tag:blogger.com,1999:blog-6616959642391988608.post9026102923217710204..comments2024-03-18T13:22:06.536-07:00Comments on Calafia Beach Pundit: Strong retail salesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-6616959642391988608.post-65886312522664852042012-04-18T05:49:36.675-07:002012-04-18T05:49:36.675-07:00It is beyond laughable how the Census Bureau colle...It is beyond laughable how the Census Bureau collects this information...<br /><br />Paper ballets and only 5000 businesses in this projected survey?<br /><br />Why is the Department of Census collecting business data in the first place?Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-78059587299569227302012-04-17T23:00:55.324-07:002012-04-17T23:00:55.324-07:00Hi Scott,
What do you say about Bidermans's v...Hi Scott,<br /><br />What do you say about Bidermans's view on this?<br /><br />http://www.youtube.com/watch?v=GzBrJQK010Q&feature=digest_tueterexhttps://www.blogger.com/profile/13878600108197052363noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42151602881852099792012-04-17T22:49:28.410-07:002012-04-17T22:49:28.410-07:00This comment has been removed by the author.terexhttps://www.blogger.com/profile/13878600108197052363noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-44367147611883152672012-04-17T20:01:48.729-07:002012-04-17T20:01:48.729-07:00Good point, Baseball, as their farmers prosper due...Good point, Baseball, as their farmers prosper due to high comod prices...<br /><br />It is such a beautiful and God blessed nation, which manages to soil itself on an annual bases...<br /><br />It is just more proof that socialism is a verifiable human disorder and needs to be humanly treated...Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-60457754980565862562012-04-17T19:48:04.918-07:002012-04-17T19:48:04.918-07:00DO NOT TRUST the economic reports coming from the ...DO NOT TRUST the economic reports coming from the Federal government.<br /><br />http://globaleconomicanalysis.blogspot.com/2012/04/trimtabs-blasts-retail-sales-report.htmlHanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87507704350496475982012-04-17T07:06:07.832-07:002012-04-17T07:06:07.832-07:00Hans-
Last I checked Argentina exported a helluva ...Hans-<br />Last I checked Argentina exported a helluva lot of soybeans and grain. In fact, Argentine farmers "save" in terms of soybeans. Paper money can be counted on to lose value, so they store up soybeans, which keep for a relatively long period, and when they need a little liquidity, they sell some. This is how they preserve their purchasing power.Donny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-57718508817734376392012-04-16T21:08:55.983-07:002012-04-16T21:08:55.983-07:00The saving rate has all but collapsed; going from ...The saving rate has all but collapsed; going from 8 to 3%..<br /><br />http://globaleconomicanalysis.blogspot.com/2012/04/real-consumer-credit-story-virtually-no.html<br /><br />Is it any wonder that Argentina is so close to the South Pole...<br /><br />Its biggest export is soccer and a few head of cows...Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42950016737465343052012-04-16T20:00:08.875-07:002012-04-16T20:00:08.875-07:00Donny: Indeed very sad about Argentina. This is li...Donny: Indeed very sad about Argentina. This is like a watching a slow-motion train wreck. It can only end badly, and of course those who will suffer the most are the poor and middle class. <br /><br />My friends in Argentina tell me that Cristina Kirchner is so bad that they are missing her husband Nestor (who was pretty bad himself). <br /><br />We will be in Argentina Thursday morning and I Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-36247632744269361102012-04-16T19:36:51.668-07:002012-04-16T19:36:51.668-07:00Great stuff Scott! On another note, a very sad da...Great stuff Scott! On another note, a very sad day today for average Argentinians as their government has descended down one more ring in Christina's Peronist hell. Maybe two rings. If you had to imagine the worst stunt that she could pull, you'd come up with the expropriation of a company like YPF. <br /><br />So sad.Donny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67897544332891685802012-04-16T18:16:13.715-07:002012-04-16T18:16:13.715-07:00Re my use of semi-log scales. I find these very us...Re my use of semi-log scales. I find these very useful because the slope of a line plotted on a semi-log scale is equal to the rate of increase. So the straight line rise in real retail sales on this chart tells you quickly that the rate of growth has been relatively constant since the end of the recession.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-10444469908032617472012-04-16T17:58:50.917-07:002012-04-16T17:58:50.917-07:00The Empire State Index is very volatile and not re...The Empire State Index is very volatile and not relied upon by many economists. That said, some aspects of the index were positive (including the headline number which still shows growth) and the futures expectation component was quite positive. The ISM is much more important. If that shows a lot of weakness over a period of time then I'd be more worried.Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-8553874155929717332012-04-16T17:53:35.216-07:002012-04-16T17:53:35.216-07:00Agreed. This is great for now. However the twin ...Agreed. This is great for now. However the twin hurdles that will be encountered to slow this growth rate will be the expiring Bush tax cuts and the increased tax hit to pay for Osama Care.sturdeebeggarhttps://www.blogger.com/profile/12157432070215514347noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-44315564132677424642012-04-16T17:06:55.921-07:002012-04-16T17:06:55.921-07:00I like seeing this number accelerate! Now: Howe ...I like seeing this number accelerate! Now: Howe about a comment on Apple's swoon?Mezzoduomohttps://www.blogger.com/profile/10593991191434670774noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-3841772304832381362012-04-16T16:05:00.100-07:002012-04-16T16:05:00.100-07:00you always use semi log but never explain whyyou always use semi log but never explain whymarcusbalbushttps://www.blogger.com/profile/13596266889368486043noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38226580710664499582012-04-16T15:45:53.912-07:002012-04-16T15:45:53.912-07:00I know we're all looking for good news, but wh...I know we're all looking for good news, but why no comments on the disastrous Empire State Manufacturing Index that was also released today. As the owner of a small manufacturing company who has seen a marked slowdown in recent weeks, I am gravely concerned about this news.RichmondG30https://www.blogger.com/profile/15406119391866964600noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-58918076915820430572012-04-16T14:35:43.088-07:002012-04-16T14:35:43.088-07:00Nice blogging, solid all the way through. I hope r...Nice blogging, solid all the way through. I hope retail is indicative of the larger economy. Some indicators look shaky lately.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-78691146008746387282012-04-16T13:19:22.749-07:002012-04-16T13:19:22.749-07:00Withholding tax receipts are up 5.85% y-o-y above ...Withholding tax receipts are up 5.85% y-o-y above the comparable weeks last year for the past 5 weeks, and up 6.57% the past 4 weeks. These are very good numbers, and is easily the strongest showing for a BLS reporting period this year.<br /><br />If auto sales come in close to or above 15 million SAAR this month, expect a very good April jobs report.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27060960091083796302012-04-16T13:17:27.631-07:002012-04-16T13:17:27.631-07:00This comment has been removed by the author.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84347536969850768582012-04-16T12:47:22.148-07:002012-04-16T12:47:22.148-07:00Impressive, agreed.Impressive, agreed.McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38056561483324670952012-04-16T12:10:54.617-07:002012-04-16T12:10:54.617-07:00But is it vulnerable to the European meltdown ?But is it vulnerable to the European meltdown ?Robhttps://www.blogger.com/profile/16062180895899998738noreply@blogger.com