Web Feed – Fun With Justin http://funwithjustin.com/ Tue, 25 May 2021 12:03:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://funwithjustin.com/wp-content/uploads/2021/05/fun-with-justin-icon-150x150.png Web Feed – Fun With Justin http://funwithjustin.com/ 32 32 7500 Club: Life Changes, Fall College Series https://funwithjustin.com/7500-club-life-changes-fall-college-series/ Mon, 24 May 2021 23:15:17 +0000 https://funwithjustin.com/7500-club-life-changes-fall-college-series/

It’s been a while!

In this episode of the 7500 Club, Sam and Mike catch up on some major life changes that have happened since their last episode. After that, they discuss what the Fall College Series will look like and the positive and negative impacts it will have on D-III.

7500 Club: Life Changes, Fall College Series

To note: You can follow Ultiworld and The 7500 Club on Spreaker. You can also find the podcast The 7500 Club on itunes, Spotify, Stitcher, Deezer, RSS, google playand your other favorite podcasting apps.

In this week’s 7500 Club subscriber segment, Sam and Mike discuss the checklist of cities Sam plans to visit while working in the Netherlands.

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Mixed trend in rubber – the Hindu BusinessLine https://funwithjustin.com/mixed-trend-in-rubber-the-hindu-businessline/ Mon, 24 May 2021 13:18:47 +0000 https://funwithjustin.com/mixed-trend-in-rubber-the-hindu-businessline/

The rubber spot was in a mixed mood on Monday. RSS 4 continued to close unchanged at ₹ 172 per kg, according to traders and the Rubber Board.

According to reports, foreclosure restrictions continued to weigh on sentiment, although tight supplies should extend further price support. Meanwhile, RSS 5 and ISNR 20 regained strength, mainly driven by bargain hunting at lower levels, responding closely to global signals and domestic supply concerns.

In futures, May delivery fell 0.64% from Friday’s settlement price to close at ₹ 168 per kg with 40 lots volume on the Multi Commodity Exchange (MCX).

RSS 3 (spot) improved to ₹ 172.37 (171.45) per kg in Bangkok. SMR 20 weakened to ₹ 122.93 (123.20), while latex firmed up to ₹ 114.77 (114.58) per kg in Kuala Lumpur.

The natural rubber contract for June delivery was up 165 yuan (₹ 1,872.10) from the previous day’s settlement price to close at 13,500 yuan (₹ 153,172.45) per tonne with a volume of 82 lots and an open interest of 363 lots during the day on the Shanghai Futures Exchange (ShFE).

Spot rubber rate (₹ / kg): RSS 4: 172 (172); RSS 5: 169.50 (169); ISNR20: 155 (154) and Latex (60% drc): 128 (128).

Online training

The Rubber Board is hosting an online training program on rubber diseases and pests and their control measures on May 31 from 2:30 p.m. to 4:30 p.m. The medium of instruction will be Malayalam. The training fee is ₹ 119 (including 18 percent GST and 1 percent flooding) for Keralites without GST registration and ₹ 118 for non-Keralites and Keralites with a GST registration.

Interns can pay the fees directly to Central Bank of India Account No. 1450300184 (IFS Code-CBIN 0284150 in favor of Director, Training, Rubber Board, Kottayam. For more details contact by phone: 0481- 2353127 or WhatsApp 7994650941. Email: training@rubberboard.org.in.


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PM Modi joins crucial BJP, RSS meets on UP electoral strategy one year ahead of polls https://funwithjustin.com/pm-modi-joins-crucial-bjp-rss-meets-on-up-electoral-strategy-one-year-ahead-of-polls/ Mon, 24 May 2021 06:20:53 +0000 https://funwithjustin.com/pm-modi-joins-crucial-bjp-rss-meets-on-up-electoral-strategy-one-year-ahead-of-polls/

The BJP has started work on the party’s electoral strategy for the assembly election in Uttar Pradesh, fearing that the handling of the Covid-19 crisis could negatively impact the party’s prospects in the poll crucial next year.

Several top leaders have gathered in recent days to discuss the way forward for the 2022 Uttar Pradesh Assembly elections. Prime Minister Narendra Modi and Union Interior Minister Amit Shah reportedly attended a meeting of the BJP and its ideological relative Rashtriya Swayamsevak Sangh (RSS) on Sunday to discuss the party’s strategy.

Senior RSS and BJP leaders discussed the impact of the ongoing Covid crisis on the UP elections next year and the strategy the party will adopt to strengthen its position in the state.

According to sources, aware of the meeting in Delhi, PM Modi was joined by BJP chief JP Nadda and UP BJP (organizational) secretary general Sunil Bansal in a meeting with RSS chief, Dattatreya Hosabale.

The BJP appears to have activated damage control mode after the setback it faced in key panchayat election seats.

The meeting in Delhi between RSS and BJP leaders, including Prime Minister Modi and Amit Shah, also came at a time when the government of Uttar Pradesh has come under fire for its handling of the Covid-19 pandemic . Hundreds of bodies were found floating in the Ganges recently, raising suspicions that the abandoned corpses could be those of Covid-19 patients.

Not just the opposition, but members of the ruling BJP have also questioned Yogi Adityanath’s handling of the second wave of the coronavirus pandemic.

On May 9, Union Labor Minister Santosh Gangwar complained to the chief minister about the situation in his Bareilly constituency, saying officials are not taking calls and government health centers are referring patients. for district hospital “ referrals ”. In a letter to Adityanath, he also complained about the “great shortage” of empty oxygen cylinders and the high prices of medical equipment in Bareilly.

BJP’s Sitapur MP also expressed resentment over the handling of Covid-19 in the state, saying he feared a sedition charge for speaking out.

“What is the status of deputies? If we talk too much, we will also be charged with treason and sedition, ”Rakesh Rathore told reporters questioned about the intensive care facilities in Sitapur.

Under criticism from various quarters over the management of the pandemic, BJP Nadda wrote last week to the CMs of the BJP-led states and urged them to launch initiatives to help those who have suffered as a result of the pandemic of Covid-19.

In a letter to senior ministers in party-led states, Nadda of the BJP also said that no celebratory events would be held to mark the anniversary due to the circumstances caused by the pandemic and added that various programs of well- be would be organized instead.

Read also | RSS vs BJP: Discord in the family

Read also | Ground report: 22 dead in UP village, locals say Covid sadness set in when migrants returned home


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How the Sangh Parivar brings the northeast to the Ram page https://funwithjustin.com/how-the-sangh-parivar-brings-the-northeast-to-the-ram-page/ Sun, 23 May 2021 16:27:00 +0000 https://funwithjustin.com/how-the-sangh-parivar-brings-the-northeast-to-the-ram-page/

MARGHERITA, ASSAM: The months of January and February have been hectic for Harish Saikia and Rubul Chetia from Margherita, a small town in the far corner of Assam, not far from the border with Myanmar. The duo were among the 13,000 or so kayrakarta of Rashtriya Swayamsevak Sangh (RSS) and her sisters in the northeast who tried to reach as many homes as possible and connect them to the mandir movement by helping build the Ram temple. in Ayodhya. While the Rs 35 crore they collected in the region’s seven states may be a drop in the ocean, the fact that they managed to reach even remote border villages is a testament to the ever-growing presence of the Sangh parivar and underlines their gargantuan effort. to connect every nook and cranny of the often overlooked region with fundraising.

In the 1980s, when the entire nation was glued to Ramayan de Sagar de Ramanand, Margherita barely had a few dozen televisions. It was then that Ram of Ayodhya first entered some lounges in the isolated city. Now, after three decades, his infantry has spread across Margherita this year, trying to transport the mandir movement to most homes. But it was a difficult task, because historically the people of the Northeast did not worship Ram as a deity. And as the BJP’s war cry of “Jai Shri Ram” echoed through neighboring Bengal, hundreds of saffron activists quietly took to the streets to bring the people of the northeast to the Ram page.


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Calls on Canberra to support biotech, as medical tech companies wait for funding https://funwithjustin.com/calls-on-canberra-to-support-biotech-as-medical-tech-companies-wait-for-funding/ Sun, 23 May 2021 07:29:25 +0000 https://funwithjustin.com/calls-on-canberra-to-support-biotech-as-medical-tech-companies-wait-for-funding/

One of the country’s most seasoned biotech investors urged the federal government to do more to support the sector, as medical tech companies wait for funding to come from a $ 1.5 billion program to boost manufacturing in Australia.

The life sciences industry applauded the $ 1.5 billion “modern manufacturing strategy” when it was introduced last October, when the government flagged six priority manufacturing areas and plans to help them. companies to produce valuable products on land.

The strategy includes three grant programs for businesses. However, only two of the grant streams have received applications so far, with $ 140 million allocated to all six areas between 2021 and 2024. The priority areas of the program are space, medical products, resources, food and beverage, defense, recycling and clean energy.

The co-founder of prominent biotech investment firm Brandon Capital, Dr Chris Nave, said the program was a valuable starting point to help keep companies on the ground during commercialization. However, he said that because the overall manufacturing program was shared by a range of industries, and after you split the funding between them, “you don’t end up with a hell of a lot of money” for the products. medical.

“You have to start somewhere, and I’m not criticizing the amount – but when you look at how important the manufacturing is going to be, to me you could almost say [no amount] might be enough.

Scott Morrison announcing the new manufacturing policy last October.Credit:AFR

So far, the “translation” and “integration” workflows have both undertaken a first set of applications. These grants are designed to help start-ups commercialize their technology and access new supply chains. A spokesperson for the Ministry of Industry, Science, Energy and Resources told the masthead that the companies’ arguments were still being examined.

“Assessment of requests for [modern manufacturing initiative] The integration and translation components are underway and decisions on fund allocations are the responsibility of the minister and the government and will be taken in due course, ”they said.

According to the backgrounders, funding will represent up to 50 percent of the total amount a company spends on a manufacturing project, with grants ranging from $ 1 million to $ 20 million. The ministry predicts that the average grant amount will be $ 4 million.

The policy also involves a grant program known as “Collaboration Manufacturing,” which is designed to help fund much larger manufacturing projects. Applications are not yet open.


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J&K: NIA files indictment against 3 Hizbul terrorists for looting weapons to target BJP-RSS leaders https://funwithjustin.com/jk-nia-files-indictment-against-3-hizbul-terrorists-for-looting-weapons-to-target-bjp-rss-leaders/ Sat, 22 May 2021 14:27:01 +0000 https://funwithjustin.com/jk-nia-files-indictment-against-3-hizbul-terrorists-for-looting-weapons-to-target-bjp-rss-leaders/

The NIA investigation revealed that three defendants used to provide logistical support and organize shelter for terrorists in Hizbul.

The accused have been identified as Jaffer Hussain, Tanveer Ahmed Malik and Taraq Hussain Giri.

The National Investigation Agency (NIA) on Friday filed a complaint against three Hizbul-Mujahideen (HM) terrorists at the NIA Special Court in Jammu. Of the six defendants, three terrorists were shot dead by security forces during a meeting, while three defendants were arrested and charged with conspiring to rekindle activism in J & K’s Kishtwar.

The lawsuit against Jaffer Hussain of Hunjalla and Taraq Hussain Giri of Pochhal in Kishtwar and Tanveer Ahmad Malik of Tantna in Doda district has been filed in a special court in Jammu, a NIA spokesperson said.

The charges will be lightened against the three other terrorists involved in the plot – Osama Bin Javed alias Osama, Haroon Abbas Wani and Zahid Hussain alias Zahid – who were killed during various meetings with the security forces between 2019-2020.

“Hussain, Malik and Giri provided logistical support and organized shelters for Hizbul Mujahideen terrorists involved in the multiple terrorist incidents”, news agency PTI quoted the NIA spokesperson.

The case was initially recorded by Jammu and Kashmir police in March 2019 at Kishtwar police station in connection with the tearing of a service weapon – an AK-47 – from the escort in charge of DC Kishtwar. The NIA re-registered the case almost eight months later, in November 2019.

The three defendants provided logistical support and organized shelter

According to NIA sources, this looted weapon was used by terrorists to kill RSS leader Chanderkant Sharma and his personal security guard inside a health center in April 2019. The NIA had filed a separate charge sheet in the case.

A year before Sharma’s assassination, terrorists killed BJP Secretary of State Anil Parihar and his older brother Ajit Parihar in Kishtwar.

The NIA investigation revealed that the accused Jaffer Hussain, Tanveer Ahmed Malik and Taraq Hussain Giri were Hizb-ul-Mujahideen (HM) terrorists in the Doda-Kishtwar belt and were involved in numerous terrorist acts in Kishtwar . They provided logistical support and organized shelters for terrorists in Hizbul.

Sources said the Hizbul module faces a huge shortage of weapons and decided to loot them to target key leaders in the region.

Read also: DSP Davinder Singh, accused of terrorism, dismissed from service with immediate effect

Also Watch: With Covid Cases Falling, India’s Active Workload Is Less Than 30 lakh

Click here for IndiaToday.in’s full coverage on the coronavirus pandemic.


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RSS vs BJP: Discord in the family – UP Front News https://funwithjustin.com/rss-vs-bjp-discord-in-the-family-up-front-news/ Sat, 22 May 2021 07:33:34 +0000 https://funwithjustin.com/rss-vs-bjp-discord-in-the-family-up-front-news/

At the end of his seventh year as the country’s prime minister, Narendra Modi never thought his relationship with the Rashtriya Swayamsevak Sangh (RSS) would be on such slippery ground. After all, Modi, now a Pracharak politician, has indulged at least two of the Sangh’s obsessions: Ram Mandir in Ayodhya and the abolition of Art. 370 and with it the special status of Jammu & Kashmir. Yet the second wave of Covid – where the country officially reported some 40,000 deaths in the first 10 days of May – caused a lot of friction between the Modi regime and the Sangh.

At present, Sangh’s affiliates are focused on relief work, but the near absence of government and political leaders on the ground is increasingly uncomfortable. Unlike last year, the prime minister has not addressed the nation about the situation, while his ministers appear to be active only on social media. “The second wave of India was catastrophic, claiming many more victims than in 2020. Everyone is worried, but now is not the time to criticize,” said a leader of the RSS. However, the unease is palpable, reflected in the words of sarsanghchalak Mohan Bhagwat: “Kya janata, kya shasan, kya prashasan, sabhi gaflat mein aa gaye (the people, the leaders, everyone was caught off guard)”. Known to carefully weigh his words, Bhagwat’s choice of the Urdu word “gaflat” (it can mean inattentive but also lax) raised eyebrows.

Many of the BJP members immediately began to advertise the Sangh goodie, but no one was fooled. Some have dissected the statement further: Why did Saranghchalak use an Urdu phrase, a language he rarely uses in his speeches? And the comment came at a one-day Akshaya Tritiya conference, in which Bhagwat also announced the Sangh’s great effort to enter the Covid management breach, through his new Covid Response Team (CRT). . The Sangh CRT plans to reach the base with 10 million families (see box: A parallel working group). Now figure another part of the puzzle: Bhagwat’s close confidant Ram Madhav – who was recently rehabilitated in the RSS national executive after being unceremoniously kicked out of the BJP national team – writes an article the same morning in a leading English daily newspaper highlighting the need for more transparency. , more commitment, more openness to constructive criticism and expert opinion from political leaders in the battle against Covid.

The Sangh has a tradition of being measured in his public statements. Every word is spoken after careful consideration, so Bhagwat and Madhav’s comments cannot be taken lightly. On condition of anonymity, several senior RSS leaders made very critical observations about how an honored tradition of collective leadership has been hijacked by “the extreme centralization of decision-making”, so much so that even top ministers are not. consulted on critical issues. This is when cabinet ministers argue that health is a matter of state and the Center cannot be held responsible for the current mess. “Oxygen was never a problem, but there were logistical and distribution issues,” a minister said.

With the situation spiraling out of control, Modi’s regime relies on six groups of empowered bureaucrats to deal with the Covid situation. “Today they are talking about a third wave (reference to the statement of Senior Scientific Advisor K. VijayRaghvan); why didn’t they predict the second wave in time? Sah sarkaryavaha Arun Kumar asks. “I haven’t read any articles, statements or articles from them, even at the end of March, when independent scientists started alerting the administration.” Another senior RSS leader pointed out the contradictions within the government: “The Ministry of Commerce headed by Piyush Goyal is trying to convince WTO member countries to obtain the TRIPS (Trade Related Intellectual Property Rights) waiver. ; Meanwhile, pharmaceutical ministry officials are submitting an affidavit to the Supreme Court saying the country will not agree to a compulsory license to make vaccines affordable. Why isn’t everyone on the same page? ” he asks.

This is not the first time that the RSS has complained of overdependence on bureaucrats and consultants. This also happened during the protests against agricultural laws. In fact, after RSS leaders intervened at the coordination committee meeting in Ahmedabad (in January this year), the government proposed to suspend the laws, first through the Supreme Court and more. late via an offer open to farmers. The RSS is also unhappy with the way the Modi regime is pushing for the large-scale privatization of public sector companies.

Despite all these serious reservations, the Sangh is unwilling to force the issue beyond a certain point. Arun Kumar says, “It is a disaster, and we must give the government time to put their house in order and rescue the affected families.” But time is also running out. In February next year, five states – Uttar Pradesh, Uttarakhand, Goa, Manipur and Punjab – will go to the polls. The BJP is in power in four of these states. Among them, UP is critical for both BJP and RSS. The party returned to power here after a 15-year hiatus; the state also sends the largest number of legislators to parliament. But more than that, Uttar Pradesh is the heart of the country’s cow belt and is crucial in the BJP’s campaign for the 2024 general election.

The Sangh understands that Modi – and his image as a “maker” – remains their best bet to develop and advance their cultural and sociological agenda. It is therefore important that the BJP and the RSS retrieve the image of PM Modi. The hope is that the vaccination program, controlling the spread of Covid in rural areas and improving communication with the population will turn the tide. The desperation that reigns in the rural Indian hinterland today is a great threat to the party. Social protection programs such as free health insurance, electricity, cooking gas and access to toilets have won them tremendous support among the poor, but the unleashed pandemic threatens that goodwill.

“So far (in the second wave) we haven’t been able to take people with us. We need to do more, show people that the government is working for them and for their better health, ”said a BJP parliamentarian. On May 14, when Modi finally spoke to farmers while disbursing the eighth installment of the PM Kisan program, he spoke about Covid and its spread in rural areas. On May 18, on the news, the country saw him speaking to district administrators.

RSS leaders believe the tide may have already turned, with the second wave of Covid peaking and the oxygen supply boosted. BJP leader JP Nadda holds virtual meetings with party leaders on the ground every day. The next electoral test will take place in February 2022, but the public memory of the management of this ongoing Covid crisis will certainly play a role in the result. The RSS knows only too well that its fortunes are inextricably linked with that of the BJP and its continued electoral journey – and hope the government gets its hands on the situation as soon as possible. He certainly threw all his power into the problem.

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Shashi Tharoor – The New Indian Express https://funwithjustin.com/shashi-tharoor-the-new-indian-express/ Fri, 21 May 2021 13:26:00 +0000 https://funwithjustin.com/shashi-tharoor-the-new-indian-express/

Through Express press service

KASARGOD: Kerala lawmakers condemned decision by Kasaragod-based Central University of Kerala suspend assistant professor of political science Gilbert Sebastian, who criticized the Centre’s vaccine policy and called the RSS-BJP a proto-fascist organization during its class.

Student organizations, with the exception of the plaintiff ABVP, have asked the university to revoke the suspension order.

Shashi Tharoor of Congress also echoed their demands. Debate him, don’t silence him, suggested Lok Sabha member from Thiruvananthapuram.

Writing on Twitter and Facebook, Tharoor said he was concerned about the dwindling space for dissent on campuses when reviewing the national education policy.

Rajmohan Unnithan, member of Kasaragod Lok Sabha and head of Congress, wrote to Human Resources Development Minister Ramesh Pokhriyal “Nishank” to request his intervention to revoke the suspension of Dr Sebastian.

“The teacher has all the qualifications and all the merits to teach. Proto-fascism is a technical term and he used it in his class to describe and elaborate on certain political situations. Such a witch hunt is a transgression of academic freedom from the university. profession, ”Unnithan said.

READ ALSO | Gram Panchayat in Kerala prescribes Covid test for parents to get their children admitted to school

CH Kunhambu, MPP MP in Udma, where the university is located, said the suspension of teachers for giving lectures would instill fear in the minds of young thinkers and teachers. In his letter to Vice-Chancellor Prof H Venkateshwarlu, he said: “The university should revoke the suspension and maintain academic freedom and create a fearless, healthy and uncensored education space.”

During his online course at Fascism and Nazism on April 19, Dr Sebastian of the Department of International Relations and Politics said: “The RSS and its affiliated organizations, together called Sangh Parivar, which means that the Sangh family (including the BJP) in India can also be considered proto-fascist. “

Proto-fascist movements are those influenced by classical fascist organizations.

In the class, he said that Spain under General Franco, Portugal under Salazar, Argentina under Juan Peron, Chile under Pinochet, the apartheid regime in South Africa and the ultra-nationalist and supremacist Hutu movement of the Rwanda in the early 1990s could be considered proto-fascist. , and asked whether India under Narendra Modi since 2014 was one.

In the same class, the assistant professor also criticized the government for exporting vaccines at a time when the country’s vaccine needs were not being met. “It shows their patriotism,” he said.

Akhil Bharatiya Vidyarthi Parishad (ABVP) – the student wing of the RSS – threatened mass protests if the VC did not act against the professor.

A Vinod Karuvarakundu, member of the National Education Monitoring Committee (CS, ST, People with Special Needs and Minority Education) of the Ministry of Human Resources Development, also lodged a complaint with the Vice-Chancellor. In his letter, he alleged that Dr Sebastian tried to “instill hatred and poison” in the minds of first semester master’s students against the democratically elected government led by Narendra Modi.

Vinod Karuvarakundu was the former chairman of the Kerala Unit of the ABVP.

Kerala Students’ Union State President of Congress, KM Abhijith, said it was likely the first time in the country that a teacher has been suspended for content shared in an online class.

The University’s Ambedkar Students Association (ASA) said the complaint filed by the ABVP was a distortion of the facts and also an attack on academic freedom. The suspension also amounted to infantilizing the students, he said. “Does the university think that aspiring political science graduates are infants who are unable to voice their opinions against their teacher if they find the argument illogical?” It said.

The CPM-affiliated Indian Federation of Students (SFI) said the suspension was evidence of the excessive influence of the ABVP and RSS on the administration. “The ABVP acts as a vigilance group in the classrooms,” he said.

The Muslim Student Federation (MSF), affiliated with the Muslim League of Indian Union (IUML), said any attempt to silence critical voices was fascism.

Instead of debating the issue and countering the charge, the teacher’s suspension leaves them (the exemption) vulnerable to characterization, said the political scientist, a Chinese scholar and human rights activist Professor Manoranjan Mohanty.

V Sivadasan, a member of Rajya Sabha and leader of the CPM, said that Dr Gilbert was suspended for critically evaluating the policy of the RSS-BJP in the classroom.

“The suspension is an act of cowardice aimed at restricting academic freedom and critical thinking, without which the idea of ​​a university is dead,” he said and added that the Modi government should also end imprisonment attempts by universities. “Ideas cannot be suspended,” he said.

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Thousands of students join climate rally in Melbourne https://funwithjustin.com/thousands-of-students-join-climate-rally-in-melbourne/ Fri, 21 May 2021 04:00:29 +0000 https://funwithjustin.com/thousands-of-students-join-climate-rally-in-melbourne/

“The Earth is getting hotter than my imaginary boyfriend,” read a sign written by students at Camberwell Girls Grammar School.

A student at the school, Charli Lincke, 16, took part in a Friday morning outing to deliver a letter to Mr Frydenberg’s neighboring office.

Camberwell Girls Grammar School grade 11 student Charli Lincke (holding a sign) and grade 12 student Holly Williams lead their classmates into town for Friday’s rally.

“We knew we had to make a big statement, especially with us being in Josh Frydenberg’s electorate, we had to let him know that we are really disappointed with his decision to fund gas,” she said.

“We need to take big action and make big waves for the government to listen to us.

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“Everyone is super excited. They understand that this is a really important fight.

Charli said his school supported the striking students.

“They understand the importance of building women who are fighting for their future,” she said.

The Melbourne event was one of 50 planned across the country, with large crowds gathering in Sydney’s CBD, and comes after large student protests in 2019.

Friends Jasmine and Malaya, in 10th grade at the Academy of Mary Immaculate in Fitzroy, said they have been attending climate change rallies since 8th grade.

“We just don’t want to grow up in a world where everything is dying,” Jasmine said.

Students from Camberwell Girls Grammar School hold up a handwritten sign during Friday's protest in Treasury Gardens.

Students from Camberwell Girls Grammar School hold up a handwritten sign during Friday’s protest in Treasury Gardens.Credit:Anna prytz

Victorian Trades Hall board chair Deb James told the crowd to stand up and fight back as the Liberal government threatened their future.

“The Morrison government should be very concerned that you are all old enough to vote soon,” she said.

The Australian Education Union, the Independent Education Union and the National Tertiary Education Union have issued a joint statement of solidarity with students.

“We support and admire their courage and dedication, and we share their deep concerns,” the statement said.

After listening to the speeches, the crowd marched from Treasury Gardens into the city.

After listening to the speeches, the crowd marched from Treasury Gardens into the city.Credit:Luis Enrique Ascui

“Australia’s lack of meaningful action on climate change is a missed opportunity and has become an international embarrassment. Worse yet, it is a reckless and irresponsible betrayal of future generations.

“Our three unions represent nearly 300,000 education workers across Australia who care deeply about the future of their students.”

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Market cycle on steroids leaves Wall Street guessing https://funwithjustin.com/market-cycle-on-steroids-leaves-wall-street-guessing/ Thu, 20 May 2021 21:30:00 +0000 https://funwithjustin.com/market-cycle-on-steroids-leaves-wall-street-guessing/

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So, whatever doubts the 14-month stock rally raises, in Buckland’s eyes the current fundamentals are too strong to ignore. In fact, his team found that since 1976, there have not been years where revenues have increased by more than 25 percent and the market is down.

“We would buy any short-term declines in markets and cyclical stocks in particular,” Buckland wrote in a note Thursday (US time). “It is too early to give up the trade in recovery.”

Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Company, says the business cycle – which is tied to market cycles – is also in its infancy.

“Business cycles in the past, they were a lot more erratic and a lot shorter than the last two or three we’ve had,” which means this one could be shorter, he said. “The question is, how fast does the cycle progress?”

Middle part

Morgan Stanley’s Mike Wilson says the market entered the middle part of the cycle faster than normal. And with that comes a change in leadership.

In recent weeks, the company’s chief U.S. equities strategist has started to move away from recommending early cycle beneficiaries and reopening beneficiaries – for example, he downgraded consumer discretionary. Instead, he recommends investors focus on reflation trading – including financials and materials – as well as reasonably priced growth stocks, which can be found in the healthcare industry and in the world. parts of communication services. The net effect is an uphill struggle between earnings and valuation, lukewarm returns over the next 12 months, and a likely 10-20 percent correction during that time if earnings stagnate.

Does the Wall Street bull market have more time to go?Credit:Bloomberg

“This recession and recovery are unique for a number of reasons, not least of which is its speed, down and up,” he wrote in a note captioned “ cycle brings more risk than reward. ” “The rapid recovery got us into a mid-cycle environment only a year later, and market insiders reflect that.”

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Meanwhile, Emily Roland, co-chief investment strategist at John Hancock Investment Management, says fundamentals and earnings growth start to matter more midway through the cycle phase, which she is starting to do. see now.

“We have to start thinking about the fact that the peak of stimulus and the peak of easing financial conditions are going to come into the rearview mirror as we move throughout the year here,” she said during the interview. ‘a telephone interview. “The fundamental support for this bull market is still in place here, but we think it’s going to come with a lot more jerks as we move into years two and three and into the middle part of this cycle.

Late stage

When StoneX’s Vincent Deluard considers how quickly the S&P 500 has recovered from the 2020 lows, he comes to one conclusion: The market is still in the same pre-pandemic cycle.

The massive increase in equity issuance at extraordinary valuations is “not something you would see fundamentally,” the global macroeconomic strategist said in a recent episode of Bloomberg’s “What Goes Up” podcast. At the same time, insiders cash in quickly. And, at the dawn of new bull markets, there is usually a lot of suspicion on the part of retail investors. It is certainly not happening at this time.

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Phil Toews, managing director of asset manager Toews Corp, agrees. He predicts that yields will continue to rise, which will be a challenge for equity markets. Additionally, valuations – which by some measures have passed the dot-com era – tend to be the best predictor of market movements, he said.

“I wouldn’t give him two years – I would give him maybe a year at most,” he said. “Looking at the economy and saying that the stock market will go up when we are at these valuations can also be incorrect and we can see a discrepancy between the price of financial assets and the economy.”

Bloomberg

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