Friday, June 28, 2013

Birthday People June 28-29,2013

June 28
Country singer Kellie Pickler is 27.
June 29
Pop singer Nicole Scherzinger,35
Her boyfriend is race car driver Lewis Hamilton.

US-Saudi Talks Focus on Syria

US Secretary of State John Kerry continues his journey to the Middle East and Asia this weekend.The trip began June 21 and extends through July 2.On Tuesday 25 June,Mr.Kerry held talks with Saudi Arabia's Foreign Minister,Prince Saud al-Faisal,in Jeddah,Saudi Arabia.
In remarks following their meeting,His Royal Highness described the talks with John Kerry as having been a fruitful,constructive discussion,transparent and open-minded.At the top of their agenda was the crisis in Syria.
Perhaps the most ominous development is the involvement of foreign forces,Prince Saud noted,foremost of which is the motions of Hezbollah with support from Iran's national guard in the mass murder of Syrians,with unlimited military support from Russia.This critical turn of events cannot be overlooked.
Over and above the regime's genocide against its own people,this adds an even deadlier element in the form of an all-out foreign invasion that breaks every international law,protocol and principle.This violates the Syrian land and turns it into a battleground for global and regional conflicts and puts it under the mercy of sectarian struggles.
Syria can only be considered an occupied land.This requires a firm stand and speedy action from the international community.
I would like to commend the US decision to send military aid to the Free Syrian Army,and express my relief for what I heard today from the US Secretary of State concerning both changing the balance of forces on the ground and maintaining the legitimacy of the Syrian National Coalition as the sole representative of the Syrian people,Saudi Foreign Minister Prince Saud said.
Mr.Kerry is currently meeting in Amman,Jordan and Jerusalem with Jordanian,Israeli and Palestinian officials on advancing the Middle East peace process.From there,he will travel to Brunei for ASEAN meetings.

Wednesday, June 26, 2013

Birthday People June 26,2013

Baseball player Derek Jeter is 39.
Actress Eleanor Parker is 91.
Support your online news outlets.

Tuesday, June 25, 2013

Birthday People June 25,2013

Actress Busy Phillipps is 34.
Actress June Lockhart is 88.
The east coast is feeling its first heat wave of summer.

Ranting and Raving:Stocks Down,Bond Yields Up

Stocks continued their downward momentum on Monday.I see a lot of companies whose stocks seem to be in the wrong place.They want to come down,cautions CNBC's Jim Cramer.
The Fed has lost control of the bond market.Everybody has to readjust.What if the ten year Treasury goes to three?A 3% Clorox is not as good as a 3% ten year.It's one of the bond market equivalents that don't work.It's just breathtaking to watch the TNX,the Treasury Yield Index,when you don't have a bond terminal.
There's a couple of higher yielding stocks and MLPs,master limited partnerships.I'm watching Brazil and the riots.Are they still gonna stage the Olympics?You can't even make money if you bet against the Olympics.
Who is gonna say the magic word that Fed fund rates are gonna go higher?That's something we don't want to hear.I feel Fed Chairman Bernanke is boxed in the corner.He has become the world's largest bond trader.
Copper under three scares me.China does worry me.I went to see a meerkat exhibition.They were all huddled together,clearly worried about the bond market.
Whirlpool has a giant Brazilian market.This is one of those "let them eat cake" situations.They're building the Olympics and forgetting the people.I rented out one of my homes for July.I need the income because of the Brazilian market.
I want the highest quality here.The earnings coming out this week will be a good tell,the popular expert investor Jim Cramer said.
The TNX-10 Year Notes closed at 25.48 on Monday,up 0.34,or 1.35%.
Whirlpool(WHR),Clorox(CLX)

Monday, June 24, 2013

Did Nik Wallenda Really Cross the Grand Canyon

Sunday evening,Nik Wallenda crossed a quarter mile gorge in Northwestern Arizona on a wire.Yet a question has arisen as to whether he actually crossed the Grand Canyon.In a word,no.He walked across something else on the wire:the Little Colorado River Gorge.The Little Colorado River flows into the Colorado River and the Grand Canyon.So he really crossed an offshoot or outlier of the Grand Canyon,which was indeed a spectacular achievement-just not exactly as billed by the Discovery channel.
It's surprising that co-host Natalie Morales and her employer NBC News went along with the innacuracy,possibly damaging their credibility.Grand Canyon National Park said it wouldn't allow such a stunt on its land because it constitutes a disturbance to the environment and visitor experience.The Navajo Nation did allow it on their land  for the fees and publicity the stunt generated,to the benefit of the tribe,in their judgement.
During his crossing without a harness or netting to break a fall,Wallenda,34 and the married father of three,complained of dust on the cable and strong wind gusts,at times kneeling to wait out the swaying,as well as expressing his Christian faith in brief utterances.It was a much tenser experience for him and his viewers alike than his crossing of the Niagara River Gorge,when he was required to wear a harness.
It was confusing,totally an optical illusion,Wallenda said.It took every bit of me to stay focused.There was a huge rhythm in the cable.My contacts are filled with dust and my mouth is very dry,like crossing the desert.
My ancestors are a great inspiration to me.It's such an honour to carry on the legacy.
The crossing took 22 minutes,54 seconds.There were 700,000 tweets about the event,up to 40,000 tweets a minute,and the Discovery channel's website got 1.5 million hits.
In the end,Wallenda stood alone looking out over the gorge,wiping tears from his eyes.
Discovery Communications(DISCA)




Friday, June 21, 2013

Birthday People June 21-22,2013

June 21
Prince William is 31.
June 22
Actress Meryl Streep,64.
Have a great weekend.