steve203’s Activity

Today

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steve203 posted to the Macro Economic Trends and Risks board. 1:02 AM

FCA earnings

The automaker said Thursday it took a onetime, $88.5-million charge to settle safety issues and still earned profit of $364 million.

Ford and GM generally have profit margins above 10% in the region.

FCA boosted its profit
[more]

Yesterday

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steve203 replied to the Macro Economic Trends and Risks board. 10:41 PM

Re: Cecil the Lion and medical inflation

Dentists have the same advantage as MDs and auto mechanics: asymmetrical knowledge.

When my Aunt sold her lake house, 20 years old and quite nice, for $450,000, the new owners immediately tore it down and built a bigger place. The guy was a [more]

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steve203 replied to the Macro Economic Trends and Risks board. 8:01 PM

Re: Remember paper?

They are missing the paranoid. Remind them "if you have it on paper, Big Brother can't erase it and tell you it happened differently"

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 3:56 PM

Re: Never swing at the Curve Balls

"The Congress established the statutory objectives for monetary policy--maximum employment, stable prices, and moderate long-term interest rates--in the Federal Reserve Act"

My suspicion is the "maximum employment" [more]

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steve203 posted to the Political Quagmire board. 12:02 PM

latest GOP poll

Trump 20%
Walker 13%
Bush 10%
Carson, Huckabee, Paul, Rubio tied at 6%
Cruz and Kasich tied at 5%

Trump tails Princess Hillary and Biden by 12 points and trails Sanders by 8 points

Bush and Walked are tied with [more]

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steve203 posted to the Political Quagmire board. 11:56 AM

Kasich failure to launch

I signed up on his campaign web site to receive updates by e-mail on the 22nd. Have not received a single e-mail since, in spite of him making two appearances in Michigan last weekend.

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 11:40 AM

Re: Interesting oil stuff

Still doesn't make up for the silly chop shop for triple 7 parts story. }};-D

I stand by my assessment until it is proven wrong.

By jove you've got it, pretty smart for an old bachelor!!!

One of the guys I [more]

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steve203 replied to the Macro Economic Trends and Risks board. 11:21 AM

Re: Never swing at the Curve Balls

As I read Gross' comments, it sounds like he has discovered that trickle down economics doesn't work. Knock me over with a feather! (/sarcasm) The bottom line remains the financial industry borrows short and lends long, so a rise in interest rates [more]

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steve203 replied to the Macro Economic Trends and Risks board. 10:58 AM

Re: MORE young adults are living with their parents

I would attribute "failure to launch" to helicopter parents that raise their kids to be afraid of everything and stick with their parents all the time.

Steve

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steve203 replied to the Macro Economic Trends and Risks board. 10:55 AM

Re: Interesting oil stuff

...so this evening she brought me back a minion character from McDonald's. Do all women of a certain age turn crazy? }};-@

At least she thinks of you once in a while. She could have come home with 6 pairs of shoes for herself [more]

Wed Jul 29

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steve203 replied to the Macro Economic Trends and Risks board. 8:44 PM

Re: Good thing this isn't Greece!

That has happened before in history. The Empire State Building and the Panama Canal are the only two I know of, and both of those were in the early 20th century, so maybe we're due.

According to Wiki articles, the Golden Gate Bridge [more]

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steve203 replied to the Macro Economic Trends and Risks board. 5:27 PM

Re: Here's one to pique Tim's interest

Of course, the chop shop operation that hijacked the plan to strip for parts could have salted the ocean with worthless bits to throw searchers off.

I am also reminded of the section of fuselage that looks like it came from an Electra, and [more]

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steve203 replied to the Macro Economic Trends and Risks board. 4:55 PM

Re: Drone Killer Needed

...imagine if the drone driver wasn't stupid but intentionally targeting commercial airplanes that were taking off over say a city?

You mean like the meatheads that aim lasers at airliners? "Lookee...bet I can make that airliner [more]

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steve203 replied to the Macro Economic Trends and Risks board. 10:33 AM

Re: it's good to be a parasite

Health Insurance is consolidating into a few mega-giants with immense political and market power, and I am scanning for a few Davids with slingshots or Judiths with sword skills.

I was just about to post this link, as Cigna is still [more]

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steve203 posted to the Macro Economic Trends and Risks board. 10:01 AM

it's good to be a parasite

Anthem Earnings Have Never Looked Healthier

...the health-insurance company has capitalized fully on the boom in available customers signing up for coverage under the Affordable Care Act and other healthcare reform measures.

...
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 9:52 AM

Re: OT - US: 11 separate 'nations'

Damn Rebel!!! }};-D

USians are clearly "Patriots" because they won. "Traitors" are rebels that lost. "Rebels" is used when the rebellion is being fought.

Nice concept, except I question the [more]

Tue Jul 28

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steve203 posted to the Macro Economic Trends and Risks board. 9:35 PM

Detroit iron

Today:

Ford surprises in 2Q with record North American profit

DEARBORN, Michigan (AP) -- Ford Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 8:54 PM

Re: Music macro trends

I'm surprised cassettes sold for as long as that chart shows.

I could propose the theory that people now are more visually oriented than in the past. 40 years ago, bands at the top of the charts were usually composed of 4 or 5 scruffy guys [more]

Mon Jul 27

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steve203 replied to the Macro Economic Trends and Risks board. 4:32 PM

Re: Stiglitz on Greece

A Colonel Pinochet in Greece would be....... nasty news.

You have forgotten all the fanboys of the Pinochet junta? In the early 2000s we were always hearing about what a great job the junta did restructuring the economy and [more]

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steve203 replied to the Macro Economic Trends and Risks board. 4:21 PM

Re: Stiglitz on Greece

One can well view it as redistribution of wealth upwards

Rant #37, first posted on the Fool, when, 2004? Seems to be spreading throughout western nations, but it had a head start in the US.

Steve

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Big funky green star, 20000 posts Top Recommended Fools Old School Fool
Board Posts 35807
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Threads Started 5556
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Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: some opinions (6/2/1998)
Percentage of Posts Rec'd 58.78 %
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