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Thumping and Running


"Life is what happens while you're making other plans"


My cup overflows, as does my plate. Indeed, "stuff" is entirely submerging my plate and the tray on which I carried it. I've got stuff coming out of my ears, pooled up to my knees. I've even had it up to "here".

Even good stuff (doing Closing Bell with Maria Bartiromo at 4) becomes a bit burdensome when it starts to pile.

Which... a) you all know b) "Boo Hoo, TV-boy" c) is just my way of whining / letting off steam d) pre-excusing going with the always-quicker bullet point on the afternoon column.

I feel much better now.

  • General Motors (GM) is "disappointed with the speed at which these ratings agencies reduced our credit to junk". Note to Detroit: you've deserved the rating for a long time. On a not-unrelated point, having been short your stocks in size last year, I can share your disappointment with the agencies. At least in terms of timing, if not direction.

  • And since all business is, in fact, personal, Detroit: The Red Wings aren't exactly getting any younger while the NHL is taking this little "break". And the Pistons are boring.

  • I said I felt "better", not "great".

  • It occurred to me this morning that I owe Maurice Chevalier a bit of an apology. Some things were said, over the years. Some harsh things. All I can say is that it took having a little girl before I could even consider that you weren't crooning about peculiar, creepy French things. And I still may be right.

  • Yeah, I've got some more thoughts on the whole hedge fund obsession dujour. As is generally the case with me, all they gotta do is ask.

  • "This is clearly the case of a potential boom / bust cycle. But the risks - are already in the headlines; they are unlikely to catch the market unaware. That doesn't mean the unraveling process may not occur. Some (negative) events can be be clearly foreseen, yet they happen - like WWII." - George Soros

  • Of course, George was talking about the huge growth of mutual funds, to over $2 trillion at the time he was speaking.

  • The hedge fund industry just passed $1 Trillion in assets.

Off to the show, to be followed be even more stuff management. I wish a safe evening to all!

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No positions in stocks mentioned.

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