Wow, today the market is experiencing a ginormous sell off. You know what's even more crazy. I didn't know ginormous (giant/enormous) was a word until spell check didn't pick it up as an error. Oh, and a shout out to my boy DOS, who's B-Day is tomorrow. He'll be celebrating with his bike entered in the car show at Aloha Stadium, and Krystilez will be holding it down too, on stage and at the Hibred Clothing booth. Check it if you can. Tiki Boyeeez!!! Otay, on to Da Daily...
The Recovery Needs A Recovery
There is more downside to come as the CPI (Consumer Price Index) dropped 0.1%. In other words, consumer prices drop, sentiment sours. Hello! That's what happens in a deflationary period, which by the numbers we have been in for a little while now. I guess the Fed will have to drop to zero. Great day for a bear though, because...
Wall St. Stumbles
Whew! Good thing (actually great thing) we stayed on the short side of financial stocks yesterday as Citi and Bank of America took cracks today. BTW, this is NOT financial advice!!! It's just how a moke prospers on the downs. If I remember it correctly... one man's stumbling block is another man's stepping stone. All depends on how you look at it. Glass half full/empty type action.
All the financial reform bill talk is summed up pretty well in this Time article. It's just 2,300 pages of new agencies and new powers that formed the financial crisis.
...and The Basel III rules make it even harder for banks to lend to property companies and investors.
Capped
Cheers as Gulf oil spill is capped at last, or could the fix be temporary? I just wonder where all the missing pressure is going?
The Inevitable
EU's High Representative for Foreign Affairs and Security Policy Catherine Ashton is telling Israel to open all border crossing's. Gaza, open sesame!
...and it's all good because a U.S.-backed rocket shield is on track to protect Israeli towns against rocket attacks from the Gaza Strip.
At least 27 dead in suicide attack at Iranian mosque. Here's raw video of the situation. I warn you the video may disturb you.
...and Tehran is blaming the US and the UK for the bombing. Here's another saying Israel/US is getting the blame.
Also, this is interesting as to the effects of war and our soldiers. "Army reports record number of suicides for June."
Nature News
A puzzling collapse of Earth's atmosphere. Very interesting.
...and How often does an EQ happen in Washington DC that's not caused by all the BS moving around? Not often, but a shake happened today. I guess it's just Mama Nature and her hiccups. It's just her way of putting real power in check. When she talks, we have no choice, but to listen. Since were on the subject, you might wanna check out this article of someone else who talks while we listen.
...BTW, I believe there is still more shaking to come over the next day or two, though probably not in DC. Stay tuned.
Talking Trash
"Honolulu Mayor Mufi Hannemann is demanding that a company seeking to ship garbage to the mainland present the city with key documents or risk losing its contract." Good, if they lose it, give it to us.
Well, Have a Tremendous Day Hoi Poloi...
Stay Strong and Aloha Always!
Grindman
The Recovery Needs A Recovery
There is more downside to come as the CPI (Consumer Price Index) dropped 0.1%. In other words, consumer prices drop, sentiment sours. Hello! That's what happens in a deflationary period, which by the numbers we have been in for a little while now. I guess the Fed will have to drop to zero. Great day for a bear though, because...
Wall St. Stumbles
Whew! Good thing (actually great thing) we stayed on the short side of financial stocks yesterday as Citi and Bank of America took cracks today. BTW, this is NOT financial advice!!! It's just how a moke prospers on the downs. If I remember it correctly... one man's stumbling block is another man's stepping stone. All depends on how you look at it. Glass half full/empty type action.
All the financial reform bill talk is summed up pretty well in this Time article. It's just 2,300 pages of new agencies and new powers that formed the financial crisis.
...and The Basel III rules make it even harder for banks to lend to property companies and investors.
Capped
Cheers as Gulf oil spill is capped at last, or could the fix be temporary? I just wonder where all the missing pressure is going?
The Inevitable
EU's High Representative for Foreign Affairs and Security Policy Catherine Ashton is telling Israel to open all border crossing's. Gaza, open sesame!
...and it's all good because a U.S.-backed rocket shield is on track to protect Israeli towns against rocket attacks from the Gaza Strip.
At least 27 dead in suicide attack at Iranian mosque. Here's raw video of the situation. I warn you the video may disturb you.
...and Tehran is blaming the US and the UK for the bombing. Here's another saying Israel/US is getting the blame.
Also, this is interesting as to the effects of war and our soldiers. "Army reports record number of suicides for June."
Nature News
A puzzling collapse of Earth's atmosphere. Very interesting.
...and How often does an EQ happen in Washington DC that's not caused by all the BS moving around? Not often, but a shake happened today. I guess it's just Mama Nature and her hiccups. It's just her way of putting real power in check. When she talks, we have no choice, but to listen. Since were on the subject, you might wanna check out this article of someone else who talks while we listen.
...BTW, I believe there is still more shaking to come over the next day or two, though probably not in DC. Stay tuned.
Talking Trash
"Honolulu Mayor Mufi Hannemann is demanding that a company seeking to ship garbage to the mainland present the city with key documents or risk losing its contract." Good, if they lose it, give it to us.
Well, Have a Tremendous Day Hoi Poloi...
Stay Strong and Aloha Always!
Grindman
