Comments on: Decorating Macy’s for the Holidays http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Fri, 12 Mar 2010 22:45:26 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: Onlooker from Troy http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237382 Onlooker from Troy Thu, 26 Nov 2009 17:41:53 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237382 "@Marcus: Why do you want to see the demise of the FRN? " Because that's the way he's positioned; duh! :) I would echo your sentiment Steve. This looting and pillaging has to stop somehow. “@Marcus:

Why do you want to see the demise of the FRN? ”

Because that’s the way he’s positioned; duh! :)

I would echo your sentiment Steve. This looting and pillaging has to stop somehow.

]]> By: How the Common Man Sees It http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237342 How the Common Man Sees It Thu, 26 Nov 2009 13:49:01 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237342 @Darkness <i>Love and addiction have some fine lines in there.</i> Very astute. I suppose the difference is the net benefit, tangible or otherwise @Darkness

Love and addiction have some fine lines in there.

Very astute. I suppose the difference is the net benefit, tangible or otherwise

]]> By: Steve Barry http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237339 Steve Barry Thu, 26 Nov 2009 13:32:40 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237339 It seems the Dubai story is causing some ripples while the US stuffs our faces...remember: The US is at 375% debt to GDP...unprecedented. I estimate that we should realistically be at 150% max, which meawould equate to 21 Trillion in debt. That means there is $30 Trillion in excess debt in the US alone. I further hypothesize that globally, the number must be $50 Trillion. The Dubai story is just the start. That and a few stories of a weak Black Friday ought to take the Dow down a peg or two. It seems the Dubai story is causing some ripples while the US stuffs our faces…remember:

The US is at 375% debt to GDP…unprecedented. I estimate that we should realistically be at 150% max, which meawould equate to 21 Trillion in debt. That means there is $30 Trillion in excess debt in the US alone. I further hypothesize that globally, the number must be $50 Trillion. The Dubai story is just the start. That and a few stories of a weak Black Friday ought to take the Dow down a peg or two.

]]> By: Steve Barry http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237337 Steve Barry Thu, 26 Nov 2009 13:25:23 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237337 @Marcus: Why do you want to see the demise of the FRN? That would hurt the little guy and give CB's more reason to take control of us. The rise of the dollar will ruin their master plan and maybe lead to the demise of the Fed itself. My logic: Fed wants dollar to tank to pay off debt in cheap paper...therefore it musty be better for dollar to rise...will also bring price of gas and imports down for us little people. @Marcus:

Why do you want to see the demise of the FRN? That would hurt the little guy and give CB’s more reason to take control of us. The rise of the dollar will ruin their master plan and maybe lead to the demise of the Fed itself. My logic: Fed wants dollar to tank to pay off debt in cheap paper…therefore it musty be better for dollar to rise…will also bring price of gas and imports down for us little people.

]]> By: Darkness http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237327 Darkness Thu, 26 Nov 2009 07:20:42 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237327 sakhalinsk, Whoo hoo! Imagine interest rates at zero. Free money for all! As much as you want! But it's not a bubble, we're really confident about the future. Yay! Learning from the past is often touch and go, but learning from the present is usually a little more common. Good luck with that, Oz. Common man, Love and addiction have some fine lines in there. sakhalinsk,
Whoo hoo! Imagine interest rates at zero. Free money for all! As much as you want! But it’s not a bubble, we’re really confident about the future. Yay!

Learning from the past is often touch and go, but learning from the present is usually a little more common. Good luck with that, Oz.

Common man,
Love and addiction have some fine lines in there.

]]> By: How the Common Man Sees It http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237325 How the Common Man Sees It Thu, 26 Nov 2009 06:09:44 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237325 You should have snapped some pics for those of us on the other side of the world. From America's hat to Canada's pants happy thanksgiving! BTW, you know you love what you do when you get mad because you can't do it during holidays. For me that is trading so I guess it is good that I have found something I love to do ;) You should have snapped some pics for those of us on the other side of the world.

From America’s hat to Canada’s pants happy thanksgiving!

BTW, you know you love what you do when you get mad because you can’t do it during holidays. For me that is trading so I guess it is good that I have found something I love to do ;)

]]> By: Marcus Aurelius http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237323 Marcus Aurelius Thu, 26 Nov 2009 05:53:08 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237323 Steve Barry Says: Happy Thanksgiving y'all. I'm with SB on two-thirds of his wishes for the future — peace, good health and the demise of the Federal Reserve Note. Steve Barry Says:

Happy Thanksgiving y’all. I’m with SB on two-thirds of his wishes for the future — peace, good health and the demise of the Federal Reserve Note.

]]> By: sakhalinsk http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237321 sakhalinsk Thu, 26 Nov 2009 05:41:07 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237321 Wow. You guys should be in Australia... All the Malls are booming - you can hardly move! Apparently the Australian consumer can handle more consumer debt than the average joe. Which is good, as a 1/3rd of them are planning on buying property in the near term. http://www.theaustralian.com.au/business/markets/australian-economy-is-new-upswing-after-18-years-of-expansion-says-upbeat-rba/story-e6frg926-1225803729121 http://www.news.com.au/business/story/0,27753,26404187-31037,00.html Astonishing. (Happy Thanksgiving) Wow. You guys should be in Australia… All the Malls are booming – you can hardly move!

Apparently the Australian consumer can handle more consumer debt than the average joe. Which is good, as a 1/3rd of them are planning on buying property in the near term.

http://www.theaustralian.com.au/business/markets/australian-economy-is-new-upswing-after-18-years-of-expansion-says-upbeat-rba/story-e6frg926-1225803729121

http://www.news.com.au/business/story/0,27753,26404187-31037,00.html

Astonishing.

(Happy Thanksgiving)

]]> By: sjankis630 http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237319 sjankis630 Thu, 26 Nov 2009 04:19:04 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237319 GB, maybe some of those people have just stopped paying their mortgages all together and are just banking the money. I hear that is all the rage. I know a couple of professionals here in Nothern VA who haven't paid their mortgages for over 6 months. No foreclosure from their lenders yet so it sounds like a nice Christmas for all! GB,
maybe some of those people have just stopped paying their mortgages all together and are just banking the money. I hear that is all the rage. I know a couple of professionals here in Nothern VA who haven’t paid their mortgages for over 6 months. No foreclosure from their lenders yet so it sounds like a nice Christmas for all!

]]> By: GB http://www.ritholtz.com/blog/2009/11/decorating-macys-for-the-holidays/comment-page-1/#comment-237317 GB Thu, 26 Nov 2009 04:07:44 +0000 http://www.ritholtz.com/blog/?p=44784#comment-237317 Things are busy out here in Chi-town malls too well at least the burbs. Looks like people are sick of saving or paying down the mortgage Things are busy out here in Chi-town malls
too well at least the burbs. Looks like people are sick of saving or paying down the mortgage

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