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August 21, 2015
Relax, we're about to hit the bottom in stocks: Jeffrey Saut
"I've been in this business for over 45 years and I've seen this act before," he said. "It's kind of like pornography. You know it when you see it."
Investors were told to relax this morning with talk of bottoms. Now they've got losses 3% of the way up them. D'oh! Did he pump and dump? Or did he pimp and dip? Either way, the market is like a box of pornography. You never know how #%^*ed you're gonna get.
August 21, 2015
Short seller Chanos on China: 'It's worse than you think'
"It's worse than you think."
Sticking with Jeffrey Saut's pornography theme, I'm thinking it must be obscenely bad. No, I'm going to change my answer. I think it's twice as bad as obscenely bad! That will give me a nice safety buffer.
"Whatever you might think, it's worse."
Oh, crap. Sigh. This is going to ruin my entire weekend! :(
Hold on. What am I thinking? I don't own stocks, much less Chinese ones. Never mind! I own those long-term government bonds that are so despised these days, yet continue to perform.
As a long-term bond investor, and as an owner of a parrot, I'm going to party like it's 1999 and 2007! Shake it off! Woohoo!
Realtor.com Reports Active Inventory Up 26.1% YoY
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
1 hour ago
4 comments:
You own a parrot? Pah, it's not even a Norwegian Blue!
Anyway, we've lashed out on a "new" ten year-old car. The original owner had some go-faster modifications made with consequences that are much to my wife's taste.
If we hadn't nailed it down, it would have nuzzled up to the garage doors, bent 'em open, and VOOM! Feeweeweewee!
dearieme,
Love our bird! :)
Love your 'new' car sensibility! :)
I've never had a bird. Goldfish, dog, cats and (all too briefly) baby hedgehogs, but never a bird.
And frogspawn: does that count as a multitude of pets?
dearieme,
We have found the perfect way to put an end to fish deaths in this household. Since we stopped restocking our fish tank, not one fish has died! Seriously. I'm looking over at our empty fish tank as I type this.
Birds can be a lot of fun. They can also live a very long time. We don't know how old our bird is. Probably around 20 years. We've had her about 10 and there's maybe another 10 left years to go. Big commitment.
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