TRUMPS ECONOMY
Moderator: Aitrus
Re: TRUMPS ECONOMY
Political discussions usually are not very fruitful here, best to avoid. Economy is doing well...volatility seems to be related to FED-- trying to unwind past QE & rising rates
Re: TRUMPS ECONOMY
Candy corn is ok, until you eat too much.
Re: TRUMPS ECONOMY
lol @ "discussion"
I do admit to watching info wars vs antifa videos on youtube just for the comedic value. This isn't really doing the same for me.
I do admit to watching info wars vs antifa videos on youtube just for the comedic value. This isn't really doing the same for me.
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Re: TRUMPS ECONOMY
That Flan Wall will cause a run in sugar futures and then a shortage with mucho unhappiness. Happiness is a Wall of Lumpy Potatoes
mo meng, mo ching (which loosely means: no money, no life)
- jlozano042
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Re: TRUMPS ECONOMY
mindofmush wrote:That Flan Wall will cause a run in sugar futures and then a shortage with mucho unhappiness. Happiness is a Wall of Lumpy Potatoes
Re: TRUMPS ECONOMY
Speaking of sugar futures...did you know the USDA now has blinds that lock in the down position because the positioning of the blinds was once used to leak crop report information prior to official release?
Re: TRUMPS ECONOMY
I knew this guy named Clarence Beeks that specialized in crop reports before their official release. He used to do 'investigative' work for commodities brokerage firm Duke & Duke. The Duke brothers - Randolph & Mortimer Duke were trying to corner the market for frozen concentrated orange juice. But Beeks was fed a fake crop report that put Duke & Duke out of business in one day. Turned out it was over a $1 bet. The guys that fed him the fake one, Billy Ray Valentine and Louis Winthorpe III took the real crop report, became instant millionaires and retired to a private island. Each year on Feb 14th we celebrate Billy Ray Day. In those days Al Franken was working as a baggage handler on the Philly to NY rail line. I hear he's back there again. True story!XAMOTOMAX wrote:Speaking of sugar futures...did you know the USDA now has blinds that lock in the down position because the positioning of the blinds was once used to leak crop report information prior to official release?
Re: TRUMPS ECONOMY
Wow. Someone should turn that into a movie.Jamters wrote:I knew this guy named Clarence Beeks that specialized in crop reports before their official release. He used to do 'investigative' work for commodities brokerage firm Duke & Duke. The Duke brothers - Randolph & Mortimer Duke were trying to corner the market for frozen concentrated orange juice. But Beeks was fed a fake crop report that put Duke & Duke out of business in one day. Turned out it was over a $1 bet. The guys that fed him the fake one, Billy Ray Valentine and Louis Winthorpe III took the real crop report, became instant millionaires and retired to a private island. Each year on Feb 14th we celebrate Billy Ray Day. In those days Al Franken was working as a baggage handler on the Philly to NY rail line. I hear he's back there again. True story!XAMOTOMAX wrote:Speaking of sugar futures...did you know the USDA now has blinds that lock in the down position because the positioning of the blinds was once used to leak crop report information prior to official release?
OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February. - Pudd'nhead Wilson's Calendar
Re: TRUMPS ECONOMY
There's only one problem with your story... Crop reports are never released at noon on a trading day! And Duke and Duke could have had a resurgence with a small donation from an African prince... If only
- MakeMe$$$$
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Re: TRUMPS ECONOMY
You do know this was actually a fictitious character?Jamters wrote:I knew this guy named Clarence Beeks that specialized in crop reports before their official release. ...XAMOTOMAX wrote:Speaking of sugar futures...did you know the USDA now has blinds that lock in the down position because the positioning of the blinds was once used to leak crop report information prior to official release?
http://collider.com/mr-beaks-says-goodb ... nce-beeks/
Don
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Re: TRUMPS ECONOMY
I've watched documentary footage of that historic trading day with Winthorpe and Billy Ray in action - maybe 100 times. I've yet to understand it. It makes no sense to me. It's why I love the relative calm of TSP's 'decide by noon ET what the market will do in the next four hours' then weep when it does the opposite. Thanks to TSPcenter I've kept my center. And for what it's worth, I prefer McDowell's Big Mick over a McDonald's Big Mac. No sesame seeds.XAMOTOMAX wrote:There's only one problem with your story... Crop reports are never released at noon on a trading day! And Duke and Duke could have had a resurgence with a small donation from an African prince... If only
Re: TRUMPS ECONOMY
Classic irrational exuberance. I'm worried about stagflation. Don't know why I'm channeling so much Alan Greenspan lately.cswift01 wrote:Irrational exuberance at its finest.MakeMe$$$$ wrote:I will not begin to deny that the economic fundamentals are bad at all. However...I think it is a bit over-exuberant to be too much so. Why? Let's see if the projected GDP will pay for the tax cuts. The we will add the costs of the new budget, the proposed infrastructure and the "wall".
If the GDP doesn't match the projections plus cover future additions to the deficit this could be a repeat of when Bush cut taxes while we were engaged in 2 wars. If the GDP misses the mark by a significant amount then get out the hard hats.
BTW..."TRUMPS ECONOMY" could become "Trumps Deficit".
Just sayin'
I'm personally concerned for inflation. I also wonder if the 8 years Bush had will be lessened by the Trump stimulus.
I guess we'll see.
Re: TRUMPS ECONOMY
Maybe you miss the good old days and the simplicity of speculation about the size of his briefcase https://www.stlouisfed.org/publications ... -briefcase -- before the recession, before several rounds of QE and the subsequent moves to unwind in uncharted territory.Carmen909 wrote:Classic irrational exuberance. I'm worried about stagflation. Don't know why I'm channeling so much Alan Greenspan lately.
Re: TRUMPS ECONOMY
Size doesn't matter. It's all about the motion in the interest rate ocean.evilanne wrote:Maybe you miss the good old days and the simplicity of speculation about the size of his briefcase https://www.stlouisfed.org/publications ... -briefcase -- before the recession, before several rounds of QE and the subsequent moves to unwind in uncharted territory.Carmen909 wrote:Classic irrational exuberance. I'm worried about stagflation. Don't know why I'm channeling so much Alan Greenspan lately.
OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February. - Pudd'nhead Wilson's Calendar
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