Seeking Alpha

kmi

kmi
Send Message
View as an RSS Feed
View kmi's Comments BY TICKER:
Latest  |  Highest rated
  • Finally, the days of individually targeted TV commercials may be here with DirecTV's (DTV +1.5%) rollout of 'addressable ads.' Using customer databases, DirecTV will pinpoint a potential buyer for a product. But expect privacy and pricing arguments to break out around the service.  [View news story]
    Nice, who is providing these "customer databases" who is tracking "customers", and how do I opt out. Or who do I sue for invading my privacy.
    Dec 20, 2010. 06:40 PM | Likes Like |Link to Comment
  • U.S. carmakers, including Ford (F) and GM, and engine manufacturers ask an appeals court to force the Environmental Protection Agency to reconsider its October decision allowing the sale of gasoline with 15% ethanol. The group claims the ruling could confuse consumers and cause more damage to older engines not designed for a heavier ethanol blend.  [View news story]
    Ethanol isn't bad per se, but the corn generated stuff popular in US is a pure subsidy business.

    It works well in Brazil on sugar cane but different economy, different production, different costs, and there it's a 40 year industry, and as such, much more mature.

    The problem with 15% that the article isn't clear about outside "increased heat and exhaust temperatures" is that older cars, many still in use and on the road in the US, have parts that ethanol can dry out, damage, and cause to prematurely wear, specifically, some plastic and rubber compounds.

    If you are specifically trying to get folks out of their older cars so they can go buy new ones, it's a good trick to force their cars to break down so they have no choice.
    Dec 20, 2010. 06:38 PM | 1 Like Like |Link to Comment
  • Meredith Whitney predicts "50-100 sizable defaults," while S&P's Robert Prunty is "comfortable" with the state of the muni market. On the ground, New Jersey Gov. Chris Christie suggests one step toward avoiding Whitney's forecast. To his state's public sector unions: "You can boo me now, but... if you don't partner with me to get [pension reform] done, in 10 years you won't have a pension."  [View news story]
    We have a great county executive here in Westchester NY - he presented a budget to cut taxes 1% while balancing the budget with no gimmicks and tricks. The competent guys are out there - but he won't get it passed. Too much well-entrenched opposition betting on improving times ("tax receipts") and taking advantage of how easy it is to float bonds.

    The muni market crashing and burning would be a good way to cut the crap.
    Dec 20, 2010. 06:27 PM | 5 Likes Like |Link to Comment
  • The rise in oil prices could be just getting started, posing opportunities for investors but challenges for consumers - and squashing economic growth. Consensus sees roughly $100/barrel in 2011, which could reflect steady growth, but "as we keep climbing higher here, you start to worry," says Merrill Lynch's (BAC) Ethan Harris, fearing that $120 oil would spell danger.  [View news story]
    The mistake in oil is assuming $147 was ever realistic or reasonable, and basing any analysis at all around it...

    It's as reasonable as $33 was after the bubble. NG much better indicator of where energy is or should be....
    Dec 20, 2010. 05:57 PM | Likes Like |Link to Comment
  • In Barron's 2011 stock market outlook, strategists expect to see an average 10% rise in the S&P 500 and a sustainable economic recovery taking root. Stocks will outperform bonds, especially Treasurys. Companies sitting on cash piles will look towards M&A, R&D and shareholder-friendly moves.  [View news story]
    hmm...

    EPU, PELCX, DBA... and I agree with EUM...
    Dec 18, 2010. 05:06 PM | Likes Like |Link to Comment
  • In Barron's 2011 stock market outlook, strategists expect to see an average 10% rise in the S&P 500 and a sustainable economic recovery taking root. Stocks will outperform bonds, especially Treasurys. Companies sitting on cash piles will look towards M&A, R&D and shareholder-friendly moves.  [View news story]
    More risk in SPY than EZA!
    Dec 18, 2010. 04:55 PM | Likes Like |Link to Comment
  • In Barron's 2011 stock market outlook, strategists expect to see an average 10% rise in the S&P 500 and a sustainable economic recovery taking root. Stocks will outperform bonds, especially Treasurys. Companies sitting on cash piles will look towards M&A, R&D and shareholder-friendly moves.  [View news story]
    haha I can play that game!

    VNM EWT ECH???
    Dec 18, 2010. 04:52 PM | Likes Like |Link to Comment
  • The U.S. has become a "Dickensian economy," former Fed vice chairman Alan Blinder writes - "the greatest place on earth to be rich but an awful place to be poor." Since 1978, nonfarm business productivity is up 86% while real compensation per hour is up just 37%. It isn't fair, and it isn't good for America, he says.  [View news story]
    I agree it is not a bad place to be poor as it is hard to conceive of Americans dying of starvation, malnutrition, or exposure.

    However, it is also true that entitlements keep the natives from getting restless in the manner of other nations.
    Dec 18, 2010. 07:41 AM | 2 Likes Like |Link to Comment
  • Jeff Gundlach paints a frightening picture of massive U.S. problems: chart after scary chart of mounting debt, a declining dollar, and a wrecked economy. If you want any sleep tonight, better not read this.  [View news story]
    I wonder if Argentina had as much forewarning their economy was going to collapse as we do, and if they cared as little as our fellows do...
    Dec 18, 2010. 07:38 AM | Likes Like |Link to Comment
  • When the facts are inconsistent with the ideology, conservatives simply "adjust the facts," Paul Krugman asserts, citing Republican members of the crisis commission that absolved banks of wrongdoing and blamed everything on Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) by promoting loans to low-income borrowers.  [View news story]
    Bank apologists landing in 3...2...1...
    Dec 17, 2010. 05:53 PM | 2 Likes Like |Link to Comment
  • If history holds, Time's selection of Mark Zuckerberg as Person of the Year marks a top in the value of Facebook - $56B? $200B? - Barry Ritholtz suggests, noting the 1999 cover of Jeff Bezos that marked the high point in Amazon’s (AMZN) stock for the next decade.  [View news story]
    I'd tend to agree, I already think Facebook is vastly overvalued and not making it public may or may not pay off....
    Dec 17, 2010. 05:51 PM | Likes Like |Link to Comment
  • Bulls have seized momentum, but Richard Suttmeier sees little upside now, with "a lot of good news priced in" - QE2, the GOP midterm victory, the tax-cut extension. "All the bullish events are there," with 2011 no better than a "trading-range year." He would buy undervalued names CSCO and BBY, and sell overvalued stocks like F, TRW and FWLT.  [View news story]
    Let's see wasn't '10 supposed to be flat and trade sideways too?

    I suggest my fell SA readers trade based on their own analysis and convictions....
    Dec 17, 2010. 05:50 PM | 1 Like Like |Link to Comment
  • Obama signs into law the across-the-board extension of the Bush tax cuts, one day after the House approved the legislation. For nearly everyone, tax rates won't go up next year, and for most, paychecks will be a bit larger. Here's a synopsis of what's in it for you.  [View news story]
    Don't confuse poor Joe with facts!
    Dec 17, 2010. 05:47 PM | 1 Like Like |Link to Comment
  • Both big business and big government should be viewed as evils and threatening the real engine of economic growth - small business - Nassim Taleb tells CNBC. "They're both very bad, particularly big government... [It] ends up favoring large corporations that have a lot of employees. That kills growth from small companies who cannot get to Washington; they cannot get lobbyists."  [View news story]
    My area of professional expertise is Real Estate for what it's worth, and my experience is there.

    When I make the distinction between "small" and "big" I am generally referring to the difference between negotiating and constructing a deal, a venture, a project with a single owner or small group of owners versus a large corporate entity. The difference is significant.
    Dec 17, 2010. 11:17 AM | 1 Like Like |Link to Comment
  • Both big business and big government should be viewed as evils and threatening the real engine of economic growth - small business - Nassim Taleb tells CNBC. "They're both very bad, particularly big government... [It] ends up favoring large corporations that have a lot of employees. That kills growth from small companies who cannot get to Washington; they cannot get lobbyists."  [View news story]
    I'd suggest "small" is innovative and big is absorptive. "Small" companies grow their business and large ones do M&A. Suggesting small business would weaken US global competitiveness is not something I agree with. Many of the most competitive companies in the world are indeed "small" and tend to have better profit margins.

    "Big" tends to export innovation, employment, and capital, and "small" tends to localize it.

    I've worked on "big" deals and "small" ones, small are fast and efficient, big take time, both are fun and profitable, but if we are talking about ideology, I'd suggest there is nothing inherently wrong with "small."

    I'd also suggest that "under-capitalized" today isn't the result of "small" banks and companies but a problematic funding environment.
    Dec 17, 2010. 10:50 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
4,215 Comments
4,075 Likes