What Just Happened?

[DrStool]

I think it's common among TV anchors. They go away on vacation, or switch networks, and reappear younger and better looking.

[Takachi]

I think it's common among TV anchors. They go away on vacation, or switch networks, and reappear younger and better looking.

 

 

Melissa Theuriau breastfeeding on the French AM news show is beyond whats fair in broadcasting. If I could get French TV I'd have to give up the internet just in case she showed up.

:rolleyes:

[cwd]

Which makes me think there my be a surprise in the opposite direction

 

It will be interesting to see how the folks managing UNG try to stick save that ETF.....other offshore Natty markets?....OTC Natty swaps?

 

This observer will be watching closely

 

 

There probably will be a big move up, but over time it will roll to Zero.

[cwd]

That`s what I thought . . .

 

 

That sounds like a good investment.

[cwd]

The Banksters never give up on finding new ways to get in your pocket.

 

Citigroup to Initiate New Annual Fees on Some Credit Cards

By APARAJITA SAHA-

Citigroup Inc. is instituting annual fees on some current credit-card accounts in an attempt to offset strict new legislation that could dent its profits.

 

The move comes on the heels of several warnings from the banking industry, which has said that issuers would be forced to rewrite the playbook on plastic because new credit-card laws would take a bite out of their income.

 

These laws include new limits on interest-rate increases on existing balances and greater disclosures.

 

Typically, annual fees are associated only with cards that offer generous rewards programs. In recent years, few issuers have risked losing market share by charging annual fees across the board.

 

Now, Citigroup's attempt to charge annual fees?€”perhaps the first time a large card lender has used such fees in response to the legislation?€”will be watched closely by competitors.

 

Card lenders are seeking ways not only to offset the effect of the legislation, but also to cope with growing losses stemming from souring credit-card loans.

WSJ

[cwd]

Nouiel Roubini and Andy Xe seem to be on the same page.

 

Another reason to fear a double-dip recession is that oil, energy and food prices are now rising faster than economic fundamentals warrant, and could be driven higher by excessive liquidity chasing assets and by speculative demand. Last year, oil at $145 a barrel was a tipping point for the global economy, as it created negative terms of trade and a disposable income shock for oil importing economies. The global economy could not withstand another contractionary shock if similar speculation drives oil rapidly towards $100 a barrel.

 

In summary, the recovery is likely to be anaemic and below trend in advanced economies and there is a big risk of a double-dip recession.

FT

[cwd]

Who is left?

 

The Big Picture

 

Interesting results of Merrill’s Monthly Manager Survey: It seems that most managers are very upbeat about the economy and the state of corporate health:

 

• Cash balances plunge to 3.5%, lowest since July’07;

 

• Highest equity allocation (34% from 7%) since Oct’07;

 

• Bond allocation (-28% from -12%) lowest since April’07.

 

• Tech (28%) is the most favored sector everywhere;

 

• 75% believe the world economy will strengthen in the coming 12 months (highest reading since November 2003 and up from 63% in July).

 

• 70% of the panel respondents expect global corporate profits to rise in the coming year, up from 51% last month.

 

• Confidence about corporate health is at its highest since January 2004

 

While I keep hearing about cash on the sidelines,. the professionals seem to be “All In.”

 

>

[cwd]

There are going to be some dissappointed Old Timers

 

 

Social Security: No Increase to 2010 Benefits or Maximum Contribution Base

by CalculatedRisk on 8/23/2009 11:34:00 AM

For something a little different ...

 

For the first time since the automatic cost of living adjustments (COLA) were adopted in 1975, Social Security benefits will not increase in December 2009. This also means the contribution base (currently $106,800) will not increase in 2010.

 

There is also a reasonable chance that there will be little or no increase in benefits in 2011 (starting in December 2010).

 

 

CR

[jickiss]

jickiss is back!

 

 

 

jickiss is back!

 

 

and, of course the recent post of your jickiss was not really that easy to comprehend, at least, not on its Face. It was meant to be derivative. just like all the Deriviatives out there, they can be given any value that pleases you, unless you want to get paid real cash. GS, it has been said, got paid real Coin for certain AIG derivative bets. Is this actually TRUE?

 

Meanwhile, of course, the Sheeple have not gotten very much, have they? There were some payments to Social Secruity Beneficiaries, earlier this year, and there was Clunker Money for them with the right clunkers. But the clunker had to run, and it had to be insured for 12 months prior to its being sacrificed...and there is something like $8,000.00 available, it has been said, for First Time Home Buyers if their Adjusted whatever income is $75,000.00 or less, which ends around November, 2009.

 

But all in all, it is Very Clear that da Feed is interested in Saving Bonks.

 

then, to make matters worse, here is a recent Snipped from ZH. your jickiss will not fowl the electrons here with their hyper-link, but here is the snippet. It actually is quite good, in the up-pinion of your jickiss:

 

Fair use snippet, Tyler, Fair is Fair, you must agree!: "If the mass of the foreclosed and unemployed might dream of torches and pitchforks on Wall Street and K Street for 30 years anyone who has gained wealth by the managed inflation of financial assets has benefitted from the model which GS represents. That includes every member of every elite in American and the Western World. The alternative,as Paulson suggested that September night in the Capital is the end of that world."

 

True. But you all knew this to be the case. Bedrock jickiss Opinion is that the present financial crisis, and the developing Crisis in the So Called Real Economy, are both merely managed events whose Main Purpose is now Hidden by a few from the most.

 

Thimk!

 

finally, for the second try, Tanks to TD for the earlier link to the New York Times Article about the Troubles (financial) for many who were at the top. Do know and realize that Unless you have, this evening, $10,000,000.00 or more LIQUID, you are really poor, and you may thimk of yourself as a Poor Thing?? Of couse Doc is Right, and all that matters is making money via trading (unless you can pull off the inheritance deal, the lottery deal, or the marry it deal). Of course the Becks of this world have been placed to polarize, but so too were the Founders. Thimk!

 

Let's just all get to the Acres of Diamonds, where we deserve to be.

 

TJ, she seems to be getting ready to address the point, no?

[Jetlag]

Hey Jick, I like politically incorrect people, but Beck is just a dumb fock.

[Jetlag]

Who is left?

 

The Big Picture

 

Interesting results of Merrill’s Monthly Manager Survey: It seems that most managers are very upbeat about the economy and the state of corporate health:

 

• Cash balances plunge to 3.5%, lowest since July’07;

 

• Highest equity allocation (34% from 7%) since Oct’07;

 

• Bond allocation (-28% from -12%) lowest since April’07.

 

• Tech (28%) is the most favored sector everywhere;

 

• 75% believe the world economy will strengthen in the coming 12 months (highest reading since November 2003 and up from 63% in July).

 

• 70% of the panel respondents expect global corporate profits to rise in the coming year, up from 51% last month.

 

• Confidence about corporate health is at its highest since January 2004

 

While I keep hearing about cash on the sidelines,. the professionals seem to be “All In.”

 

>

 

OTOH

 

"Sheep gets slaughtered

This is an open message to American Fund Managers among whom there are many smart successful ones who were able to protect their clients or profit during the big plunge. This letter is obviously not intended for them. However this goes to the majority of American Fund Managers, who failed and lost tremendous amount of wealth of their clients during the crash of 2008."

 

http://xtrends.blogspot.com/

[Jorma]

There is only one question and it is one that has been asked off and on since 1983. Is there any limit to how much the US Treasury can borrow at or below the long term real rate somewhere between 2% and 3%. Or to put it another way is there any way the supply can overwhelm the demand?

 

As far as I can tell the US Treasury has never found that limit. Volker intentionally cracked that limit and we were above it at the start of the stated period, and we recovered from it. We don't have that luxury now I don't think. That's a pretty good record. A record hard to bet against.

[jickiss]

jickiss is back!

 

 

 

jickiss is back!

 

for sure, dumb is as dumb does (or says),

BUT

Once somebody goes out into the public realm, as do the pols, or the top dogs at the public companies,

or the Stars or the wanna be Stars,

or even Well Know Bloggers,

even if they be anon,

 

well, can these denizions of the Free and Open Spaces of the internet, or the TV, or Movies, or Magazines, or newspapers, or whatever

 

really be defamed???

 

for instance, if somebody said that your jickiss was a Dumb &%#%@* _____, well it sure is True, as your jickiss is a poor thing with less than that magic $10 million tonight. If your jickiss actually had $10 million liquid, well, maybe then your jickiss could get a bit incensed at the remark, by example, above, but how could that be Defamatory? How can anything be Defamatory, when the Late Great Joe Kennedy said that all Publicity is Good?

 

can some Model really be Defamed by an anon Blogger that says that the Model was a cheap Ho, or whatever, when the Model wants to look like one, maybe, or just does, naturally? come on, judges, get a new Bench cushion! In other words, If you want to live by Fame, well, just expect to die by it, but maybe Fame will make you rich.....what is the Big Deal??????

 

this case linked below is very interesting....Tyler, are they gonna Shake your Tree and make you fall onto the Lawn?

 

click, and read all about Poor Thing Innocent Sweet MODEL!

 

http://finance.yahoo.com/news/Outed-blogge...ml?x=0&.v=2

[Jimi]

Wow.

[Ags Nightmare]

I think it's common among TV anchors. They go away on vacation, or switch networks, and reappear younger and better looking.

 

Doc, Not true......Whiskey Haines went away a while ago to get some work done on his choppers and came back looking like this...

 

 

 

Looks like P and G is gonna be the Tony Dow Jones goose stock tomorrow for the Monday flag pole rally. Sold of some drug biz for 3 billion. May be time to start taking a pole naming our new bubble. Expect more "Convict Buy" recommendations with raised price targets every day from "The Family".