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I Hope Those Aren’t Dollars!
Reading Time: 1 minuteFunny (Hat Tip The Big Picture).
The Economic Plan We Need
Reading Time: 5 minutesI wrote this in response to a friend who said he agreed with Goldman Sachs that austerity is the biggest threat to the economy. After all, look at Britain (see, for example, “Why Budget Cuts Don’t Bring Prosperity”, David Leonhardt, The New…
KMB’s War For ‘Poop Superiority’, NOC Earnings
Reading Time: 2 minutesYesterday on Kimberly Clark’s (KMB) 4Q22 earnings conference call, CEO Mike Hsu offered to take Barclay’s analyst Lauren Lieberman to KMB’s “war room on poop superiority”. Lieberman replied that it was on her 2023 agenda. Apparently this is an expensive…
NASDAQ: Technical Divergences, Einhorn on The Fed, Inflation, GME and the $100 Million Deli
Reading Time: 7 minutesNote: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
Inflation Down On Drop In Gas Prices????
Reading Time: 2 minutesUsing an overly aggressive seasonal adjustment factor, the statistical magicians turned an actual 6.5% surge in gasoline prices into a small decline. I wonder if they can read the minds of very skeptical American motorists who are not fooled by…
Uncle Ben: Shiznit
Reading Time: 1 minuteShiznit, adj: (1) the best (2) the greatest in a certain category or universally (3) gaddam’ phenomenal, bi-atch! In the spirit of “Malibu’s Most Wanted”, which I had the pleasure of watching last night, and on the occasion of Fed…
