Thursday, June 20, 2019

Notes From All Over -- Part 8 -- June 20, 2019

Following this report, TSLA drops 3% on a day that the market is surging.

Until I saw this, it was my impression that Tesla was going to have an incredible quarter.

The Macroeconomics Page

It was my understanding this should not happen --

US debt estimated to be $22 trillion ...

Ten-year Treasury yield drops below 2% ...

Wouldn't one expect the Treasury yield to surge after the US is shown to have $22 trillion in debt? Knowing that the US will have to inflate its currency in the future, wouldn't an investor in US bonds want a higher return? Maybe I'm missing something. 

By the way, $12 trillion in non-US global bond debt is at a negative yield.

Cognitive dissonance.

There Won't Be Anymore

From wiki:
"There Won't Be Anymore" is a song written and recorded by Charlie Rich. Recorded in the 1960s, it was released as a single at the end of 1973, and was his fourth No. 1 hit on the Billboard Hot Country Singles chart in March 1974, and a top 20 pop hit as well.
Rich's version was recorded during his stint at RCA's rhythm and blues subsidiary, Groove Records, and his association with producer Chet Atkins, one of the architects of the Nashville Sound.
Like many of Atkins-produced songs of the era, "There Won't Be Anymore" featured choral backing and strings, a style prominent on other Rich recordings of the time. The song also featured a saxophone solo at the introduction and again during mid-song bridge. Allmusic reviewer Stephen Cook said that Rich's musical style "landed somewhere between the raw sound of his Sun hits ... and the pop crossover tone of his Epic smashes."

Although recorded in the mid-1960s, "There Won't Be Anymore" was not released as a single until 1973, after Rich had million-selling hits on Epic with "Behind Closed Doors" and "The Most Beautiful Girl." Rich's chart success led the labels that owned his older recordings—RCA, Mercury and Sun—to look for potential hits among the Rich tracks in their vaults. One of the first such songs to be released as a single was "There Won't Be Anymore." An earlier blues version of "There Won't Be Anymore" was recorded at Sun by Rich in the late 1950s/early 1960s.

Issued in December 1973, at the time his Epic single "The Most Beautiful Girl" was peaking in popularity, "There Won't Be Anymore" quickly became Rich's fourth #1 song overall, and the first of his five chart-toppers during 1974.
The four-year span from 1973 to 1977 was perhaps the most "explosive" in my life, my "coming of age." I know of no other four-year span in my life that was so "event-filled."

From my journal entries:

1974 - 1975
  • Off and on with B_____ C______
  • Charlie Rich, 1974 his big year:  
    • The Most Beautiful Girl 
    • There Won’t Be Anymore 
    • A Very Special Love Song 
    • I Don’t See me In Your Eyes Anymore 
    • I Love My Friend, She Called Me Baby  
  • Diamonds and Rust, Joan Baez, released, July, 1975

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