Greg Pinelli

The Coming Crash of 2008: A Result of Overleveraging

This what is known as simple minded linear projection. Do you have a real job or is this how you inflict yourself on people? I've been an investor for over 35 years and watch the investment markets very closely..and I have no clue about a yer from now..or even 6 mos. from now. One thing is certain..every wanna be financial futuist now has a band wagon to jump on...and very few of them were riding on it when it counted.

The Market is the Price, Silly!

Well..jack be nimble, jack be quick..he read Reggie's bio and beat him with a stick...life must be a little slow around Pocupine Hollow.
In any case..I like your conclusions Reggie...Citi (and a lot of others) are going to have to simply man up to some huge pain..unless, of course, they can convince someone else to pick up the tab. My guess is they have some important peoples cell phone numbers and they're in Citi's top 5.

U.S. Debt Implosion Sets Bullish Scenario for Gold

There are too many pieces in this article puzzle that don't fit together..or don't jibe with what we are likely to see in 2008...
1. Oil at $100 has nothing to do about whether the Fed lowers a key rate..or drops reserve requirements...it's ALWAYS about liquidity and keeping the machine moving.
2. We'll very likely see some sort of rebate-o-rama to stimulate..but forgiveness of credit card debt?! Do you mean monetizing of credit card debt thru back door government guarantees??
3. I don't buy the scenario that gold shines in a deflationary environment...Cash rules and every time we've seen even a hint of contraction gold has sold off...
4. Money supply decreasing!! Billions upon billions can be loaned at very attractive rates for infrastructure and energy projects of many kinds for as long as necessary. Your chart (ABS issuers) tells us NOTHING about broad based credit creation. Do you think GE is going to put a 50 Billion dollar infrastructure project on one of their credit cards?

A Volatile January for Financials, Healthcare

This IS self congratulatory garbage...you told us what??? This is a compendium of vague generalizations ("load up on PFE???") and after the fact nosense...

Housing Bubble and Real Estate Market Tracker

Judy..Once again a very informative summary. The housing "bubble" is, of course, much more insidious than most realize. The three biggest liars on God's earth are real estate agents, bankers...and home builders. Their losses are far greater than anyone thinks...even the percentages homebuilders use..% sales..are almost too misleading to think about. In any case...this is not going away..it is NOT a passing mood like the downturns previously..this is what is known as a strategic dislocation..NOTHING WILL EVER BE THE SAME.

Housing Bubble and Real Estate Market Tracker

Another nice summary...like every other bubble the over hype and the carnival barker atmosphere was a dead give away..The PRECISE ATMOSPHERE..DOWN TO THE PRETENTIOUS KNOW IT ALL
PATTER....was the same for the Tech bubble. In Silicon Valley we now hear the same kind of whining and see the same kinds of lost looks from the home flipper crowd that techies had a few years
ago.
This crash has at LEAST a year to go...by next Fall (2008) there may be enough of the excess washed out that home building will begin again in a very modest way by the reorganized building business that is collapsing now...for the Spring of 2009.