Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I read an article once wherein the author, also a player agent, said that there could never be another Big Red Machine. He guessed at what the annual salaries of just the starting fielders (known as the Great Eight here in Cincy) would be if they were playing today and it was a staggering number. But when you have the likes of Bench, Perez, Morgan, Foster, Rose, Concepcion, Griffey, Sr., and Geronimo on the payroll, it would be tough to afford the rest of the team, even if you were the Yankees.
Dump ARod. Oh the blasphemy.
Here in Cincinnati we have a great player in the form of Joey Votto. ESPN has been reporting that the Reds are shopping him around although the GM vehemently denies it. But the fact remains that when he becomes free agent in a couple of years, his multiyear contract will go for something like $20M per year. The Reds have an annual player salary of $80M. The sad fact is that small market cities just can't afford these caliber of players.
I think you're right. There are those times when "the street" would see the aftermath of a global thermonuclear war as opportunity for growth. And when they do, there is no fighting them, particularly with a Fed that plays right into their hands.
Really, the fate of the world rests on Slovakia? I just looked them up. They have an $86B GDP. The U.S. government spends that in like, what, 10 minutes?
Hard to stand in the way of a day like today. Pretty obvious we are on the verge of an explosive economic expansion
Well, OK, except for Europe, foreclosures, declining family income, and a few things like that. But why let facts get in the way of a nice rally.
Somebody throwing chum on the water and the sharks are snapping away in a feeding frenzy
Ans: C - both equally ludicrous
It sounds good, zab. And while I philosophically agree with you, the bitter fact is that stockholders (big institutional investors) trump stakeholders (workers) every time. CEOs know that they need to get both top line and bottom line growth or The Board (populated by those institutional investors) will get someone else who will. If that means squeezing more out of the labor force, so be it. If that means outsoucing, so be it. If that means shipping jobs overseas to sweatshop labor markets, so be it. The harsh reality is that there really always is someone else who can do any given job and usually will do it cheaper.
Of course, that means that the entire concept of employee loyalty has gone the way of the dinosaurs. There is very little loyalty left on either side of the fence, management or labor.
But there is still some, albeit, not quite as obvious as we might like. One could argue, in your case for example, that WalMart was showing some appreciation for your service by raising your level of vacation to 4 weeks. That shows, to some degree, that they appreciated your staying with the company. The fact that you weren't able to take it when you wanted to, however, placed a bit of a damper on it. And if your illness was the cause for dismissal, then that really takes the edge off.
There isn't for them. Just most everybody else.
Oh, come on, zab. Haven't we all learned that the thing to do when things look their gloomiest, when uncertainty is at its highest and we don't know what to do, then the best solution is always to just buy Apple.
Question: How long before AAPL is worth more than all 30 of the DOW stocks added together?
I've said this before, but I'll say it again - companies will only hire more people when their current ability to supply is outstripped by the demand. I think it's foolish for the U.S. people or its politician to think that the businesses of the world, who are reportedly sitting on something like $1.5T, would suddenly begin hiring by the hundreds of thousands if we would just get rid of some regulations and/or Obamacare, just because they have a lot of money in the bank. The simple fact is that companies have learned to do more with less, either via automation, efficiencies, or just plain "cutting the fat". A lot of those high paying jobs that were cut during the Great Recession are gone forever.
What the U.S. job market is missing is the "next big thing" that spurs enormous economic growth. The 50's gave us the Expressway System, the 60s was the Space Program and all that went with it, the 70s ... well, maybe not much happened in the 70's, no one can remember..., the 80s ushered in the PC and all of its spinoffs, the 90s brought the internet and the telecommunications explosion, the 00's brought the Real Estate Speculation Bubble and "Creative Financing" (in other words - nothing tangible), which was the cause the Great Recession to begin with. And what's on the horizon now? Alternate energy sounds appealing but until the world's oil supply drops to the point where supply and demand pricing gives us no choice but to adopt it, alternate energy will be a nice background window dressing on the economic landscape.
So what is the next "Big Thing" to goose the economy? Beats me.
The news ain't too good, but so what. The news just says things aren't going so well for Joe-Six-Pack and are not likely to for the foreseeable future. But the market could give a sheet about JoeSP.
Zab, yep, doing the "right" thing seldom gets rewarded. Skating just inside the law is where the money is, and whether it's the "right" thing to do or not has nothing to do with it. If it ain't illegal, then it's okay. If it is illegal, then get your lobbyist to buy a politican to get the law changed so it ain't illegal no more.
Actually, I think most people just don't want to get it. Everyone seems to like to think that some blue ribbon panel in D.C. will make everything right. In reality, companies will start hiring ONLY when they can't meet demand with the current staff and not before. And if they can meet the demand with cheaper labor, that's what is going to happen.
I think it's more than just a bit ironic that the CEO of one of the greatest jobs exporter companies in the U.S. has been chosen to lead the president's Jobs Council.
Just unbelievable. We can always pay our debts because we can always just print more money to do that. And then we wonder what is wrong with the economy. When counterfeiters print money to pay their debts, they go to jail. When fed reserve chairmen do it, they're lauded as being heros for saving the world.
I'm really disappointed in da boyz. Down 35+ and they couldn't even bring the Naz back positive at the end. What? They have no confidence going forward? Oh, wait. Looks like they're bringing the Q's back up to a push for the day AH, though. Good work, boyz. All is well in LaLa land
Still...giddyness reigns, and it's tough to fight.
Don't fight it Canny. It's relentless.
Good reason for a massive rally to begin
Maybe with a story that she was born in Sweden to parents from Russia and Bolivia and that she has been married and divorced 6 times before and currently has 2 husbands living in asylums in India...something like that?
They got hitched without a "hitch", so to speak. Very pretty woman, Princess Catherine.
You make a good point. But I still don't think things are quite as good as the D.C. crowd would like to spin them.
And with some luck, they'll earn enough to pay for the gas to get to and from work.
Let's see. John Doe lost his $65,000 a year job. Now both John and Jane Doe are "employed", he full time, she part time, at salaries of $11 and $8 respectively (he's a store "manager", after all). So he makes $23K and she makes $12K, part time. Combined they make $35K, but Timmy counts that as a net gain of 1 job. Pathetic.
This from Wiki:
---------------------------
Due to its mode of beta decay, iodine-131 is notable for causing mutation and death in cells which it penetrates, and other cells up to several millimeters away. For this reason, high doses of the isotope are sometimes paradoxically less dangerous than low doses, since they tend to kill thyroid tissues which would otherwise become cancerous as a result of the radiation. For example, children treated with moderate dose of I-131 for thyroid adenomas had a detectable increase in thyroid cancer, but children treated with a much higher dose did not. Similarly most studies of very high dose I-131 for treatment of Graves disease have failed to find any increase in thyroid cancer, even though there is linear increase in thyroid cancer risk with I-131 absorption at moderate doses.[1] Thus, iodine-131 is increasingly less employed in small doses in medical use (especially in children), but increasingly is used only in large and maximal treatment doses, as a way of killing targeted tissues. This is known as "therapeutic use."
---------------------------
So it sounds like if you have to have I-131, then make sure you get LOTS of it. Weird. Also, with the short half life, eating aged beef and cheese should be better. Aged apples and veggies don't work out so well. I guess you could by frozen veggies and not eat them for a while. Every 8 days, the amount of radiation is cut in half, so after a couple of months, the radiation level would be down to about 1% of where it started. This, of course, only applies to I-131. Radioactive isotopes of other fission by-products could hang around a lot longer.
<<So you can buy a shirt for a $1 less or a couch for $2 less>>
And the only reason you can do that is because they're made by some guy in in the Orient making $3 a month
Yeah, Mark and Erin will probably be sitting there checking the pre-market futures on their iPads.
The only thing that keeps me awake at night is the worry that the "big boyz" at GS might not be able to get their bonuses back up to pre-crisis levels. I saw in the paper today that they are tearing down "Lands End", the Long Island mansion that was reported to be the inspirational setting for "The Great Gatsby". The current owner said that between taxes, insurance and upkeep, the place is costing him $4500 a day and that was just too much. It really hurts to be rich.
If you don't feel confident with your market calls, better your hands than your wallet, zab
Just checked in this morning, rather late. So, why is the market (particularly the Naz) wearing the happy face today when yesterday was a sad face day. Is something going on out there, or is it just the normal casino...some days it lands on red and other days it comes up black.
Sounds as though they really have things contained quite well. No cause for alarm, citizens. Back to your lives. And, for heavens sake, eat more fish.
But after that brutal correction we had yesterday, this is sure a welcomed relief.
I always wanted to be center fielder for the Yankees. It just never worked out. So, I became a physicist instead.
As opposed to last day of the month and middle of the month jams?
Dang, Lee, you could have a real future in marketing and design. I'm passing this along. You should be expecting a call from P&G and Kroger any moment now.
It's all about illusion. Whether it be the Bernanke market or consumer goods. There was an article in our paper this morning about manufacturers, particularly the food industry, masking inflation in their products by giving you less and charging you the same. They go to very cleaver ways of packaging so that the shelf appearance stays the same by reducing the depth of the package rather than it's width and height. But, bottom line, there's less stuff in the package/container.
I know that a half gallon of ice cream, which when I was growing up used to be 2 quarts just like the book says it should be, first dropped to 1.75 qts and now has dropped to 1.5 qts. Won't be long til it's down to a couple of scoops. Still, the major diary outlet chain in our area has signs on the windows advertising Half Gallon prices, never mind that it isn't really a half gallon.
But there's no inflation. The Bernank says so. Must be true.
How can AAPL be down a buck and the NDX up 10. Is that even possible?
That about says it all.
There really is no fear out there anywhere is there?
It is amazing isn't it. But they're saying what Wall Street wants to hear, so we rally every time some Fed Gov. spews out this horse hockey.