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