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Chesapeake Grant Wash Trust is just that - a "Trust". 100% of the actual earnings assigned to the trust by the trust agreement are divided among the trust owners. The earnings are totally independent of the current price of trust shares. While there certainly are risks to a trust, there is no reason to worry about a high return rate indicating increased risk in the future because the payout ratio is always 1.0 and the coverage ratio is always 1.0.
"How did the United States dig oruselves into this hole?"
China played on our weak-minded skip-out-on-work generations. In exchange for the guts of American Ingenuity and Prosperity, they gave Inheritors some fake money and false sense of enterprise. They gave us- massive unemployment and a reliance on them for several necessities and our entire boutique lifestyle. As the pendulum swings it turns to provocative politics and cold war. We'll lose a third of our population because of psychopathy and another third will entrench, shift to craft, utility and industry and a third will grasp that paper and button pushing on salary is worse than Minimum Wage. Sadly it will all shake down very quickly. The markets are false. You needed to be in common element inventory, not bastions. The plastic rich will die broken because they chose to play bourgeois bigot instead of helping America through this shift period.
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[BRIEFING.COM] S&P futures vs fair value: +3.20. Nasdaq futures vs fair value: +5.20. U.S. equity futures trade near their pre-market highs amid upbeat action overseas. The S&P 500 futures hover three points above fair value, which puts the benchmark index on track to challenge its all-time closing high of 1987.98 and the intraday high of 1991.39. Participants have received several quarterly reports since yesterday's close with results coming in somewhat mixed.
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