Seeking Alpha

DigDeep

DigDeep
Send Message
View as an RSS Feed
View DigDeep's Comments BY TICKER:
Latest  |  Highest rated
  • Monday Update: Better U.S. Economic Data Points To Continuing Recovery [View article]
    Salmo - I've been following your predictions.
    Guys like this author Brad just might buy the dips enough to keep current levels in the trading range we've seen....... for a while.

    I don't disagree with your reasoning - I'll buy the beer if you hit these dates close to on the head. IMO, when the momentum shifts to fear of capital loss - things can tumble quickly as the exits get crowded.
    Jul 27, 2015. 10:21 PM | 1 Like Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    good points userwcsx

    IMO too many people thinks they can be part pf some gravy train.

    there's no gravy train unless you earn it.
    Jul 23, 2015. 02:52 AM | Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Seems to me, complacency has increased into mid 2015 with auto-mode of buying dips, as if a floor is underneath the equity market.
    To me - a bigger reason to pay attention to fundamentals such as the HO, margin buying %, PE's in relation to revenues (vs buy-back adjusted earnings).
    Complacency and a false sense of security make for a ripe set-up for pain if one is too long IMO.
    Jul 22, 2015. 09:10 AM | 4 Likes Like |Link to Comment
  • Retail Sales Start To Suggest Now More Than Recession [View article]
    Alot of that grease goes to Big Ag/Big Med/Pharma
    so - my wife's thinking about retiring (from a hospital) and we're taking a look into health care. One plan says $1400/month with $12k outlay exposure....I'm sure we'll find something lower than a grand.

    Around a grand a month (too young for medicare or medicaid -whatever it is) and where's that money going? into the healthcare/sickcare (cesspool) economy. Job creation based on illness? the definition of unsustainable I'd say.

    now - if gov't were to actually adjust its Farm Bill hand-outs toward diverse farm production vs massive monocultures i.e. corn, soybean, pretend wheat....an improved diet might actually reduce the costs and extensive needs of health care. Preventative medicine starts with diet - and that's not in Big Med's playbook.

    It's all inter-related and centralized gov't decisions have created quite a monster. Just hate getting intertwined in the health care swirl. Wonder why demand is weak and the middle class is tapped out? Look to gov't and Ag-Pharma-Med for the reason.
    Jul 15, 2015. 11:43 AM | 3 Likes Like |Link to Comment
  • Retail Sales Start To Suggest Now More Than Recession [View article]
    Policy(s) need new metrics for sustainable growth and a look at the standard of living(s) of its citizens vs the accounting monkey business (non GAAP) earnings etc.

    The grease the gov't receives from special interests/ big business certainly doesn't have the average joe's standard of living in mind. Henry Ford knew his customers were his employees. Now - stock buy-backs to reduce outstanding shares to make earnings look better - is the metric of 'success'. Well, the customers (employees) are suffering from a multi year squeeze play.
    Jul 15, 2015. 07:36 AM | Likes Like |Link to Comment
  • Greece Is Fixed Again - Now Onto China [View article]
    throw in the over collateralized positions in derivatives hanging out there. They don't talk about net loss/exposure(s) - but betcha that's the major motivator to kick the can.....
    Jul 13, 2015. 04:47 PM | Likes Like |Link to Comment
  • The Fed's Window For Hiking Rates Continues To Close [View article]
    EA you're talking fiscal or monetary or both?
    "...keep riding the brakes instead of learning how to downshift and accelerate into turns.."
    Jul 10, 2015. 11:45 AM | Likes Like |Link to Comment
  • The Fed's Window For Hiking Rates Continues To Close [View article]
    "Lacking high rates attracting our own dollars appears, to me, removing the opportunity to save dollar earnings in either risk or safe US bonds" I agree Asby - well put.
    I remember a study done a few years back (link?) that calculated a loss of ~$7 or so in interest income in the private sector due to ZIRP. Wonder what that income could have done for demand? By now, that number might be $10T not in the hands of the consumer. LJK always makes the point about risk free shouldn't get a set or unearned return. I say that bonds have been in portfolio's a long time and is a source of funding - as well as a historic source of income. The forced shift to risk-on hasn't blown up - yet.

    "I think this reflects the migration of skilled labor to foreign production..."
    I've said many times before (w/out much interest from anyone on SA); We strap our domestic industry (mostly good) with regulations EPA, accounting, human rights etc --- and we allow multi-nationals to stock our shelves with (imported) products - that many (SE Asia) countries don't come close to our levels of regulations (and hence costs). The mantra in the 90's was free trade - build the worlds middle class, from what I remember. Well, our middle class and manufacturing base has been whacked hard by allowing these (basically) unregulated production onto 'our shelves'.

    See foot - shoot foot....and wages & demand suffers
    Jul 10, 2015. 10:27 AM | Likes Like |Link to Comment
  • The Fed's Window For Hiking Rates Continues To Close [View article]
    interesting hoop
    excerpt
    For Gabriel Kolko, the enemy has always been what sociologist Max Weber called "political capitalism"—that is, "the accumulation of private capital and fortunes via booty connected with politics." In Kolko's eyes, "America's capacity and readiness to intervene virtually anywhere" pose a grave danger both to the U.S. and the world. Kolko has made it his mission to study the historical roots of how this propensity for intervention came to be.
    Jul 9, 2015. 05:18 PM | Likes Like |Link to Comment
  • Growth In The Era Of Human Capital [View article]
    Wasn't alive when FDR was pres.

    "...anywhere near the hellhole y'all proclaim it to is silly."

    Things are well for plenty. Things are dire for many.
    Jul 9, 2015. 12:30 PM | Likes Like |Link to Comment
  • The Fed's Window For Hiking Rates Continues To Close [View article]
    I'll throw in the mal-investment of the domestic gas-oil-fracking implosion - excessive speculation - the reach for yield - in the energy commodities due to ZIRP/QE
    Jul 9, 2015. 08:47 AM | 2 Likes Like |Link to Comment
  • Growth In The Era Of Human Capital [View article]
    hellhole? what are you talking about Dana? We've been a stronger nation in the past and current labor force participation is at multi decade lows....w/ socialism trying to creep into our daily lives. Some current trends aren't ideal and will correct themselves, but I don't recall anyone saying this is a hellhole.
    Jul 9, 2015. 08:25 AM | Likes Like |Link to Comment
  • Growth In The Era Of Human Capital [View article]
    I'd say the unproductive will become more productive out of necessity.
    Jul 8, 2015. 04:13 PM | Likes Like |Link to Comment
  • Reach For Yield Before Counted As 'Money Supply' [View article]
    Yes.
    Jul 7, 2015. 12:57 PM | Likes Like |Link to Comment
  • Reach For Yield Before Counted As 'Money Supply' [View article]
    Larry "SOMEONE was lending to liars"
    Yes and the ultra low rates - below historical trend and compressed spreads below 'normal' trends - pushed financial(s) to higher leverage and the Fed indirectly reduced/lower quality risk management in the quest for returns.
    Jul 7, 2015. 10:54 AM | 1 Like Like |Link to Comment
COMMENTS STATS
2,649 Comments
2,531 Likes