Exactly. Nothing like folks feeding the Big G their info, thoughts, pixs, and in network friends for free!
Data mining at its finest hour.
what do you believe the real unemployment rate is here in the USA? BTW, our BLS counts someone who worked for pay for one hour as "employed."
I do wonder how they can roll that one hour person into the the IRS tax rolls, as no employer is going to process the pages of paperwork to hire someone for a one hour job. That said, an underground eCONomy for hiring is booming! Via the BLS own statistics.
I'm 98% certain it will be, as I invested some of my retirement money on 12-31 at the close. You know the saying about how Retail buys at the top!
I haven't jumped on that bandwagon, Blu. I simply chose a statement from their article which I know to be factual.
Overall, Pew Research is simply another cog in the media machine.
"Centerpiece of The Pew Charitable Trusts' initiative to stimulate citizen involvement in community issues.The project partners major print and broadcast news ..."
From Pew Research: "Pew Research Center reports and data on the Millennial generation, those born after 1980 and the first generation to come of age in the new millennium. ... Millennials in Adulthood. Racially diverse, economically stressed and politically liberal."
From my own observations, I see many Millennials as a herd of sheep that will follow almost every media suggested trend, and tend to believe every headline and photo without stopping to examine the CONtent, and make their own decision as to what is fact and what is fiction.
I think seven of the nine you posted will occur, and you missed a few of the key future events which will make major headlines.
What fool would wait to park or leave a mall to spend their money? Says to me that people without money just wanted something to do, or were mall walking for exercise.
WMT stock is on my shopping list, as I use their online shopping site several times a year for H&B items and some sauces and condiments, etc. I'll wait for the pps to drop to $44ish before I buy. M will probably report good sales, and TGT might also. I didn't buy anything from either, and returns might be higher than expected. The rise in gift cards gives a retailer an instant cash boost, whereas if I bought an item and someone returned it for cash, the retail has the sweater and is out the money the purchaser paid.
Were you referring to the almost Mountain Man look that B. Pitt was sporting? Or this line: "'So Mike Burry who gets his haircut at Supercuts and doesn't wear shoes knows more than Alan Greenspan?,' "
I learned a new phrase, and it appears we will have an instant replay of the same scenario in the upcoming months.
"Goldman Sachs Hawks CDOs Tainted by Credit Crisis Under New Name
The 2008 financial crisis gave a few credit products a bad reputation.
Like collateralized debt obligations, known as CDOs. Or credit-default swaps. But now, a marriage of the two terms (using leverage, of course) is making a comeback -- it’s just being called something else.
Goldman Sachs Group Inc. is joining other banks in peddling something they’re referring to as a “bespoke tranche opportunity.” That’s essentially a CDO backed by single-name credit-default swaps, customized based on investors’ wishes. The pools of derivatives are cut into varying slices of risk that are sold to investors such as hedge funds.
The derivatives are similar to a product that became popular during the last credit boom and exacerbated losses when markets seized up. Demand for this sort of exotica is returning now and there’s no real surprise why. Everyone is searching for yield after more than six years of near-zero interest rates from the Federal Reserve, not to mention stimulus efforts by central banks in Japan and Europe.
The transactions offer the potential for higher returns than buying a typical corporate bond, especially if an investor focuses on first-loss slices or uses borrowed money, or both. Obviously, the downside may be much greater, too.
Michael DuVally, a spokesman for Goldman Sachs in New York, declined to comment.
The deals are “attractive for credit-savvy investors in the post-QE credit picker’s market,” according to a January U.S. credit derivatives outlook by Citigroup Inc., referring to central-bank bond buying known as quantitative easing, or QE. As much as $20 billion of such transactions were issued last year, up from less than $5 billion in 2013, according to data compiled by BNP Paribas SA. The Paris-based bank has also been arranging the deals -- dubbed collateralized swap obligations by some, bespoke tranches by others -- and predicts issuance will go up in 2015.
It’s clear why banks want to get involved with pulling together these transactions given they offer higher profit margins than plain-vanilla bonds like Treasuries or corporates. Also, underwriters are taking on less risk than the pre-crisis CDOs, since they typically offload almost all the risk to investors on either side of the swaps.
As for investors? Well, just because yields around the world are the lowest they’ve ever been doesn’t mean hedge funds will accept measly returns. Yields on corporate debt globally have plunged to 3.3 percent from as high as 9.05 percent at the 2008 peak, according to Bank of America Merrill Lynch index data.
“A tranche of a bespoke portfolio of credits can offer exposure to diversified risk with the possibility of leverage, credit enhancement and enhanced returns,” according to a Jan. 23 e-mail message from a Goldman Sachs employee, reviewed by Bloomberg News. It went out with the header: “Goldman: BESPOKE TRANCHE OPPORTUNITY.”
In this environment, the words “enhanced returns” are sure to get investors’ attention.
Before it's here, it's on the Bloomberg Terminal.
As much as $20 billion of such transactions were issued last year, up from less than $5 billion in 2013, acc
Polar bears didn't live in the town I grew up in. Brown and black bears were common.
Alaskan Town Invaded By Record Number Of Polar Bears
by Kraig Becker on Oct 4, 2012
Polar bears near Kaktovik, AlaskaThe 250 residents of the remote town of Kaktovik, Alaska, have grown accustomed to living on the edge of the wilderness, but even they had to be a bit surprised at all the ursine visitors that came calling last month. In mid-September, the sleepy little community found itself over run with a record number of polar bears who came looking for food while they wait for the return of the pack ice.
Located above the Arctic Circle, the people of Kaktovik routinely supplement their meager supplies with an annual whale hunt, which provides meat for the lean winter months. Following the hunt, the carcasses of the whales are left on the beach for predators and scavengers to pick clean. Typically this attracts numerous polar bears that are looking for an easy meal, but this year there were far more bears than normal. On September 13, observers counted 80 polar bears in total, which broke the old record for the most spotted in a single day. The previous record of 65 was set back in 2004.
Researchers believe that it could be more than just the promise of a free meal that brought so many polar bears together at the same place and time. This summer saw the Arctic ice melt at an unprecedented level, which may have forced more of the creatures to head to solid ground while they waited for temperatures to drop and the ice to return. Unlike most animals, polar bears actually eat more regularly in the winter and look to their fat stores to get them through the leaner summer months. Any time they can get an easy meal it is a cause to congregate.
Lucky for the bears, the ice began to form once again on September 16 and now has started to thicken and spread across the Arctic Ocean. That means the animals will soon be able to head north once again, leaving Kaktovik behind for anther yea
That's the range that has been preset; it could go either way.
Scenario 1 is: Bears are correct, and the economy is very weak. A sell down into the EOY is logical. Scenario 2 is: Bears are correct, and the economy is very weak. Bulls push the Fantasy higher, and the Reality Check of poor EPS numbers (however massaged to be acceptable or a "beat," will be touted as positive news in January. Can't have that January Effect doohickey run for 2 years in a row!
CA is the only place to be for Christmas, and the Santa Clause Rally in stocks. Had to bring them down, so that they can be moved up.
A cow has an udder.
Yes, most milk on sale is priced less than 87 gasoline here in SoCal. I don't drink milk, but when my daughters did it was well over $3.00 per gallon in Alaska, and that was 27 years ago, and probably is $3.50 per gallon or higher today.
Local L.A. Ralph's (Kroger) here has a gallon of 1 or 2% milk on sale for @$2.49 per gallon if using a Ralph's loyalty card. Interesting that the ad also states that Vitamin D milk is $2.69 per gallon with same card. Vitamin D is a common additive to milk; why would Ralph's charge 20 cents more for it? Most likely it was a misprint, and Whole Milk with Vitamin D and the higher fat content would be a bit more expensive, but I don't write their ads.
Isn't it interesting how the actions and financial mismanagement of one stepchild makes headlines, moves markets, and then fades into the shadows?
The problems didn't go away, and the only real solution is a full BK.
Take the airline industry approach--BK today, newly registered stock pps to soar, as the former stock and bond holders are smashed into a mountain of debt and lack of management and receive nothing, not even equivalent shares in the "new" co.; which is actually a SS/DD, but might have a new ticker symbol. What a gig!
Just tagged it. My EOY prediction for 1981 might be a bit lofty.