Brian A. Davis

Why This Rally Is Unsustainable

The fact is with the changes in FASB rules, banks were once again left off the radar screen...to continue to bury and elude the truth of toxic assets.

That being said, rally by decree as opposed to rally on fundamentals is unsustainable.

GMAC's Bad Medicine: Rates Were Never the Problem

Dear Readers,

I only buy American cars. Currently, a Ford and GM product sit in my driveway.

It is clear that management in in American cars in general, and GM in particular have made a series of pacts with the devil. As a result, any bailout will fail to address the real problems that persist with American car manufacturers. While this bailout may temporarily ease problems at the Big Three, it does not address the fundamental problems that have caused some of these problems to begin with.

usmegatrends.blogspot....

Respectfully,
Brian A. Davis