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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (16715)	9/11/2023 12:14:21 PM
From: Kirk ©	Read Replies (3) \| Respond to of 26780

That sounds great but I'll not hold my breath that the morons figure out unicorn farts don't pay for all the giveaways they desire. I'm with them on Social Security and Medicare should be made stronger with NO tests for income... those who make a lot more money pay for Medicare so why should their rates be so high other than they have money? Here I read today that the GOP opposes reparation payments while the Dems are about split. Some want cash payments for each year in CA getting unequal health care results... Many from the AA sports groups have a lot of high school reunions to relive the good old days. They post pictures of themselves... It is amazing that people with BMIs in the 40s and 50s will blame anyone but themselves for poor health results and lower life span... even before you account for the high murder rate in Oakland (where many moved as they were gentrified out of Daly City by Asian migration, mostly from the Philippines) that I think I read takes 2 years off life expectancy, especially with all the very young kids now getting killed as collateral damage. Anyway, expecting common sense from voters is not something to place money on. It blows me away we can't get anything better than the two over ripe (too old!) turds who I believe will run against each other in 2024 for the white house. but good points none the less.

To: robert b furman who wrote (16715)	9/11/2023 12:18:07 PM
From: Kirk ©	1 Recommendation Recommended By Sr K Read Replies (1) \| Respond to of 26780

I agree. Was considering buying another new, issue 6-month UST today but may wait for the inflation data on Wed to get another pop. Maybe dumb as waiting means more CA taxable MM fund income and if rates don't pop... nickel and dimes probably not worth the hassle, but I still like coupons. Higher used vehicles and higher gas prices will give Mr. Biden and Fed Chair Powell major sticky higher inflation. That could be the trigger for locking in more duration on treasuries (5.5% to 6% for 3 to 5 years). It could be a great time to earn some yield for the savers of us. BTW, I've been taking note of beef prices at Costco... By my old math, 40% inflation in NY Steaks I prefer as a good mix of not too much fat and a good, quality steak.