source bloomberg.com
u.k. inflation quickened to the fastest pace in at least 11 years in september squeezing consumers with higher living costs as the financial market crisis curbed the availability of credit.
prices rose 5.2 percent from a year earlier the most since records began in 1997 the office for national statistics said in london today. the median forecast of 32 economists in a bloomber... [Show More]
source bloggingst ocks
dolla r falls on increased currency supply
the dollar fell early monday against the worlds other major currencies on the news as traders adjusted positions to the increased supply of dollars. the dollar fell one half cent to 1.3615 versus the euro 1.5 cents to 1.7286 versus the british pound and onethird yen to 100.37 versus japans yen.
economist richard felson told bloggin... [Show More]
the rally that wasnt
jim cramer called the end of days. hes widely considered such a dope that whenever he says something peoples first reaction is to fade his advice.
the federal reserve is now letting nonfinancial enterprises step up to the trough. i give credit where credit is due around here nouriel roubini called this one last week on the riskmetrics webcast.
more credit henry blodget and... [Show More]
you can be gratuitous too
ive had a pretty darn good september so far. for some odd reason more than a few folks have been abnormally kind to me i hardly deserve it but ive had a chance to do some much needed gear upgrading engage in more frivolous purchases contribute back what i can to the local fly fishing economy as a result. and in notsogrand fashion im now getting rid of a few things.
f... [Show More]
marc faber uses choice analogies and cuts to the chase as well
other sources of funding such as foreign reserves of resourcesrich countries are also likely to dry up faber said. i think sovereign wealth funds are going to be very busy supporting their own markets they wont have much money to buy assets around the world.
sounds familiar.
ht the big picture...... [Show More]
at least according to the media banter
it comes after the fact but chris dodd has a plan of his own. im on the fence about the diversion of profits into the hope now plan primarily because that plan doesnt seem to be working as is or you might have heard something other that pins dropping. why dump money into a halfbaked program instead return any profits to the treasury as a dollarfordollar re... [Show More]
as the press goes last week fed chairman ben bernanke told congressional leaders that the us faced an imminent meltdown. we heard from the horses mouths that this was scary. it couldnt have been written any better for a movie. surprise now we have yet another bailout plan.
you can find the full proposal for now at the end of this post. the first thing youll notice is that it is pretty short a... [Show More]
i whipped this rod around for ten hours straight just like i said i would. im anxious to describe how i feel about its performance but i think a little primer is due first
roughly ten years ago one of my fanatical fly fishing friends booked a trip to the bahamas and stuck me with half the bill so i went if only to make sure he didnt bullshit about all the bonefish he caught. we were out on the ... [Show More]
there are several people in the world who were tired of my incessant research on a new streamer rod. id been searching for months read reviews until my eyes were sore and cast at least a halfdozen different models. sure i already had a decent rod for streamers the sage 6903 sp and my short casting stroke and obsessive use of sinking lines and 6inch pieces of dumbelled rabbit strip was pushing it... [Show More]
capitalism gets a bridle
given the importance of confidence in financial markets the secs action halts short selling in 799 financial institutions. the secs emergency order pursuant to its authority in section 12k2 of the securities exchange act of 1934 will be immediately effective and will terminate at 1159 p.m. et on oct. 2 2008. the commission may extend the order beyond 10 business days if it... [Show More]
barclays purchase decision set for friday barclays has a sweet deal in hand all it takes is a bankruptcy judge to give final approval. hearing set for friday.
editors note start reading the linked article at paragraph three the...... [Show More]
all things considered it sounds more like an equity investment
in an extraordinary turn the federal reserve agreed tuesday night to take a nearly 80 percent stake in the troubled giant insurance company the american international group in exchange for an 85 billion loan.
i suspect hank greenberg is very unhappy although with roughly 450 billion in credit default swaps in play i doubt many care how... [Show More]
the day after brown monday after a chaotic weekend lehman filed for bankruptcy and merrill sold itself to bank of america. the dow jones industrial average plunged 504 points on the news and roughly 20 of that loss...... [Show More]
when the price of a barrel of crude hit 150 during the summer every bank on the street which after this weekends events can now be alternatively referred to as the pothole was touting the idea that wed see 200 any moment.
meanwhile us consumers starting cutting back on fuel consumption and their staying away from the shopping malls meant our fine and friendly trading partners were spending less t... [Show More]
if youre a party goer you have to hate getting up at 4am so you can drive to the club in hope of getting a seat at the open bar before the other guests arrive. you shouldnt care if a rave is deemed better than work you wind up exhausted by 2pm and youll inevitably sleep way too late the next day so make sure you do this on saturdays. at the party the drink of choice is 158 parts of vodka clear ... [Show More]
management finds a way.
when a person performs a search often they are looking not specifically for a product or a service but an answer. sometimes its just a second opinion before pulling out the wallet but more and more often its an inquiry about relationships health or even technology that doesnt naturally result in the immediate employ of a new device or professional. the person inquiring si... [Show More]
the fact is ive recently been carting people around to chase smaller counts of potentially much larger fish. im certainly not discriminating against 30 fish days its just that while wandering around a bend this weekend a colleague and i witnessed something that seemed like so much of the distant past
the river was a state designated gold medal water meaning there were likely to be big wild trout ... [Show More]
while everyone frets about the latest jobs report maybe there is a silver lining in those clouds
from economics 101 we learned that fewer jobs means slower inflation
the early 2007 dollar cliff dive exacerbated consumer price gyrations but oil prices are now trading near a fivemonth low
throw out decoupling theory
foreign markets in developing countries are performing dismally meaning fleeting ca... [Show More]
tom chandler surmises its a positive step
most of the growth in outdoor sports is occurring courtesy a competitive angle e.g. competitive bass fishing competitive hunting action pistol events retriever competition etc. yet competitive fly fishing has yet to take hold in the usa despite several attempts
and while regular readers know im hardly a cheerleader for the fly fishing industry i do think t... [Show More]
setting up tables as in poker tables.
no wonder it was so easy to get a game going last week and at least now i know why i was invited note to self thank pokerpac....... [Show More]
oh give me a home Post Source: feeds.feedburner.com Posted: Aug 31 2008 13:21:13
where the buffalo roam
and fat trout eat black sculpins for play.
where seldom is heard a discouraging word and skies are free of tornados all day....... [Show More]
they are calling it a floor
pakistan set a floor for stock prices on the benchmark exchange moving to halt a plunge that has wiped out 36.9 billion of market value since april.
securities can trade within their daily limit of 5 percent but not below the floorprice level of yesterdays close the exchange said on its web site without giving details.
stocks can no longer go down its the no loss sale ... [Show More]
the company says they have the problem under control but its probably just the first inning for facebook spam.
bound to happen sooner or later....... [Show More]
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