John Gaats

President Bush Envisions a Soft Landing — What Does He Know?

I was looking for lines like "There is nothing to fear except fear itself". He didn't say that. In fact, I woulddn't believe it even if he said that.

All's Well In the Financial World Again, Which May Be Cause For Concern

I am also confused by recent up swing of mortgage plays and home builders. My concern is that they might lose more if they actively buy back their stocks like that. However, I hope those were true market actions where down swing shocks will be absorbed by others.

Pimco Chief Bill Gross: 5-10% Correction May Be Ahead

I went to the pimco web site to read bill gross's article. This is second time around since his hooker article. I find this one hard to understand. His previous article was about complaining bad rating work. What about this one? Any way, he is more passonate about his point and less about presenting more evidences. Please enlighten me.

Yield Curve Versus Stocks On a Decade By Decade Basis

Good work.

Looks that the correlation changes from time to time. Right now, the yeild curve is like a back door for short sellers to hajack the market. If the correlation you mentioned here holds for good, the market could be controlled by special interest groups at the time of their choosing. That's the kind of thing that worries me.

Thanks again for the good work.

The Impact of Long Bonds on This Market

Good blog! I am so happy to read it even while I am still losing on stock. What confused me was I thought rising ten year was a good thing because it fixs the inverted yeild curve. However, the market got really panic. Looks to me that the bond market is at least partially driven by reasoning. Stock market is mostly speculation. B.T.W, can you enlighten me on correlation between our economy and the Fed rate? I suspect the correlation built between stock indexes and the fed rate is more of a superstition. Thanks.