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Gone Fishin!

Thursday, July 31, 2008 | 04:30 PM

I am outta here, off to the big Kansas City Shadow Fed/Maine Fishing Trip.

Last year's trip was a blast, and you can see some of the photos and discussions here: Kansas City Shadow Fed / Maine Fishing Trip Recap. Barron's carried some of the details in Placid Times Ahead?

I understand some interesting guests are going to show -- Paul McCulley, Steve Liesman, and others. I have my camera, and I will run plenty of snaps.

I have a bunch of posts set to launch, and I expect to comment tomorrow on NFP data.

Related:
Kansas City Shadow Fed / Maine Fishing Trip Recap (July 24, 2007)
http://bigpicture.typepad.com/comments/2007/07/fishing-trip-ka.html

Placid Times Ahead?
JIM MCTAGUE
Barrons AUGUST 6, 2007
http://online.barrons.com/article/SB118619279070988064.html

Placid Times Ahead? PDF
http://bigpicture.typepad.com/comments/files/placid_times_ahead.pdf

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Comments

Have a great time, tell McCulley Schumpeter kicks Keynes' behind for me.

Posted by: CNBC Sucks | Jul 31, 2008 4:44:31 PM

Get a new camera! :+)

Posted by: Pat G. | Jul 31, 2008 4:45:03 PM

Get a new camera! :+)

Posted by: Pat G. | Jul 31, 2008 4:49:10 PM

To my house at the cape tomorrow. And try to stop the whining. It's all a mental recession.

Posted by: John | Jul 31, 2008 4:49:32 PM

I'm glad to hear you like fishing BR. Remember as the saying goes. The worst day fishing is better than the best day at the office. Well unless you shorted MER at $50 I guess...

Don't come back too bullish now...

Posted by: GB | Jul 31, 2008 5:02:45 PM

Fishing????What guy from New Yawk knows how to fish except at a restaurant or fish market. C'mon tell the truth you're goin' to Branson, Mo for a lookee-see what all the rubes (er non-New Yawkers) find so fascinating. :-)

Posted by: grumpyoldvet | Jul 31, 2008 5:10:13 PM

Have a great trip.

Thanks for a great site.

What's that joke about fishing?

The wife says, "If you go fishing again, I am going to leave you."

He replies, "Gosh, I am going to miss you!"

Have a great time.

Peter

Posted by: PeterR | Jul 31, 2008 5:37:17 PM

Best post yet!

I expected to see more market commentary and saw a very peaceful picture instead.

We have to remind ourselves that there is life beyond the markets sometimes.

Really enjoy your work and insight on the markets.

Posted by: Chuck | Jul 31, 2008 6:17:35 PM

ugh that is gorgeous. Enjoy Barry!

Posted by: Noah | Jul 31, 2008 6:43:56 PM

Give Paul McCulley a copy of Human Action. Send me the bill.

Posted by: Mike M | Jul 31, 2008 7:26:24 PM

"David and I started an interesting side bet on the price of oil -- over/under $66 -- which attracted a lot of attention, and quite a few participants."

What was the bet?

Posted by: Pete | Jul 31, 2008 7:30:08 PM

With 5.1% inflation, a 19" 2007 bass should have grown to about 20". Hope you catch him (her?) again.

Posted by: RK | Jul 31, 2008 7:40:12 PM

Okay, I just read the link from last year's outing. This line stood out:

The Fed - Likely to be on hold for the foreseeable future. The inside line is that Bernanke is a much bigger inflation hawk than Greenspan ever was.

Oops! Thank you *experts*.

Posted by: CaptiousNut | Jul 31, 2008 7:44:13 PM

Noooooooooooooooooooooooo...

Have a great time, BR.

Posted by: MitchN | Jul 31, 2008 8:08:22 PM

Give Paul McCulley a copy of Human Action. Send me the bill.

Posted by: Mike M | Jul 31, 2008 7:26:24 PM

BR,

think of making this a trend while you're hooking-up ;)

Posted by: Mark E Hoffer | Jul 31, 2008 8:50:27 PM

Enjoy the trip. Ask Liesman for me what he thinks of CNBC's new campaign to give Cramer credit for foreseeing the Credit Crunch first last year and being the first to call the bottom now. Only problem is, what does he do when this is NOT the bottom?

Posted by: Steve Barry | Jul 31, 2008 10:03:46 PM

Does the BLS birth/death model apply to fish populations? If so, you're in for a productive session. Hoist a scotch for all of us.

Posted by: bluestatedon | Jul 31, 2008 11:48:00 PM

Have a wonderful time, Barry. It's refreshing to see someone who seems to prefer fishing over golf.

Posted by: Matt Rafat | Jul 31, 2008 11:57:33 PM

too funny...was taken by the pics from last year and forgot that it was 2007 when i read the market forecasts....why bother going....just reprint those...maybe they'll come true this year...

Posted by: Randy in Florida | Aug 1, 2008 7:20:23 AM