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Grant Dossetto

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  • Gigafactory talk gets dreamy [View news story]
    Is anyone else tired of Musk's government funded pipe dreams?
    May 15 08:13 AM | 14 Likes Like |Link to Comment
  • Restaurant industry on watch with labor getting unruly [View news story]
    Yeah, I know, it is so galling that every working American won't gift me a single dollar so I can be worth over a hundred million dollars. Think of how little they need to sacrifice to give me the life of Reilly. Utterly selfish that we would like to pay people a low wage for a job that high schoolers can do without any skill. Clearly the only career aspirations for someone is to be a cashier at McDonalds.
    Aug 29 11:01 AM | 14 Likes Like |Link to Comment
  • FOMC: Rate hikes coming sooner and faster [View news story]
    Faster rate hikes? We must have read a different statement.
    Mar 19 02:20 PM | 12 Likes Like |Link to Comment
  • Gigafactory talk gets dreamy [View news story]
    Yes, SpaceX and Tesla both require significant government support to work.
    May 15 09:09 AM | 6 Likes Like |Link to Comment
  • Winners and losers in Consumer Reports' auto survey [View news story]
    Maybe it's just me since I don't even own an iPod or a smart phone but I can't imagine not buying a car solely because of a car's entertainment system. Talk about first-world complaints.
    Feb 25 02:19 PM | 6 Likes Like |Link to Comment
  • Retail Sales edged up 0.1% [View news story]
    The economy is not growing. There will be no 5% GDP print this quarter. It is beyond time to acknowledge that Q1 was not weather related.
    May 13 08:33 AM | 5 Likes Like |Link to Comment
  • Black eye: BofA suspends buyback, dividend hike [View news story]
    Nothing ever changes.
    Apr 28 08:53 AM | 5 Likes Like |Link to Comment
  • Kass: Housing has blown up [View news story]
    Housing will truly blow up when all of the P/E firms start trying to sell their single family properties. Won't be too much longer.
    Aug 26 09:10 AM | 5 Likes Like |Link to Comment
  • Retail sales miss, but April revised higher [View news story]
    How about ex auto, ex gas?
    Jun 12 08:44 AM | 4 Likes Like |Link to Comment
  • Philly Fed Business Outlook [View news story]
    The Philly Fed has turned into a volatility index. Wild swings happen every month. It is a shame that a once important data point has become worthless. I now look to the Dallas Fed number to judge economic health.
    Apr 17 10:03 AM | 4 Likes Like |Link to Comment
  • Goldman warns the upcoming commodity crunch will be a throwback to the bull market of 2008, and will necessitate a coordinated global response not unlike that of the credit crisis.  [View news story]
    Looks like GS is trying to unwind its commodities positions again. Their also predicting S&P 1060 with earnings next year in the mid-70's. Time to jump out of this market.
    Aug 6 10:02 AM | 4 Likes Like |Link to Comment
  • Goldman beats despite trading slowdown [View news story]
    A beat of dramatically lowered estimates doesn't change the fact that Goldman had a very bad quarter.
    Apr 17 08:13 AM | 3 Likes Like |Link to Comment
  • Gold equities lure investors after April bullion rout [View news story]
    I like the metal more than I like the miners.
    Sep 14 09:20 AM | 3 Likes Like |Link to Comment
  • Verizon/Vodafone $130B deal announced, Moody's cuts Verizon's rating [View news story]
    In a sane world, Verizon would lose it's investment grade debt rating for this deal. It isn't like they don't already have a fair bit of debt, $60B in bridge financing is crazy.

    Some people like the skyscraper index. This deal might be a much better example of ringing the bell at the top. I hope VOD shareholders take their payment in cash. I wouldn't want to be an shareholder or a junior debtholder of VZ for a while.
    Sep 2 02:49 PM | 3 Likes Like |Link to Comment
  • ICSC Retail Store Sales: -0.4% W/W, vs. +0.1% last week. +1.8% Y/Y, vs. +2.8% last week. The lowest Y/Y rate since May was due to weather which curbed demand for buy-and-wear fall apparel but report sees the full-month pace coming in at +3% Y/Y.  [View news story]
    How does the full month rate come in at +3% Y/Y when the Y/Y rate for the last several weeks has been substantially below that?
    Sep 8 08:11 AM | 3 Likes Like |Link to Comment