Gobble Up Some Jackass

136

It's a market holiday weekend so you know what that means....fresh Jackass for your listening pleasure!

In this wide-ranging conversation, The Jackass and I discuss:

  • the U.S. election results
  • the roiling global markets post-election
  • what the turmoil in the currency markets may suggest
  • how changes in global interest rates will impact the global economy and markets
  • the impact higher rates are having on hyper-levered balance sheets
  • AND MUCH, MUCH MORE.

Enjoy and Happy Thanksgiving to all!

TF

  136 Comments

  Refresh
Dr. P. Metals
Nov 26, 2016 - 10:17am
Nov 26, 2016 - 10:16am

Orange

Glad to hear that you are OK.

Now, to remain even safer, be sure to avoid CNN.

My wife is convinced the CNN incident was not an accident. My best friend is a the chief engineer for a TV local station. Part of his job is to monitor broadcasts to quickly catch any technical issues. He has a monitor going full time in his home.... You'd think CNN has the money to monitor every single minute of broadcast.

Dr. P.

That website is a hoot (all satire?). A couple of great articles there.

https://babylonbee.com/news/police-calm-millennial-protesters-handing-participation-trophies/

Dr. P. Metals
Nov 26, 2016 - 10:14am

@Orange

https://babylonbee.com/news/thankful-asks-man-whose-heart-beating/

glad you're ok. Similar thing happened to me a few years back, strange thing, I was calm the entire incident,then 2 hrs later rethinking it, my heart rate zoomed up for 30 mins lol

Edit: +@info

Angry Chef
Nov 26, 2016 - 9:13am
Orange
Nov 26, 2016 - 9:10am

Happy to be here

Driving south on the I75, I was in the right lane of 3, traveling at close to 80 mph with a car in the front to my left going at about 75. Just before I was about to pass him, some idiot cut in front of me traveling much faster.

I was now about to pass when another car, also traveling much faster (perhaps chasing the other one) was going for my front left side. I briefly saw him approach through my side mirror and immediately went off the road luckily allowing enough space not to be hit. This all happened in a fraction of a second, not even enough time to hit the brakes.

I can't imagine what would have resulted if he hit me, knowing that further to my right was a ditch and lots of trees.

So today, I don't give a shit what the price of PM's are. Enjoy the day!

Angry Chef
Nov 26, 2016 - 8:58am

Mexican cement company offers to build Trump his wall

Now if we could just get this wall built around Washington we could really make America great again !

https://rinf.com/alt-news/newswire/mexican-cement-company-offers-to-buil...

Key Economic Events Week of 7/6

7/6 9:45 ET Markit Service PMI
7/6 10:00 ET ISM Service PMI
7/7 10:00 ET Job openings
7/9 8:30 ET Initial jobless claims
7/9 10:00 ET Wholesale inventories
7/10 8:30 ET PPI for June

Marchas45
Nov 26, 2016 - 8:11am

@Silver66

Try it and let us know please. there's a good fellow. Keep Stacking

silver66
Nov 26, 2016 - 7:47am

Hey all you computer whizes on TFMR

found this on Drudgereport.

A company that has found a way to direct you to everything you have signed up for on the web and easy links to their unsubscribe page

https://thenextweb.com/apps/2016/11/24/delete-internet/

https://deseat.me/

Does this look legit to you?

Silver66

KeynesianKryptonite
Nov 26, 2016 - 5:38am

Castro's Death

Surely Colin Kaepernick will be in deep mourning over this, but not because the world barfed up another iron-fisted thug. He's gonna need a replacement dindu-nuffin's face to put on his T-shirt so's he kin teech da NFL about reel edukasion . . .

Leo Goldstoy
Nov 26, 2016 - 4:57am

Rumple-What's-His-Name?

The Loom

Ruing a comment from Jim Willie. His source, ‘The Voice’

stated gold in quantity is being had at twice the derivative

price.

No wonder the suppliers of that gold need to keep

the public paper price so low––world gone backward––

wholesale price at the retail level. All that gold is sourced

by un-spinning, that is getting to physical end by the endless

wrap of leases. I know, naively too simple, but fitting of a

world gone ass-backward.

Reality gone to fiction. So

I look for clues from some of the best. Rumplestilskin.

The poor miller boasts his only daughter can spin gold

from straw. The king takes him up on it. She succeeds.

King gets greedy, locks her in a room with an impossibly

large amount of straw. The aforementioned little man

has the magic. He’s the man behind the curtain making

it happen for the poor man’s daughter, the cost: her first

born.

Over that magic night he makes the gold, the king

makes her queen. They make a child, and old Rumple-

what's-his name wants payment. Daughter Queen objects

so they make a deal, can she guess old Rumple-what's-his-

name’s name?

Make a long story short, she sends a spy who

happens on Rumple-what's-his-name dancing at a devil’s

fire celebrating this next prize soon to be his.

Spy clues the

Queen and she pulls the plug on old Rumple-what’s-his name.

Don’t you see? It’s the same old story with a twist of Podesta.

But in the end, did you notice that the gold stayed the gold, at

any price?

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Key Economic Events Week of 7/6

7/6 9:45 ET Markit Service PMI
7/6 10:00 ET ISM Service PMI
7/7 10:00 ET Job openings
7/9 8:30 ET Initial jobless claims
7/9 10:00 ET Wholesale inventories
7/10 8:30 ET PPI for June

Key Economic Events Week of 6/29

6/30 9:00 ET Case-Shiller home prices
6/30 9:45 ET Chicago PMI
6/30 10:00 ET Consumer Confidence
6/30 12:30 ET CGP and SSHW to Capitol Hill
7/1 8:15 ET ADP Employment
7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 2:00 ET June FOMC minutes
7/2 8:30 ET BLSBS
7/2 10:00 ET Factory Orders

Key Economic Events Week of 6/22

6/22 8:30 ET Chicago Fed
6/22 10:00 ET Existing home sales
6/23 9:45 ET Markit flash PMIs for June
6/23 10:00 ET New home sales
6/25 8:30 ET Q1 GDP final guess
6/25 8:30 ET Durable Goods
6/26 8:30 ET Pers Inc and Spending
6/26 8:30 ET Core inflation

Key Economic Events Week of 6/15

6/16 8:30 ET Retail Sales
6/16 8:30 ET Cap Ute and Ind Prod
6/16 10:00 ET Chief Goon Powell US Senate
6/16 4:00 pm ET Goon Chlamydia speech
6/17 8:30 ET Housing Starts
6/17 12:00 ET Chief Goon Powell US House
6/18 8:30 ET Initial Jobless Claims
6/18 8:30 ET Philly Fed
6/19 8:30 ET Current Account Deficit
6/19 1:00 pm ET CGP and Mester conference

Key Economic Events Week of 6/8

6/9 10:00 ET Job openings
6/9 10:00 ET Wholesale inventories
6/10 8:30 ET CPI for May
6/10 2:00 ET FOMC Fedlines
6/10 2:30 ET CGP presser
6/11 8:30 ET Initial jobless claims
6/11 8:30 ET PPI for May
6/12 8:30 ET Import price index
6/12 10:00 ET Consumer sentiment

Key Economic Events Week of 5/25

5/26 8:30 ET Chicago Fed
5/26 10:00 ET Consumer Confidence
5/27 2:00 ET Fed Beige Book
5/28 8:30 ET Q2 GDP 2nd guess
5/28 8:30 ET Durable Goods
5/29 8:30 ET Pers Inc and Cons Spend
5/29 8:30 ET Core Inflation
5/29 9:45 ET Chicago PMI

Key Economic Events Week of 5/18

5/18 2:00 ET Goon Bostic speech
5/19 8:30 ET Housing starts
5/19 10:00 ET CGP and Mnuchin US Senate
5/20 10:00 ET Goon Bullard speech
5/20 2:00 ET April FOMC minutes
5/21 8:30 ET Philly Fed
5/21 9:45 ET Markit flash PMIs for May
5/21 10:00 ET Goon Williams speech
5/21 1:00 ET Goon Chlamydia speech
5/21 2:30 ET Chief Goon Powell speech

Key Economic Events Week of 5/11

5/11 12:00 ET Goon Bostic speech
5/11 12:30 ET Goon Evans speech
5/12 8:30 ET CPI
5/12 9:00 ET Goon Kashnkari speech
5/12 10:00 ET Goon Quarles speech
5/12 10:00 ET Goon Harker speech
5/12 5:00 ET Goon Mester speech
5/13 8:30 ET PPI
5/13 9:00 ET Chief Goon Powell speech
5/14 8:30 ET Initial jobless claims and import prices
5/14 1:00 ET Another Goon Kashnkari speech
5/14 6:00 ET Goon Kaplan speech
5/15 8:30 ET Retail Sales and Empire State index
5/15 9:15 ET Cap Ute and Ind Prod
5/15 10:00 ET Business Inventories

Key Economic Events Week of 5/4

5/4 10:00 ET Factory Orders
5/5 8:30 ET US Trade Deficit
5/5 9:45 ET Markit Service PMI
5/5 10:00 ET ISM Sevrice PMI
5/6 8:15 ET ADP jobs report
5/7 8:30 ET Productivity
5/8 8:30 ET BLSBS
5/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 4/27

4/28 8:30 ET Advance trade in goods
4/28 9:00 ET Case-Shiller home prices
4/29 8:30 ET Q1 GDP first guess
4/29 2:00 ET FOMC Fedlines
4/29 2:30 ET CGP presser
4/30 8:30 ET Pers Inc and Cons Spend
4/30 9:45 ET Chicago PMI
5/1 9:45 ET Markit Manu PMI
5/1 10:00 ET ISM Manu PMI

Forum Discussion

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