Headlines from CNBC online (I've quit watching it on television):
- CPI: inflation rose 7.9% in February as food and energy costs push prices to highest in more than 40 years;
- excluding food and energy, core inflation rose 6.4%; in line with expections
- highest since 1982; in 1982 the USAF was telling me I would be moving from northern California to North Dakota
- the assignments officer thought he was sending me on a hardship tour; I was headed home after being gone for ten years
- headed back to God's country; the only choice the assignments office gave me: Grand Forks or Minot. Even I knew that was an easy choice.
- look at this wage inflation: inflation-adjusted, workers paychecks fell 0.8% in February, contributing to a 2.6% decline over the past year
- not only are wages not keep up with inflation, it appears wages would hardly be keeping up in a non-inflationary world
- investors lapping non-investors
- Dow futures fall 400 points after talks between Russia and Ukraine falter
Biggest decision today: with Dow futures falling 400 points, should I buy on margin today? I will have the cash by Monday next week. And it won't be a trivial amount. Decisions, decisions.
Back to Linda Ronstadt, Blondie, and ABBA.
Wow, this is good. "My Back Pages."
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