Ben obeyed me yesterday ... good job. The inflation-mongers and some trader beefers wanted him to start screeching about inflation, but he was ... patient. Now they'll let time work its medicine on the economy and the markets. Take a vacation to Nantucket, Ben. Go sailing. Tell the other governors to shut up awhile. But tell Geitner at the NY Fed to get that monetary base growing.
There are lots of numbers today: ISM mfg and unemployment claims.
I checked pizza prices here in SE Ohio. No inflation. One can get a fine 14 inch pie with four or more toppings for $10.95, same price for years.
C stock offering was oversubscribed. I think that's quite interesting, being so successful well off the lows. One thing C has done is create solid relationships with major international investment funds. I suspect they will use those in the future to get lots of major international finance deals and more corporate finance with companies in those areas. That's what they should do.
XOM raised its dividend 15% and reports earnings today. I'm sure the press will trumpet them. I hold CVX due to its deep water leases and finds in the Gulf of Mexico. They report tomorrow.
Doing nothing ... being patient and taking partial LT sugar (aka proftis) as my stocks move up in rotation. This is really money & tax management as when a stock moes up a lot, I own too much, so sell some early dated shares to book LT gains.
No word of the day while I travel.
About Me
- Bunkerman
- I have a pioneer mentality. My wife & I live in the woods - neighbors aren't visible except slightly in winter. Our "bunker" - hehe, really a fine home & barn - has plenty of security. We have four dogs: Krypto (age 9, Kelpie), Ava (age 13, Rat Terrier), Sky (Kelpie, age 5) and Lucky Star (age 1, kelpie). I don't take crap from anyone anymore, having enough resources & gear stocked up to survive in any circumstance. I have three degrees from Harvard including a Ph. D. in a physical science, and an MS in Management from MIT. I worked as an investment banker for about 25 years, mainly in secured finance, at three major Wall Street firms and for the last 17 years with my partners at our own firm. I'm semi-retired now, managing some private corporations and business interests and doing my own trading & investing. This is not to boast, but to give you an idea I know a little about some subjects from experience. The photo is my 1943 M16 half-track which I am restoring. These armored vehicles were ubiquitous in the US Army in World War II and Korea. It's driveable.
45 comments:
year over yer core PCE inflation was 2.1% ... very good.
Year over year nominal was 3.2%, still OK.
Inflation seems to be withering away.
NEW YORK (AP) -- A pile of dinosaur dung 130 million years old sold at a New York auction Wednesday for nearly $1,000.
is that stagflation?
;-)
Inflation seems to be withering away.
really? where? at the BLS? surely not in 95% of the countrys pocket.
'withering away'
huh???
lmaoooooooooooooooooooooooooooooooo
I think it's zero in SE Ohio. Not very high in cold, rural MA either.
trivia: where did I borrow facetiously that 'withering away' phrase ?
14inch pie for 10.95
does it taste like plywood?
large pie around here starts at 15bux
'withering away' borrowed from bolsheviks......they seized power during the october revolution
appropiate use of that on may day
'workers of the world unite'
i am with them in their struggle against the oppressors
i have read a few books on lenin and the bolshevik revolution .......quite interesting
russia was ruled by czars for centuries and the 'rich and powerful'
a perfect storm developed in 1917
some decent flics that feature the revolution
dr zhivago
nicholas and alexandria
Report: Wife of pro golfer John Daly also linked romantically to pitcher.
man roger makes vick look decent.
lol
Correct, Bud - from Marx actually as the 'state' under Communism was supposed to wither away as it would be unnecessary under perpetual felicity of the worker state.
Too bad the Russian people & other captive nations (Baltics, etc) got gangster/mass murderers Lenin and Stalin.
That 10.95 pizza is super-good !
paid 5.95 for a slice of silician a couple weeks back.
it was pretty gud but for that much i was expecting a reach around.
I'm off to drive to the big city to airport. Good luck.
Third, as the NY Post's John Crudele explains, the much ballyhooed "growth" was the product of three key inputs, none of which is a sign of consumer recovery (and one of which is absurd):
Government spending (deficits),
Inventory growth (companies buying stuff to put on shelves), and, most important,
A 2.6% inflation assumption
Get that? To calculate that the economy grew 0.6%, the government had to assume that inflation was only 2.6%. Anyone out there who buys gas or food occasionally think that inflation is only 2.6%? Didn't think so.
AND THE RICH MAN IN HIS SUMMER HOME
SINGING JUST LEAVE WELL ENOUGH ALONE
BUT HIS PANTS ARE DOWN AND HIS COVER BLOWN
AND THE POLITICIAN THROWIN STONES SO THE KIDS THEY DANCE AND SHAKE THIER BONES
BECUASE ITS ALL TOO CLEAR WE ARE ON OUR OWN
SINGING ASHES TO ASHES WE ALL FALL DOWN!
wrong way beefers indeed
im not swinging at that pitch in the dirt sir....
loooooool
'well played sir'
where's frosty??
oh wait.......i think he had a bikini wax scheduled last nite
it must be hurtin
what a pussy
i dont think there is a person in here that cud deal with a bikkini wax.
ive seen the worden get it done, and it was pretty much like the scene in 40 yr old virgin. but instead of her chest, it was her coutter.
PURE PAIN!
almost as dangerous as when i shave my balls. a gud tip there is to ice em up, so they get solid. and then be very careful. cutting your balls, sux!
'Bean and Hank' gettin blasted today
the rant is in turbo mode
bud dont the strippers prefer it when your taint is shaved?
hard for me to get a tea bag without that.
"hank and ben"..."ben and hank"
lmaoooooooooooo
a real piece of work that guy is...
shave your ball sack...who all sees those things, such that you need to groom them...I know Bud plays plenty of golf with his manhood exposed, since he drives like most people putt...but dude, seriously, you don't even play golf.
Spinny, Mr. Master Chief, may you please post your 4 mile time....thank you...
typo..."manhood" should read snatch.
46:35..pfftttt...2 monster hills turned me to mush.looool.....an old dog past me..LMAOOOOOO......tryin again sunday on the flats(yeah thats it.pffttt)
frosty sure likes to talk about ......'sacks'
wide stance indeed
not bad sir....the seals are still within reach....
46:35......that's pathetic
i'm 43 and i can do 4 miles in sub 40.....in 80degree heat no less
navy seals?....nope......more like baby seals
whateva asshole...LMAOOOOOOOOOOOOOO
I feel better
I hit the hill and that was it
wait..its the internet...39.58
Bud I'm sure that brings a smile to the face of your personal trainer....well done sir....
37 here, pretty sure i cud do 5 miles in this heat, in 35 minutes. on grass, on pavement i get shin splints, fast.
ohhhhhhhhhhhhhh frosty!
ill be thinking of u tonite when cindy has my balls, taint and ass in her mouth.
u probably have dingleberries old enuff to collect social security.
note to old guys. chicks dig dudes that groom themselves!
i know i sure dont touch the beave unless its as tight as a small lightening bolt, but i prefer brazalian.
frosty, u ever even give a rim job?
to a women?
;-)
mern i think you're in the wrong blog
lmaooooooooooooooooooo
37 here, pretty sure i cud do 5 miles in this heat, in 35 minutes
wow mern
(lets stop the talk and get some real numbers)..I do believe mern for some strange reason..(shoot up a horse it runs faster)..not Sally..shes all hat no cattle...lol
'personal trainer'
looooooooooooooool
frosty has a personal trainer .......you guys may have heard of him
richard simmons
i'll be shocked if mern can do 5 in 35 now.......he drinks and smokes alot......i'm sure he can when he goes on the wagon
ya but i still run everyday bud.
and i play 90 minute matches in sept- march.
the fastest i did 5 miles was 28.42 seconds in HS.
shin splints aside, i cud do it in 35. i just need to run on grass not pavement.
Dear Mark
JPM has a once in a life time offer for you, today and only today. you are hereby offered a position with JPM. this current new opportunity window will shut in 24 hours. this offer has 2 significant changes to your BSC contract. 1 u will given a lot more work to do, and will be micromanaged. 2. we are going to pay u less.
hmmmmmmm more work, less pay?
thats an offer?
where do i sign?
SHIT!
I can still throw a football fffiiiittteeeeeeee yards...fuzzy sack and all.
BS!
donny can barely heave it that far.
;-)
hasselback and grossman cudnt throw it that far from the top of a mountain with the wind at thier backs.
Pedro Sanchez for president indeed...back to the minors again Mern...care to wax my sack.
LOOOOOOOOL...geezuz....some whacky posts
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