November 4, 2020

Who is going to win the Presidential election?

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Donald T. Trump in his victory speech early November 4 in a close race with Biden claims that now is the time to “Make America Great Again” and do whatever it takes to combat COVID-19, get the economy back and American’s working again. With the Republicans winning the House and already with the Senate majority, Trump should have no problems getting his agenda issues passed. Now the question becomes, what is next for the Democrats and what is next for the American people. And the rest of the world wants to know as well so they can once again allow American’s into their country.

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Joe Biden in his victory speech early November 4 in a close race with Trump claims now is the time to get America back on track and for all American’s to come together once and for all. With the Democrats losing the Senate and already the House majority, Biden will have difficulties getting his agenda issues passed. First up will be tax increases to corporations from 22% to 27% and most likely tax increases to individuals based on income levels. However whatever fiscal measures Biden wants to put in place will be very difficult based on the more than $4T in stimulus spending already this year.

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Now that the election is over and the results are in, what really changed? We have more questions than answers. What is life going to be like in 2021 and afterwards?

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I just finished reading The Splendid and the Vile: A Saga of Churchill, Family, and Defiance During the Blitz by Erik Larsen. It details the life of Winston Churchill from 1940-1941 for one year. It was a very good read especially during these times. You learn how France was defeated, how Italy took sides with Germany and declared war with England and the U.S., and how the U.S. finally got involved. One thing for certain, Churchill was a key figure in the Allied victory. But even in victory, the number of years that England had to endure daily bomb strikes and the total devastation were terrible. Every night was black-out night, no lights allowed. We have no idea how lucky we are to be living in a free country even with COVID-19. I don’t know about you, I much prefer to wear a mask, social distance and give up some of life’s perks than worry about being bombed every night.

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Polls are so interesting. In all my years, Gallup has never contacted me. And if they did, I am not sure if I would tell them the truth or give them an answer based on popular opinion. That is why Biden’s double digit lead doesn’t mean anything. One thing is for certain: Go back four years ago and at this time, all everyone talked about was the election. Today all anyone talks about is COVID-19 and how it is affecting their lives. We are all looking forward to the day that we can get together with friends and/or family and talk about normal things like “Did you try out that new restaurant?”

Happy Tuesday!

Out Of My Mind On A Thursday Mornin’

Out Of My Mind On A Thursday Mornin’

Which Democrat will challenge Trump in November?

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I have been a member at the Sports Club (local fitness club) for more than 25 years. Last year Equinox opened in Bloomfield and it was an immediate hit with their focus on clean, bright and best-in-class instructors and equipment. But their yoga program was weak and I stayed at SC because I loved their yoga. Two months ago SC cancelled one of their yoga classes which only left Monday morning yoga. And then Equinox added more yoga classes this year. Today was my last day at SC and my reason for blogging about this is how change comes in life at interesting times. SC continues to lose members because they are still fixated on how they did business in the 1980’s. Equinox is successful because they learned to reinvent themselves and offer a superior product. Yes, it was sad to say good-bye to my workout buddies, but life goes on.

Actually the above story is a great metaphor for what is going on in the world today in most industries. If you own Tesla stock, you know the stock has more than doubled this year and is approaching $1000. It is already the second most valuable auto company (worth more than GM, Ford, Fiat Chrysler combined) and when it hits $1250 it will be worth more than Toyota. Mind you, the industry sells more than 17 million vehicles a year and Tesla doesn’t even have 2% of that number. It’s all about change and the future of customer purchasing habits.

Next story. Who didn’t love to go into Pier 1 stores and smell the candles, plop on the pillows and look at the knick-knacks? Victoria Secret was a private label brand for Wexler’s Limited stores until he made it an overnight sensation. How about Forever 21, the success story of a South Korean family that made a fast-fashion business into a worldwide empire? Sadly, Pier 1 filed bankruptcy, Victoria Secret sold to private equity at a fraction of its previous value and mall operators took over Forever 21 at pennies on the dollar. Again, change is constant and in 2020, companies have to change faster than ever to stay relevant.

Trump for four more years? Mike is toast and he proved last night that even if you are a billionaire, if you can’t speak in public, you are never going to be President. Bernie Sanders? What a joke. In the best times in the USA’s history with the lowest unemployment rate, lowest interest rate, highest stock market, Sanders wants us to reverse course and move to socialism. Trump for four more years because Democrats are like Pier 1 and Victoria Secret. And if Trump does win, what does that say about our current state of politics?

Are you watching the new season of Curb Your Enthusiasm? It really is the only funny show on TV. Larry David is his best yet. So great to be unfiltered and say and do anything you want. I’m also enjoying The Outsiders and McMillion$, although the latter could have been made much shorter.

Got to talk a little beauty, right? Not much going on. Coty’s professional brands and Revlon still looking for a buyer. Sally & BSG can’t find any growth and their stock gets slammed 30%. Beauty trends continue on course with Sephora and Ulta the ultimate winners. But hey, I’m having fun with our brands and still launching new and innovative products. Loving the new Hand Serum from EMMA Beauty and Premium Hair Color & Stain Remover from ForPro (and comes in gallon size too!)

EMMA Beauty Intensive Rejuvenating Hand Serum, Moisturizing Night Renewal Hand Relief Serum for Instantly Luminous Skin, 1 Ounce Glass Bottle with Dropper

ForPro Advanced Hair Color and Stain Remover 11.8 Ounces

As you know, TNG Worldwide is celebrating 35 years in business in 2020. Tomorrow we will celebrate with our talent who have been with the company 20 or more years. One such individual is very close to his 30 year mark, very amazing. Almost 20% of the talent have been with TNG at least 20 years. Fun times ahead!

I’m a diehard MSU Spartan but sorry folks, I had to buy new shirts and caps, MSU Academics. Athletics has become such a sore spot, it actually hurts. We are the first team to be ranked #1 pre-season in basketball and not even be ranked in the top 25. And Dantonio? Who knows what is going to become of the Blackwell case. Don’t get me started about Tucker either.

Last but not least, I have to mention the Coronavirus. I mean, can you imagine that 750 million Chinese citizens are quarantined? Can you imagine that Chinese New Year was to end February 3 is still going on for most citizens because they cannot go back to work? Each and every factory has to receive a certification from the government to reopen. Everyone is asking after SARS, how could this happen again? Yes this too will pass (experts say this happened because of raw meat and dead animals being sold on the streets in Wuhan and the bugs infected people). The bigger question medical experts are claiming is that viruses like these will be more common as our current antibiotics become less and less effective. You know what I say to all this? Saturday is National Margarita Day. Life is short, enjoy margaritas!

Happy Thursday!

Larry