tag:blogger.com,1999:blog-6616959642391988608.post4958772140847298827..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Service sector muddles along, but that's good newsScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-30249557100792484782013-04-04T10:01:55.901-07:002013-04-04T10:01:55.901-07:00Scott, great post, and thank you for sharing your ...Scott, great post, and thank you for sharing your thoughts and supporting data with us.Buddy R Pacificohttps://www.blogger.com/profile/12737107556268024013noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-78548953398986418482013-04-04T08:34:28.123-07:002013-04-04T08:34:28.123-07:00In Scott's world, the S&P 500 Index at all...In Scott's world, the S&P 500 Index at all-time highs equals "economic calamity priced in". Makes sense.Gloeschihttps://www.blogger.com/profile/10705125909506053628noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-53020676026764105842013-04-04T06:49:34.453-07:002013-04-04T06:49:34.453-07:00Well, I am not sure today's markets anticipate...Well, I am not sure today's markets anticipate collapse, as much as zero-lower bound and slow growth, or Japanitis.<br /><br />Another forgotten fact: Stocks used to offer yield, higher than that of safe bonds. <br /><br />We might be going back to that, but that requires lower stock prices than otherwise.<br /><br />Also low bond yields and ZLB may reflect the huge amount of savings the Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17186673537989447372013-04-03T20:30:34.455-07:002013-04-03T20:30:34.455-07:00With growth at >2% and inflation at <2%, the...With growth at >2% and inflation at <2%, there's no reason why the government can't make additional adjustments -- for example how about a %5 across the board cut in Federal salaries (?) -- Pres Obama has already announced he is cutting his own pay by 5% -- cutting Federal salaries would send a strong message to the private sector, likely leading to another rally on Wall Street -- McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.com