Hope all goes well. Santa Barbara film festival continues. And Daniel Day-Lewis arrived. To discuss Lincoln. For which he’ll win an unprecedented 3rd Oscar for Best Actor. Yet despite such towering talent, he rarely takes a role. So the soft-spoken artist explained, “There is a right a time for everything, for a film to be made, for a writer to write, a director to direct, and for me, there’s a right time for me to a

Duck dude! They’re freakin’ everywhere. Rockets that is. South Korea launched their first satellite. Into space. To look back down. Onto Earth. Where 300 dusty dongs remain pointed at Seoul. And with so many rockets swirling round the Sea of Japan, Tokyo’s sleepy Samurai boosted defense spending for the first time in 11yrs (while reducing the overall budget for the first time in 7yrs). Of course, the Ayatollah launch

“You know what impressed me most?” I asked Jackson, my 11yr-old, tears welling up in his eyes, unable to speak, as we sat in the car, looking across the empty field. “You played hard, kept your cool under pressure, and even in those couple games when you guys had no hope, you never lost yours.” He plays goalie. Very well. And got pulled up in post-season play, to scrimmage with older kids. A few of whom hiss insults

Overall: “Jose can you see?” she asked her child, by dawns early light, filled with Hope, excited for the show. Beyonce opened. Obama closed. Broad stripes and bright stars gallantly streamed. The crowd went wild. Of course, some gifted lyricist wrote Obama’s song. Beyonce lip-synced hers – and the media went berserk. You see, now that we’ve extended our debt limit to May 19, cut unemployment claims to 5yr lows

“Fair enough, he had a point, guess I deserved it,” said my buddy, over a beer. “I’d been calling for the move, and well, just missed it,” admitted the CIO, humbly. You see, one of his investors had just called, pretty upset. Which is to be expected. After all, he gets well paid to get it right. We all do. “I quite like speaking with investors about what I’m thinking, but here’s the thing, I look at 200 markets, each

Hope all goes well. Ben Affleck arrived in Santa Barbara. For our famous film festival. And told great stories. Of his bumpy rise. The Bennifer years. That Pearl Harbor bomb. His retreat. Comeback. Directorial debut. And now today’s triumph – Argo. Anyhow, the audience asked how, from such a tough spot, he’d found the confidence to strike out on his own. Ben smiled, remembering the moment, “You know, Warren Bea

Aussie’s been real busy mining iron ore. Coal too. Boosting GDP to $1.4trln. Shipping it to hungry Chinese mills. And of course, those lucky blokes discovered natural gas. Gonna be exporting more than Qatar within 5yrs. But Australia only has 3.9bln barrels of proven oil reserves (0.2% of Earth’s total). So they import it. For now anyway. You see, they just discovered 233bln barrels. Embedded in rock. Worth trillions

Bernanke taped his wrists. Clapped his chalky hands. Grabbed the bar. Squatted. Grimaced. Grunted. And behold, the weight slowly rose. A record $3trln balance sheet (vs just $924bln when Lehman fulded). Ben’s adding $85bln/mth. Go Bro! And oh my, hedge funds bought 24% of the $3.3bln Portuguese 5yr auction (at 4.89% vs 23% in Jan ’12). Heave ho! But now it’s time for Merkel to score some PED’s. You see, Angie just lo

US companies will earn $1trln this yr according to 10k analysts (equal to US Federal Gov’t borrowing this yr – and each of the past 4). $1trln profit is 100% more than US companies earned in 2000, when 10 yr treasuries yielded 6% and the S&P 500 first peaked 2% above current levels. And it’s 30% more than companies earned in 2007, when 10yrs yielded 5% and stocks peaked 5% higher than here. And that math works, ’

“But how about Obama-care?” asked Mara, rolling our corporate health-insurance policy to a single-family plan. “That is Obama care,” replied the broker. You see, our insurance costs have been rising dramatically. And now they’re going up by another 50% starting next yr. Guaranteed. So she called USAA – they insure military families (Mara’s dad was a vet). “Sorry, California’s one of the few states where we’re n