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  • Administration Fearlessness A Warning Sign To Investors  [View article]

    So that's your definition of "ethics"?
    Apr 6, 2016. 03:50 PM | Likes Like |Link to Comment
  • Administration Fearlessness A Warning Sign To Investors  [View article]
    mobyss, ....... "Four months into office ........"

    Well said, I completely agree!

    The author says "...they're becoming more aggressive on every front" "Becoming aggressive"??? Where has he been? The "you didn't build it" administration has been anti-business for 7 1/2 years and it has nothing to do with "ethics". Its all about ideology!!
    Apr 6, 2016. 03:49 PM | 1 Like Like |Link to Comment
  • Why Money Velocity Is At Its Lowest Level Since 1959?  [View article]
    Salmo, ..... "....the greater the degree of private unregulated monopoly .... the higher the amount of unit prices"

    Spot on!! And thanks for the brief class in the economics of common sense.

    This is precisely what happened to health care costs in the U.S. starting in the mid-1990's with the consolidation of the health insurance industry. The pretense was efficiency hence cost savings, the trade-off exclusivity. It worked for about two years, then costs increased exponentially.
    No political policy maker ever stopped to even wonder: 'what might be the root-cause of the problem, it wasn't always this way??'. No-no the special interest said - No root cause analysis needed here!! Lets just move pricing to deductibles, have everyone pay it and call it "affordable" for the people! You have to admire the chutzpah though.
    Apr 6, 2016. 03:37 PM | Likes Like |Link to Comment
  • Why Money Velocity Is At Its Lowest Level Since 1959?  [View article]
    CBAlpha, .......... ".....can be made more stable by continually changing the rules of competition"

    By whom and how?? That is truly a radical idea, government being the only logical answer, would likely cause chaos and massive uncertainty. Using by example today's environment; I could just see a group of bureaucrats sitting in a meeting in Washington saying; Okay today we're gonna change the "rules of competition". God help us!!
    Apr 5, 2016. 10:46 AM | Likes Like |Link to Comment
  • How Can You Let This Happen?  [View article]
    Hmmm, okay. This still has even less to do with incompetently run government pensions, and making promises that can not possibly ever be fulfilled.

    However, I completely agree with your contention regarding the U.S. healthcare system. Its complete lunacy, conceived by a bunch of congressional aids and lobbyist, read by no one responsible for voting on it, and jammed through the senate by one political party in the middle of the night. Now what could possibly go wrong?

    Where I suspect we disagree is the solution for the U.S. I support a market driven approach with some combination of health savings accounts, insurance companies negotiating prices for services, and as much competition for business as possible. The government should be the gatekeeper to insure honesty in the system, and provide a safety net for the poor. And no, I'm not defining what we had prior to ACA, not even close!
    Apr 5, 2016. 10:14 AM | Likes Like |Link to Comment
  • How Can You Let This Happen?  [View article]
    Villi, .......... "Where exactly is the problem?"

    Tourism is or has been great. What has that got anything to do with insolvent pension programs? That are decades in the making. We have lines at Disney World in the U.S. too. I just returned from Naples Florida, if you didn't have dinner reservations you weren't getting in the best restaurants. That doesn't mean we therefore don't have to be concerned about an $80 trillion unfunded Medicare liability!! We have created our own Sword of Damocles in the U.S.
    Apr 4, 2016. 08:32 PM | Likes Like |Link to Comment
  • The Truth Behind U.S. Jobs Data  [View article]

    I agree, data on non-traditional employment shows rapid growth in many industries. I have been surprised at the number of non-agency contract employees in the energy industry alone. As you note this throws all benefit obligations onto employees. This will likely become more problematic as time goes on.
    Apr 4, 2016. 10:43 AM | Likes Like |Link to Comment
  • The Truth Behind U.S. Jobs Data  [View article]
    @Phillip.........."I didn't say that the article was inaccurate"

    And I didn't accuse you of saying the article was inaccurate. Read my comment again. I was responding to cross who claimed the data was "make-believe" and political spin.

    A decade ago the financial media, the media in general, and the investment world spent significant time drilling down into the jobs data to understand what kinds of jobs were being produced. Pressure and criticism was then applied to Bush policy makers to improve the job mix with appropriate incentives for businesses. Today that analysis and discussion process is cursory at best, mostly non-existent. I think that's a problem, likely why data doesn't square with reality.

    Secondly, there has been a lot of analysis on rising health care costs, and deductibles impacting discretionary spending.

    I don't disagree completely with your point about aggregate demand and business cap formation. But that's a bit of the chicken or the egg circular argument. This is where I believe the government with constructive taxing and regulatory power can break the log-jam. Instead this U.S. government seems paralyzed allowing ideological bureaucrats to create law as they go.
    Apr 4, 2016. 10:27 AM | Likes Like |Link to Comment
  • And So It Begins... Negative Interest Rates Trickle Down In Japan  [View article]
    This is a dangerous scenario for the banking industry. The bank runs the author describes are a threat to the industry, the economy, and society order. Also why the government is telling the public it must do away with the 100 dollar bill and 500 euro. This will make bank runs more difficult for depositors and has nothing to do with fighting illegal drugs or terrorism. Bank runs historically take on a life of their own through rumor and today social media.

    Sadly the fine work done by Sheila Bair at the FDIC avoiding 1930's style bank runs during the financial crisis could be erased by todays short sighted central bankers.
    Apr 3, 2016. 12:16 PM | 1 Like Like |Link to Comment
  • The Truth Behind U.S. Jobs Data  [View article]

    The author didn't make this data up out of thin air. Challenger, Gray, & Christmas is a credible and well established staffing company. Jobs and jobs outlook is their business.

    So whats new, the numbers don't add up? What we do know from government data is the economy is/has been losing high paying manufacturing, materials mining, and energy jobs and gaining low paying service sector jobs. We also know the U.S. economy lacks business capital investment given the uncertainties and the anti business rhetoric and policies. So I guess we need to believe you that this article is political and not out lying-eyes.
    Apr 3, 2016. 11:53 AM | 2 Likes Like |Link to Comment
  • Why I Don't Trust This Rally  [View article]
    I would add the technicals for this market are not good with a series of lower highs and lows since last summer. February was important with a new low where the October 2014 low failed to hold. There will be a lot of selling pressure as we approach S&P 2100. I personally doubt we will get there this time, but earnings more than global events will determine where we go.

    All said, I believe its time to sit-on-your-hands. As noted in the article the accommodative stance hasn't changed so its dangerous to short, and its not a market to constructively buy long. Maybe trim some gains, or sell calls on up days.
    Apr 1, 2016. 10:35 AM | 1 Like Like |Link to Comment
  • The Next President?  [View article]
    What would she be indicted on?? Horrible judgement? Zero effort to support Americans during the attack? Lying to the families of the fallen?

    All despicable but not illegal. With the media in her pocket Benghazi was going nowhere. Deflect, obfuscate, all easy for HRC.
    Mar 31, 2016. 09:48 AM | 1 Like Like |Link to Comment
  • The Next President?  [View article]

    Just because you can't find it, which you've wasted space in this thread telling us twice, doesn't mean NYC1965 isn't correct. Just make you're point and stop trying to impugn others because you don't agree politically.

    And I suggest you've taken on a mighty challenge resuscitating Carter's image.
    Mar 31, 2016. 09:29 AM | 2 Likes Like |Link to Comment
  • The U.S. Is In For Much Greater Civil Unrest Ahead  [View article]
    The Vigilant,

    Its easy to make magnanimous gestures of a desire to "equalize the playing field". But there are only a few worthwhile places in the tax code that I see where you could meaningfully increase the tax on capital. So what exactly are you talking about? More importantly what are the potential unintended consequences or are the current tax inversion moves of corporations a non-starter in this conversation?
    Mar 28, 2016. 09:59 AM | Likes Like |Link to Comment
  • The Next President?  [View article]

    I assume your post was to pklintl. ........ Especially if you live in a major U.S. city he is correct. You should take precautions. Contractors building safe-rooms has become popular.

    Having a gun is risky even to protect your home because of tough gun laws which of course only pertain to law abiding citizens in the U.S. If you are killed in a home invasion in one of the cities it may not even make the paper except the obituary page. The elites are of course protected with armed body guards.

    The community security you mention, neighbors looking out for neighbors, exists in suburbia U.S. Also, there most home owners are armed as well. The bad guys know that too.
    Mar 28, 2016. 09:38 AM | Likes Like |Link to Comment