November 30th is Saint Andrew’s Day, the official national day of Scotland celebrated by the Scottish and Scot-enthusiasts throughout the globe. The land of kilts and haggis has contributed a great deal to world culture, punching way above its weight in producing world-class businessmen, scientists, and philosophers.
So far 90% of S&P 500 companies have reported earnings in the US. For the third quarter of 2019, these companies have seen their earnings decline –2.3% year-over-year. This marks the third straight quarter of earnings decline. It could be called an earnings recession, though unlike economic recessions the National Bureau of Economic Research (NBER) does not call earnings recessions.
"Man is the measure of all things", said the Greek philosopher Protagoras. However, when man wants to measure those things, he needs units, and those can be difficult to create for abstract concepts. Nevertheless, scientists have tried to quantify danger using a unit called a mort (from the Latin word for death). A 1 mort activity puts a person at a 50-50 chance of perishing.
In 1997, George Lucas released a new version of Star Wars, claiming that two decades of advancement in special effects finally allowed his full artistic vision for the film to be realized. And the re-release did show how much a simple space story could be improved by a becluttered backdrop of computer-generated distractions. Just like Star Wars, early versions