Ah, gracious Gott, these days are dangerous.
Virtue is choked with foul ambition,
And charity chased hence by rancor’s hand;
Foul subornation is predominant,
And equity exiled your Mein Gott’ land. (Henry VI, act 3, scene I)
Virtue is choked with foul ambition,
And charity chased hence by rancor’s hand;
Foul subornation is predominant,
And equity exiled your Mein Gott’ land. (Henry VI, act 3, scene I)
Mein Gott, it's a brave new world. Mein Gott, what a visionary is here ...
The pond was over-crowded this morning, but all the more reason for a late arvo post celebrating Mein Gott's outing, only a day and a bit old and as fragrant as the octopus sent to the bin in Mr. Inbetween, one of the few Australian shows the pond has watched with pleasure in recent years...
Even worse, there was a loon having negative thoughts (the cornfield awaits) ...
The S&P/ASX 200 soared to a new closing peak of 7959.3 points on Friday, just 40 points shy of the psychologically important 8000 point milestone.
All three major US indices also climbed. The blue chip Dow Jones broke through 40,000 points to set a new record as traders increasingly expect the US Federal Reserve to soon cut interest rates.
Dr Oliver said inflation and interest rates would remain the key focus of global markets. He said that, to date, share and investment markets had not been particularly focused on the US election race.
But Dr Oliver noted there were aspects of Trump’s policies that investors would regard as ‘‘quite negative”.
“The tariff increases ... and immigration policies could increase inflation,” Dr Oliver said.
“If we do see an increase in poll support for Trump it could heighten the market’s focus on a Trump victory and the potential inflationary consequences of that. But there is still a long way to go before the US election. There will be a lot more twists and turns.
“But no one likes political uncertainty.”
All three major US indices also climbed. The blue chip Dow Jones broke through 40,000 points to set a new record as traders increasingly expect the US Federal Reserve to soon cut interest rates.
Dr Oliver said inflation and interest rates would remain the key focus of global markets. He said that, to date, share and investment markets had not been particularly focused on the US election race.
But Dr Oliver noted there were aspects of Trump’s policies that investors would regard as ‘‘quite negative”.
“The tariff increases ... and immigration policies could increase inflation,” Dr Oliver said.
“If we do see an increase in poll support for Trump it could heighten the market’s focus on a Trump victory and the potential inflationary consequences of that. But there is still a long way to go before the US election. There will be a lot more twists and turns.
“But no one likes political uncertainty.”
There were the usual visual disruptions ...
A sixty per cent tariff! That'll teach the Chinese, and incidentally American consumers, a lesson.
Or perhaps a conventional pictograph to get the conversation going ...
Yes, it's gold, gold, gold, before Paris has started, and there were a few disappointing snaps of fist and finger pointed ...
If you're going to be spruiking gold, you need a snap of the good stuff ...
How disappointing it is to read fear merchants knocking the precious stuff ...
Dammit, the pond isn't going to take any notice of that sort of tomfoolery ... it's all the way with gold with down under Gott, as down under as expert Jim, who called it way back in 2022...
Now some might discover a few repeats in Mein Gott's work - the short cuts on his keyboard keep getting stuck on China's bots ...
Yes, one moment Wall Street is rushing to welcome the mango Mussolini, the next minute in a world of much greater uncertainty, it's time to hedge with gold ...
Only in Mein Gott land, where the changes in thinking are almost as remarkable as the changes in JD Vance's thinking ... yes, he's at it again ...
Sorry, the pond didn't mean to distract from Mein Gott's good as gold yarn ... why, as well as gold, why not nuke the planet. Second thoughts, why not plate the nuke sites with gold and double the returns?
Grand days indeed ... and the only downside for the pond is that the pond has used up its Mein Gott allowance early and must face the Thursday lizard of Oz without his help ...
Oh well, gold is forever, but life goes on, so they say.
ReplyDeleteThough it very nearly didn't just 900,000 or so years ago:
"A study proposes that the population that gave rise to modern humans may have been reduced to roughly 1,300 reproducing individuals".
https://www.smithsonianmag.com/science-nature/genetics-suggest-our-human-ancestors-very-nearly-went-extinct-900000-years-ago-180982830/
Anyway, of the two major reptile econo-mists - the Groaning Dame and Mein Gott - it's the latter who has the wider perspective: definitely world-wide. I think we'll all be expectantly interested in what Xi can do with a state-owned economy. Can he do any better that the USA with its multi-billionaire owned economy or Australia with its foreign-owned economy.
ReplyDeleteTalking of which, it seems that Pernod Ricard has sold its wine interests to Accolade Wines - owned by the USA mob Carlyle Group - to concentrate on 'spirits' and such. Not that we'll notice any difference, I expect, one foreign owner is much like any other though at least Accolade maintains offices in SA and HQ in Melbourne.
DP! Help is at hand... "the pond has used up its Mein Gott allowance early and must face the Thursday lizard of Oz without his help ..."
ReplyDeleteThe original Gottism... ""Gott is, of course, a slightly extreme example. But it seems to me that mild forms of Gottism are to be found all over the place."
From "So, some people think I'm rightwing ..."
David Aaronovitch
Tue 10 May 2005
...
"And it doesn't matter what is proved to have happened. Hutton? Butler? The attorney general's advice? Never mind what they actually say - that intelligence did judge that Saddam possessed WMDs, that the attorney general did advise that the war was probably legal - the cartoonists tell you that Blair is a liar, the comedians tell you that Blair is a liar, so he's a liar.
"Sometimes this predetermination becomes bizarre. Let me take one example, where I could take thousands. These are the words used by writer Richard Gott to describe Blair during this election campaign. "An arrogant and God-fuelled appeaser", and "a war criminal who should be locked up behind bars without a vote". And this is Gott on Iraqi leaders in mid-2002. "Saddam has had a violent past", but "is not a charismatic leader", partly because he uses "unconvincing rhetoric" and is "incompetent at getting his message across". Problems are caused by his "lack of sophistication and the secretive nature of his regime". Fortunately, however, his deputy, Tariq Aziz - Yuletide host of the new MP for Bethnal Green and Bow - is "an intelligent, articulate and persuasive politician". Gott, on a journey to Baghdad, notices that the many pictures of Saddam are not defaced at all. Is it, he asks, "terror, or apathy, or a cultural reluctance to disturb something associated with the state? It is difficult to say, but of overt signs of opposition to the regime, there are none."
"Gott is, of course, a slightly extreme example. But it seems to me that mild forms of Gottism are to be found all over the place."
...
https://www.theguardian.com/politics/2005/may/10/iraq.highereducation