Downright fascinated (again) by this morning's financial market activity....first thing (starting at 3am) the feeds and alerts all looked about like this: "Stocks (will) open(ed) lower Thursday after a surprise jump in jobless claims, a disappointing signal on the employment front ahead of Friday's jobs report. But Cisco shares rose. The networking-gear maker beat earnings expectations and CEO John Chambers said on CNBC this morning that business spending is "way up." www.cnbc.com/id/35234593.
It seems we really can't trust the job numbers that come out as the follow-up from CNBC looked like this: "Correction: Jobless Claims Unexpectedly Rose Last Week Up 8,000 to 480,000; Survey expected Down 10,000 "..is the unemployment number 20%? Is there recovery or is Chambers really just being John with the good word?
The market moves on these"numbers" (of course)and then we find out the market responded to incorrect numbers and all I can think is "give me a break"... maybe time to take a walk... the conspiracy crowd is right after-all. My old partner Dan used to say (he was an investment partner), "of course it's corrupt, but we are making money. No excuses". Well we did for a bit and then?... was that ugly? Yup.
and next? well BofA is having a few more problems: "the Securities and Exchange Commission filed a motion Thursday seeking court approval of a proposed settlement where Bank of America will pay $150 million to settle SEC charges that the company failed to properly disclose employee bonuses and financial losses at Merrill Lynch before shareholders approved the merger of the companies in December 2008." www.cnbc.com/id/35237218
..my answer to this? Go find a friend and take a walk. If the friend is a wonderful Dog you better put him on a lease it seems... maybe embrace humanity, pick up some litter, try some graceful behavior ("may I please" instead of "gimme" at lunch).. what we do really does matter. jazzmonk.blogspot.com/2010/01/..
...and then get one of these: www.mnn.com/the-home/building-... "One part garden shed, one part eco-clubhouse and one part home office, the Archipod gives work-at-homers a chance to step out of the house ... and into the backyard.".. a place to meditate. We all need some Peace.
It seems we really can't trust the job numbers that come out as the follow-up from CNBC looked like this: "Correction: Jobless Claims Unexpectedly Rose Last Week Up 8,000 to 480,000; Survey expected Down 10,000 "..is the unemployment number 20%? Is there recovery or is Chambers really just being John with the good word?
The market moves on these"numbers" (of course)and then we find out the market responded to incorrect numbers and all I can think is "give me a break"... maybe time to take a walk... the conspiracy crowd is right after-all. My old partner Dan used to say (he was an investment partner), "of course it's corrupt, but we are making money. No excuses". Well we did for a bit and then?... was that ugly? Yup.
and next? well BofA is having a few more problems: "the Securities and Exchange Commission filed a motion Thursday seeking court approval of a proposed settlement where Bank of America will pay $150 million to settle SEC charges that the company failed to properly disclose employee bonuses and financial losses at Merrill Lynch before shareholders approved the merger of the companies in December 2008." www.cnbc.com/id/35237218
..my answer to this? Go find a friend and take a walk. If the friend is a wonderful Dog you better put him on a lease it seems... maybe embrace humanity, pick up some litter, try some graceful behavior ("may I please" instead of "gimme" at lunch).. what we do really does matter. jazzmonk.blogspot.com/2010/01/..
...and then get one of these: www.mnn.com/the-home/building-... "One part garden shed, one part eco-clubhouse and one part home office, the Archipod gives work-at-homers a chance to step out of the house ... and into the backyard.".. a place to meditate. We all need some Peace.
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Hello, and thanks for sharing link to your blog, I enjoyed reading it. I love the Archipod, looks like a coconut, A great in yard getaway. G
ReplyDeleteI hear you! Tell people who are out of work (like my husband) that the economy is turning around and he will laugh in your face. The worst is yet to come as the developers who owe more on commercial properties default.
ReplyDeleteTruly, people who have so much money forget what it is like to not be able to afford to buy an apple for your kid. I need a pod!
I'm with you JazzMonk and Shane...and what I mean is I am with your willingness to acknowledge reality but not be swept into the current of cynicism and lethargy that so many embrace in these tough times. The heroes are people like you who continue to find solutions to our pressing problems with faith that there is a HUGE universe out there that we are a living, viable, important part of and that challenges have been given to us to use as catalysts for evolutionary progress.
ReplyDeleteIt's not so much the "why" of being here but the "what can we do" that will define our legacy.
Like everyone, I sometimes grow weary of the uphill climb...but then I realize I've been given muscles (physical, mental and spiritual) to make that climb and achieve the summit.
What is the summit? I believe we've always known the answer to that question. The summit is -every day- asking how we can make the world a better place...starting with the peace we make within. Whew! Not always easy...but it sure makes for a roadmap easier to follow than the folly set by Wall Street, Washington or those clowns on TV!
Let's go make a difference with love...Ali