tag:blogger.com,1999:blog-6616959642391988608.post4113150381593809713..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: The absence of bad news is good newsScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-6616959642391988608.post-17233439489875480722015-12-28T20:04:38.211-08:002015-12-28T20:04:38.211-08:00This comment has been removed by the author.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17116889838623601062015-12-28T09:24:49.882-08:002015-12-28T09:24:49.882-08:00WM - how's your gold investment working out fo...WM - how's your gold investment working out for you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-7233176771244591052015-12-27T19:10:37.760-08:002015-12-27T19:10:37.760-08:00being -> beginningbeing -> beginningMcKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82391969647250094042015-12-27T19:09:32.876-08:002015-12-27T19:09:32.876-08:00Sadly, the news is all bad for the US economy. I ...Sadly, the news is all bad for the US economy. I invite everyone's attention to the charts linked below.<br /><br />https://twitter.com/McKibbinUSA/status/681145810147409920<br /><br />To state that we have an "absence of bad news" is simply to admit callous indifference to the measures in the charts linked above.<br /><br />Supply-side economics is a failed policy of old people McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23503973087831279892015-12-27T17:33:43.071-08:002015-12-27T17:33:43.071-08:00Another hearty thank you from a long time reader. ...Another hearty thank you from a long time reader. Happy Holidays Scott.Oeconomicushttps://www.blogger.com/profile/00419481030817979527noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-3494294610979442492015-12-26T10:03:01.789-08:002015-12-26T10:03:01.789-08:00Facts: As a general rule, all GDP and related repo...Facts: As a general rule, all GDP and related reports are suspect, if only because it is practically impossible for any government to accurately measure all the transactions that take place in an economy. Moreover, it is a fact that GDP stats are revised—and sometimes significantly—after the fact. In my experience, the GDP stats from developed countries are generally reliable, but only in the Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-60438226493019610242015-12-26T03:41:02.214-08:002015-12-26T03:41:02.214-08:00Is there any reason to believe that the GDP report...Is there any reason to believe that the GDP reports from China? Or Russia? Or any other dictatorship? <br />FactsAreFriendlyhttps://www.blogger.com/profile/06164552082925612133noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-68441111463466917342015-12-25T17:58:16.766-08:002015-12-25T17:58:16.766-08:00and earnings yield is the last refuge of the sophi...and earnings yield is the last refuge of the sophistmarcusbalbushttps://www.blogger.com/profile/13596266889368486043noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-18385861535626007972015-12-25T05:49:52.400-08:002015-12-25T05:49:52.400-08:00THANK YOU….for ALL of the excellent data and comme...THANK YOU….for ALL of the excellent data and commentary you provide. I have been reading your reports now for a number of years and feel very fortunate to receive the information you provide. Your commentary from 12/23 to me seems to be spot on!<br /><br />I hope YOU and ALL YOU FAMILY have a very good Xmas Holiday and all have an excellent New Year in 2016! Take Care!zumbadorhttps://www.blogger.com/profile/03124444420383526405noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82476046820133217192015-12-24T15:11:24.872-08:002015-12-24T15:11:24.872-08:00why is only oil and commodities worthy of praise f...why is only oil and commodities worthy of praise for being "cheaper". let's reduce all prices and really party. marcusbalbushttps://www.blogger.com/profile/13596266889368486043noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-58313274028710348442015-12-24T12:58:41.185-08:002015-12-24T12:58:41.185-08:00Thank you Scott for great commentary and insights!...Thank you Scott for great commentary and insights! Happy holiday and happy new year!!Tom Lhttps://www.blogger.com/profile/09337661874291350883noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35049954929214525672015-12-24T11:16:39.225-08:002015-12-24T11:16:39.225-08:00Merry Christmas Scott. Thanks for all your work. ...Merry Christmas Scott. Thanks for all your work. I have been reading for many years. I appreciate your deep knowledge of markets/economics as well as your common sense applications.<br /><br />Burton - FYI DSU is the corporate loan fund, HYT is the corporate bond fund. Either way, they both are attractive right now.minnesota nicehttps://www.blogger.com/profile/00727666702361173951noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55852633748258489802015-12-24T07:56:35.669-08:002015-12-24T07:56:35.669-08:00Hey Steve I did the same thing, on the same day!
I...Hey Steve I did the same thing, on the same day!<br />I bought DSU<br />It's Black Rock's high yield closed end fund.<br /><br />discount to NAV 13.5%<br />% of port in oil 6%<br />in metals 2.5%<br />current yield 8.7%<br /><br />This is obviously a bottom pick, but a pretty decent one I think.The Commodity Guyhttps://www.blogger.com/profile/11518485068505658443noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15805718995916499842015-12-24T05:13:24.271-08:002015-12-24T05:13:24.271-08:00Took the leap yesterday: long high yield bonds. No...Took the leap yesterday: long high yield bonds. Not sure how long I'll be there (I'm a trader and this could be a very short term trade) BUT they have caught a bid and they are trading as if we're heading into recession. Barring that, HY works at some point in the near future and outperforms the market.<br /><br />Excellent work by Scott as usual and I wish all a very Merry Christmas!stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81490671543813889592015-12-23T16:50:45.761-08:002015-12-23T16:50:45.761-08:00Great wrap-up, although I think the world's ma...Great wrap-up, although I think the world's major central banks could be much more aggressive in seeking growth. <br /><br />We may see another flat year on US stock markets. If the dollar continues to appreciate, then reported earnings will continue to contract, and, of course, export and tourism will be hurt. BTW, Japan has 50% more tourists in 2015 YOY.<br /><br />The risk in forecasting Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-39475615846405796922015-12-23T16:30:14.166-08:002015-12-23T16:30:14.166-08:00Yes this is my top site as well for financial read...Yes this is my top site as well for financial reading. Thanks Scott for taking the time to give us your insight. I've been reading your blog for the past 3 years now. Keep it up!Alhttps://www.blogger.com/profile/01261213308707778791noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64352091527311026642015-12-23T13:07:21.495-08:002015-12-23T13:07:21.495-08:00Scott, as always, thank you so much for taking the...Scott, as always, thank you so much for taking the time to share your thoughts and research. Always, ALWAYS appreciated.<br /><br />Merry Christmas to you and your family.Cabodoghttps://www.blogger.com/profile/08299113185481067179noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23265943858557226262015-12-23T12:00:12.452-08:002015-12-23T12:00:12.452-08:00Hi Scott. Great job as always.
If your readers ar...Hi Scott. Great job as always.<br /><br />If your readers are interested in similar graphs for individual commodities, go to my blog https://thecommoditystrategist.blogspot.com/<br />Click on the link on the right that says: "Ten Year Forward Graphs". I've done it for every commodity in the IMF database, although in a different format.<br /><br />Merry Christmas to everyone!The Commodity Guyhttps://www.blogger.com/profile/11518485068505658443noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43617010171297195292015-12-23T11:43:36.457-08:002015-12-23T11:43:36.457-08:00Light blogging or not-- this site is ranked atop m...Light blogging or not-- this site is ranked atop my list for Quality insights and commentary.<br />Thanks Scott.<br /><br />Merry Christmas, Happy Holidays and New Year everyone!Galactichttps://www.blogger.com/profile/17800963310060756731noreply@blogger.com