steve203’s Activity

Today

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steve203 replied to the Macro Economic Trends and Risks board. 10:35 AM

Re: So what's a couple extra cents?

So now, instead of going to work each morning to make syrup, the CEO goes to work to make futures contracts and hedge against his suppliers being taken over or outwitted by some Wall Street firm that wants Coca-Cola to get its customers to pay an [more]

Yesterday

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steve203 replied to the Macro Economic Trends and Risks board. 4:40 PM

Re: Sell Chicago

2) When Chicago deals with these pension problems, how will the companies and residents respond?

Probably the same way Detroit did. To politicians, raising taxes, for any reason, is self immolation. The politically acceptable [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:23 PM

Re: So what's a couple extra cents?

If a market is so tight that it is possible for GS to make a profit by taking physical delivery of tens of thousands of pounds of metal, and all of the costs associated with taking that delivery, then maybe the market is tight enough that Coke [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:03 PM

Re: Why U.S. companies aren't as rich as you thi

As long as the Fed keeps suppressing interest rates, a decent ROI on debt fueled investments is easier to achieve. You could argue that a big pile of cash is a failure of management to find a good way to invest it.

Increasingly, the [more]

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steve203 replied to the Macro Economic Trends and Risks board. 11:51 AM

Re: About 100,000 in U.S. now work for Chinese firms

We heard the same sort of xenophobic whining about the Japanese in the 80s. Funny no one ever cries about the Brits and Canadians investing in the US. As of 2013, China wasn't even in the top 10 foreign investors in the US.

Japan was [more]

Sat May 28

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steve203 replied to the Macro Economic Trends and Risks board. 10:49 PM

Re: So what's a couple extra cents?

With such an open and shut case how come no one has sued Goldman?

Because Lloyd Blankfein says Goldman does "God's work".

It's quite apparent that in the US, today, there are the peons that are subject to [more]

Fri May 27

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steve203 replied to the Macro Economic Trends and Risks board. 8:08 PM

Re: Violent struggle over oil and money

... ended all pipeline security contracts and reduced the monthly stipends.

I hear echos of "billions for defense, but not one penny for tribute".

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 9:40 AM

Re: I'm getting nervous

...unless the Fed goes for true helicopter money (creation and distribution of "free money" essentially as a gift either to consumers or the government to finance additional spending). I deem this unlikely for reasons of [more]

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steve203 posted to the Macro Economic Trends and Risks board. 9:37 AM

Walmart price matching going away

Walmart ending in-store price-matching

Bargain hunters have been enjoying big savings with Walmart's in-store ad-matching program, now it's coming to an end at hundreds of stores.

Walmart says it plans to implement
[more]

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steve203 posted to the Macro Economic Trends and Risks board. 9:32 AM

Sears

Looks like Eddie Lampert is starting to think the Sears brands are worth more than the Sears stores.

Sears seeks 'alternatives' for Kenmore, DieHard, Craftsman

In releasing first-quarter results, Sears Holdings said it
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:39 AM

Re: OT for Tim

Speaking of Nova Scotia, Pittsburgh Penguins (captained by Halifax native Sid Crosby)

Ever wonder if Don Cherry's clothing choices could bring back radio?

[more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:37 AM

Re: OT for Tim

Good Grief, ever here of email?

I thought about that, but seems I recall you saying the e-mail that you have associated with your Fool account is one you rarely use, so may not check for days.

C$2799.40

So [more]

Thu May 26

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steve203 posted to the Macro Economic Trends and Risks board. 8:21 PM

OT for Tim

What was the body shop bill total for the most recent time your Volvo was bunted? I was looking at a used car today and the CarFax report says it was in two accidents in Quebec over it's life, with each incident resulting in less than $2,000 [more]

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steve203 posted to the Political Quagmire board. 5:07 PM

Trump reaches delegate goal

Delegates in hand, Trump says he's got GOP nomination

It takes 1,237 delegates to win the Republican nomination. Trump has reached 1,239. Of those, 95 are unbound delegates who have endorsed him.

With 303 delegates at stake
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 4:13 PM

Re: Wells Fargo lowers the bar

In other words, what Wells Fargo is doing is not necessarily anything new as it pertains to underwriting risk.

The Wells Fargo press release complains that the existing programs are full of burdensome big gummit forms. This program [more]

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steve203 posted to the Macro Economic Trends and Risks board. 12:42 PM

Wells Fargo lowers the bar

Wells Fargo launches 3 percent down payment mortgage

"We are fully underwriting the borrowers, we are partnering with Fannie Mae to originate and sell these loans, we are insuring the borrowers have an ability to repay and that
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:38 PM

Re: Oil breaks above US$50

USians hit the road for the Memorial Day weekend tomorrow.

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 12:37 PM

Re: Why does this sound familiar?

China to send nuclear-armed submarines into Pacific amid tensions with US

The US has had nuclear armed subs in the Pacific since the early 60s. I don't see anyone huffing and puffing about that.

The primary reason [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:00 PM

Re: Foxconn replaces '60,000 factory workers

My local community college teaching auto mechanics & refrigerate a/c, welding, nursing, dental hygienist, law enforcement, electrician.

The local CC here has an auto body course that appears to have some actual hands on [more]

Wed May 25

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steve203 replied to the Macro Economic Trends and Risks board. 8:51 PM

Re: Foxconn replaces '60,000 factory workers

like installing/repairing plumbing in buildings, installing/repairing electrical outlets etc. in buildings and installing/repairing HVAC

And who will train those people? Employers don't train people anymore. Public schools [more]

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Boards Stats & Trivia

Big funky green star, 20000 posts Old School Fool
Board Posts 38237
Recs Received 75965
People who have rec'd these posts 2005
Recs to Posts Ratio (last 30 days) 15.70
Threads Started 5965
Threads Started Percentage 15.60 %
Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: some opinions (6/2/1998)
Percentage of Posts Rec'd 58.84 %
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