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WMARKW

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  • Wall Street Breakfast: Amazon Shares Surge After Profit Beat [View article]
    Wasn't it just a week or two ago that the news reported the Senate Democrats blocked the Keystone bill 53 - 49. I thought it was curious that there so many Republicans not voting - out on the campaign trail apparently. Now the news is it passed. The Comedy of DC (not DCV - although he is funny) is amazing.
    Jan 30, 2015. 08:51 AM | 3 Likes Like |Link to Comment
  • More Evidence That Low Oil Prices Are Not Unequivocally Good For The American Economy [View article]
    I disagree. Petroleum expenditures are "out of pocket". You don't have to take out a mortgage to buy petroleum. People that owned houses in 2008 had an asset that crashed in value. People that were new to the market benefitted, but the losers were mortgage holders and asset owners. That doesn't translate to petroleum.

    The revenue loss to the petroleum industry at the gross receipts line (actual sales of petroleum based products) is offset 1:1 for the consumer purchasing. That translates into a relatively small benefit per consumer (sure larger for Fed Ex) which by and large is not significant enough to pump into savings account or investments. It is, IMHO, largely going to be spent on something else, translating into higher consumption purchases of "stuff".
    Jan 29, 2015. 08:05 PM | Likes Like |Link to Comment
  • More Evidence That Low Oil Prices Are Not Unequivocally Good For The American Economy [View article]
    in 2013 the US consumed 6.89 billion barrels of petroleum products x what - $60 - $80 per barrel savings = $400 - $550 billion a year savings? I doubt we'll see an increase in the personal savings rate in the US as a result, instead just more consumption of a different kind.
    Jan 29, 2015. 07:44 PM | Likes Like |Link to Comment
  • More Evidence That Low Oil Prices Are Not Unequivocally Good For The American Economy [View article]
    According to report, there are 253 million vehicles on the road in USA. $25 a week in savings (?) is $330 billion a year added to consumer spending. At $40,000 a year for a job, that's 8 million new jobs.
    Jan 29, 2015. 07:39 PM | Likes Like |Link to Comment
  • Why The Damage To The Economy Caused By The Oil Crash Is Going To Get Progressively Worse [View article]
    Totally agree. The US consumer (major purchasers of Oil and Gas products in US since little exported) is the beneficiary. Same guys that have gotten hammered over the last 7-8 years and have experienced stagnant real wage growth. How can a $100 - $150 a month reduction in cost of driving and all other transporters being benefitted be looked at as anything different than the 2% FICA cut that was a stimulus component several years ago.
    Jan 29, 2015. 07:31 PM | 1 Like Like |Link to Comment
  • More Evidence That Low Oil Prices Are Not Unequivocally Good For The American Economy [View article]
    I view this as a zero sum game. Lower oil prices (with little or no exports) mean all previous $ spent on Oil and Gas (consumption) now are available to be spent somewhere else. I don't see US savings rate increasing. So, if $ are not spent on gas, they will be spent somewhere else. How long that will take to translate into recordable economic results may be a question.
    Jan 29, 2015. 03:50 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: The Heavy Earnings Week Continues [View article]
    David,
    Number of items on menu in 1969-70.

    Big Mac
    Double Cheese
    Hamburger
    Cheeseburger
    French Fries
    Filet of Fish
    Milk Shake
    Soft Drink

    We used to serve 400+ customers during lunch hour rush.
    8 Cash Registers and order takers
    8 backing up to fill order
    2 fry makers
    2 drink pourers
    1 shake maker
    5-8 working the grill
    2 order takers writing hand orders -one on each entrance

    Show me a "fast food" restaurant today with 30 people on the floor during lunch rush.

    Oh, and NO DRIVE THRU back then.
    Jan 29, 2015. 12:27 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: The Heavy Earnings Week Continues [View article]
    I'm buying more NYCB today on a dip after earnings beat of $0.05. Yield = 6.6% at my purchase price.
    Jan 29, 2015. 10:45 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: The Heavy Earnings Week Continues [View article]
    TBILL - I don't think there is any chance they will ever raise interest rates. The impact on Deficits will be horrendous. The impact on the market - likewise.
    Jan 29, 2015. 09:54 AM | 5 Likes Like |Link to Comment
  • Deep Value Play Of The Year: Helmerich & Payne [View article]
    Down 7.6% as of 9:50 am EST.
    Jan 29, 2015. 09:51 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Apple Makes Quarterly Profit History [View article]
    2hard - Geeze it's 800 miles from Galveston to El Paso. If you left NYC and drove south 800 miles you'd be just north of Atlanta
    Jan 28, 2015. 06:35 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Microsoft Profit Stung By Sluggish Windows [View article]

    Berbno1...

    I wonder where the world would be today without US auto emission standards?

    Actual performance:

    Change 1980 vs 2013

    Carbon Monoxide (CO) -84 %
    Ozone (O3) (8-hr) -33 %
    Lead (Pb) -92 %
    Nitrogen Dioxide (NO2) (annual) -58 %
    Nitrogen Dioxide (NO2) (1-hour) -60 %
    Sulfur Dioxide (SO2) (1-hour) -81 %
    Jan 28, 2015. 06:25 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Microsoft Profit Stung By Sluggish Windows [View article]
    Um....any studies been done on auto particulate (very low per gal of fuel used) vs. coal burning stoves in the 1800's. I suspect not.
    Jan 28, 2015. 06:21 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Microsoft Profit Stung By Sluggish Windows [View article]
    BlueOkie...
    I love it, tums for the cows. And if I remember they have 2 stomachs...so which company makes Tums again?
    Jan 28, 2015. 06:19 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Microsoft Profit Stung By Sluggish Windows [View article]
    Dude Fabreeze...

    Can you tell me where all the water came from to make all that ice in that is currently melting in the polar regions?
    Jan 27, 2015. 07:03 PM | 1 Like Like |Link to Comment
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