Thursday, March 30, 2023

Eggs — In Context, The Egg Story Was …. Silly … And A Distraction — March 30, 2023

Link here.

Americans, today, have it pretty good.

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Never Cry Over A Boy

… you’ll ruin your mascara.


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We Gotta Get

… out of this place.

 
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A Goldilocks Economy
 

Mortgage rates falling: recent home buyers can re-finance and use their new house as an ATM.


Jobs everywhere. Unemployment rate about 1%. Lots of folks taking advantage of this by holding two jobs.

Initial unemployment claims: from 191,000 to 195,000. 

Unions back in vogue. See recent Michigan story. Right to work.
 
Eggs at Target back to what they were two years ago. 
 
GDP: holding. 
 
Taylor Swift tickets at $1,000. Not my idea of a recession.

 
Those who are skittish of/about the stock market can invest in bonds and get a 5% return and no risk now that the US government will backstop even the worst-run banks.

Those who don't like guaranteed 5% yields can easily get 7%+ yields in the stock market, with hardly much more risk.
 
US not directly involved in any war.
 
US with so much energy, natural gas is going for less than $2.00. Now, Henry Hub with a $1-handle; if the news gets any better, we'll see natgas with a $0-handle. LOL.

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