Friday, October 31, 2014

Halloween Carpetbaggers

WaPo: Halloween carpetbaggers expose the fault lines between the haves and have-nots
Some of the carpetbaggers are poor kids whose parents are looking for safer, more affluent streets to take their kids.

Let’s be honest here. A lot of this is about race and class, about the haves and the have-nots.

Halloween Candy Buyback

Happy Halloween


Have A Great Friday

work by Zinaida Serebriakova - Russian artist 1884 - 1967

The Borowitz Report - Midterms Prediction: Billionaires To Retain Control Of Government

Maddow - Manhunt Ends, Accused Cop Killer, Eric Frein, In Custody

TRNN - Baltimore Opens Section 8 Housing Waitlist For First Time In Decade, And One In Ten Residents Apply

The Drought

Your Digital Legacy

The ISIS War

Global Warming - Weather Channel Uproar

More Tea

The Market On Friday

  Good morning. It is a chilly 35 degrees and sunny here in the Upper Hudson Valley. A sunny day is expected. Well, after being blown out of Madison Square Garden on Wednesday night, the Knicks rallied and beat the Cavaliers last night. Sports analysts will be wondering how this occurred for the next several days. The Knicks' bench was very good and outscored the Cavaliers' bench by around 40 points. That is huge. The Cavaliers played their team of exceptional starters for an ungodly number of minutes and I suspect those guys were exhausted. Maybe there is some hope. Personally I expected the Knicks to get blown out for a second time.

  At 8:45 a.m. ET futures are significantly higher and the price of oil per barrel is down. The market is poised to open higher and more than likely energy stocks will once again take a pounding.

  Investors are pleased to see that the Bank of Japan is picking up where the Fed left off in promoting it's own further version of quantitative easing. This is rallying this morning's futures. Regardless, it's been a strange week and now we can look forward to the weekend.

Reuters: Futures rally after BOJ ramps up stimulus
"Investors have been watching for a while to see if the rest of the world would start to grow and help multinationals in the U.S.; this (BOJ stimulus) is a great step towards that..."

Sande Music

Thursday, October 30, 2014

Unprecendented

No Comment

The ISIS War

Have A Great Thursday

work by Zinaida Serebriakova - Russian artist 1884 - 1967

The Onion - Traumatized Nation Terrified To Make Its Voice Heard In Another Election

Maddow - Ernst’s Extremist Remarks Become An Issue As Election Nears

TRNN - The Stigma Of Welfare In White Working Class America

The Drought

American Apathy

Global Warming - 'Global Warming Is A Lie'

The right has been running wild with the 'great' and 'profound' news from Weather Channel founder John Coleman that global warming does not exist. Well there ya have it, wasn't that simple and easy. Now onto something more challenging. No problemo.

HuffPo: Weather Channel Co-Founder Tells Fox News Host Global Warming Is A Myth

Keep It Unreal

The Market On Thursday

  Good morning. It is 46 degrees and sunny here in the Upper Hudson Valley. Sunshine is predicted for today and tomorrow. Well last night's first game of the season was a disaster for my Knicks. It was so bad that I actually had to turn it off. The Knicks were not just bad, they were horrible. The Chicago Bulls literally ate them alive. Today they fly to Cleveland to get trounced once again in tonight's match-up. It's not our year Knicks fans, it's not our year.

  At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.

  There are so many things happening in the economic realm at the moment, one wonder how anyone can make sense of it all. Fresh third quarter GDP number came in this morning with the US economy allegedly growing at a rate of 3.5% - whatever the hell that truly means, seriously it's a very profoundly flawed measure. Nevertheless, it's a solid number. First time layoff numbers for the last week were at 287,000 which still suggests an improving job market. Then the world as always is partially collapsing under the weight of immense hubris and greed. Plus quantitative easing is now officially over. Add it all up and the weekend can't come soon enough.

CNN: Stocks: 4 things to know before the open
Investors are watching various European economic figures coming in on unemployment, inflation and consumer confidence.