But did I, or did I not write in Monday’s column that “…The futures were up about a hundred on the Dow when I looked, but by Friday, says our model, we should be flat to down a tad for the week”?
Well, sure as Sheboygan, the Dow rose smartly on Monday about 125 points. But since we like to hang around infallible, the Dow Futures are pointing down…um…lemme see here…down 232 points.
This should be on our way to an ideal decline this week of what?
(Don’t rush me, I’m an old man…)
To about S&P 1,926 by the close Friday. Plus or minus a stick of chewing gum, or a cheeseburger, depending on which one fits best at Miller Time Friday.
As long as we’re in the “Told you so” mode, we might as well keep going.
Remember our source (“the talon”) who said his read of the numbers as a high-powered fixed income guy – was that the Fed looks like instead of raising rates, they would roll with another quantitative pleasing to pump up the Street?
Quick! Look surprised as John Stepek wonders “What if the Fed’s next move is to print more money?”
Well, yes, that’d be along the lines of a QE-4, and we’re good with that, since we already know the markets will light off in…nope…that’s in the Peoplenomics bailiwick, but you get the idea.
If there is one job I curse myself for not pursuing as a young man, it was planning to grow up and be the guy who sells the specialized inks to the U.S. Treasury.
That should have been a slam-dunk Big House on Long Island, for sure.
Japan was down 2% last night, China is alive, and Europe is trtying its best to drop 3%.
My wild-ass investment idea of the day is thus this one which I figure should cause the phone to ring off the hook with job offers for the rest of the week:
How about I start a hedge fund that invests only in countries that have strong borders and sound immigration policies?
Here’s the initial position: I would be shorting most of Europe right now, America would be a hold, and island nations which people would have to swim to (like Australia which is wisely shutting up on the military-aged me from Muslim countries) would be longs.
I would also be long countries that we losing the riff-raff. So long Mexico, Central America, and so on.
All because, as any damn-fool-conspiracy-nut should be able to figure out (I mean besides me) is that with the PanaMex highway deal coming, and with the Ultra-Rich having already bought up most of the land along the best beaches, and such, the reason for walking immigration is to lower the population, drop prices one last time, and move as many criminals to the USA as possible.
This gives the PANAMEX corridor people all the more opportunity, provides millions in future corporate prison inmates to the USA, which will justify even more H1-b visas for Nigerian prison workers.
You see? It all fits together in a unique (sick and twisted) sort of way.
“Think like a Ruler!” is what I’m always reminding Elaine. Everything is a business model and we are all ruled…
All that remains is for (*the Mexican state of) Quintana Roo to put gambling in from Cancun down to its southern end and presto! The new megalopolis of the rich. Complete with water features and antiquities. How does it get better?
Headlines like how the “Pope brings tough love to America” lead me to suggest that the Vatican start accepting more refugees.
He’s welcome to pack up his “tough love” stuff and take it with him. We have enough problems, and most start at the top…not with the silent majority.
Yes, the scandal with [we have to say alleged] pollution fibbing is widening and now involves 11-million cars.
I’m still looking for a low priced VW Thing, by the way, if you happen to run across one in good condition. Love ‘em.
Cruz believes the 10th Amendment leaves gay marriage decisions to the states, apparently, and that didn’t set well with the 3.8% of the population that is impacted by the issue. A loud percentage, I will give you that.
Mark my words, this is an up and…er…cumming issue.
Don’t listen to me, though. I already been told I can be replaced by a battery powered device.