I was watching the early show on Bubblevision this AM around 5:30 as I read the news and ran the model.
One pundit said deflation was coming. Another said inflation was coming. None gave any reasoned analysis, perhaps because the show's producers don't give them any time to do that. Oh well ...
Markets are getting smashed from turmoil in the Italian bond markets. Sigh ...
Doing nothing - the model is in balance.
Italy should offer bonds to retail investors in the US, payable in tourism :) I'd be a buyer for another trip to Rome and another for a trip to Florence.
Word of the Day
"Yare" - adjective [$100] pronounced either 'yare' to rhyme with 'dare', or 'yar' to rhymne with 'par'.
Yare means 1. quick, agile, lovely; 2. (of a ship) quick to the helm, easily hamdled or maneuvered; 3. (archaic) a. ready, prepared; b. nimble, quick.
Sentence: A yare investor outperforms a sluggard: rebalancing matters and must be checked whenever an asset class moves a lot.
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.
13 comments:
Bman do you think Italy will still be in the EU in 2 years ?? will Italy still use the Euro in 2 years..........or back to the lira?
Greece...Italy....who is next?....Bunk...Is TBT gunna be the buy of the century(lol) when the world finds out it's only helo Ben behind the curtain and they come after us??...
btw Santelli sayin Italian bonds could be 10% in a week....
This public lynching of Joe Paterno is a mf disgrace....I know...the kids..the kids...but nobody knows what happened....they dont go after that perve so they go after Paterno...pffttt
they wont have the balls to fire him before the last home game Saturday.....if they do...I hope they burn the mf place down...."the board" cowards.....they ALL knew.
Bud, the EU is more about preventing wars than about economics.
yes, Italy will be in it.
gotta look up what TBT is ...
l;ol, yes, TBT would be a screaming buy IF it is a true short fund and not a phony 'daily return' derivative scam.
what's wrong with Paterno? He's a great coach - a legend.
I saw over the weekend that the real return on 30 year TIPs was down to 0.7% ... incredible bubble there.
uhhhh Bman
isn't TBT a derivative product?????..............i thought u were against all double inverse derivative products.............Bman exposed again
sheesh, Bud, can you not read? "TBT would be a screaming buy IF it is a true short fund and not a phony 'daily return' derivative scam."
Note the "IF" in caps.
sheesh ...
Cant believe you swung at that pitch Bunk...lol
Post a Comment