Comments on Dan Tierno's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/dan-tierno/articles http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-473211 473211 Wed, 22 Apr 2009 16:16:29 -0400 their propaganda.]]> http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-473083 473083 Wed, 22 Apr 2009 15:04:21 -0400
Under Al and Ben, it seems that policy success is measured in equity valuations. This view has become pervasive throughout the investing community. Repeated statements that the recent rally indicates economic recovery flies in the face of Austrian and Business Cycle Theory alike.

The most logic-stretched claim is that the recent rally proves both the appropriateness and effectiveness of recent policy. ]]> http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-472935 472935 Wed, 22 Apr 2009 13:29:38 -0400 http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-472868 472868 Wed, 22 Apr 2009 12:52:50 -0400 http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-472809 472809 Cogent summary of current conditions and an enjoyable, persuasive > read. However, this is a very long way to say what most everyone > already knows, especially folks visiting this site. > > Obviously equities are overbought. Obviously the economy is still > moving in reverse. In the given circumstances, prudent would-be consumers > are wise to "save and pay down debt", though I wouldn't refer to > this appropriate behavior as an 'obsession'. Workers (drop the joe > plumber stuff already) know employment likely won't improve in a > meaningful way until 2011-12. > > You make a very bold statement in saying, "The credit card culture > is now broken". I rather suspect that it's merely on hold. This current > financial pain must go far deeper, for far longer, to effect change > that is truly "cultural" in breadth. Agree with your notion that > even a temporary pull back in consumer indebtedness will dampen a > recovery when it comes. > > Thanks for the fine article. > > --R]]> Wed, 22 Apr 2009 12:25:04 -0400 Thanks for the comments.

At times I find it very helpful, not just myself but to readers, to throw a 30,000 foot view out there, as ubiquitous and as well known as it may be.
It can be very easy to get caught up in the levels of euphoria associated with the economic recovery...the broad view helps to facilitate an interpretation of the fragmented pieces of economic indicators we receive.


On Apr 22 08:34 AM Respirate wrote:

> Cogent summary of current conditions and an enjoyable, persuasive
> read. However, this is a very long way to say what most everyone
> already knows, especially folks visiting this site.
>
> Obviously equities are overbought. Obviously the economy is still
> moving in reverse. In the given circumstances, prudent would-be consumers
> are wise to "save and pay down debt", though I wouldn't refer to
> this appropriate behavior as an 'obsession'. Workers (drop the joe
> plumber stuff already) know employment likely won't improve in a
> meaningful way until 2011-12.
>
> You make a very bold statement in saying, "The credit card culture
> is now broken". I rather suspect that it's merely on hold. This current
> financial pain must go far deeper, for far longer, to effect change
> that is truly "cultural" in breadth. Agree with your notion that
> even a temporary pull back in consumer indebtedness will dampen a
> recovery when it comes.
>
> Thanks for the fine article.
>
> --R]]> http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-472510 472510 Wed, 22 Apr 2009 10:16:48 -0400 http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-472473 472473 Wed, 22 Apr 2009 09:59:31 -0400 So this is a perfect example of a bubble forming within bear market. ]]> http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-472343 472343 Wed, 22 Apr 2009 08:56:48 -0400
There are a lot of possible triggers. Given the news this morning the Pakistan situation could easily do it a few weeks hence.]]> http://seekingalpha.com/article/132177-is-the-economy-at-an-inflection-point?source=feed#comment-472310 472310 Wed, 22 Apr 2009 08:34:33 -0400
Obviously equities are overbought. Obviously the economy is still moving in reverse. In the given circumstances, prudent would-be consumers are wise to "save and pay down debt", though I wouldn't refer to this appropriate behavior as an 'obsession'. Workers (drop the joe plumber stuff already) know employment likely won't improve in a meaningful way until 2011-12.

You make a very bold statement in saying, "The credit card culture is now broken". I rather suspect that it's merely on hold. This current financial pain must go far deeper, for far longer, to effect change that is truly "cultural" in breadth. Agree with your notion that even a temporary pull back in consumer indebtedness will dampen a recovery when it comes.

Thanks for the fine article.

--R
]]> http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-232632 232632 Sun, 17 Aug 2008 18:23:40 -0400 Racerz ]]> http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-230630 230630 Thu, 14 Aug 2008 17:22:05 -0400
Please give us more about view of the coal story.

Very well done]]> http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-229702 229702 Wed, 13 Aug 2008 16:39:48 -0400 http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-229492 229492 Wed, 13 Aug 2008 12:22:05 -0400 http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-229378 229378 Wed, 13 Aug 2008 10:35:39 -0400 http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-229370 229370 Wed, 13 Aug 2008 10:31:39 -0400 http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-229294 229294 Wed, 13 Aug 2008 09:23:59 -0400
i keep reading about the fall of the shares of these companies. i'm just waiting for the wheel of fortuna to circle back because it is vastly a sellers market.

long btu rio sid.]]> http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-229255 229255 Wed, 13 Aug 2008 08:37:45 -0400 http://seekingalpha.com/article/90693-don-t-burn-that-coal-just-yet?source=feed#comment-229219 229219 jack]]> Wed, 13 Aug 2008 08:02:43 -0400 > jack]]> http://seekingalpha.com/article/82745-bring-back-the-old-gm?source=feed#comment-217899 217899 Tue, 29 Jul 2008 21:10:55 -0400 http://seekingalpha.com/article/86007-is-pfizer-the-cure-for-a-weak-market?source=feed#comment-212593 212593 Wed, 23 Jul 2008 14:53:52 -0400 There may be some pipeline issues but I'm comfortable with PFE because of their history..
PFE has a flawless 41-year history of dividend growth and stands to benefit big, along with the entire drug industry as Medicare Part D kicks in over the next few years.
Here's an article by PFE supporter if you're interested in the dividend and management.

www.greenfaucet.com/tr...
]]> http://seekingalpha.com/article/86007-is-pfizer-the-cure-for-a-weak-market?source=feed#comment-211623 211623 Tue, 22 Jul 2008 13:02:37 -0400 http://seekingalpha.com/article/86007-is-pfizer-the-cure-for-a-weak-market?source=feed#comment-211116 211116 Mon, 21 Jul 2008 19:36:06 -0400 http://seekingalpha.com/article/86007-is-pfizer-the-cure-for-a-weak-market?source=feed#comment-211015 211015 Mon, 21 Jul 2008 17:59:00 -0400
To me, it is worth waiting to see whom controls government in the US before buying big pharma stock. If it's Democrats, I won't buy until I see a change in attitude towards big pharma. If Republicans win President but do not control Congress, forget it.

Dennis Hastert, set-up physician marketing with big pharma with a stroke of the pen in 2000. President Bush passed increased drug coverage/medicaid benefits in 2004. Growth in big pharma saws nice gains until about 2006. Growth for big pharma is projected at 3% next year. Democrat controlled House in 2006 threatened big pharma to give steep discounts on drugs or face the wrath. Big pharma will wait it out for this kind of leadership to exit Washington in general, but I have a feeling some of the clinical trial companies in Chindia will be worth looking at in the short-term. ]]> http://seekingalpha.com/article/82745-bring-back-the-old-gm?source=feed#comment-198533 198533 Fri, 04 Jul 2008 11:05:21 -0400
Two Hundred and Sixty Six Thousand and all the jobs they support.....Approximately 12 times that many related to GM's Auto and Truck Industry........Huge loss America will not let happen.........Add Ford and Chrysler and the jobs they support and you have an economic catastrophy in the making.......Have a great 4th. Dan....]]> http://seekingalpha.com/article/82745-bring-back-the-old-gm?source=feed#comment-197626 197626 Wed, 02 Jul 2008 22:01:04 -0400
GM sure is looking more awful each and every day...and many more articles are propping up speculating everything from bankruptcy to GM rushing the Volt out to make a bailout more politically feasible...and in an election year no less!

It will be wild to watch...I for one want GM to stick around. Yes, capitalism is Darwinian in it's premise and maybe GM should fail for the efficiency of the industry as a whole. Furthermore, the Auto Industry has extraordinarily high fixed costs, and as such volume is the name of the game in order to spread those costs across more units. The rest of the industry would benefit from such a huge player eliminated.

But then, what of the wreckage...emotional, economical, political, and otherwise? One of the most enduring and most recognized brands on Earth...gone. An automobile manufacturer that through time has created identities for people and counties alike. Oh and by the way...266,000 employees.

Two Hundred Sixty-Six Thousand. ]]> http://seekingalpha.com/article/82745-bring-back-the-old-gm?source=feed#comment-197465 197465 Wed, 02 Jul 2008 15:38:46 -0400 http://seekingalpha.com/article/82745-bring-back-the-old-gm?source=feed#comment-197218 197218 Wed, 02 Jul 2008 11:00:36 -0400
It's a tough World Market out there. Most American's don't understand the World Auto Market. You my friend see it like it is. GM is an American Company competing with the World in it's home Market. If American's can't realize this Uncle Sam will teach them.

America is still America even if some think Foreign is American.]]> http://seekingalpha.com/article/82745-bring-back-the-old-gm?source=feed#comment-194715 194715 Sat, 28 Jun 2008 10:08:09 -0400
"Did you just say GM will not go bankrupt because no one wants to buy them?"

Yep that paraphrase is accurate. I feel the government will bail them out as pointed out in the article.

"Did you just post a chart of GM's stock price chart and call it their "market share"?"

Good Call!

"...and if they go under your career as a blogging analyst is finished."

Finished? Hardly, man. I will just be wrong :)

Needless to say it will be a fascinating scenario as GM and its divisions are rapidly approaching insolvency. We shall see what the result is.

It was easier to dismantle BSC...at least 50% of staff was taken on by JPM...the other half either have generous severances or the better ones can strike out on their own or go to niche firms in the area.

What if GM were to go under? What of those displaced employees? Who will absorb that additional capacity? There most certainly will be a public uproar if GM is allowed to fold without any gov't assistance...



]]> http://seekingalpha.com/article/82745-bring-back-the-old-gm?source=feed#comment-193352 193352 Thu, 26 Jun 2008 11:24:06 -0400
That latter point is curious to me... Here's Michigan, a state with a strong D heritage and a heavily unionized workforce, which they must have to win this fall's election, and the D's in Congress aren't lifting a finger to help them.

I guess they figure there will be plenty of time to bail out GM, or possibly nationalize the entire remains of the auto industry, once they get a D in the White House and further expand their Congressional majorities.

I suppose the D's now running Michigan, their D's in Congress, the unions, and even mangement are all sharing this dirty little secret, and getting ready to take their places on the Titanic in preparation for taking over this industry. And who cares... none of them will be paying for it anyway!

In any event, it sure beats haveing to BUILD BETTER CARS and trying to COMPETE IN THE MARKETPLACE, doesn't it...?


]]> http://seekingalpha.com/article/82745-bring-back-the-old-gm?source=feed#comment-193031 193031 Thu, 26 Jun 2008 04:48:21 -0400
However a GM-Ford consolidation might be the least worst scenario.]]>