- 4 Out of 4 Stars (Ted Video, H/T GregRoberts)
- August 2009 FIRE Economy Depression update – Part I: Snowball in Summer (H/T Jeff Borsuk & CM)
- Chart of the Day
- Two Beers With Steve – Episode 20 – Investing For Uncertainty
- American Casino
- “Feds” “Balance” Sheet (Chart)
- Insiders sell like there’s no tomorrow
- 8.5 Billion Stimulus Well Spent Congress! (Video)
Substitution and the weak dollar: Welcome to the third world
This is not deflation. A three quarters full box of corn flakes sold for the same price today as a full box last year is not deflation. Fish and chips made with cheap versus premium cod and sold for the same price is not deflation. Getting packed like a sardine into a passenger jet that flies a given route half as often as before the depression started is not deflation. Getting a giant plate of rice or spaghetti sprinkled with vegetables and meat is not deflation.
In Episode 20 – Investing for uncertainty I outline the approach that I (Steve) will be taking to navigate the near future. I am not a speculator but with interest rates on certificates of deposit near zero and the dollar in jeopardy I’ve moved into more non-traditional markets.
This podcast has a slow start because I go from reading ‘Goodnight Moon’ and Thomas and the Big Big Bridge’ to walking into my office and recording ‘Two Beers With Steve’. Enjoy.
The code compliance department was paying nearly 7,000 dollars a year to dump chemicals into the pools to treat the scummy buildup.
That’s when Mitchell and some of her colleagues came up with an environmentally-friendly idea to get rid of the green. An idea with a much lower price tag of just 700 dollars.
Can hundreds of stock-selling insiders be wrong?