In The News – Friday, October 10th, 2014 Edition
Better call your bookie. Microsoft’s Cortana
correctly predicted 13 of 15 games in week five of the NFL season. For the year
it is 47-29. Here are the picks for this week. The
interesting one to me is the one where Cortana goes against the Vegas line by
picking the Steelers over the Browns.
Saw a great interview with Leon Cooperman yesterday on CNBC. 30% of
the S&P 500 have dividend yields that exceed the Ten-Year Treasury.
Dennis is a smart guy but he has been whipsawed almost every time he
has made a call on the stock market.
Crude settles at lowest price since 2012. Weak dollar and supply coupled with weak
economies in Europe. Good for consumers. Could this be a good buying
opportunity? Some strategists think we’re headed back toward $100/bbl
this winter. The key may be what the Saudis do. So far
they have kept production flat at 9.6 million barrels a day. Will they cut back
to bring Crude back in the $95/bbl range.
If there’s anyone in that part of the world we
should be arming it the Kurds. They’re apparently running low on ammo. Someone in charge of foreign policy – ahem,
ahem – ought to be doing everything possible to keep these guys in the
Apparently murders by steam, hot vapours and
hot objects correlates positively with the age of Miss America. You heard it
right. I’m guessing it may be the result of jealous wives throwing boiling
water on leering husbands. Actually, it’s a great
example of correlation not necessarily being causation. It’s the kind of argument we see all the time
from people trying to prove some point or another where there is no real
evidence. If you want a PhD in Civil Engineering you need to eat plenty of
mozzarella chese. I question whether the marriage rate in Kentucky example is a
good example. When someone drowns by falling out of a fishing boat it makes
perfect sense to me that the marriage rate might go up. The same holds for the
positive correlation between people electrocuted and the marriage rate in