Well, good Saturday morn to y’all. Its been a while since I posted a weekend linkfest, end of Summer vacation, and travellin and all.
Here’s a few items which have been on me mind recently:
• Interesting pair of charts from Rydex, looking at the history of secular markets. Fascinating stuff, it implies that we are early in a 10-15 cyclical period that won’t make much progress. However, even within cyclical markets (i.e., DJIA 1966 – 1982), there are still significant Bull and Bear moves.
• Except for Inflation, there’s no Inflation — To reach that awkward conclusion, you must engage in a sleight of hand . . . the trick is to back out all of the inflationary data from the CPI, and PPI. Voila! No inflation.!
• Some home-owners are saving big bucks with The 6 Percent Solution
(Hint: It ain’t good for Real Estate Agents)
• Gasoline Futures have returned to Pre-Katrina levels; why then, haven’t your local gasoline prices?
• Amongst all the Katrina related mayhem, a Census report slipped out. While the rise in poverty made front page news, almost unnoticed were two facts: the Middle class is shrinking, and the Ultra-Wealthy conitnue to grow wildly: The Disconnect and Economic Classes
• A pre-Katrina Manpower survey finds "Employers remain cautious about hiring."
• A thought provoking financial blog: THE CUNNING REALIST
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.