06-JUNE 16-2021

Father's DayGood morning.
Michael Burry is a fund manager best known for going against the housing market in the runup to the meltdown.  Today, Burry sees inflation as the biggest threat to the economy.  And with prior stimulus measures boosting the price of everything from stocks to housing, the biggest threat is a nudge into hyperinflation.  Burry sees that happening this year.  Burry also sees the stock market as not only the greatest market bubble of all time, but the biggest by at least “two orders of magnitude.”  As investors adjust their return expectations for inflation, that bubble may burst.
Time will tell if he’s right.  But with corporate earnings growing strong and an economy reopening, less fiscal stimulus can likely cause inflation fears to cool down.  But if inflation is a problem, going to cash is no solution.  Another billionaire investor, Paul Tudor Jones, sees the best inflation hedges in commodities, gold, and cryptocurrencies.

Now here’s the rest of the news:

How Sunk Costs Keep Government Deficits Growing –Sean-Michael Pigeon,National Review
The reason government spending is incredibly costly is paradoxical: The state is wasteful precisely because people are so concerned about wasting money… [Read Here]

June 16, 2020

Same-old...-same-oldGood morning.
The Fed reached into its tool bag again and announced that it will be buying individual corporate bonds and not just bond ETFs.
The addition lifted corporate bonds and the equity markets as more stimulus fires up the speculative appetite of the investors.  Is Chairman Powell Mary Poppins or are they out of tricks?

“One can get anything if he is willing to help enough others get what they want.” –Zig Ziglar

Image that everything you want in your life is on the other side of this bridge.

Gros Morne National Park, NFLD

Naturally, you need to cross the bridge.

And THAT is where most people struggle.  Their fear-based minds hold them back with thoughts like:

“The timing isn’t right.”

“I can’t do that!  I’m not smart enough or good enough!  I’m too old (or too young)…”

June 16, 2019

All good things must come to an end … or so they say!

Today’s focus is to make final arrangements for my 2002 Buick Cadillac Deville.

*   *   *

Just got back from Sobeys after picking up some great RUFUS TEAGUE ‘honey sweet BBQ sauce’.  Mmm Good!

Hmm vs. Mmm vs. Mhmm

When texting or using instant messaging, I often write “mmm” as shorthand for a sound of agreement (imagine me nodding, sagely, thinking “yes,” “totally,” “I’m on your wavelength”.

To my horror, a colleague recently told me that she’s been interpreting my “mmms” as ominous.  While I thought I was being supportive (mmm implying “mhmm”), she thought I’d felt unsure (mmm implying “hmm”) because of a friend she has who used “mmm” this way a lot.  It made me wonder, how many other people are misinterpreting my gestures of approval?  And how many displays of caution have I brazenly pushed through, thinking the other person was on board?

To me this is an interesting example of the deeply personal relationship we all have with language. 

June 16, 2017

Hp Multi-Function Printer

Time to retire one of my many printers.  Good thing when I buy printers, I buy them in pairs.  Doing so allows me to swap ink and to throw less ink away when a printer no-long-works!

Unfortunately you cannot install two wireless printers — of the same make and model — on the same network running from the same router.  This means one printer must be hardwired to a computer via a USB.  No problem, until you want to install the latest drivers and not default to the Generic one…

Went online to download the Hp drivers and customer service walked me through the install.  After about 30 minutes … I have two printers, one working in my upstairs office and one in the lower office.  This should save a bit of running up and down stairs.

REW

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Come From Aways, Do You?

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