Could Have Skipped Friday
I don't have much to say about things economic tonight. I am in weekend mode already.
I think today the markets could have been closed as the NASDAQ ended right where it started (0.00% change) and both the DOW and S&P ended up 0.04% which is really creepy how they all were moving in identical patterns all day. Almost fractal like, or computer generated. Weird stuff.
Friday Night Entertainment
An extended dose of the "other" stuff as I am not really into a groove yet for the heavy duty stuff.
Macro Man Does Comedy
A great stop in finance is Macro Man and he had a very funny post up titled:
You Know QE Expectations are Getting Out of Hand When....
The whole thing is a must read, but a sample to get you to click over:
You know QE expectations are getting a bit out of hand when...There are 10 more at the link.
1. Goldman calls for $2trn.
2. Rumours fly around that the Fed may eventually do $4trn.
3. China starts complaining that the Fed is about to purchase $1trn of USTs despite buying a similar amount themselves.
4. Xerox is up 36% since Jackson Hole.
5. Your Mom calls you asking what QE is.
6. The BoJ buys a promissory note from TMM for $1bn whose principal is equal to their combined yearend bonuses price in Gold today.
7. IBM issues a super long bond.
8. Mexico issues a really super duper long bond.
9. You find out that both of these organisations have a guy who had Bernanke as a thesis advisor in their Economics PhD program before joining their respective Treasury departments.
10. Greek tourist-tat shops sell QE wallets three times the size of normal ones.
They Are Already Arming Them!
First they are teaching the robots how to hurt a human in the best way, now they are handing out guns!:
Robots with Guns are the Pentagon's Equivalent of Booth Babes
Reddit Not so Great Here
I always see little tags for Reddit but I had no idea what is was. I am going to say it is safe that this poor guy will not be using it again (click for larger view):
In Case You Need One
As I am horrible at math I often resort to calculators for assistance. Here is a great online one if you need to do some crazy math:
It does most everything.
Corrected, Project Azorian
Last November I highlighted a wild story about the CIA project to recover the sunken Soviet submarine K-129. I thought the project was called Project Jennifer, but a new book I just finished that was just released (Project Azorian by Polmar and White) details it was really called Project Azorian:
"AZORIAN" (erroneously called JENNIFER after its Top Secret Security Compartment by the press) was the code name for a U.S. Central Intelligence Agency (CIA) project to recover the sunken Soviet submarine K-129 from the Pacific Ocean floor in the summer of 1974, using the purpose-built ship Hughes Glomar Explorer. The 1968 sinking of the K-129 occurred approximately 1,560 nautical miles (2,890 km) northwest of HawaiiI love this kind of stuff.
Added right after I posted:
Had to show this picture (click for larger):
via Geekologie, the graphic shows where various films were based in the US states! Too cool. "Children of the Corn"!
I will stick with the horror genre due to the approaching holiday.
My all time scariest movie? Easily "The Exorcist". I still cannot watch this thing and go to bed anytime soon that night. Here is the original trailer:
No, I am not watching that any time soon again.
Best scene from "Halloween"? The Lonnie scene:
"The Blair Witch" film creeped me out and the ending was shocking and terrifying:
He's in the CORNER!!!!!!!!!!!!!!
While the music never leaves, the songs have returned to Friday night!
Watchtower wanted some Billy Squier and "In the Dark" and I had never heard it before! I like it very much:
Let's go with "Born on the Bayou" for a CCR fix:
Play this one for the kids before Halloween night! Iron Maiden's "Fear of the Dark":
They can pull anything off. Bruce Dickinson is the greatest. Great live version here with a great crowd. A real show.
How I came to know the Del Shannon song "Runaway" was through the theme for the show "Crime Story" and someone was nice enough to post it on YouTube:
You know you love the "Chariots of Fire" song, admit it:
One of the comments on the song at the Tube was "makes me want to run in slow motion!". Too funny.
Two songs left, what will it be?
"Under the Bridge" by the Red Hot Chili Peppers is up:
Last call! One more song and I am gone.
Ok, in my dreams I can play guitar! Seeing as I cannot, here is exactly what I would do if I could! Play the middle acoustic section of the Metallica song "To Live is to Die" right off the cue:
The studio version of the band is at the 4:50 mark of this video. Great job dude!
Have a good night.