Seeking Alpha

Gene Jaquet

Gene Jaquet
Send Message
View as an RSS Feed
View Gene Jaquet's Comments BY TICKER:
Latest  |  Highest rated
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    @blueokie - thanks for the link. I'm surprised the FDA doesn't put health warnings on batteries..
    Jul 2, 2015. 11:33 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    And before eveyone starts giving me BS about how politically accurate he is, or how he dares say things others don't, I didn't say his ideas were all whacky, I just think the man's a clown.
    Jul 2, 2015. 11:28 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    "Unfortunately all of them are Republicans." Fell off my chair!
    Frankly, I hope he goes all the way to the Convention. I had so much fun 15 years ago watching W screw up pretty much every phrase he uttered, I'm looking forward to more trumplocution.
    Jul 2, 2015. 11:25 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    Aren't you confusing Lithium and Librium, a drug made by Roche?
    Although I suppose Lithium would re-charge your batteries, if you're down.
    Jul 2, 2015. 11:11 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: All Eyes On Jobs [View article]
    @Chudzikb - you are in good company. The BIS (bank of international settlements, aka the central banker's bank) also recently warned about negative and ultra-low rates. Essentially, they say this distorts market signals and interferes with the efficient allocation of capital - in other words it discourages investment in productive assets and encourages bubbles in financial asset markets. Although why it should discourage business investment, I'm not sure, and I can't see higher rates encouraging business investment either.

    It marks one of those rare occasions when the BIS and the IMF are on opposite sides of a policy argument. Interesting.

    No one is saying that monetary easing wasn't needed in the immediate aftermath of the financial crisis, but the disagreement is about how long and when to turn off the tap. If these 2 can't agree, I'm thinking of pulling some money off the table.
    Jul 2, 2015. 11:07 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Greece On Verge Of Default [View article]
    A "politically accurate statement"? Didn't know there was such a thing..
    Jun 30, 2015. 01:20 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    @Roxi - The creation of the Euro must be seen within the context of history. When the Berlin wall fell, Germany needed the "blessing" of its allies to reunite East and West into one country, or at least needed their support if the East was to be integrated smoothly into the European Union.

    The French were already anxious about the growing strength of the West German "mighty Deutsch Mark" and if more economic weight was to be added to the currency (by integrating East Germany) they got downright nervous. So as a quid pro quo for accepting reunification, they obtained German approval to move towards a single currency.

    I believe that is the nub of it. Clearly, the Euro was a political project, and at the time a fair number of economists pointed out the risks. Politics trumped economics and the rest is history, as they say..
    Jun 29, 2015. 11:29 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    Two blues make an echo chamber !
    Jun 29, 2015. 11:20 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    The Economist summed it up pretty well "locked in the deathly embrace of a shared surrency."
    Jun 29, 2015. 11:18 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    Deja vu, whatever you may think, your post was crude and offensive, and as to being funny it didn't even come close. I've been reading WSB comments for over 5 years now and can't remember anyone posting this kind of tasteless kindergarten blather before.

    As for your suggestion that Crademan "go elswhere" I hope she doesn't. She brings much needed balance and to this board, along with a ton of factual information where others are just spouting opinions.

    The apology was given, and it would have been honorable of you to accept it. Your riposte just confirms a kindergarden mentality.
    Jun 29, 2015. 11:16 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Creditors Give Tsipras Ultimatum [View article]
    That's not completely correct, John. The new proposals include increased efforts to go after wealthy Greek tax cheats. It's just that the IMF won't give much weight to such measures, because they usually fall short, perhaps for the reasons you give.

    And a big thanks to all who those who replied to my Greek post, for sparing me the russian-naval-base comments.
    Jun 25, 2015. 11:02 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greek Creditors Give Tsipras Ultimatum [View article]
    "as smooth as a stucco bath tub"
    Jun 25, 2015. 10:46 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greek Creditors Give Tsipras Ultimatum [View article]
    Perhaps because, on the same day, he was on CNBC saying that the whole market was "overheating", and he meant it.

    Although Icahn rarely says anything unless it furthers his personal objectives (i.e. getting richer by swaying stock prices), he may be right about this one. Art Cashin said he thought the 150 drop in the Dow was due to Greece (75) Icahn (50) and something else (25) that I can't remember.

    Icahn may not want to stick around with Netflix long enough to see whether or not the stock split will boost the price...
    Jun 25, 2015. 10:44 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greek Creditors Give Tsipras Ultimatum [View article]
    "What if the air bag deployed, killed the renter, caused a major accident killing several others. Who would be at fault and who's insurance would pay?"

    ...and who would get to sue Takata ?
    Jun 25, 2015. 10:33 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Creditors Give Tsipras Ultimatum [View article]
    You mean like those liberal progressive/socialists in pseudo-Norway?
    Jun 25, 2015. 10:31 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
735 Comments
2,342 Likes