tag:blogger.com,1999:blog-6616959642391988608.post4671909871007935712..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Diesel trucking activity has slumpedScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-9621335305923881782010-11-10T19:36:13.516-08:002010-11-10T19:36:13.516-08:00What is the mechanism to get more money into the h...What is the mechanism to get more money into the hands of the vast majority of consumers? I don't see any. <br /><br />QE2 hasn't done anything for me besides push up gas prices.Johnhttps://www.blogger.com/profile/06365403570563730880noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-70441199166980428392010-11-10T05:53:01.461-08:002010-11-10T05:53:01.461-08:00Trucking companies themselves are moving more and ...Trucking companies themselves are moving more and more long-haul to rail. FedEx is beginning to use more rail in its trucking service. Same with other truckers. Rail is taking share from truckers as the reliability of rail has increased dramatically and producers are using rail more, locating production facilities next to rail lines. That's why the weekly rail numbers have been hitting M Millerhttps://www.blogger.com/profile/05762326550608359675noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-39598741543117113362010-11-09T11:32:56.626-08:002010-11-09T11:32:56.626-08:00If you have owned gold since the 1970s, perhaps yo...If you have owned gold since the 1970s, perhaps you have made money, and personally, I hope you have.<br /><br />If you have owned gold since the late 1980s, you are still down.<br /><br />In either event, you missed out on epic stock market rallies, or great income from bonds and dividend-paying stocks. <br /><br />Anyone who bought California real estate in the 1970s is wildly rich now and got Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12720798330171960692010-11-09T11:23:32.803-08:002010-11-09T11:23:32.803-08:00Benji,
Just as with any business, throwing money ...Benji,<br /><br />Just as with any business, throwing money at a problem rarely solves it.<br /><br />The problem is not with the supply of dollars as Scott and so many others have rightly stated. The problem is not with too little JPY either.<br /><br />The market has enough money in circulation to conduct transactions at any velocity it so chooses. Choice is the operative word. We do not have aPublic Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-7070298764166729932010-11-09T11:12:11.337-08:002010-11-09T11:12:11.337-08:00This comment has been removed by the author.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-10847164550638411412010-11-09T09:59:40.201-08:002010-11-09T09:59:40.201-08:00"US wholesale inventories jumped more than ex..."US wholesale inventories jumped more than expected in September as demand failed to keep up with production, suggesting output will remain soft as wholesalers try to trim stocks of unsold goods."<br /><br />This is a weak recovery. Need more juice from the Fed. Yes, I want structural improvement too--lower taxes, regs--but for now what we have is the Fed. They need to gun the pressesBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-3946589220298791352010-11-09T09:48:37.763-08:002010-11-09T09:48:37.763-08:00PL-
Milton Firedman said that low interest rates,...PL-<br /><br />Milton Firedman said that low interest rates, contrary to intuition, are a sign that money has been tight for a long time. <br /><br />Lenders have low inflationary expectations.<br /><br />When asked for advice by Japan in the late 1990s, when they faced low interest rates and deflation, he told them to print lots more money, and to not stop until they had inflation. They did not Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-88304292028904045152010-11-09T09:47:57.246-08:002010-11-09T09:47:57.246-08:00Scott:
The data is all over the place, which usua...Scott:<br /><br />The data is all over the place, which usually means...strong likelihood of growth. This morning's figure for inventories was not good. <br /><br />After QE2 the market is focusing on other issues -- such as Europe which is not a pretty place right now. The American economy is on the edge of recovery, but external events may cause greater impact on the market. <br /><br />Frozen in the Northhttps://www.blogger.com/profile/04901959687094626879noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-5708764788281905792010-11-09T09:40:26.314-08:002010-11-09T09:40:26.314-08:00Gold is not a bubble? But oh, the anti-QE'ers ...Gold is not a bubble? But oh, the anti-QE'ers say that QE will lead to an asset bubble--such as in gold.<br /><br />But magic gold is different? <br /><br />Maybe so. After all, gold is still only about 2/3rds of highs it reached in the late 1980s. That translates into 20+ years of being a money-losing investment. <br /><br />And Chinese and Indians (2.5 billion people) are buying gold for Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29965815383259844802010-11-09T09:26:40.041-08:002010-11-09T09:26:40.041-08:00Benji,
Please read this quote and absorb.
"...Benji,<br /><br />Please read this quote and absorb.<br /><br />"Indeed, tight credit during uncertain economic periods is usually a positive signal that failed economic concepts are being starved of capital so that they're no longer able to destroy it. <br /><br />High rates of interest aren't scary as much they're a symptom of previous mistakes, and they're essential for Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82621450665659661362010-11-09T09:16:47.002-08:002010-11-09T09:16:47.002-08:00Scott,
Gold is going ballistic. At what point sho...Scott,<br /><br />Gold is going ballistic. At what point should we start to worry?<br /><br />I personally do not think it is a bubble. The global dynamics at play could not be any more different than in the 70's/80's.<br /><br />We are now globally saturated in debt and the printing presses have run unabated for 3 decades around the world.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.com