Of Economic Reality, Upward Mobility and Ritholtz?
Discussion, critique and analysis of the potential impacts on equity, bond, commodity, capital and asset markets regarding the following:
The Jeffersons?
Courtesy http://www.tigerstrypes.com
Perhaps Norman Lear's most successful spinoff series to "All in the Family"? The Jeffersons was one of the longest running sitcoms, lasting 11 seasons and a total of 253 episodes; the 2nd longest running American series with a primarily African American cast and the 1st to prominently feature a married interracial couple.
By 1975, little Jefferson Cleaners had successfully grown into a small chain; and George's newfound wealth led to "movin on up" from next door to Archie Bunker in Queens, to a "deluxe apartment in the sky" in Manhattan. George often found that flaunting money didn't open every door or win him favor with everyone.
The Jeffersons eventually evolved into more of a traditional sitcom but did reference such issues as alcoholism, racism, suicide, gun control and adult illiteracy. The show received 14 Emmy Award nominations, Marla Gibbs was nominated for Best Supporting Actress in a Comedy Series each year from 1981-85.
Isabel Sanford was nominated for 7 consecutive Best Actress Emmys, from 1979 until 1985. Her 1981 victory made her the 1st African-American actress to win an Emmy for Best Actress in a Comedy Series, and the 2nd to ever win any Emmy Award; bonus points for those who can name the 1st. Hint: Joe's "Fair" girl Friday, Peggy.
Sherman Hemsley's oft rude, arrogant mirroring as an Archie Bunker of color, demonstrated that loud mouthed, opinionated bigots come in many colors. Yet, this irascible bigot became one of television's most memorable, beloved characters and a symbol for urban upward mobility,
Speaking of mirror images and upward mobility, some say we are in a debt crisis, while other's see this as reflecting a healthy and prosperous economic situation. You be the judge....
A Phantom Debt Crisis?
Bloomberg, May 18, 2017: Seeing a Debt Crisis That Isn't Really There.
Above, a chart from the cited missive showing household debt service payments as a share of disposable personal income declining from 13 to 10%. Subtlety, household debt service includes mortgages, not rent.
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- Last Time Out; Movin On Up; Phantom Debt Crisis
- Obligations vs Debt; Mortgage Debt Service; Real DPI; Rental Income
- Owners Rent; Inflated PCE, GDP and DPI; Deleterious Imputations
Last Time Out?
"TEVA's misfortune may have surprised some, yet, exerting due diligence prior to the acquisition, also revealed as management surely knew..." - Teva - Fiddler Made A Goof?
"At the end of the day, with the Amazons, Facebook's, Teslas, Chipotle's and Sino's, what advice can we give about perceived and so called book values?" Of Chipotle, Sino-Global, Valuation And Glengarry Glen Ross?
There is a tenuous link between real economic activity and stock prices. Due diligence, data, calculations, modeling assumptions, perceived values and decision making based upon data and numbers. All come into play in making up a (fill in the blank) household budget or investment plan.
Disposable personal income (DPI) is income less taxes. After tax income is available for outlays to pay expenses, with any remainder available for savings and or investment. Increased income and DPI through wages and/or successful planning can bring an increased quality of life (QOL) in the form of upward mobility or movin on up like...
The Jeffersons?
Perhaps Norman Lear's most successful spinoff series to "All in the Family"? The Jeffersons was one of the longest running sitcoms, lasting 11 seasons and a total of 253 episodes; the 2nd longest running American series with a primarily African American cast and the 1st to prominently feature a married interracial couple.
By 1975, little Jefferson Cleaners had successfully grown into a small chain; and George's newfound wealth led to "movin on up" from next door to Archie Bunker in Queens, to a "deluxe apartment in the sky" in Manhattan. George often found that flaunting money didn't open every door or win him favor with everyone.
The Jeffersons eventually evolved into more of a traditional sitcom but did reference such issues as alcoholism, racism, suicide, gun control and adult illiteracy. The show received 14 Emmy Award nominations, Marla Gibbs was nominated for Best Supporting Actress in a Comedy Series each year from 1981-85.
Isabel Sanford was nominated for 7 consecutive Best Actress Emmys, from 1979 until 1985. Her 1981 victory made her the 1st African-American actress to win an Emmy for Best Actress in a Comedy Series, and the 2nd to ever win any Emmy Award; bonus points for those who can name the 1st. Hint: Joe's "Fair" girl Friday, Peggy.
Sherman Hemsley's oft rude, arrogant mirroring as an Archie Bunker of color, demonstrated that loud mouthed, opinionated bigots come in many colors. Yet, this irascible bigot became one of television's most memorable, beloved characters and a symbol for urban upward mobility,
Speaking of mirror images and upward mobility, some say we are in a debt crisis, while other's see this as reflecting a healthy and prosperous economic situation. You be the judge....
A Phantom Debt Crisis?
Bloomberg, May 18, 2017: Seeing a Debt Crisis That Isn't Really There.
Yes, household borrowing has topped the old record reached right before the financial crisis. But that doesn't mean a meltdown is coming. Headlines designed to inspire anxiety or other emotional responses should be thought of as click bait.
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There is no cost involved and it has been our experience that if you exert control (by unchecking a box of two) over your communications settings in your Seeking Alpha profile, your email inbox will not be polluted with one bit of Spam (not even the cured pork shoulder variety. Tasty even.)
As we are now a "contributor" at Seeking Alpha, our published articles, instablog and comments can be found here. Please continue to follow The Nattering Naybob here and at Seeking Alpha. We thank you for your support.
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