buy) stock – became the
biggest gainer since the election, up a staggering 209%. Looking at the big picture, the technology sector is up around 39%.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Financials, in the meantime, has benefitted from the possibility of deregulating the sector. At the same time, Trump appointed Jerome Powell as the next
Federal Reserve chairman, someone who favors his regulatory changes.

Trump views the Dodd-Frank regulatory overhaul as a harsh measure, especially, on smaller banks. Trump has called for repealing parts of the Dodd-
Frank Act, which has for a considerable period of time limited operational flexibility. Trump’s administration also aims at increasing the minimum asset
threshold for banking behemoths, which will lend more flexibility, boost valuations, strengthen consolidation and increase lending. The value of stock and
options held by Jamie Dimon, the CEO of JPMorgan Chase & Co., turned out to be the highest since Trump’s win, while the broader financial sector
soared almost 35% in the said period.

Defense Stocks – By Far the Best Trade

Aerospace and the defense sector has been the best trade since Trump’s election. While deal making activity boosted the sector, Trump’s unrelenting
war of words against Pyongyang provided enough impetus to the sector to climb further north.
Let us also not forget that Trump revealed a reversal of strategy in Afghanistan, promising to “fight to win” instead of withdrawing entirely. He vowed to
ramp up U.S. engagement in Afghanistan, the country’s longest war to date. He added that moving troops away from Afghanistan would create a
“vacuum,” which terrorists would “instantly fill.”

Kratos Defense & Security Solutions, Inc. KTOS, AeroVironment, Inc. AVAV and Aerojet Rocketdyne Holdings, Inc. AJRD have been the best-performing
components in the defense sector, with their stock value doubling since Trump’s victory.

Aerospace company Boeing Co gained the maximum at 87% since the election. Trump’s pledge to significantly increase federal spending related to
national security was cheered by Republicans and helped defense and aerospace stocks scale higher. He had promised to seek a $54-billion hike in
spending on tanks, ships and weapon systems. The defense budget will climb 10%, according to the White House, while Trump recommended $30 billion
in supplementary military spending for this year.

Which Sectors Are Not So Lucky?

Not everyone, though, has participated in the year-long rally. The three worst performing sectors since Trump’s election have been consumer staples,
energy and telecommunication services. While staples and energy managed to eke out marginal gains, telecommunications tanked nearly 10%.
While volatility in oil prices during Trump’s regime made investors cautious from investing in the energy sector, staples and telecommunications were
affected due to higher interest rates. The Federal Reserve has lifted rates twice this year and is expected to raise it again next month.

Retailers too have been affected during Trump’s regime, as they continue to adapt to changing consumer tastes and preferences as well as evolving
shopping methods. Notably, Macy's Inc M was among the biggest losers since the election, down 52.3%. Currently, the omnichannel retail company has a
Zacks Rank #4 (Sell).

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.
0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.

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Archive:  VATICAN LONG
Archive:  POLAND  LONG
8.8 Mile  SOUTH LOOP
Up Mt. Charleston Real Time
REAL TIME
2&3xSPEED
Videos from Nov. 2011
7.2 Mile RAIN TREE
Up/Down (Mt. Charleston)
REAL TIME
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4 1/2 Hr NORTH LOOP UP
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1Hour HIGHLIGHTS UP
1Hour HIGHLIGHTS DN
July 4/5 2013 Fire Videos by:   William Reynolds
A specially equipped "firefighter drone chopper", similar to a  MQ-8C Fire Scout  (or their likes), could have stopped the fire in the first few hours after the thunderstorm had passed.
"Where is a Howard Hughes, when we needed one?"
Also, a Howard Hughes would have a 100 of those stationed in every western state, taking off as soon as a thunderstorm had passed to attack the fires - and not wait until it gets out of control!"
My suggestion below  dates from July 2013, at the height of the fire!
*
*
(Excerpts from my July/Aug. 2013 web page)
Mt. Charleston South Loop Trail
(now damaged by wildfire)
Click for video
NOTE:  Some videos may have been removed by now!
Mt. Charleston Mummy Mountain
& Raintree (Saved!)
At the Western Governors Conference on 12 / 12 / 2013 the concept of a "Firefighter Drone Chopper" fleet was proposed.  
EUROPE      V M P L F Ma  
DAY 298 ASIA EU UK  PARIS (fr.Yahoo)  CAN USA BRAZIL  +/- %
BACK TO:  CANADA  298.6  SCOT ROAD
UPDATE: European banks rally, leading stocks to 1-month closing high
Today 12:08 PM ET December 08, 2017 (MarketWatch)
Share
Print

By Carla Mozee and Sara Sjolin, MarketWatch

U.K. and EU make breakthrough on Brexit divorce terms, clearing way to next stage of negotiations
European stocks rose Friday, scoring their highest close in a month, after the U.K. and the European Union came to terms on a Brexit divorce deal,
opening the way to a key phase of talks.

Bank stocks were in rally mode after news of the Brexit breakthrough and after global financial officials finally signed a deal Thursday to harmonize
banking rules.

How markets are moving: The Stoxx Europe 600 popped up 0.7% to close at 389.25, logging its highest close since Nov. 9, according to FactSet data.
For the week, the Stoxx 600 scored a 1.4% gain, following last week's fall of 0.7%.
(http://www.marketwatch.com/story/european-stocks-on-course-for-2nd-losing-session-with-tech-knocked-down-2017-12-06)In Frankfurt on Friday, the
DAX 30 index jumped 0.8% to 13,153.70, and in Paris, the CAC 40 gained 0.3% to 5,399.09. Spain's IBEX 35 leapt 0.6% to 10,321.10.

The U.K.'s FTSE 100 ended up 1% at 7,393.96, propelled higher by a drop in the pound.
The euro traded at $1.1765 at the time of the European close, down from $1.1774 late Thursday in New York.

What's moving markets: The president of the European Commission, Jean-Claude Juncker, said early Friday that "sufficient progress" has been made
(http://www.marketwatch.com/story/breakthrough-on-brexit-terms-opens-way-to-next-phase-of-talks-2017-12-08) on three key issues in Brexit negotiations
to allow the talks to advance to the next phase.

"I believe we have now made the breakthrough we needed," Juncker said at a press conference in Brussels.
After a night of intense negotiating, British Prime Minister Theresa May managed to resolve the final issue -- the Irish border -- needed to satisfy the EU
side.

The Brussels negotiating team is now recommending that EU leaders give the go-ahead for Brexit talks to move to the second stage, which will cover trade
agreements and a potential transition period. The European Council meeting of EU leaders is scheduled for Dec. 14-15.
An EU official reportedly threw cold water on hopes of a quick deal on trade, saying it's not realistic to expect an agreement by March 2019, when the U.K.
leaves the union.

The pound hit an intraday high of $1.3521 following news of the deal, but since slumped to $1.3366. That compares with $1.3475 late Thursday in New
York. Against the euro, sterling fell to EUR1.1363 from EUR1.1445 on Thursday.

Analysts said the drop came not because traders were disappointed with the deal, but because a lot of the optimism had already been price in.
Read:The Game of Krones: Inside Denmark's battle to defend its 35-year-old currency peg
(http://www.marketwatch.com/story/the-game-of-krones-inside-denmarks-battle-to-defend-its-35-year-old-currency-peg-2017-12-08)

Stock movers: The Stoxx Europe 600 Bank Index surged 2.2%, marking its biggest leap since July.

On Thursday, international banking regulators agreed on the final Basel III standards for banks. The harmonized rules, conceived after the financial crisis,
aim to shield taxpayers from bank bailouts by making sure lenders have adequate cushion against shocks. The standards must now be passed into
national laws. The agreement further highlighted that most lenders hold a sufficient amount of capital.

Friday's Brexit breakthrough also helps the financial industry, as it brightens the prospects for a smooth transition when the U.K. withdraws from the EU in
2019.

In the bank group, Germany's Deutsche Bank AG (DBK.XE) (DBK.XE) jumped 3.3%, while shares of London-based Barclays PLC (BCS)(BCS) rose 2.5%.
France's Société Générale SA (GLE.FR) added 2.3%, Spain's Banco Santander SA (SAN) picked up 1.8%, and Italy's Unione di Banche Italiane SpA
(UBI.MI) moved up 2.2%.

What strategists are saying: "GBP/USD tumbled throughout the afternoon after the early morning buying frenzy fizzled. Sterling got off to a strong start in
the early hour due to the news that the U.K. and EU will move onto next round of talks in relation to Brexit. Traders a feeling in was going to be good news
that was reported this morning so some of the move was already priced in," said David Madden, market analyst at CMC Markets UK, in a note.

"The DAX has been given a boost after Martin Schulz of the Social Democrats suggested his party is warming up to the idea of entering into coalition talks
with Angela Merkel's Christian Democratic Union. The German economy has been performing well without a functioning government, and [the] news has
added to the positive sentiment," he added.

-Carla Mozee; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

December 08, 2017 12:08 ET (17:08 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
HP  ACRFF  AMD  AXP  BASFY  BBRY  CAJ  CSCO  CZR  E  EUDSF  FB  FTR  GM  GPRO  IGT  INTC  LVS  MGM  MSFT  PCRFY  PJT  RWE  SIEGY  UNLNF  SNE  ERIC
GE  TGT  SUNEQ  TRI  TWTR  WMT  WYNN  SWX  YAHOY  YHOO  ENB  IFNNY   IGNMF   AAPL  AIR.PA  BA  CRTO  LMT  NOC  ZION  ROYAL  BNS.TO  Bsteel  RTL
0,16%    0,55%    0,09%    0,72%    T I S H
0,00%   0,14%   0,39%   0,15%   0,28%   1,19%    V M P L F Ma
0,07%    0,06%*    N/EF    0,07%   0,07%    B To D N S
12/22/17  20:20 GMTime
Dec. 19:  Baden-Württemberg  295.5 BENZ ROAD
EURO 1,1854  December 22, 2017  15:20 ESTime   *15:06 ESTime
BACK TO:  CANADA  298.6  SCOT ROAD
0,16%    0,55%    0,09%    0,72%    T I S H
0,00%   0,14%   0,39%   0,15%   0,28%   1,19%    V M P L F Ma
0,01%    0,08%*    N/EF    0,07%   0,03%    B To D N S
12/22/17  20:00 GMT
EURO 1,1852  December 22, 2017  15:00 ESTime   *14:46 ESTime
American capitalism 'seems to be broken,' says Nobel winner Angus Deaton

Today 10:24 AM ET (MarketWatch)

By Greg Robb, MarketWatch

Surge in 'deaths of despair' among whites suggests the loss of 'a way of life'

Sometimes simple statistical economic work can open our eyes to some fundamental changes in the economy.

That was the case with landmark research undertaken by Nobel Prize winning economist Angus Deaton. The Princeton economist, working with his wife
Anne Case, stumbled on the fact that mortality rates were rising for working-age white Americans since 1999.

For mortality rates to rise instead of fall is extremely rare. It typically takes a war or epidemic for death rates to jump.
Deaton and Case found that these deaths are tied to "deaths of despair" from alcohol, suicide and opioids.

As to the more difficult question of "why" these deaths are taking pace, Deaton hypothesized that they are tied to a destruction of a way of life for working
class Americans that used to exist.

"I've been using the analogy of the plains Indians, they had had a life which you might have liked or might not have liked before Europeans came to
America and that life was destroyed and was never put back together again. I think we're seeing that for the American working class over the last 40 or 50
years," he said in a recent speech.

MarketWatch spoke with Deaton about possible explanations for the rising mortality among the working poor and things that can be done to reverse the
trend.

MarketWatch: Could you summarize your landmark 2015 research about rising mortality rates among white Americans?

Deaton: We were really looking for something else and then we discovered that, at least among people between 45-54, and even more between 50-54, a
decline in mortality, particularly white mortality that had been established for about 100 years had actually stopped or even reversed itself. Whether it has
reversed itself or not depends on a bit on your starting point and end point, but the century-long decline in mortality rates that had gone on since the
beginning of the 20th century had just stopped and was starting to rise.

And then, what we've done was to check and find out why this was happening. Not in the deep sense of why, but which causes of death were associated
with this. And we found that the fastest rising causes of death in this group were people dying from suicide, dying from alcoholic liver disease, and dying
from drug overdoses.

So that was the initial finding. I guess the other important thing is that is not happening among African Americans, for whom mortality rates continue to fall,
in fact are falling quite rapidly and among Hispanics, for whom the trend is good. None of what you see here is happening in European countries. A lot of it
is focused on people who do not have a BA, for example.

MarketWatch: Is there any sign that this trend is slowing down?

Deaton: I think in the next few days we will see the data for 2016, but not so far.

MarketWatch: You compared this rise of mortality to the AIDS epidemic.

Deaton: The numbers we've given, which were similar to the AIDS epidemic, came from saying "ok, if mortality rates had continued to fall in the way they
had prior to 1998, then how many people would be alive that are actually dead," and that's how you get that sort of number.

MarketWatch: It is not only opioids?

Deaton: That's right. I think in the age groups we were looking at among white non-Hispanics, the deaths from opiate overdoses are the biggest part of it,
but they are not as big as suicides and cirrhosis added together. Maybe some of these deaths, we should also be putting some heart disease in there.
Opioids are certainly the biggest single thing.

MarketWatch: And it is not just men. It is men and women?

Deaton: Yes. I mean most of these rates are lower for women but the increases are parallel for men and women. I mean, women don't kill themselves as
much as men do but the rises have been similar.

MarketWatch: I want to make the bridge from your findings to the economy. You have said that white working class workers are facing a loss of their way of
life.

Deaton: This is much more hypothetical because of course, you are saying "what is doing this?" Tying it to the economy is tricky because it is certainly not
true that it was the Great Recession that made this happen, for example. And in fact even if you go back to the late 1990s, the patterns of income and so
on are not that different across groups. They don't match up. Any simple story that said "it is the economy stupid," is stupid.

So we trace this back sort of a long way, and if you look at birth cohorts it is like each successive birth cohort is doing worse. They are more susceptible to
these deaths throughout life, and the deaths rise with age more rapidly for younger cohorts, so we're attracted by this idea that there is a cumulative
process going on which is steadily getting worse over time. And, you know, the destruction of the way of life of the white working class is maybe a good way
of thinking about this. I mean we are very attracted by that. You know, the ultimate poison may be in the labor market, but, it works through a lot of other
bad stuff that is going on -- like the decline in marriage rates, the increase in out-of-wedlock childbearing, and all those sort of things. It is those things that
get to middle age and your life has not worked out the way you thought, not just in terms of the salary you earned, but also your marital relationship, your
kids who you may not know anymore and who are living with someone else. So there are a lot of people who in their 50s that find that their life has just sort
of come apart.

One story is just that there has been this slow loss of the white working class life. There has been stagnation in wages for 50 years. If you don't have a
university degree, median wages for those people have actually been going down. So it is just like that model, whereby American capitalism really
delivered to people who were not particularly well-educated, seems to be broken.

MarketWatch: What can be done?

Deaton: Well, I think actually quite a bit can be done. And again, this is very tentative work and there are a lot of other economists and other people who
are thinking about these issues. Obviously you can't go back and change history. So you can't make the last 50 years go away. And many people think,
"ok what's destroyed working class life -- the forces of globalization and technical change" -- and I'm sure they contributed. But we don't want to stop them.
Globalization and technical change are the guarantee of our future prosperity. And reversing on that will not only make things worse, but it will make things
worse for a very large number of people around the world who have benefitted -- people in China and India who have been dragged out of the most awful
poverty. So we don't want to do that, but I think there is a realization there is a lot of policies in the U.S. -- things are amenable to action -- that have
actually been contributing to hold down wages.

I could give you a few of those -- our catastrophic health-care system seems like a leading candidate there. There is this number that floats around which I
think is pretty well-based that we're wasting about a trillion dollars a year compared with what it would cost if we had one of the other systems you see in
Europe or Canada. That trillion dollars a year -- much of that is actually coming out of people's wages -- because so many people get health insurance
through their employers. So that's one thing. If you took that money out of the health sector and gave it back to worker's wages, we would not be in nearly
such bad shape.

I think there is a lot of increasing interest in monopoly power, around consolidation in many, many industries and that prices are not falling as rapidly as
they should or are rising. And it is real wages we're talking about here -- real wages are, of course, money wages divided by the price level. And so, if you
have a system that redistributes money upwards, to CEOs or to hospital executives or whatever, pharma executives, then those people get big increases
in their wages which offsets the price increase but the rest of us just get left with the price increase.
I could go on. I think there are a lot of policies that have been unfriendly to workers wages.

MarketWatch: You said in a recent speech that we have to find ways to share and not let it all go to the top.

Deaton: Right. I would even put it more aggressively than that. A lot of people are thinking about rent seeking. There is this sense that it is not just letting it
go to the people at the top, it is letting the people at the top get rich on the backs of ordinary people.
That's a much more aggressive statement. I'm in favor of inequality if it comes about from people making great innovations that make us all better off. And I
think those people deserve to be rich. But the people who get rich by lobbying the Congress to give them special protections that come out of the hides of
the workers seems to be to be a bad idea.

MarketWatch: You're doing more research on the "why" and the causes of the rise in mortality.

Deaton: Yes. We're looking at a lot of different indicators. We want to do a lot more work on Europe because some of the things that have happened here
have happened in Europe, but not all of them. So one really interesting question is that median real wages in Britain have fallen since the Great Recession
and that 10-year-or-more period is unprecedented in British economic history. So you don't see these deaths in Britain. You see a little bit, but nothing like
what you've got in the U.S. So is this what's in store for Britain, or is this a peculiarly American phenomenon? You can tell that story both ways. That seems
a really interesting question. But I do think throwing your hands up and saying it is globalization and technological change is sort of a counsel of despair,
and I don't think we have to go there.

-Greg Robb; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires
December 13, 2017 10:24 ET (15:24 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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