QOTDAll this pain smothers me
Like a bomb that you can't see
Tell me, tell me what your after
I just want to get there faster
- Punkins, "Siva"
a) The lowest of all professionsAh, the media... lowest of all professions.
Here's the AP story on a bunch-a guys who were plotting to kill the Pope.
So, you read the article... 6 guys, living in London, street cleaners, from Algeria.
That's it.
Um, AP... there's no other information you have for me about why these guys might consider killing the Pope?
Were they enraged by the Pope making the streets dirty?
Did the Pope bad-mouth the Algerian soccer team?
You have to dig to find a story (not by the AP) that notes the obvious, that they are Muslim terrorists.
b) Where people are putting their moneyThis is a great chart.
It shows money flowing in/out of
stock (blue) and
bond (red) mutual funds over the last 20 years.
People (and their money) are fleeing the stock market and barreling in to bond funds.
Source: Investors Increasing Bond AllocationSo, if I had to predict the future, I'd say that this portends a decline in the bond market and rise in the stock market. Some time after this happens, we'll see and inflection point in cash inflows.
The S&P is 1125; the all-time high is 1575 from Oct 2007. So, we need a 40% rally to get back to that level. The problem with any Svengali-like predictions is that you never know how long it'll take to happen. Will bond prices falter in a few months or a few years? That's a tougher call.
c) Flipped. And bored.Movie:
FlippedReview:
1 bill-star (out of 5)... painful
Website:
www.imdb.com/title/tt0817177/Well, "Flipped" is supposed to be "The Wonder Years", redux.
I was supposed to walk out thinking that the movie was formulaic, but OK.
Well, no go. Flipped is a near-total cluster across the board: script, direction, acting... the whole magilla. This should have been an easy heart tug. No, it was heavy and
ham-handed. And boring.
Leaving the theater, I laughed to myself because I think that "Diary of a Wimpy Kid" was a junior high movie that had more heart than Flipped.
yow, bill