This is a riot: watch the gubernatorial debate in Florida as the two candidates have a pissing match over………….a fan. One of the candidates wanted a fan for a little bit of cooling, and the other guy insisted it was against the rules of the debate (in point of fact, the rules forbid “electronics” like, oh, say, having a personal computer or iPhone during the debate, which makes sense – – – most folks agree a small electric fan does not qualify as “electronics”). Pull up a chair, grab a Coke and popcorn, and enjoy:
Courtesy of the SlealthFlation Blog:
Like many of our readers, I clearly have a very hard time reconciling a U.S. stock market making new all-time-highs almost daily, especially in the face of what most economists consider to be a relatively weak domestic economy with negligible growth prospects. Moreover, when you layover the thoroughly stalled and certainly weaker overall global economic picture with the largest economic bloc on the planet in a near depression, it’s even harder to rationalize. Finally, throw into the mix the gravity of threatening geopolitical tensions between the U.S. and Russia, the two nations with the largest stockpiles of tactical nuclear weapons on earth, as well as the completely disintegrating Middle East mayhem, and the market actually welcomes it? Something majorly does not add up, well, to this idiot anyways. (more…)
Back in May 2009 over 5 years ago I penned an article which at the time was met with cat calls and more.
As I’m currently working on my upcoming book and other projects I thought it would be fitting to re-post the article to demonstrate just how far ahead of the curve we can be at times. Remember, in 2009 the buzz word of the day was: Solvency.
No one (and I do mean no one) was considering or giving any credence to what is now the buzz word of today: Inversion. i.e., Moving the corporate headquarters to another country to avoid paying higher U.S. taxes. Now, it’s all you hear. Dunkin’ Donuts™ Tim Horton’s™ being the latest example.
Exports, Imports, and Balance: What International Trade Tells Investors About The U.S. Economy
At 8:30 EST/12:30 GMT The Bureau of Economic Analysis released their monthly report on U.S. exports, imports, and balance of goods and services for June 2014.
The BEA economic report release calendar is here:
Goto the “U.S. International Trade in Goods and Services, June 2014” here:
Once again we are breaking records on a near weekly basis. Week after week and sometimes daily new never before seen in the history of financial markets record prints. Yet, business people across the spectrum don’t feel it, nor are they buying it.
Should one be worried about this conundrum? Financial mavens say no. In earnest, most seem to insinuate one should “Just buy the all time highs and sleep like a baby.” Then again, that’s what they say all the time do they not?
So what is someone to do that doesn’t believe the hype or the meme “it’s different this time” and can’t get that feeling out of their gut for they know – it truly never is? (more…)
It’s corny, I know, but I make a habit of reading the Declaration of Independence every July 4th. Here it is below. I’ll be traveling all day today, so everyone have a safe and happy holiday.
IN CONGRESS, July 4, 1776
The unanimous Declaration of the thirteen united States of America,
When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation. (more…)