Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

Shaken, Not Stirred

Sat, Nov 10, 9:32 PM ET, by Bob McTeer

I sought relief from my post-election depression this week with a new James Bond movie, Skyfall, and a new Tom Wolfe book, Back to Blood. Both were distracting, but didn't get the job done.

As for Skyfall, Daniel Craig is a credible James Bond—he has muscles, shoots straight, and has nine lives—but l miss the real Bond, Sean Connery, and his sophisticated British banter with both babes and bad guys. I miss his martini, shaken, not stirred.

I met Sean Connery once at a Scottish event in Washington. I found myself jammed up against him as the crowd converged on the podium for the formalities. Given the occasion, he was dressed to the hilt—kilt, knee hose, and a sporran in front that looked suspiciously like a dangling flask. He had a drink in his hand. We nodded, but didn't speak. Or, as they sometimes say in Texas, we howdyed, but didn't shake.

I wanted desperately to ask him whether his drink had been shaken or stirred, but I couldn't because the drink was a Scotch, not a martini. So, since I couldn't say the cool thing, I said nothing at all.

Shaken not stirred has gone by the wayside. The new Bond has more muscles, but less sophistication. He had a martini, but he couldn't have cared less whether it was shaken or stirred. Subtlety and nuance are no longer appreciated. Yesterday's audience didn't notice. Not enough old guys.

Tom Wolfe is my favorite author. Bonfire of the Vanities is my favorite novel, followed closely by A Man in Full. I Am Charlotte Simmons was a step or two down, but was still a page turner. That's about all you can say for his latest, Back to Blood. Like the current Bond movie, it lacked the linguistic appeal I had come to expect. There was no "lemon tart" as in Bonfire, or "take the safety off the ring binders" as in A Man. It had insufficient nuance.

Which brings me to the election, in which every attempt at nuance, and reason, was pounced upon and punished, even more so than in previous elections. There were too many litmus tests. Each side had to remain pure, ignoring Ogden Nash's caution that "Purity is Obscurity."

I could elaborate, but you know what I mean.

Well, at least, Texas A&M beat number one Alabama today, and Georgia beat Auburn. That helps.

 

 

 

 

 


SDI Glossary: "Bond" Definition
This Article's Word Cloud:   Back   Blood   Bond   Bonfire   Connery   Daniel   James   Ogden   Sean   Skyfall   Texas   That   There   Well   Wolfe   adsbygoogle   appeal   author   beat   both   brings   come   couldn   didn   drink   election   expect   favorite   guys   hose   least   lemon   less   longer   many   martini   miss   more   movie   muscles   nuance   punished   shaken   stirred   that   were   what   whether   which   with

| More

Monetary Freedom
Fri, May 29, 12:31 PM ET, by Bob McTeer

Okay, I confess. I usually drive under the speed limit to avoid getting stopped for ...

Return of the Cicadas
Tue, May 26, 9:42 AM ET, by Donald Marron

The worlds most fascinating insects live in the eastern United States. Periodical cicadas spend most ...

Our Weakening Economy Is Getting Harder To Ignor
Sat, May 16, 2:21 PM ET, by Bob McTeer

We had two decent GDP quarters in mid-2014, and that's about it. The 4th quarter ...

Productivity Is Down: Are U.S. Workers Slacking Off?
Mon, May 11, 12:41 PM ET, by Bob McTeer

U.S. labor productivity fell at a 1.9 percent annual rate in the first quarter, the ...

The FOMC's Cacophony
Sat, Apr 11, 12:51 PM ET, by Bob McTeer

When Buddy Holly was little, he insisted on getting on the stage with his uncle's ...

More on the Euro-Dollar Exchange Rate
Fri, Mar 13, 6:21 PM ET, by Bob McTeer

Nineteen countries now use the Euro as their currency. Fifty states use the Dollar as ...

Dollar-Euro Parity? Let the Market Figure It Out
Wed, Mar 11, 3:11 PM ET, by Bob McTeer

In recent years, in response to those who complained about our "weak" dollar and longed ...

Let 'Er Rip, Janet; Let's Get It Over With
Sat, Mar 7, 3:11 PM ET, by Bob McTeer

"Let 'er rip, let it fly; Come on baby, say it, do you think I'm ...

Three Things You Should Know About Dynamic Scoring
Fri, Feb 27, 10:12 AM ET, by Donald Marron

The House recently changed the rules of budget scoring: The Congressional Budget Office and the ...

Current Monetary Policy: A Keynesian Distortion
Wed, Feb 18, 4:31 PM ET, by Bob McTeer

One amusing thing about watching financial TV these days is that no analyst wants to ...

Todays Retail News Reel
Wed, Feb 18, 9:21 AM ET, by RetailSails.com

Here is what we are paying attention to in today's news:Time To Get Into Dollar ...

Tax Policy and Investment by Startups and Innovative Firms
Mon, Feb 9, 2:32 PM ET, by Donald Marron

Our tax system includes many provisions to boost business investment, particularlyby startups and innovative firms. ...

Inflation Targeting or Deflation Avoidance?
Sun, Feb 8, 4:11 PM ET, by Bob McTeer

. ...

A Strong Dollar Doesn't Attract Foreign Capital - Expectation of a Stronger Dollar Does
Wed, Feb 4, 7:51 PM ET, by Bob McTeer

Whether the dollar is strong or weak matters for our exports and imports because their ...

Fourth Quarter GDP Reverts to the Weak New Norm
Sat, Jan 31, 4:21 PM ET, by Bob McTeer

Real GDP increased at only a 2.6 percent annual rate from the third to the ...

Congratulations to Congress on the Pipeline
Thu, Jan 29, 5:19 PM ET, by Bob McTeer

. ...

Are All QE's the Same?
Mon, Jan 26, 12:11 PM ET, by Bob McTeer

. ...

Is a Strong Dollar a Good Thing or a Bad Thing?
Sat, Jan 24, 5:31 PM ET, by Bob McTeer

You are probably way ahead of me on this, but I'll say it anyway: It ...

Patience
Fri, Jan 16, 6:11 PM ET, by Bob McTeer

She promised us patience in 2015 No premature rush to tighten So, I’ll be patient ...

Rolexes Just Got More Expensive - Or, You Can't Keep A Good Currency Down
Thu, Jan 15, 8:41 PM ET, by Bob McTeer

The Swiss National Bank, Switzerland's Central Bank, surprised the world this morning by removing its ...

New Year's Eve in Terlingua (12/31/03)
Wed, Dec 31, 1:41 PM ET, by Bob McTeer

Another year has come and gone, We're back to New Year's Eve. Getting ready for ...

Give Me Liberty Or Give Me Whole Grain Bread
Thu, Dec 25, 5:11 PM ET, by Bob McTeer

We've come a long wayunfortunatelysince our founding fathers wrote our constitution and tried to sort ...

Five Percent Growth - Wow!
Tue, Dec 23, 6:14 PM ET, by Bob McTeer

Usually when a pretty good GDP number is released, I check to see how much ...

Reserves Won't Save the Russian Ruble
Tue, Dec 16, 8:21 PM ET, by Bob McTeer

What I try to do in these posts is to comment on contemporary issues and ...

Currency Confusion
Fri, Dec 5, 8:11 AM ET, by Bob McTeer

Thursday's WSJ had a front page article titled "Dollar's Rise Causes Pain in Europe, Asia." ...

Productivity is Key for Good Economic Performance
Wed, Dec 3, 3:11 PM ET, by Bob McTeer

Third quarter productivity was revised to 2.3 percent growth in the third quarter, up from ...

Super Mario and the Euro
Sun, Nov 30, 1:11 PM ET, by Bob McTeer

There was a central banker named Mario Who promised to save the Euro. But he ...

No Matter Who Was in Charge, Just Blame the Fed
Fri, Nov 21, 2:41 PM ET, by Bob McTeer

When I was SVP in charge of the Richmond Fed's Baltimore branch and attended Maryland ...

Spin Alert: DOE Loans Are Losing Money, Not Making Profits
Mon, Nov 17, 11:42 AM ET, by Donald Marron

The Department of Energy snookered the media last week with a report that seems to ...

Perception versus Reality - the Median versus the Mean
Wed, Nov 5, 12:21 PM ET, by Bob McTeer

The post-election analysis on TV this morning included a brief discussion of the "disconnect" between ...

Good Bye QE
Wed, Oct 29, 3:11 PM ET, by Bob McTeer

I retired from the Fed on November 4, 2004, which will be 10 years ago ...

A "Normal" Budget Isn’t Really Normal
Mon, Oct 20, 10:22 AM ET, by Donald Marron

Treasury closed the financial books on fiscal 2014 last week. As my colleague Howard Gleckman ...

The $300 Billion Question: How Should Congress Budget for Federal Lending Programs?
Mon, Sep 29, 12:52 PM ET, by Donald Marron

Lending programs create special challenges for federal budgeting. So special, in fact, that the Congressional ...

More Investment and Exports in Second Quarter GDP - Just What We Needed
Sat, Sep 27, 11:31 AM ET, by Bob McTeer

The writer, Gore Vidal, is reported to have said that he didn't have much to ...

Four Myths about Entrepreneurship
Wed, Sep 17, 4:42 PM ET, by Donald Marron

Spoiler: 20-somethings make headlines, but founders in their 30s and 40s are more important. (Disclosure: ...

The Timing Is About Right for King Dollar
Mon, Sep 15, 5:11 PM ET, by Bob McTeer

Earlier in the recovery from the Great Recession, Larry Kudlow and most of his TV ...

"Ignore the Low Inflation and Strong Dollar. The Experiment Isn't Over Until Things Turn Bad."
Sat, Sep 13, 3:11 PM ET, by Bob McTeer

One of my favorite newspaper clippings is an op ed piece in the WSJ by ...

Does the Export-Import Bank Make or Lose Money?
Wed, Sep 10, 12:12 PM ET, by Donald Marron

Suppose your aunt decides to start a business making pizza ovens. She will design and ...

Money Hoarding
Sun, Sep 7, 3:11 PM ET, by Bob McTeer

A recent piece published by the St. Louis Fed concluded that inflation has been low ...

How Economic Insights Shaped the Web Economy
Sat, Aug 30, 8:12 AM ET, by Donald Marron

In this TEDx talk, Bob Litan shows how economic insights shaped the web economy, from ...

Why Has the Texas Economy Outperformed? A Surprising Answer From Paul Krugman
Wed, Aug 27, 4:11 PM ET, by Bob McTeer

Years ago, when I was still at the Dallas Fed and long before Governor Perry ...

Who Owns the Right to Recline? Property Rights in the Sky
Tue, Aug 26, 11:12 AM ET, by Donald Marron

“On Sunday, a United Airlines flight was forced to divert after two passengers got into ...

Todays Retail News Reel
Fri, Aug 22, 10:11 AM ET, by RetailSails.com

Here is what we are paying attention to in today's news:Time To Get Into Dollar ...

JOLTS Are Looking Good
Wed, Aug 13, 12:11 PM ET, by Bob McTeer

Jolts are not an external shock to the economy. Rather, Jolt is an an acronym ...

The Fed's Vice Chairman, Stanley Fischer, States the Obvious and Creates a Buzz
Mon, Aug 11, 9:21 PM ET, by Bob McTeer

In a speech in Sweden, apparently only the second one since becoming Vice Chairman of ...

Central Banker Heaven
Wed, Aug 6, 1:11 PM ET, by Bob McTeer

I have finally reached the point where people are quoting me from the old days, ...

Our International Trade Deficit - Down This Month, Up This Year
Wed, Aug 6, 11:51 AM ET, by Bob McTeer

A graph of the U.S. international trade deficit in goods and services over the past ...

The Employment Cost Index - Not Inflationary
Mon, Aug 4, 2:11 PM ET, by Bob McTeer

The Economic Cost Index for the second quarter got quite a bit of attention last ...

Happy Birthday Milton Friedman
Thu, Jul 31, 2:31 PM ET, by Bob McTeer

Today is the 102 anniversary of the birth of America's greatest economist, Milton Friedman. He ...

My New Paradigm Frog
Wed, Jul 30, 5:51 PM ET, by Bob McTeer

The highlight of my almost 14 year tenure as President of the Federal Reserve Bank ...

  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

Shaken, Not Stirred | Self Directed Investor | Copyright © 2008 - 2015, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of serious individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.