I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Schedule for Week of November 17, 2024
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The key economic reports this week are Housing Starts and Existing Home
sales.
For manufacturing, the November Philly and Kansas City Fed surveys, will be ...
Dr. Strange Move or How I Learned to Love the Bill
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After a couple of years of disinflation, the Fed changed directions and
started lowering rates. By most measures, the economy had been humming
along near a...
NVIDIA Revisited
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On August 26, 2023, 5 days before it a new closing hi at 493.55, I wrote a
critical post about NVDA - the stock, not the company. After that, the
stoc...
Stay away from popular tech stocks, part II
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Last August, I wrote a blog post arguing that largest technology and
internet companies -- Amazon, Apple, Facebook, Google, Microsoft -- would
never grow i...
Updating the HF Indicators
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I posted this over on Seeking Alpha.
Not much good seems to be happening, and I am concerned about the low pace
of construction and a likely end to the sho...
Yes, Well, It's Still a Friday Night
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I doubt anyone is still reading the old stuff, but I have a quiet Friday
night and figured, why not a Friday Night Rock Blog?
I found this one recently (...
Is there enough liquidity in the system? I don't know. Let me check the pool. It seems okay. No, maybe not. Are those bubbles? How am I supposed to know? Maybe I should cut interest rates? Or maybe I should raise them? Hello? Anyone? Oh, crap. Let me check the pool again. Hold on. I think I see something. Looks like me. Oh, wait. Might be my reflection. Is this all just an illusion? I better do something. Or would it be better to do nothing? This job is so hard. I touch the pool and the outlook changes. Is it supposed to do that? Has anyone ever done this before? Say what? I'm in charge? How did that happen? I better check the pool again. Do I get in the pool? I'm not sure. What if I can't get out? This job is so frustrating. F%^k it! I'm raising rates. No, I'm cutting them. Crap. Maybe I should just keep monitoring the situation. I know. I'll check the pool again. Maybe something has changed.
5 comments:
Bark pools.
Hahaha! Nice. :)
Central bankers aren't really that cute, but I think you've got the intellectual process pretty much mapped out.
PS: This is transcendingly brilliant. I bow before the master.
Maybe they are born cute and the central banking process turns them into ivory tower monsters? ;)
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