Secret Ingredients

Barataria has been too intense lately.  That’s no good as we head into Full Blown Summer, the period of time defined by no school for kids.  It’s time to have some fun.

I love to cook, but I don’t follow recipes.  I work on a sense of balance between the five flavors, and yes there are five if you count umami.  The techniques I use run between East Asian stir-fry, Indian masalas, French saucery, and just a touch of American excess.  I work with whatever looks good at the market or is on sale.  The ingredients I rely on include these “secrets”, my special thangs that round out the tastes and achieve a special balance.

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Small Ripple, Big Waves

Bad news has been roiling financial markets for some time.  It’s hard to stay on top of what has spooked investors recently and how important it might be.  A sense of fear and at time panic drives much of the news.  But last week a few things happened that might just be the worst news we have seen since the meltdown of Lehman in 2008, the event that plunged the financial world into crisis.

Two things have happened that have investment houses running for the exits very rapidly.  The first is that Spain appears to be in need of a bailout, the largest European economy to hit a key threshold yet.  The second is that a weak US jobs report has bid up demand for safe US treasuries to a dangerously high level.

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Election Economics, Pre-Summer

As the months roll by, we have more data rolling in as we close in on the November election.  Despite some reason for optimism at the start of this year, there is no doubt that the economy is stalling again – making Obama’s job more tenuous.

How bad is it?  We won’t know until we get there, but the latest job figures show that we’re treading water.  It could be worse – we could be drowning.  Whether that’s a good enough case politically won’t be known for a few more months.  But so far we know the economy is not a good bet.

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