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OptionManiac

OptionManiac
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  • Jul. Personal Income and Outlays Income: +0.2% in-line with expected, vs. 0% prior. Personal spending +0.4% in-line with expected, 0% prior. PCE core price index +0.1% in-line with expected, 0% prior.  [View news story]
    Heck, when isn't there a clearance sale anymore?
    Aug 30, 2010. 10:11 AM | Likes Like |Link to Comment
  • The USDA expects unusually tame food-price inflation this year, despite broad gains in agricultural commodity prices, and sees food-CPI gains of 0.5%-1.5% this year vs. last month's forecast of 1.5%-2.5%. Just to put that in perspective, every percentage point change is equal to around $12B in annual spending.   [View news story]
    It's called marketing.
    Aug 27, 2010. 06:30 AM | Likes Like |Link to Comment
  • The USDA expects unusually tame food-price inflation this year, despite broad gains in agricultural commodity prices, and sees food-CPI gains of 0.5%-1.5% this year vs. last month's forecast of 1.5%-2.5%. Just to put that in perspective, every percentage point change is equal to around $12B in annual spending.   [View news story]
    It all depends on where you live. When you live in an area where there is lots of competition among grocery stores, prices are kept down. Granted, I eat just basic foods and I don't eat crap, but I have not seen any increase in prices. We are at the tail end of summer, so vegetable and fruit prices are somewhat deflated. I have not seen any increase in chicken, beef or fish, but you can get these items on sale any week from one store or another.
    Aug 26, 2010. 09:21 AM | Likes Like |Link to Comment
  • As card holders continue to pay off balances, the amount of credit card debt dipped to its lowest level in eight years in Q2, falling to $4,951 from $5,719 a year ago.  [View news story]
    Thanks for the link. Just part of the necessary deleverging of America. Everyone has to lose a little. (Hopefully not a lot)
    Aug 25, 2010. 08:59 AM | Likes Like |Link to Comment
  • U.S. manufacturing employment has been declining longer than you think - for more than 50 years, predating the end of Bretton Woods, deregulation, Japanese dominance and China's surge. Yet output has grown steadily; the story is technology, Ryan Avent says, and not China's export subsidies.  [View news story]
    Yes, birth control and spaceships did come to my mind first, but figured those ideas wouldn't get me the Nobel.
    Aug 24, 2010. 12:04 PM | Likes Like |Link to Comment
  • Talk of mortgage reform has started percolating in Washington, but data for sales on existing and new homes later this week are likely to reinforce the notion that the market is still far too weak for radical surgery and that the era of building wealth through one's home is over.  [View news story]
    I don't get this building wealth. So your house is now worth double what you paid for it. Sell it and live in an igloo? Or buy a run down shack in the middle of no-where. As said above, a house is a home.
    Aug 23, 2010. 11:27 AM | Likes Like |Link to Comment
  • The recent rally in Treasurys really does look like the dot-com bubble, according to this chart.  [View news story]
    You can't compare an investment vehicle with companies that had no bricks or mortar. Very pointless.
    Aug 18, 2010. 07:18 PM | Likes Like |Link to Comment
  • Get out of Treasurys while there's still time, Marc Faber warns, as he's counting on inflation to eventually ramp up. "Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures," he tells CNBC. Faber cites a weakening dollar as a second reason to decrease holdings in U.S. debt.  [View news story]
    Hasn't anyone looked at what the prices for fertilizer companies were a few years ago? We've already spiked.
    Aug 18, 2010. 07:12 AM | Likes Like |Link to Comment
  • Get out of Treasurys while there's still time, Marc Faber warns, as he's counting on inflation to eventually ramp up. "Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures," he tells CNBC. Faber cites a weakening dollar as a second reason to decrease holdings in U.S. debt.  [View news story]
    Unfortunately, if we all ate right and drank just water with lunch or dinner, the economy would really go into a tailspin. The multi-billion dollar junkfood industry has also spawned the multi-billion dollar diet industry.
    Aug 18, 2010. 07:10 AM | Likes Like |Link to Comment
  • Get out of Treasurys while there's still time, Marc Faber warns, as he's counting on inflation to eventually ramp up. "Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures," he tells CNBC. Faber cites a weakening dollar as a second reason to decrease holdings in U.S. debt.  [View news story]
    I'm paying $1.80 per gallon of Hi Fructose Corn Syrup, last year $2.30. Apple juice spiked at $1.90 a gallon two years ago, back down to $1.00 per gallon. As for my home buying, my produce hasn't gone up much at all - chicken breasts - deboned and skinless - still $2/lb. Steelhead trout - $5.99 a pound or less on sale. Just wait for strip steak to go on sale - $5.99 per pound. Salad (when I don't pick my own) has been stuck at 2.50 a bag on sale forever. I just don't eat junk, maybe that's the answer.
    Aug 17, 2010. 06:01 PM | Likes Like |Link to Comment
  • Get out of Treasurys while there's still time, Marc Faber warns, as he's counting on inflation to eventually ramp up. "Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures," he tells CNBC. Faber cites a weakening dollar as a second reason to decrease holdings in U.S. debt.  [View news story]
    Food prices already spiked a few years ago. The've come down quite a bit since then.
    Aug 17, 2010. 02:56 PM | Likes Like |Link to Comment
  • Barron's picks: A screen for cheap dividend payers (dividend yield over 3%, rising dividends over past 1 and 5 years, payout ratio below 50%, forward P/E below the S&P's average of 12x) turns up 13 large caps. The top 7 ranked by dividend yield are ETR (4.2%), COP (4.0%), NEE (3.8%), CVX (3.7%), JNJ (3.7%), CMS (3.5%) and ABT (3.5%).  [View news story]
    Thanks much.
    Aug 16, 2010. 07:21 AM | Likes Like |Link to Comment
  • The End of Japan's 20-Year Bear Market? [View article]
    Totally agree. My dad was a principal at a highschool back in the day he could paddle kids. He came to the conclusion that the same kids came back over and over to get paddled, and they all came from households with very bad parenting. My dad is very conservative, yet saw no worth in paddling unless there was discipline for the kid at home (didn't deter him from using the belt at home).
    Aug 12, 2010. 08:06 PM | Likes Like |Link to Comment
  • The End of Japan's 20-Year Bear Market? [View article]
    Totally agree - except it's not American education - it is American parents.
    Aug 12, 2010. 08:02 PM | Likes Like |Link to Comment
  • Now individual investors just can't be trusted. The latest AAII sentiment survey has them changing their minds yet again, going 39.8% bullish and 30.1% bearish - the fifth such reversal in five weeks. (previously)  [View news story]
    Don't know if that is due to market sentiment or having to break into the piggy-bank.
    Aug 12, 2010. 02:10 PM | Likes Like |Link to Comment
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