Thursday, October 17, 2024

The Sara Eisen Hour -- S&P, Dow At Record Highs -- Part 1 -- October 17, 2024

Locator: 48608CRAMER.

The Eisen Hour: a mix of facts, factoids, opinions from various sources -- often not cited -- while listening to the Eisen hour on CNBC

ECB

  • EU economy: tilted to the "downside"
  • in a deflationary cycle
  • the back-to-back cut today was the ECB's third cut this year to try to stimulate the anemic European economy
  • there's a reason the inflation rate in many European countries has a 1-handle
  • folks complain about interest rates / inflation rates in the US -- hmmmm?

US, link here:

Disinflation, deflationary: recurring theme on the blog for the past six months -- we are re-doing our kitchen -- setting a higher bar — will post photo later next week — kitchen re-model might cost us $60, tops.

Kitchen appliances:

  • air fryer: practically being given away
  • Instant Pot: ditto
  • electric speed-boil kettles — hot water for instant coffee; tea
  • Keurig, of course
  • electric hot pot for soup -- do I even need an oven?
  • except for Thanksgiving turkey -- do I even need a stove?
  • option: smoked turkey from local vendor 

Screenshots: these are current prices -- nothing to do with Prime Day sales -- prices cut over 20% -- seeing this everywhere on Amazon Prime -- cuts of 20% to 30% on literally "everything" in which I'm interested. 



OKE:

Copper

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Disclaimer
Brief Reminder 

  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • 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. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.

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