Well, that was interesting! I am beginning to feel genuine empathy for equity Bears in this environment. No matter, our morning train reads will bring you up to speed:
• Lessons From the Long Bull Market: What most of us missed. (Morningstar)
• These Five BAML Maps Show the Major Global Trends Investors Need to Know: Robots, aging, food prices, political union, and stock-market value (Bloomberg)
• Fed Funds Future: September is looking more certain as liftoff date for rates (WSJ)
• The Future of Work: Why Wages Aren’t Keeping Up (Pacific)
• Understanding Causality: Did Elon Musk build that? Yeah, but he had lots of help. (BV)
Solid U.S. retail sales bolster Fed rate hike expectations
http://www.reuters.com/article/2015/08/13/us-economy-retail-idUSKCN0QI1GY20150813
What will you buy with the money you take out of stocks and reallocate to bonds over the next few years?
Oh, sorry. America’s going down the crapper, I forgot.
It’s time for Republicans to apologize to President Obama
“…Well, that was interesting! I am beginning to feel genuine empathy for equity Bears…”
One way to turn off the emotional support and start laughing at them again is to watch Rick Santelli foam at the mouth declaring his Austrian, Randian, Republican beliefs to be physics, articles if faith.
Roger Ailes to Donald Trump: ‘We resolve this now…or go to war
http://money.cnn.com/2015/08/12/media/donald-trump-roger-ailes-avert-war/index.html
Fox News Viewer, this is your “Fair and balanced leader” talking.
Report the news Fox. Stop filling people’s heads with bullshit.
News from Illinois and the Goveernor who want sot make a name for himself.
Republicans will not support distribution of Federal monies unless money for cancer screening and childhood disabilities removed.
http://chicago.suntimes.com/news/7/71/873395/sign-progress-springfield
Nice guys. GOP boys call this health spending a “poison pill”
http://www.sj-r.com/article/20150812/NEWS/150819840
Anything to Further Rauner’s career with the Tea Party.
Trump/Rauner in 2016!
China 2015 Is Not China 2010
…some liberals also used to complain about Chinese currency manipulation.
But that was a while ago — mainly in 2010. And the underlying situation has changed, a lot.
First of all, China has experienced a very large real appreciation since 2011, partly due to higher inflation than in its trading partners, …
Meanwhile, China’s domestic economy has clearly weakened, creating a clear case for looser monetary policy. ….
NB: An exchange in the comments WRT the above article adds further illumination (names and some text redacted)
Note: China does in fact have foreign currency reserves far in excess ($3T) of normal requirements. This is not surprising because China has indeed engaged in currency manipulation.
Health
The Microbes In Your Home Could Save Your Life
We live in fear of the bacteria that inhabit our homes and buildings. But our health may depend on preserving theirs.
By Rinku Patel
Posted July 7, 2015
We live in fear of the microbes that inhabit our homes and buildings, but we don’t have to.
…
http://www.popsci.com/bugged
lets not tell any one that microbes also inhabit the outdoors too. and to try top avoid them you need either go into space (where the only microbes will be in your space craft, of get a really special clean room, that you can never ever leave!)
Mike Huckabee: Flat tax will lead to 6% growth
http://www.cnn.com/2015/08/13/politics/mike-huckabee-iowa-six-percent-growth/index.html
The pastor without portfolio knows this. It is ordained! Follow the shoe!!!
https://www.youtube.com/watch?v=Ka9mfZbTFbk
Ben Carson’s tortured defense of his fetal tissue research
http://www.washingtonpost.com/news/the-fix/wp/2015/08/13/ben-carsons-tortured-defense-of-his-research-with-fetal-tissue/
LOL, the GOP hypocrites are all in tune to shut down government to end planned Parenthood.
How can anyone be so stupid as to be a GOP genuflector?
while we may think that chemicals are safe, and that they have been tested, o if they arent that companies will do the right thing and make sure they dont impact others right?
https://firstlook.org/theintercept/2015/08/11/dupont-chemistry-deception/?comments=1#comments
seems not. and this isnt a new problem, its been going on for a pretty long time. and this wasnt a fly by night company, but a major ‘responsible’ company. not
Hilarious how this naive people think Bernie Sanders is a Democrat. He’s not. He’s a socialist. Where does Socialism work? Cuba? USSR? North Korea?
Did it work when Ralph Nader ran and gave us George Bush?
And Canada, Denmark, Findland, Norway, Sweden, and the United State (with their evil social security and Medicare, and socialized spending on infrastructure and military)
http://blog.peerform.com/top-ten-most-socialist-countries-in-the-world/
its not new that corporations dont do what they should
https://firstlook.org/theintercept/2015/08/11/dupont-chemistry-deception/?comments=1#comments
it has been fatal. and in the above, ubiquitous