It’s a new year, and a new Jamey Johnson as the traditional country artist continues to shake up his situation after an extended period of not releasing any new original music after a dispute arose with his publisher. Announced on Tuesday (1-20), Jamey Johnson has signed with the Paradigm Talent Agency for booking live performances and tours. Paradigm is the home many independent country artists such as Billy Joe Shaver, The Devil Makes Three, Old Crow Medicine Show, and Sturgill Simpson.
“I look forward to working with Paradigm,”Johnson says about the deal. “Touring is how we do what we do. My band has always been a touring band and it is important to have that connection to our fans. Paradigm is the agency that can keep us on the road in front of our fans. My booking agent has to be an extension of family. We are proud to have a home at Paradigm, and we are proud to bring them into our fold as well.”
Johnson’s principal agents at the company will be Curt Motley and Jeffrey Hasson. “We are excited to welcome Jamey Johnson into our Paradigm family,” Curt Motley says. “We are honored to represent an artist of Jamey’s caliber.”
Also announced on Tuesday, Jamey Johnson is releasing the song “Alabama Pines” as his first original single in over four years. Johnson first released the song exclusively for a short period to his fans through jameyjohnson.com on New Year’s Day with a handwritten note explaining the inspiration for the song. Tuesday he made the single available through iTunes and offered further information about the song and what inspired him to release it so unexpectedly.
“This was one of those songs that I had in mind when I was talking about the ones that didn’t seem to fit ‘That Lonesome Song’ or ‘Guitar Song,’” Jamey says. He wrote the song with Teddy Gentry, Wayd Battle, Carson Chamberlain in 2007 on the same day the group wrote “By The Seat of Your Pants” from The Guitar Song. “It was special because Wayd and Teddy and I are all from Alabama. Not to take anything away from Carson’s contribution to it. I know he has a fondness for Alabamians or he wouldn’t have spent the day writing with three of them.”
Interestingly, Jamey didn’t decide to release “Alabama Pines” on New Years Day…until New Years Day. Jamey was in the studio working with collaborator T.W. Cargile and realized it was his 15th Anniversary in Nashville. “It occurred to us that today would be a great day to put that out. I took the opportunity to do something I couldn’t do 15 years earlier, which is give all my friends and fans a free song. And now it’s for sale to everyone.”
Starting his own record label called Big Gassed Records is what allowed Jamey the latitude to release a song for free to fans on the same day he had the idea to do so. A similar move while signed with a major label may have taken months, if it was approved at all. Jamey launched Big Gassed Records in November of 2014.
No word on when we may hear not just a new song, but a new album for Johnson just yet. But it appears he’s putting the pieces together for a big push in 2015.
PLEASE NOTICE THE SMALL “MUSIC NOTE” NEXT TO CERTAIN SONGS AND POSITIONS
THAT INDICATOR ALERTS YOU TO SONGS THAT ARE EITHER “HOLDING” … OR “FALLING”
Thanks To All Radio, You Are The Greatest
Normally the first couple of weeks of a new year in investment markets represents a slow and gradual wake-up after the festive season. Trade volumes are low and volatility barely registers on the trading screen, all across the world.
This year it all changed. In a short space of time three global macro events have burst onto the global financial scene like the celebrations which normally herald in the new year.
In less than three weeks we’ve had:
At the rate at which financial bombs are exploding almost on a daily basis, it would appear as if investment markets are going to make investors giddy with vertigo for most of the year. In almost 35 years of reporting on, and thereafter advising on investment markets, I cannot remember the first days of the new year being filled with more uncertainty and ‘Black Swan’ events as the present. I think 2015 is going to be a tough one to make money. Preservation of assets is going to more important that shooting the lights out. Any advisor or fund manager who promises a repeat of historically high returns should be politely shown the door.
Can equity markets be far behind?
In the last few days I made some calls to fund managers I know and respect for their views. One, a PhD who studied under a Noble-prize winner for many years and one of the smartest guys I know, admitted to me: “I don’t have a clue what is going on. I have never seen something like this in many years, even decades.”
Some top-rated analysts reckon its all part of the same global macro-them, namely deflation. Ambrose Evans-Pritchard, who writes for The Telegraph, has long been beating the drum on the wave of deflationary forces about to engulf the world. The problem is no longer rising prices (inflation) but deflation.
China is exporting its deflation to the rest of the world in the form of lower demand of commodities and by reducing the prices of the goods that it flogs all around the world.
In the US, massive monetary stimulation in the form of QE1 (quantitative easing), QE2 and QE3 since 2009 has barely made a blip on the inflationary scale. In fact, inflation has been dropping despite more than $4 trillion being pumped into the system.
The old academic books on the correlation between an increase in the money supply and consumer price inflation have all been torn up, abandoned. Now the monetarists say its not the growth in the money supply but the velocity of money flowing in the system that is the real cause of inflation.
All the money pumped into to system has not reached Main Street, but merely circulated around Wall Street. Even Dr Ben Bernanke, former chairman of the US Federal Reserve recently could not get a mortgage loan from his bank. Talk about irony.
Deflation is a much bigger problem, long term to investment markets than inflation. But how could that be, consumers would ask? Initially falling prices are great and dandy and consumers benefit, as we can already see in the form of falling petrol and diesel prices.
But at the same time the global oil companies are already scaling back on exploration and laying off staff. This puts company profits under pressure, investment is curtailed and unemployment creeps higher.
Japan has been in the grips of deflation for 25 years now. Its stock market, which peaked at 40 000 in 1989, now stands at around 17 000. Who says stock markets always recover, revert to mean? Beware of this expression: ‘revert to mean’. It’s a crutch often used by poor fund managers who misread the cycle.
Equity fund managers do not like contemplating long-term deflation. In such an environment equities trend lower and lower. Bond funds make money but that asset class is not that sexy or that profitable. Asset manager fees are lower on bond funds than equity funds. Investors in listed fund management companies take note.
That’s how the Japanese investors kept themselves afloat during deflation.
But this is a risky game; it takes on a currency risk. Get it wrong and the currency volatility could wipe you out. Just ask the multitude of European borrowers who in recent years made Swiss franc loans, on the basis of its ‘assured’ link to the euro, and who are now 30% down the hole as far their outstanding capital is concerned.
Within days the first reports of currency brokerage firms going under already starting appearing. There will be many more. A currency appreciation of 30% within minutes does more than leave scars – it amputates whole limbs and body parts.
Currencies can drop sharply at times, but to appreciate by 30% in one go, is unheard of. It’s a sign of panic by the central bankers of probably the most conservative country and financial institution in the world.
Shall I dare describe this event as a ‘chocolate swan’, coming from a country which makes its money exporting pharmaceutical products, luxury watches and the nicest chocolates in the world?
I have a son who just returned from a visit to his mother who lives in Basel, Switzerland. He regaled us with his tales of “steaks that cost R600 for 200gms.” Well, he should have had more as that steak will now cost about R750 and a single tot of Johnny Walker Blue about R500 as well.
How will deflation, if it takes hold for a long period of time, affect South African investors?
There is no clear-cut answer. In some instances we are benefitting in the form of lower oil, and therefore petrol and diesel prices, but this is countermined by the drop in commodity prices. As far as commodities are concerned we are price-takers, not price-makers.
What happens to the prices we receive for our other export goods? In a deflationary environment they also drop, therefore expect some further weakness in the rand.
Where to hide?
It could be a good time to brush up on your knowledge of bonds and bond funds. They guarantee capital and provide a nice steady income over the lifetime of the instrument. You don’t see or hear too many bond fund managers appearing on TV- or radio shows. Bonds are boring and difficult to understand for the layman. But bonds could be good place to hide and preserve your capital.
And then perhaps some physical gold. With US and European long bond yields at current low levels, and likely to stay that way for a long time, is it perhaps to time to buy some assurance in the form of gold? Even better if it’s in the form of a Rolex made in Switzerland.
*Magnus Heystek is the investment strategist at Brenthurst Wealth. He can be reached for ideas and suggestions at firstname.lastname@example.org.
JAMESTOWN RADIO LEGEND PASSES A popular radio voice that reaches out many miles beyond Jamestown, NC goes silent. KSJB-600 Music Director and afternoon host Bob Sands expires on Thursday, January 8, 2015 while on vacation in King, NC. KSJB-600 General Manager/Vice President Patrick Pfeiffer sighs: We’re all in a little bit of shock here. He had encyclopedic knowledge of country music, the artists, the songwriters, that kind of thing. Bob Sands’ birth name is Robert Urry. He is originally from Whiteflsh Bay, WI.
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HEE HAW’S KORN KOUNTY NEWS ENDS From June 15, 1969–July 1971 plus its 20-year run in local syndication we smile at the shenanigans on CBS TV’s Hee Haw. RFD TV still airs reruns of Hee Haw on Sunday nights. One of Hee Haw’s characters, newscaster Charlie Farquharson on KORN in Kornfield Kounty, reminds me of a DJ on KILT-610 during my second time there in the 1990s. Don Harron, a fixture of Canadian TV since 1952 who plays Charlie Farquharson on Hee Haw, dies at 90 on Saturday morning January 17, 2015.
TRAFFIC JAM JEN BIDS FAREWELL TO MURPHY Since November 2013, Jen DeSalvo is traffic anchor and co-host of Robert Murphy’s afternoon show on Cumulus WLS FM Chicago, IL. On Friday evening Jen says adios to her listeners and to Murphy. DeSalvo is not going too far away. On Monday morning, Big John Howell begins his new morning show on WLS-890 (5:00am-9:00am). Howell gets a new morning crew, which includes a new traffic voice that just might be Jen DeSalvo.
WANNA BUY ELVIS’ JETS? For almost 30 years, Elvis Presley’s two private jets, Lisa Marie and Hound Dog II, are on display in Memphis, TN. But now the two airships go on sale for a possible $15 million. Elvis Presley’s private jets enter the auction block at Julien’s Auctions in Beverly Hills, CA through sealed bid through February 2, 2015. After the sale, Presley’s jets may make a U-turn right back to Memphis because the new owner of Elvis’s jets has an option to purchase several acres adjacent to Graceland to display the jets.
TRIVIA QUESTION: What is The Beatles first tune to hit America’s record charts? The answer appears below.
MOVERS AND SHAKERS
•HAPPY BIRTHDAY! Col St. James Monday, January 19th. Richard Glancey Friday, January 23rd. Jim Pruett[S&P] Sunday, January 25, 2014. •USA RADIO NETWORKS adds The Real Side Radio Show with Joe Messina 12:00 midnight to 3:00 am ET. •DAWN COX APD/Production Director/midday host on iHeartMedia WVRK FM (Rock 103) Columbus, GA welcomes brand new baby boy Gabriel Woods on December 26! •ED CRANEiHeartMedia News/Talk KFBK-1530 Sacramento, CA morning host since 2008 exits.
ENTERTAINMENT AND NEWS MILESTONES
•1955 KORK TV (now KVBC) NBC CH 3 in Las Vegas, NV 1st broadcast on January 23rd. •1969 THE GLEN CAMPBELL GOODTIME HOUR debuts on CBS TV on January 29th with guests Bobbie Gentry, John Hartford, Smothers Brothers and Pat Paulsen. •1978 NFL PRO BOWL: NFC beats AFC 14-13 on January 23rd. •1985 ALABAMA wins two American Music Awards on January 28th. •1991 SEINFELD debuts on NBC TV on January 23rd. •2006 CARRIE UNDERWOOD’s single Jesus, Take The Wheel goes Gold on January 25th.
EMAILS YES WE HAVE EMAIL
JACK PARNELL [former Program Director/DJ WHBQ-560] (Memphis, TN) Subject: Carl Perkins. Jim: I noticed you made reference to Carl Perkins’ death; it reminded me that I was present when Carl’s “Blue Suede Shoes” was played on radio for the very first time. It was in late fall of 1955. My first radio job was at WKBJ in Milan, TN. and Bill Haney (now deceased) was a good friend of Carl’s, who lived in Jackson, TN, just 25 miles away. On this particular day, Carl brought the ONLY copy, really an acetate, of “Blue Suede Shoes” to Bill, and I was there when Carl came in. Bill played it and all the phone lines went crazy! Jack Parnell, also formerly at WHBQ in Memphis.
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BLADE PARKER [Bob Edwards KILT-610, KNUZ-1230] (Houston, TX) Jim, Just a quick note to regarding our friend Ben Harold, formerly of KFMK, KENR, KXOL, and others. I spoke to him last night and learned that he is fighting Stage 4 colon cancer. He will learn the complete results of recent treatments in a few days and I will let you know. In the meantime, prayers are encouraged. Ben and I have been friends since before grade school and I just hate to learn about this. But, he is keeping very positive and fighting this setback just as I would have suspected. Best, Blade (Bob Edwards).
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KENDALL DUNAWAY [Chuck’s wife] (Houston-Katy, TX) Subject: Chucky. Hey Jim: Chuck can read your e-mails but can’t reply. He was in Methodist Sugar Land Hospital for 7 nights with a bad lung infection and was then moved to Kindred rehab Hospital for a two week visit to try and get rid of this stubborn infection. We’re hoping he’ll be home this weekend and says he will write you as soon as he gets home. Hope you’re doing well. -Kendall Dunaway
DR. JEFF CUNNINGHAM [ex KXOL-1360] (Austin-Kyle, TX) I don’t know if you got this but I know he is part of this list. http://blog.mysanantonio.com/jakle06/2015/01/s-a-tv-vet-in-hospital-after-undergoing-surgery/
LIZ PATRANELLA [Liz Houston – KTSA-550, KBAT-680] (Austin, TX) Subject: Gary De Laune Surgery. Wanted to let everyone know that Gary De Laune underwent triple bypass surgery and is recuperating at Methodist Hospital. I have no other details at this time but will let you know if I hear more. Please keep him in your thoughts and prayers for a speedy recovery. Liz
TRIVIA ANSWER: Fifty-one years ago, The Beatles appear on Billboard’s Hot 100 chart for the first time. On January 18, 1964 The Beatles’ I Want to Hold Your Hand enters Billboard’s Hot 100 at #45. The following week, I Want to Hold Your Hand blasts off to #3. On February 1, 1964 the tune becomes The Beatles’ first of 20 #1 records.
LESLIE WAYNE HODGES [ex KRCS-550 DJ] (Coldspring, TX) Subject: Don Harron AKA Charlie Farquharson KORN. Farewell to Don Harron – Charlie Farquharson to listener of KORN in the States and CORN in Canada. Harron passed at age 90. His malaprops kept people in stitches. So – “That’s KORN and CORN News. Farther details will be decimated as deceived or as the sitye-ashun warns us.” That’s -30- for now… Sent from my iPad Leslie Wayne Hodges
DON HARRON (September 19, 1924 – January 17, 2015) Charlie Farquharson with the news from all over and back home again.
Jim Rose and Suzie
Houston, Texas – Laus Deo
It’s dark and early and I can’t see the morning sky, but I’m really praying for a bit of sunshine today. The mountain skies have been mostly dark and gloomy for the past several days, and I am so ready, for God’s light to so shine
Pondering on the 23 rd Psalm: “He maketh me to lie down in green pastures.” I sit and imagine how green the pastures will be, come springtime and how delightful it will be to walk barefoot through the soft grass on a warm sunny day. The air will be filled with the delicate fragrance of new bloom and blossoms as they burst forth from their long winters nap ! Oh YES, I can still dream on a cold winter morning, of the joys of spring.
I’ve been pondering a lot lately on the simply awesome thing called love and how just the thought of it can bring warmth to your body and soul. Somehow, if we know we are loved the world is a little brighter, and life’s troubles and trials don’t seem so bad after all.
I’ll bet we can all remember our first love, he one who could make our heart skip a beat, the precious love of our husband or wife, the love between us and our children, or the “I care about you” love between friends. If we never knew what it was like to love or be loved, we would miss all the joy that makes life worth living.
It is also because of love that we all found we would suffer heartaches as. The ache you thought would rip your heart out and would never end. You were certain you would never be able to love again, only to find another love that filled the void. Throughout our lives we will experience love in many forms and love will wear many faces. Sometimes even lost loves will find themselves again.
And yet, the greatest love of all is THE LOVE OF JESUS; the forever love that has no end resists the ravage of time. We find personal delight in both giving and receiving love. In knowing love, we find untold blessings as we allow ourselves to be enveloped in the warmth of contentment, peace of mind and sweet, sweet solace for our soul.
There i is pleasure in knowing we are special and thought of every moment of every day with a very special love that knos no bounds and best of all, it is unconditional. Nothing can separate us from the love of Jesus.
My friend, if you have never experienced that kind of love, let me introduce you to Jesus Christ, the Savior of the world. He is the totality and embodiment of all that is good, He is Love.
” (2 John 1:5-6). I am not writing you a new command but one we have had from the beginning. I ask that we love one another. And this is love: that we walk in obedience to his commands. As you have heard from the beginning, his command is that you walk in love”
(2 John 1 John 1: 5-6).