Open thread Feb. 12, 2016 Dan Crawford | February 12, 2016 10:12 am Tags: open thread Comments (7) | Digg Facebook Twitter |
” According to Michael Tesler, millennial parents with sons overwhelmingly support Sanders. But millennial parents with daughters overwhelmingly support Hillary Clinton. “
This campaign just gets weirder.
I can’t figure out who is rehabilitating who. Hunter S Thompson you left us too soon.
Boomers at a democratic debate…. Applauding an endorsement by Nobel Prize Winner ™ Henry F***ing Kissinger. The weird really has turned pro.
with today’s business inventories, i’m now showing our 4th quarter GDP growth to be negative…
in computing 4th quarter GDP, the BEA assumed an increase inventories in merchant wholesale and retail industries other than motor vehicles (pdf) for December at a $26.5 billion annual rate, which would work out to about $2.2 billion monthly…today’s business inventory report shows retail inventories ex-autos up 0.2%, or a bit over $0.8 billion, whereas the wholesale inventories report showed total inventories down almost 0.8% billion despite a $168 million increase in automotive products inventories…so it appears that the BEA overestimated December and end of quarter wholesale and retail inventories by nearly $2.4 billion, which would work out to a decrease at $9.5 billion annual rate from previously published figures, which would in turn would result in a subtraction of roughly 0.58 percentage points from 4th quarter GDP…
that follows smaller hits from construction spending and trade last week..
Anybody care to speculate what is going to replace the annuity business in a NIRP regime?
With 52 months till my planned retirement (hopefully, assuming last month’s whack to the 401K isn’t sustained ) I’ve been wondering how I am going to turn the 401K balance into a stream of payments?
Maybe Bernie’s Post Office Banks will be allowed to sell (FDIC insured?) annuities? Maybe part of the expansion of SS will include the ability to buy an enhanced SS payout with my balance?
Is this insane? I can’t help thinking the hybridization of private investments with government provided Social Security might be the kind of thing even GOP might consider…
You have part of the deed to all those US drone bases overseas.
Ain’t that something?
This about $28T in war since 1950!
Who needs annuities they are bombing Shiites for your SUV.
ah yes. The permanent bull market in turning people into pink mist.
More Henry the K love from the Clintons: http://www.motherjones.com/politics/2016/02/hillary-clinton-kissinger-vacation-dominican-republic-de-la-renta
Caution: may induce nausea.