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OptionManiac

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  • Yes, two of the Fed's most-watched data points show rising inflation but not the third: labor costs. The Fed believes price pressures without wage pressures are not sustainable, Societe Generale's Aneta Markowska writes, so it will not raise rates until it sees confirmation in the labor market - unlikely before the middle of 2012.  [View news story]
    If the US was still by far the dominate economic power, I would agree. Without a strong US consumer, commodities would fall. But, the world has changed, there billions more consumers out there whose wages are rising, spending more, and driving up commodity prices. What we get for touting democracy and capitalism and wanting them to spread throughout the world.
    Mar 23, 2011. 10:34 AM | 6 Likes Like |Link to Comment
  • Don't be fooled by talk that TARP is nearing breakeven, Barry Ritholtz writes. TARP + GSEs = $256B in the red, not counting "lost income from savings, bonds, etc., the increased costs of food and energy due to inflation (the Fed has done this on purpose as part of their rescue plan), the higher fees the reduced competition of megabanks has created, and the future costs our moral hazard."  [View news story]
    Do the math - entitlements are the only place where real cuts can be made.
    Mar 18, 2011. 06:00 PM | 6 Likes Like |Link to Comment
  • Something Spooky About the Way This Rally Is Unfolding [View article]
    Nothing seems to spook this market. The market will go down with bad news in the morning, but end up at the end of the day. That really spooks me.
    Feb 21, 2011. 09:27 AM | 6 Likes Like |Link to Comment
  • Brace for higher food prices now that demand for corn has pushed U.S. supplies to their lowest point in 15 years. No fun for shoppers, but consider these seven reasons investors should embrace inflation.  [View news story]
    They own ethanol EFTs. Your dissing their retirement savings.
    Feb 9, 2011. 07:57 PM | 6 Likes Like |Link to Comment
  • Rep. Darrell Issa, incoming head of the House's top investigative committee, asks companies to tell him which government regulations are too onerous for their liking. Issa recently sent letters to more than 150 businesses, trade groups and think tanks asking for their help in "identifying existing and proposed regulations that have negatively impacted job growth."  [View news story]
    We could save a lot of money by bypassing the sewage department and dumping everything straight into the river.
    Jan 4, 2011. 05:23 PM | 6 Likes Like |Link to Comment
  • The "new voodoo" economics favored by Republicans is even more hypocritical than the old myth that tax cuts pay for themselves, Paul Krugman writes. The incoming House majority plans to make changes in the “pay as you go” rules that require spending hikes to be offset but not revenue losses from tax cuts, he says. "Banana republic, here we come."  [View news story]
    So, you think we can shrink taxes to zero and all will be OK? We have to do what works, not what fits our ideology. If you invest based on ideology, you lose.
    Dec 31, 2010. 10:47 AM | 6 Likes Like |Link to Comment
  • Weekly Unemployment Claims Down a Whopping 34,000; Insured Unemployment Rate Slightly Up [View article]
    I see more people around me finding jobs. But, I live in an unusual area. That being said: we hire a number of temps because of our erratic production schedule. Through the years, the temps have ranged from walking of the job to working their kiesters off hoping to land a permanent job with us. I can always ascertain the state of the employment situation in my area by observing the temps.The temps we hire are still working their butts off.
    Dec 30, 2010. 11:30 AM | 6 Likes Like |Link to Comment
  • Valuing Market Worries: The Year in Review (And Why We've Still Not Reached a Market Top) [View article]
    I should know that the crash is coming the day after I brag to my wife how well I am doing in the market.
    Dec 23, 2010. 12:03 PM | 6 Likes Like |Link to Comment
  • Investment Outlook: Focusing on Fundamentals vs. the QE II Distraction [View article]
    Don't bailout GM and Chrysler and watch one million jobs vaporize? Don't prop the banks and watch the FDIC along with safe savers go bankrupt? Sometimes taking the medicine just stinks to high heaven, but not to do something because it is perceived as "un-American" or goes against one's ideology is just nonsense. I fix problems at work with methods that might or might not work, but won't use ideology to decide on a method. Too many people on this site believe that nothing should have been done - and wrongly believe the pain would have been short-lived.
    Nov 17, 2010. 02:31 PM | 6 Likes Like |Link to Comment
  • Election Results: Big Win for GOP, Potential Loss for the Economy [View article]
    Other things have changed. Used to be you could afford a house without having to have a well-paying job. My father made $3000 a year in 1965 and bought a house while raising 4 kids. And no, my mother didn't work. Looking back on it, smart parents (those in their 70's and 80's) have done quite well making the years of inflation work for them.
    Nov 3, 2010. 12:38 PM | 6 Likes Like |Link to Comment
  • The SEC may be looking at the elimination of stop-loss orders as one of several steps toward preventing another flash crash, a Themis Trading white paper speculates. Stop-loss orders were not the precise cause of the flash crash, Themis says, but they resulted in "enormous damage" to many unsuspecting traditional investors.  [View news story]
    So, only those wired to their computers can save their butts.
    Sep 24, 2010. 01:55 PM | 6 Likes Like |Link to Comment
  • A Warning for the Bulls [View article]
    Lots of talibans on this site giving the thumbs down to us Americans.
    Sep 23, 2010. 02:41 PM | 6 Likes Like |Link to Comment
  • A Warning for the Bulls [View article]
    Yes, Americans. All of them. Grandparents came over from Italy, great grandparents from Germany. So yes, all Americans.
    Sep 23, 2010. 11:28 AM | 6 Likes Like |Link to Comment
  • Oh, the humanity? The "Hindenburg Omen," a technical indicator that foreshadows not just a bear market but a stock market crash, is predicting a market meltdown in September. Time to get out of stocks, or just a good conspiracy theory?  [View news story]
    Totally agree.
    Aug 14, 2010. 05:56 PM | 6 Likes Like |Link to Comment
  • Equity Market Ready to Make a Massive Move [View article]
    Agreed. It's the economy, stupid. Investors, (both off and on the sideline), haven't a clue as to where the real world is headed.
    Jul 28, 2010. 07:09 AM | 6 Likes Like |Link to Comment
COMMENTS STATS
3,340 Comments
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