tag:blogger.com,1999:blog-6616959642391988608.post5539118762022420611..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: It's still all about EuropeScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-15180147932503785282011-09-23T09:47:44.780-07:002011-09-23T09:47:44.780-07:00Bob-
If you are reading, I clearly state the D-Pa...Bob-<br /><br />If you are reading, I clearly state the D-Party is anti-business. I am not a mouthpiece for anyone, except maybe my wife.<br /><br />The GOP federal budget posturing nearly caused a panic, and yet they went ahead and agreed to deficits anyway--and ran huge deficits in a much better economy during the Bush years. <br /><br />Ethanol? The USDA? $3,333 from every man, woman and Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15051534065970536542011-09-23T00:54:45.285-07:002011-09-23T00:54:45.285-07:00Don't forget the disappointing news from China...Don't forget the disappointing news from China yesterday. <br /><br />There is a very simple explanation for the current state of the stock market. The July 27th GDP revision revealed that in real terms, the US GDP has not yet recovered to its pre-recession level. For six months, the markets acted on the prior data that claimed such a recovery.<br /><br />The S&P 500 then retreated to Rickhttps://www.blogger.com/profile/07767085539237536998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-52465678437071471492011-09-22T19:13:08.884-07:002011-09-22T19:13:08.884-07:00Hopefully, the US Federal Reserve is not committed...Hopefully, the US Federal Reserve is not committed to any "secret" "too big to fail" deals that are linked either directly or indirectly with Greece, Spain, Portugal, or Italy -- I would add to that list California and New York, as well...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1930612051849446222011-09-22T18:40:28.531-07:002011-09-22T18:40:28.531-07:00Benjamin,
How is the GOP fearmongering and how ar...Benjamin,<br /><br />How is the GOP fearmongering and how are they being obstructionist? Because they don't go along with the socialist agenda of the so called progressives? <br /><br />The very ideal of a democracy is to allow discent. Primarily we have, at the current time, two major opposing ideologies, capitalism and socialism, bucking horns. The socialists are in power now. It is Bobhttps://www.blogger.com/profile/18190525712352815677noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54233970091621806832011-09-22T17:25:46.257-07:002011-09-22T17:25:46.257-07:00Benjamin:
It's not the government's busin...Benjamin:<br /><br />It's not the government's business to be "pro-business" any more than it is for business to be pro-government. The government works for the people. Businesses are not people, they are human constructs comprised of laws.Johnhttps://www.blogger.com/profile/06365403570563730880noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-89534424700375008242011-09-22T17:19:25.590-07:002011-09-22T17:19:25.590-07:00The GOP fearmongering and obstructionism is playin...The GOP fearmongering and obstructionism is playing havoc, as is the Fed's inability to chart a steady, clear, projected course to higher nominal GDPs. The investing public is baffled.<br /><br />And Obama missed a wonderful opportunity to change the D-Party into a pro-business party just as Bush jr. missed a chance to de-militarize the GOP.<br /><br />So we the anti-business D-Party, the Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50388174682184310972011-09-22T16:51:14.065-07:002011-09-22T16:51:14.065-07:00Boy do I wish I had sold everything in April.Boy do I wish I had sold everything in April.Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67259332415975576892011-09-22T15:00:04.314-07:002011-09-22T15:00:04.314-07:00It isn't ALL. The stock market wants inflatio...It isn't ALL. The stock market wants inflation. The FED offered none yesterday. Since the U.S. economy can’t have organic growth due to many drags, it needs apparent growth (NGDP nominal GDP). The FED isn’t going to cooperate with that thus a slowdown in US growth will cause further slowdown in the world economy. The U.S. is ever more so the safe haven. Thus stocks and currencies were Squirehttps://www.blogger.com/profile/14088030568579672500noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35157184982484251832011-09-22T14:33:24.224-07:002011-09-22T14:33:24.224-07:00It's not all about Europe. There is deep pessi...It's not all about Europe. There is deep pessimism about the future of the American economy going forward, as Pragmatic Investor alludes to. <br /><br />Republicans want to maximize fear and loathing of the Administration's performance handling the economy while investment consultants want to boost optimism to lift markets. <br /><br />The fear argument is winning.Johnhttps://www.blogger.com/profile/06365403570563730880noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-9472794707271931252011-09-22T14:19:11.901-07:002011-09-22T14:19:11.901-07:00The problem is that when you see it, everyone on t...The problem is that when you see it, everyone on the street sees it. I mean main street, not wall street. US poverty rate is at 17 year high. That's not what economic recovery is made of. The rise in leading indicator is all due to M2 increase which is caused by flight to safety. Removing M2 supply, LI is actually down 0.4% versus up 0.3% from last month. Bloomberg's earnings Pragmatic Investorhttps://www.blogger.com/profile/08952759176339628535noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84167061356824175192011-09-22T14:08:02.518-07:002011-09-22T14:08:02.518-07:00This comment has been removed by the author.Anonymousnoreply@blogger.com