Anyone that remembers high school algebra KNOWS you can’t add individual percentages and get a valid %-change. One must add up the multiple components for Last-month and This-month and then calculate %-change on the Total. Do you have the underlying numbers that the gummint used? The real GDP change might be even worse, or better! Investors need accurate numbers. God knows what other 'errors' are in their 'numbers'.
The FOMC Decision And U.S. Q4 GDP Data [View article]
You mentioned a report on GDP. I'd like to know if it has the detail numbers for each component of GDP.
Zero-hedge posted a nice chart that shows changes in GDP components: http://bit.ly/XKFDnm
Q4 2012 GDP change was -.17% They have Arithmetic errors that everyone accepts! Anyone that remembers high school algebra KNOWS you can’t add individual percentages and get a valid %-change. One must add up the multiple components for Last-month and This-month and then calculate %-change on the 2 Totals.
The real GDP change might be even worse, or better! God knows what other 'errors' are in their 'numbers'.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Colin, you're perpetuating the gummint's numeric falsehood GDP component change. Anyone that remembers high school algebra KNOWS you can’t add individual percentages and get a valid %-change. One must add up the multiple components for Last-month and This-month and then calculate %-change on the Total. Do you have the underlying numbers that the gummint used? The real GDP change might be very interesting! ps, I liked the rest of your article.
Have you considered Inverse ETF's, rather than traditional shorting? Your thoughts on ERY(short energy) & FAZ (short financials) w/b appreciated. Thanks!
Commodity Prices Continue To Be A Key Issue [View article]
Hmmm, Numerous other Pundits say that SLV and GLD are very dangerous because 'paper-assets' may be uncollectible. Are you saying that SLV & GLD are just as safe as actually holding the Physical asset? fyi I am aware of the complexities of holding Physical assets.
Testy Tuesday: Too Close To Dow 13,600 To Quit Now [View article]
Perfect! Perhaps the Pundits that publish their opinions will present your thought in a place that will produce widespread problems for the politicians, until they do what they promised!
Testy Tuesday: Too Close To Dow 13,600 To Quit Now [View article]
Tony, Ordinarily I would go to ZeroHedge to comment, but this hit a nerve; "Defaulting on our bonds can cause interest rates to rise sharply and, as we've seen - Greece didn't recover so well from doing so. We have no ECB to bail us out, we would simply default"
One definition of mandatory payments is: "distinctions between mandatory and discretionary programs is how their funds are appropriated. Many assume that appropriations for all mandatory expenditures are uniformly automatic, precisely because they are mandatory. In fact, 62% of all mandatory spending is presently on “autopilot" " Source: http://hvrd.me/W6PJi1 (middle of Pg.1) An interesting graphic is: http://1.usa.gov/W0ioYe
Testy Tuesday: Too Close To Dow 13,600 To Quit Now [View article]
Phil, You get lots of compliments for your analytical prowess. Why are you parroting the worst case scenario, only?
Security, Medicare, Medicaid, and interest payments are mandatory for the federal government to pay as is interest on the Debt. The Feds have 2/3rds of the income needed to balance the budget. All the arguing over sequestration and the fiscal cliff are politicians pandering to plump patrons of their pleasant perks. It's time for an honest assessment of Federal spending that should be reduced until the economy actually does 'improve'. I have lots of links with suggested spending reductions, from more credible sources than myself. I hope your other readers can help with this list!
Whipsaw Wednesday: Down And Up We Go [View article]
I'm wondering how many other talking points are based on non-thinking stupidity? Platinum is ~ $1,600 per ounce. A trillion dollar coin would need 625 MILLION ounces! Who's gonna carry that to the bank?
Thrilling Thursday: What Does The Russell At An All-Time High Tell Us? [View article]
Flood Insurance is Underwritten by the federal govt. Did they invest the premiums or spend them? see Social Security Trust Fund also John Stossel's beach house http://abcn.ws/UihU1l
Daily State Of The Markets: What's Wrong With This Picture? [View article]
Y'all need to look behind the curtain! The corporation, UNITED STATES OF AMERICA, has exempted itself from all GAAP rules of fiscal management. Proper accruals and timely reporting of the true condition of our country's finances would have woken people up many years ago.
I hope Y'all remember that the House, Senate, Obama and Boehner signed the 2011 Budget Deal that defines the Fiscal-Cliff. If Barry was true to his campaign promises, he could have vetoed the expiration of Bush tax cuts for the NON-wealthy.
Is it possible that these theatrical games prove that some politicians have woken up to how bad DC finances are? Is it possible that all the noise distracts us from the FACT that the Fiscal Cliff is really gonna happen?
I'd appreciate your thoughts on some short selling. Please remember that some of us remember the December contraction in forward forecasts.
Real Time Data Extremely Bullish, But Unlikely To Last [View article]
That's the only part of the Fiscal Cliff that happened!
Economy Remains Incredibly Fragile [View article]
Anyone that remembers high school algebra KNOWS you can’t add individual percentages and get a valid %-change. One must add up the multiple components for Last-month and This-month and then calculate %-change on the Total.
Do you have the underlying numbers that the gummint used?
The real GDP change might be even worse, or better! Investors need accurate numbers. God knows what other 'errors' are in their 'numbers'.
The FOMC Decision And U.S. Q4 GDP Data [View article]
Zero-hedge posted a nice chart that shows changes in GDP components: http://bit.ly/XKFDnm
Q4 2012 GDP change was -.17%
They have Arithmetic errors that everyone accepts!
Anyone that remembers high school algebra KNOWS you can’t add individual percentages and get a valid %-change. One must add up the multiple components for Last-month and This-month and then calculate %-change on the 2 Totals.
The real GDP change might be even worse, or better! God knows what other 'errors' are in their 'numbers'.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
One must add up the multiple components for Last-month and This-month and then calculate %-change on the Total.
Do you have the underlying numbers that the gummint used?
The real GDP change might be very interesting!
ps, I liked the rest of your article.
Emerging Markets Send Warning [View article]
Your thoughts on ERY(short energy) & FAZ (short financials) w/b appreciated.
Thanks!
Commodity Prices Continue To Be A Key Issue [View article]
Commodity Prices Continue To Be A Key Issue [View article]
Numerous other Pundits say that SLV and GLD are very dangerous because 'paper-assets' may be uncollectible.
Are you saying that SLV & GLD are just as safe as actually holding the Physical asset?
fyi I am aware of the complexities of holding Physical assets.
Thank you,
Open to Suggestions
Thursday Thrust: None From Boeing, That's For Sure! [View article]
Looks like a DC-10 from long ago.
Don't you know that readers can be easily confused?
Testy Tuesday: Too Close To Dow 13,600 To Quit Now [View article]
Testy Tuesday: Too Close To Dow 13,600 To Quit Now [View article]
Ordinarily I would go to ZeroHedge to comment, but this hit a nerve;
"Defaulting on our bonds can cause interest rates to rise sharply and, as we've seen - Greece didn't recover so well from doing so. We have no ECB to bail us out, we would simply default"
One definition of mandatory payments is: "distinctions between mandatory and discretionary programs is how their funds are appropriated. Many assume that appropriations for all mandatory expenditures are uniformly automatic, precisely because they are mandatory. In fact, 62% of all mandatory spending is presently on “autopilot" "
Source: http://hvrd.me/W6PJi1 (middle of Pg.1)
An interesting graphic is: http://1.usa.gov/W0ioYe
Testy Tuesday: Too Close To Dow 13,600 To Quit Now [View article]
You get lots of compliments for your analytical prowess.
Why are you parroting the worst case scenario, only?
Security, Medicare, Medicaid, and interest payments are mandatory for the federal government to pay as is interest on the Debt. The Feds have 2/3rds of the income needed to balance the budget.
All the arguing over sequestration and the fiscal cliff are politicians pandering to plump patrons of their pleasant perks.
It's time for an honest assessment of Federal spending that should be reduced until the economy actually does 'improve'.
I have lots of links with suggested spending reductions, from more credible sources than myself.
I hope your other readers can help with this list!
Whipsaw Wednesday: Down And Up We Go [View article]
Platinum is ~ $1,600 per ounce.
A trillion dollar coin would need 625 MILLION ounces!
Who's gonna carry that to the bank?
Thrilling Thursday: What Does The Russell At An All-Time High Tell Us? [View article]
Did they invest the premiums or spend them?
see Social Security Trust Fund
also John Stossel's beach house http://abcn.ws/UihU1l
Daily State Of The Markets: What's Wrong With This Picture? [View article]
The corporation, UNITED STATES OF AMERICA, has exempted itself from all GAAP rules of fiscal management. Proper accruals and timely reporting of the true condition of our country's finances would have woken people up many years ago.
I hope Y'all remember that the House, Senate, Obama and Boehner signed the 2011 Budget Deal that defines the Fiscal-Cliff.
If Barry was true to his campaign promises, he could have vetoed the expiration of Bush tax cuts for the NON-wealthy.
Is it possible that these theatrical games prove that some politicians have woken up to how bad DC finances are?
Is it possible that all the noise distracts us from the FACT that the Fiscal Cliff is really gonna happen?
I'd appreciate your thoughts on some short selling. Please remember that some of us remember the December contraction in forward forecasts.
Outperforming The S&P 500 Is Not Easy. Don't Be Fooled Otherwise [View article]