Archive - May 7, 2012 - Blog entry

Employment lukewarm, inflation kind of hot. 

At what price?

BANZAI7 BEVERAGE WARNING APPLIES...

In France, no one can hear you scream.

Here I issue an old school challenge to Goldman Sachs, both the Morgans, and the tabloidal MSM in regards to the Facebook IPO and simple fundamental valuation!!! Have at Thee!

Dollar vs. Stocks 

In France, Hollande has the rep of having no backbone like a jelly fish (or flan). We will see what he really stands for and what he can achieve. Moreover when he tries to govern we’ll see if this election was more about picking him or dumping Sarkozy. I suspect it was more the latter... Greece is just a mess and I don’t know what model you apply to understand it. It may take a number of election iterations before the ‘people’ figure out they have a bitter pill to swallow and pick someone to figure out what it will look like.

Europe’s doomed experiment with the politics of austerity went down in flames over the weekend as voters across the region veered sharply to the left in savaging incumbents. Elections in six European nations on Sunday promised to end any pretense of fiscal sanity. However, it remains to be seen how quickly and drastically the new leaders will act to further unbalance their nations’ books, ostensibly in the name of economic growth.

By the look of things, French youth are celebrating Hollande’s victory by picking up all of their friends and then driving up and down the streets honking their horns incessantly. Most cars were packed to the brim with passengers hanging out of every window and even the sunroof waving French flags, singing, or simply yelling pro-Hollande slogans.

Irradiation is bullish ... and the glow-in-the-dark thing reduces lighting bills