tag:blogger.com,1999:blog-6616959642391988608.post4195505288374400254..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Bloomberg, watch your charts!Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-86212839999933314042020-02-17T23:46:26.533-08:002020-02-17T23:46:26.533-08:00NormanB: re the equity risk premium. Today’s premi...NormanB: re the equity risk premium. Today’s premium is relatively high, just as it was in the late 70s and early 80s. Back then would have been a fantastic time to turn bullish on equities, because the high premium reflects a lot of bearish sentiment that late proved mistaken.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-16393192615999390252020-02-06T17:27:23.629-08:002020-02-06T17:27:23.629-08:00But that's not been the case, at least to judg...But that's not been the case, at least to judge by things like capital goods orders and gross private investment, all of which suggest that business investment has been lackluster.---SG<br /><br />If a US-based company invests in plant and equipment offshore, is that counted as gross private investment in the domestic count, or not? <br /><br />As Scott Grannis has pointed out, these are the Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-57207532074320919342020-02-05T10:22:58.524-08:002020-02-05T10:22:58.524-08:00Re "How do those charts jibe with the reduced...Re "How do those charts jibe with the reduced business investment from trade related uncertainties?"<br /><br />That's an excellent question, because one would think that with the huge increase in consumer sentiment and small business optimism there would be a similar increase in business investment. Moreover, since corporate profits have been exceptionally strong relative to GDP Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-5337775281510284822020-02-05T05:32:32.970-08:002020-02-05T05:32:32.970-08:00I've been a Trump critic for the duration. I&...I've been a Trump critic for the duration. I've argued that any actions / "decisions" that worked out for him are pure coincidence or luck, lacking any evidence of understanding or strategy. But my God, the man's survival and opportunistic instincts are stunning. He has without a doubt come out of impeachment stronger and has the opposition running in horror to an 80 yearrandyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-24472235399542620782020-02-04T17:32:03.284-08:002020-02-04T17:32:03.284-08:00I do not know why Bloomberg wants to be president....I do not know why Bloomberg wants to be president. Trump had reasons to be president, those being lower taxes on business, control of illegal immigration (which harms America's employee class) and getting out of the Middle East.<br /><br />I am disenchanted with Trump's inability to withdraw the United States from fantastically expensive yet counterproductive Middle East entanglements. <Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14111522421054467222020-02-04T13:39:26.531-08:002020-02-04T13:39:26.531-08:00How do those charts jibe with the reduced business...How do those charts jibe with the reduced business investment from trade related uncertainties? Is it the tax cut? Long time reader, first time commenting. Thank you RickDadhttps://www.blogger.com/profile/04027952547467770377noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55463707995537635252020-02-04T13:02:47.362-08:002020-02-04T13:02:47.362-08:00If height matters, he'll never catch up to Tru...If height matters, he'll never catch up to Trump. Fredhttps://www.blogger.com/profile/16903149440854167071noreply@blogger.com