Recent comments by Gubbmint Cheese

Gubbmint Cheese wrote on Tue, 1/15/2013 - 10:39 pm

For MP - http://www.hoisingtonmgt.com/pdf/HIM2012Q4NP.pdf

Gubbmint Cheese wrote on Thu, 11/15/2012 - 2:40 pm

http://www.federalreserve.gov/newsevents/press/bcreg/bcreg20121115a1.pdf

Gubbmint Cheese wrote on Sat, 10/20/2012 - 11:12 am

see you MP.

Gubbmint Cheese wrote on Sat, 10/20/2012 - 11:10 am

@MP - figured I'd share some of this stuff as both links are worthwhile. Good seeing you!

Gubbmint Cheese wrote on Sat, 10/20/2012 - 11:09 am

also for you low interest rate stock bulls - Buttonwood: The real deal | The Economist

Gubbmint Cheese wrote on Sat, 10/20/2012 - 11:05 am

http://www.hoisingtonmgt.com/pdf/HIM2012Q3NP.pdf

Gubbmint Cheese wrote on Thu, 10/18/2012 - 9:44 am

Per Rosie - no decoupling from Europe. https://twitter.com/gubbmintcheese/status/258971553058914305/photo/1

Gubbmint Cheese wrote on Tue, 10/16/2012 - 11:05 am

also found these poll results very interesting: BBC News - China inequality causes unease - Pew survey

Gubbmint Cheese wrote on Tue, 10/16/2012 - 11:04 am

The fund warns and encourages - FT.com

Gubbmint Cheese wrote on Tue, 10/16/2012 - 10:57 am

@MP - not a lot of IP going on either (on a 3m/3m basis) - a bit too early to celebrate the 'all clear' in my mind.

US industrial production down -0.1% on a 3m/3m basis. Charted... on Twitpic

Gubbmint Cheese wrote on Mon, 10/15/2012 - 11:41 pm

Good night MP! Good night all..

Cheers

Gubb

Gubbmint Cheese wrote on Mon, 10/15/2012 - 11:39 pm

Just winding down and thought I'd poke my head in to say hello in semi real time. Passed along a couple of bdw's for you this morning. And asking more dumb questions.. Smile

Gubbmint Cheese wrote on Mon, 10/15/2012 - 11:37 pm

I watched the video.. Very cool. Hope he's able to enjoy great success with that. What a wonderful idea.

Gubbmint Cheese wrote on Mon, 10/15/2012 - 11:34 pm

MP!

Gubbmint Cheese wrote on Thu, 9/27/2012 - 12:36 pm

Must get to work -
MP I'll send a note in a bit!

Cheers

Gubbmint Cheese wrote on Thu, 9/27/2012 - 12:19 pm

chugging along.. quietly muttering to myself as I see more and more froth in the marketplace. Appently AEP doesn't know what he's talking about.. Spain is all better!

Gubbmint Cheese wrote on Thu, 9/27/2012 - 12:15 pm

MP!

Gubbmint Cheese wrote on Thu, 9/27/2012 - 12:14 pm

no money - mo (bigger) problems.. Living Paycheck To Paycheck: Two-Thirds Of Americans Are Struggling To Get By

Gubbmint Cheese wrote on Thu, 9/20/2012 - 8:55 am

Posted late last night - thought I'd repost today

GUBBMINT CHEESE'S KUDOS ALERT:

Kudos must go out to MP and Conjure whose "CONJURE'S FUN FACTS: INDUSTRIAL PRODUCTION EDITION" was quoted verbatim by David Rosenberg in the Wednesday edition of his widely read market report, "Breakfast with Dave". I forwarded the observations to Rosenberg on Tuesday afternoon and he requested permission to use MP and Conjure's observations absolutely unchanged from what MP posted to all of us here on HCN the previous night (Comment by mp from thread 'Tuesday: Homebuilder Confidence Survey'.

Rosenberg used Conjure's observations as a follow up to his own commentary regarding the decline in Industrial production from his "Breakfast with Dave" on the previous day. For those of you who subscribe to Rosie, MP and Conjure's quote can be found on page 10.

specifically Rosie referenced this observation by MP & Conjure:

A couple of facts seem to have been missed in all of the excitement leading up to the latest QE.

As you're doubtless aware, production fell 1.2% in August.

Since 1960, production has fallen by 1.2% or more on only 3 other occasions outside of a recession.

October 1964 -1.4% GM Strike
January 1978 -1.4% Coal Strike
September 2005 -2.0% Hurricane Katrina

The data is, of course, subject to revision, but has anyone seen any strikes or hurricanes?

MP and Conjure now getting quoted verbatim by none other than Dave Rosenberg - and we get access to it here on HCN the day before - you gotta like that!

Way to go MP and Conjure!

Gubb

Gubbmint Cheese wrote on Thu, 9/20/2012 - 12:39 am

GUBBMINT CHEESE'S KUDOS ALERT:

Kudos must go out to MP and Conjure whose "CONJURE'S FUN FACTS: INDUSTRIAL PRODUCTION EDITION" was quoted verbatim by David Rosenberg in the Wednesday edition of his widely read market report, "Breakfast with Dave". I forwarded the observations to Rosenberg on Tuesday afternoon and he requested permission to use MP and Conjure's observations absolutely unchanged from what MP posted to all of us here on HCN the previous night (Comment by mp from thread 'Tuesday: Homebuilder Confidence Survey'.

Rosenberg used Conjure's observations as a follow up to his own commentary regarding the decline in Industrial production from his "Breakfast with Dave" on the previous day. For those of you who subscribe to Rosie, MP and Conjure's quote can be found on page 10.

specifically Rosie referenced this observation by MP & Conjure:

A couple of facts seem to have been missed in all of the excitement leading up to the latest QE.

As you're doubtless aware, production fell 1.2% in August.

Since 1960, production has fallen by 1.2% or more on only 3 other occasions outside of a recession.

October 1964 -1.4% GM Strike
January 1978 -1.4% Coal Strike
September 2005 -2.0% Hurricane Katrina

The data is, of course, subject to revision, but has anyone seen any strikes or hurricanes?

MP and Conjure now getting quoted verbatim by none other than Dave Rosenberg - and we get access to it here on HCN the day before - you gotta like that!

Way to go MP and Conjure!

Gubb

Gubbmint Cheese wrote on Fri, 8/10/2012 - 1:20 pm (in reply to...)

Sebastian wrote:

So what if short rates are zero

Seb - not to pile on.. but this is akin to saying "so what if the patient is brain dead, he can still run..."

come on man..

Gubbmint Cheese wrote on Fri, 8/10/2012 - 1:17 pm (in reply to...)

Sebastian wrote:

The hypochondriac economy: Complaints, just no measurable symptoms.

that sounds familiar.. where have I heard that before?

Phil Gramm indicators 

Gubbmint Cheese wrote on Thu, 8/9/2012 - 10:56 pm

2007 indeed.

Nytol

Gubbmint Cheese wrote on Thu, 8/9/2012 - 10:49 pm

More inssne 'hide the rabbit' shenanigans. I think perhaps Barofsky's recent quote could prove to be correct.

School bonds could trigger fiscal shock - FT.com

Progress will only come once all this crap is purged...

Gubbmint Cheese wrote on Thu, 8/9/2012 - 10:43 pm

@MP thanks very much for sharing your latest graph today.

Gubbmint Cheese wrote on Tue, 7/3/2012 - 3:26 pm

it's just one tiny basis point.. it all evens out in the wash.. some were up, and some were down.. so no harm no foul.. it will all work out, trust them.

incredible.

Gubbmint Cheese wrote on Tue, 7/3/2012 - 2:59 pm

spending over 8% of GDP (per year) to produce (at best) 1.75% GDP growth - and you suggest that is sustainable Seb?

Wow.

Just.. Wow.

Gubbmint Cheese wrote on Tue, 7/3/2012 - 11:39 am

@MP - Duy says don't worry.. lol: EconoMonitor : EconoMonitor » Manufacturing Turns South

Gubbmint Cheese wrote on Tue, 7/3/2012 - 10:56 am

@MP - uh oh.. Eurozone loans threat to German coalition - FT.com

Gubbmint Cheese wrote on Mon, 7/2/2012 - 11:49 am (in reply to...)

Omg MP... That is hilarious..

Gubbmint Cheese wrote on Fri, 6/29/2012 - 7:37 am

Corporate Profits Fall for First Time Since Recession - NYTimes.com

Gubbmint Cheese wrote on Wed, 6/27/2012 - 10:19 am

@MP - Mail

Gubbmint Cheese wrote on Wed, 6/27/2012 - 10:15 am

thus TED spread is all wonky as well..

Gubbmint Cheese wrote on Wed, 6/27/2012 - 9:43 am

4-27 Hanson…House Prices at “a Bottom”…For the forth year in a row!!! | Hanson Advisers  - housing bottoms every year..

Gubbmint Cheese wrote on Wed, 6/27/2012 - 9:39 am

re: Libor - "Done for you big boy": FT Alphaville » LIBOR manipulation? Done for you, Big Boy

Gubbmint Cheese wrote on Mon, 6/25/2012 - 10:29 am

also: Hussman Funds - Weekly Market Comment: Enter, the Blindside Recession - June 25, 2012 

Gubbmint Cheese wrote on Mon, 6/25/2012 - 10:29 am

Probably posted already, but just in case it hasn't: YouTube - Dr. Michael J. Burry at UCLA Economics Commencement 2012

Gubbmint Cheese wrote on Fri, 6/22/2012 - 12:02 pm

No MP - it will be the fault of American bankers and their 'unorthodox activities' as per Barroso.. Tongue

Gubbmint Cheese wrote on Fri, 6/22/2012 - 11:57 am

@MP the Euro leaders have their priorities straight..

https://twitter.com/MatinaStevis/status/215815888199368705

Gubbmint Cheese wrote on Thu, 6/21/2012 - 9:41 am

Lenovo Falls on Report of Lower Growth Guidance: Hong Kong Mover - Bloomberg

Gubbmint Cheese wrote on Thu, 6/21/2012 - 9:31 am

@MP - did you see this? Interesting (the math is wrong.. but the thought is what caught my eye): Sums are wrong: Germany owes Greece, leftist says - chicagotribune.com

I wonder what the Golden Dawn's position is on this..

Gubbmint Cheese wrote on Thu, 6/21/2012 - 9:29 am

Spanish banks need a bunch more money.. gasp

Wow.

Gubbmint Cheese wrote on Thu, 6/21/2012 - 9:09 am (in reply to...)

"oops"

Gubbmint Cheese wrote on Wed, 6/20/2012 - 12:17 pm

PS - what do you all of you poker players think of Ben's body language? He sure has a few tells doesn't he..

Gubbmint Cheese wrote on Wed, 6/20/2012 - 12:11 pm

Darn.. no stock with symbol "MP" on NYSE..

Gubbmint Cheese wrote on Wed, 6/20/2012 - 12:05 pm

is that condos, common shares or eurobonds MP? Tongue

Gubbmint Cheese wrote on Wed, 6/20/2012 - 12:03 pm

fear not.. all bad news is priced in.. stocks are cheap..

Gubbmint Cheese wrote on Sat, 6/16/2012 - 8:51 pm

Meanwhile in China (use google translate) - http://gz.house.163.com/12/0602/07/82VS3UO100873C6D.html

Gubbmint Cheese wrote on Fri, 6/15/2012 - 1:06 pm

Well that's it for me. Have a great weekend everyone.

@MP - Mail

Gubbmint Cheese wrote on Fri, 6/15/2012 - 12:49 pm (in reply to...)

RockyR wrote:

Who would be going into the euro over the weekend?

David Herro - David Herro Makes $1 Billion Bet This Whole Eurozone Thing Works Out