Kudrna's Stock Market Talk

Brief discussion from a few on CNBC which is actually a decent (yet very brief) discussion contrary to most (view video at bottom).

The reality is the “Sequester” is similar to the “Fiscal Cliff” in that it’s blown completely out of proportion as a scare tactic.   The pocket change discussed being cut is so minuscule that if we can’t even agree on cutting this, how in the world does anyone think we can possibly fix a yearly deficit over $1 trillion dollars? (more…)

It appears we (Our Govt and the majority of voters) have not learned anything from history, even if it’s only about 15 years old.  The most recent fiscal cliff deal, reviewed by the CBO, has $620 billion in tax hikes (over 10 years) and a whopping $15 billion in cuts!

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As most of you know, Rick Santelli is the only media figure I continually praise over and over again as a voice of reason.  Well, he did it once again and is one of the main reasons I still watch CNBC.  More so, I catch up on Santelli’s video clips every now and then when I have some time.  He has proven that he can really give you a good feel for the current environment in just few short minutes. (more…)

Quote of the Day:

…liabilities and controls go together…

Angela Merkel (more…)

Quote of the Day:

Gonna stand my ground

And I won’t back down

Hey baby, there ain’t no easy way out

Hey I, will stand my ground

Tom Petty (more…)

Quote of the Day:

A stitch in time saves nine

Old English Proverb (more…)

Quote of the Day:

No one is preventing Hollande going ahead with joint bonds for France and Monti for Italy

Michael Meister – Merkel’s Christian Democratic Union Party Member (more…)

Quote of the Day:

We recognize that China has 2,300 operational combat aircraft, while our democratic partner Taiwan has only 490.

Rob Nabors - White House Director of Legislative Affairs (more…)

Quote of the Day:

It is mind-boggling that we could do this well

Tim Cook – Apple CEO (more…)

Quote of the Day:

We’re not saying that saving solves all problems…

…[but], you can’t spend more than you take in. You can’t live your whole life this way. Everybody knows this…

Angela Merkel (more…)