Leavin' On A Jet Plane

I do know when I'm coming back again, October 30.

The US market is open from 1:30 am to 8am NZ time. I will be able to catch the last couple of hours when I am there.

I will also be blogging while I am there as well. I will have access to email and will reply to specific things.

On to more important things; the PPI, like the CPI before it, is getting hotter. The idea that these data points were not capturing what was really going on makes sense. My health insurance premium doubled last year and it looks like it will almost double again when I renew next month. Healthcare costs have been going up for quite a while.

American Standard (ASD) reported earnings this morning and the stock is getting crushed. I have written a lot of times about knowing what a stock is capable of doing in response to different types of news. ASD has blowups like this a couple of times a year, so it seems.

ASD may be a great stock but anyone buying the name needs to know it has history of doing this. Cummins Enigne (CMI) is another example.