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Title : One Card Short Of A Full Deck -- March 7, 2019
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One Card Short Of A Full Deck -- March 7, 2019

The Fed: less than six months in office, Jerome Powell managed to push the US into a slow-growth mode by increasing, and promising to increase again, and again, the "Fed rate." The story being spun now is that the "Fed" did this so that it would have an arrow in its quiver, a tool in its toolkit, an ace in its hand if things started to turn sour. By raising rates, the new spin, the "Fed" can now cut rates.

In retrospect, was he missing that one final screw; one card short of a full deck; to be honest, did he have a clue?

I'm Going Slightly Mad, Queen
The blog: I'm not going to look for it but about a week ago I suggested that the next "Fed" move might be a cut. Forget about all that talk about another increase in the "rate." Yesterday, this headline: US economy to slow significantly, and the Atlanta, GA, folks are sticking by their dismal 1Q19 forecast: 0.3% growth. Wow.

Now: over at twitter, John Kemp suggests the next US Fed move will be to cut rates. Wow.

Mom's advice: if you can't say something nice about Jerome Powell, don't say anything at all. So, we move on.

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NBA

Am I missing something here?

I don't follow the NBA. I used to -- when Phil Jackson was coaching the Chicago Bulls and we got to watch Scotty Pippin, Dennis Rodman, and Michael Jordan -- but about the time James LeBron move to the LA Lakers I quit following the NBA. But I digress.

From statista:

The talk down here in Dallas is that Dirk Nowitzki might move up one spot in the all-time NBA scoring list. This is likely his last season to play for the NBA. There are eighteen games left in the regular season. His team, the Dallas Mavericks, will not make the playoffs.

The spreadsheet:

• Wilt Chamberlain: 31,419 all-time points scored in the NBA
• Dirk Nowitzki: 31,364
• the delta: 55 points
• Do the math: 55 points / 18 games = almost 3 points exactly / game

But the talk down here in Dallas is, also, that Dirk Nowitzki might not move up one notch.

Give me a break: he needs three points / game on average to move up one spot. Are folks suggesting that one of the best players of all time can't manage that? I must be missing something. But there it is: his average so far this season: 5.4 points/game. In the 2017 - 2018 season, 12 points per game.

By the way, Dennis Rodman was on the team for two reasons: reboundig and scaring the bejesus out of the opponents. He was not know for his scoring, but his career scoring average is still better -- by a long shot (no pun intended) -- than Kirk's current scoring percentage. Wow.

To the best of my knowledge Dennis Rodman was one of the few NBA players (the only one?) to distinguish himself as an American statesman, self-appointed US ambassador to North Korea.

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