Chet Collins

Winter storm warning.

❄️

Powerful Rest And Fluids Industry Influencing Doctors’ Treatment Of Colds - The Onion

We’ve had the cure for the common cold for nearly 40 years, but it’s still ’rest and fluids, rest and fluids.’ Why? Because these guys are getting paid through the nose, that’s why.”

Nativity. ✨

In a Wild Year for Markets, Investors Who Did Nothing Did Just Fine - WSJ

Markets were assailed by a trio of disruptive forces this year. Yet investors were rewarded for doing nothing. 

If you owned U.S. stocks at the start of the year, you made good money. If you owned foreign stocks, even better. If you held Treasurys, you did well. And if you parked up in cash, the yield stayed high.

Cheers!

Nissan’s U.S. Boss Says the Automaker Lost Its Way - WSJ

Meunier, 58 years old, who worked at Nissan for 17 years on three continents before leaving in 2019 to run Stellantis’s Jeep brand

Wow, cut his teeth at Nissan then moved over to Jeep. This guy really knows his way around a poor quality vehicle!

Christmas Eve.

It’s that time of year again: detailed tax planning!

U.S. Bans New China-Made Drones, Sparking Outrage Among Pilots - WSJ

The Federal Communications Commission on Monday banned all drones and critical components made in a foreign country, and all communications and video-surveillance equipment from major Chinese drone manufacturers SZ DJI Technology and Autel Robotics.

This one stings; DJI is the Apple of drone technology. I hope the threat is real because I can’t name a single other hobbyist drone brand.

DJI accounts for around 70% to 90% of commercial, local-government and hobbyist drones in the U.S.