Dave Wrixon

Market Outlook 2010: Three Economic Forces that Will Determine Market Direction

A lot of good points but inherently contradictory, mainly because there is no account of how inflation and higher rates will impact corporate earnings leading to further unemployment. Your prognosis for Real Estate is also much too optimistic. The market is solely sustained by unsustainable Government intervention. Housing is heading lower again.

Market Outlook 2010: Three Economic Forces that Will Determine Market Direction

Yes, like the Swiss Franc I guess.

None of America's military might is likely to render a territorial or even a security advantage, let alone a economic windfall. The US defense budget is nothing more than a millstone around the neck of its economy. The premise that this will lead to a strong dollar is therefore utterly flawed. The value of the dollar is simply down to supply and demand. Much of the demand for dollars have been provided by US companies selling foreign assets to plug holes in the their balance sheets.

Market Outlook 2010: Three Economic Forces that Will Determine Market Direction

I think you must have invested yours on the street corner. This is the singularly the worst advice I have seen in months.

China's New Year's 2010 Gold Rush

Probably when the US is forced to hand over Gold to cover its debts.

How One Hand of Government Is Squeezing Another

Yep, same in the UK. Infrastructure expansion which has yet to materialize has resulted in massive scaling back of Infrastructure Maintenance. This means that many professionals in this area that were in short-supply before the crisis struck are now without work, even though they are desperately needed.

Asia to the West: Get Off Your High Horse

G2? That's a laugh. Europe is the World's biggest Economy. Get a grip you guys. If there ever were a G2, the US wouldn't even be on the list. But then what happened to the Freedom and Democracy that you guys perpetually need to be invading other nations to defend?

Volcker: Not Persuasive Enough to Convince Obama

Let's face it, the only reason Obama hasn't sacked him, is because he never gave him a real job in the first place. He was just given a sop to try and silence him. Obviously not working as well as planned, but still better than a focal point for opposition.

Economic Double-Dip? Try a Triple

Well, I would suggest that something has to be done and more fiscal and monetary excess has been demonstrated to exacerbate the problem, so what exactly would you suggest?

Economic Double-Dip? Try a Triple

Yes, that make some sense to me. There is for each a defining bubble and collapse followed by a string of inappropriate policy initiatives that, whilst perhaps mitigating the severity ,certainly prolong the recovery process. The problem is that we don't really know how bad things would have been without the meddling. Whilst, it is a little counter intuitive, it is more than possible they simple exacerbated the problems by triggering a string of bubbles rather than deflating the bubble that the caused the initial problem.

Economic Double-Dip? Try a Triple

I tend agree that in reality there never was an upturn, but even the revised official figures are likely to paint it otherwise.

Economic Double-Dip? Try a Triple

I tend to agree that the US never really emerged from the 2001 recession but simply covered up the weakness with fiscal and monetary expansion. When this charade wore thin and resulted in a second collapse, they simply opened the sluice gates once more to keep the turbines running near full speed. However, one needs to face up to the fact that unless consumption is reduced to allow the reservoir to replenish, it eventually it will run dry and the turbines will simply stop.

I disagree that we are looking at a triple dip. The third leg is likely to prove a much more catastrophic event. To the extent that the talkingheads like Krugman are likely to disassociate it with what passed before.

2010: Time to Arrest the Oil Extortionists?

Why don't you just invade a few more Arab countries like you did Iraq so you can secure more cheap oil?

Ooops! I forgot, weren't the Russians and Chinese the main beneficiaries?

Perhaps bringing your consumption more in line with the rest of the developed Word might be an alternative to War Crimes? No, I thought not. That would be UnAmerican.

China's New Year's 2010 Gold Rush

Of course, I meant the Chinese do not face the prospect of a collapsing currency unless of course they keep it tightly pegged to the Dollar which is unlikely. The US remains the most likely market for public Gold holding due to the inherent instability of its currency. The fact that Bernanke has now chosen the festive period to demonstrate his ignorance of the effects of his own monetary policy does not bode well for the Dollar.

Market Outlook 2010: Three Economic Forces that Will Determine Market Direction

"Continued low interest rates. Even if much of the developed world sticks to mid 2010 as the deadline for beginning rate increases, these will likely be small and cautious moves unless growth in jobs and spending or inflation is really heating up, which few expect to happen. This helps demand for stocks as it supports earnings by keeping credit costs down, and also leaves yield-seeking capital few alternatives."

Sorry, but this is only valid if you believe the FED rather than Markets will have the last say on interest rates.

Conspiracy Theories: Great for Entertainment, Not a Source of Investment Advice

Yes, and the latest bit of firm information seems to be from the Fed confirming that the Housing Market Bubble had absolutely nothing to do with Monetary Policy. ROTHLMFAO