Notes From All Over -- Part 2 -- August 27, 2021

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Market: I didn't listen to or read Jay Powell's comments out of Jackson Hole, and I did not listen to the analysts and/or talking heads but the market reaction tells me everything I need to know.

Market:

• NASDAQ: up 160 points; another intra-day all-time high.
• S&P 500: another intra-day all-time high; up 35 points
• Dow: up 212 points
• ten-year treasury yield, down: 1.314%
• Bitcoin: up over 1,200 points but still not above 50,000
• WTI: up 2.12%; up $1.41; trading at $68.84 (may be short-lived; due to weaker dollar; hurricanes)
• DXY: down, at 92.90

OXY: up 75 today. Whoo-hoo!

Economy: we are early in this phase of the economic expansion

• remember, 2020: the year of the plague;
  
• 2021: break-out .... delayed -- head-fake, but a good head-fake;
• 2022: the real break-out

Talking head:

• Helmerich and Payne: ready to explode (on Wall Street, not in the oil patch)

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

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Rears And Vices
Jayne Austen's Mansfield Park

Link here. 

Critics have written eloquently on Austen’s treatment of sex and sexuality, most notably Jillian Heydt-Stevenson and Jan Fergus. Disagreements abound, but one crucial line from Mansfield Park tends to get critics the most hot and bothered. The line is Mary Crawford’s, spoken in Chapter 6, in the hearing of many. It’s especially troubling to her suitor, Edmund Bertram.

Edmund, knowing that Mary formerly lived with her admiral uncle, asks about her knowledge of the British Navy. Mary answers him with jocularity, “Certainly, my home at my uncle’s brought me acquainted with a circle of admirals. Of Rears and Vices I saw enough. Now do not be suspecting me of a pun, I entreat.” Her attempt at wit isn’t met with laughter; we’re told that Edmund “felt grave” after she spoke.

There’s no doubt that she’s making fun of powerful naval men here. She’s already said that in her uncle’s home, she socialized only with highest-ranking of them. It’s clear by this point in the text that she’s willing to pillory these men for their faults. Just prior to this line, she describes them as invariably bickering and jealous.

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The Book Page

Guide to Greek accents.