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Patrick_Smith

 
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  • Apple Can Recapture Old Magic By Looking To The East [View article]
    @VIRUSKBS
    What would you think of @lseekman 's plan?
    Mar 11 05:21 PM | Likes Like |Link to Comment
  • Apple Can Recapture Old Magic By Looking To The East [View article]
    @lseekman
    That seems perfect. And as income grows in China more and more consumers would switch to the full-price model
    Mar 8 04:29 PM | Likes Like |Link to Comment
  • Apple Can Recapture Old Magic By Looking To The East [View article]
    @watchone
    I meant that it was underwhelming in terms of new features offered, but I do get what you're saying. That China Mobile Phone does seem look an interesting idea, maybe something similar to what @jpetepatti mentioned? A bare-bones iPhone with cut down features, but I would definitely see web-browsing as a necessity in this day and age. Even so called 'dumb' phones and iPods possess that capability so I think it would be a must for any phone released by Apple.
    Mar 8 12:07 PM | 1 Like Like |Link to Comment
  • Apple Can Recapture Old Magic By Looking To The East [View article]
    @VirusKBS
    What do you predict out of their next few earnings reports? Additional wealth created in the housing recover and lowered unemployment (down to 7.7% today : ) ) point to greater consumption out of the U.S. in the short term at least.
    Mar 8 09:33 AM | 1 Like Like |Link to Comment
  • Apple Can Recapture Old Magic By Looking To The East [View article]
    @rickventura
    That is true about the brand, Apple's brand is up there with Coke, McDonalds etc. I wrote this article a few weeks ago and have just finally put it up, with Apple at 430 now I am seriously considering a purchase.
    Mar 8 08:40 AM | Likes Like |Link to Comment
  • Beyond Sequestration: Markets Already Vulnerable [View article]
    @chigger

    Just reported that problem, hopefully it will be fixed quickly. Thank you!!
    Feb 26 10:01 AM | Likes Like |Link to Comment
  • Contraction In U.S. A Big Warning Sign For Investors [View article]
    @Robert

    Yes, hyperinflation is the risk that comes with continually borrowing money with no way to pay it back. Although the U.S. isn't doing great right now, we aren't dealing with anywhere near the economic troubles that Germany was facing after WWI. I wrote about the risk of inflation in this article: http://seekingalpha.co...
    Feb 1 04:50 PM | Likes Like |Link to Comment
  • Contraction In U.S. A Big Warning Sign For Investors [View article]
    @Buckoux

    The problem with economics is that you are forced to use real life examples, so "what-if?"s cannot be proven. Supporters of Bernanke's expansion of monetary policy would say that we would be in a much worse sitution had he not cut interest rates and expanded the Fed's balance sheet. While that cannot be proven, and any inflationary effects from the Fed's actions have yet to be felt, we do know that based on his work on the Great Depression, Bernanke belies that it is better to do too much then too little.
    Feb 1 04:47 PM | Likes Like |Link to Comment
  • Contraction In U.S. A Big Warning Sign For Investors [View article]
    Kane I do see that as the problem: a lack of aggregate demand. Further cuts in government spending would hurt this even worse as government employees and contractors get laid off/have their pay cut.
    Jan 30 08:48 PM | Likes Like |Link to Comment
  • A Storm Is Brewing For Financials [View article]
    Mark while I would agree with you about shorting T-bonds, the Fed has distorted the market by purchasing so many bonds. I read recently that the Fed's balance sheet has topped $3 trillion, and with no end in sight I would not want to bet against Bernanke.
    Jan 28 05:57 PM | Likes Like |Link to Comment
  • A Storm Is Brewing For Financials [View article]
    That is possible as financials' earnings reports were generally pretty good, but I think the risk factors I listed could bring them down.
    Jan 28 10:18 AM | Likes Like |Link to Comment
  • A Storm Is Brewing For Financials [View article]
    Whether or not he is, it is still more likely that any significant shift in his attitude toward regulation would happen in his second term. Even if he has been dependent on contributions from Wall Street for his last two elections, he no longer will be running for office so his priorities may shift.
    Jan 27 01:57 PM | Likes Like |Link to Comment
  • A Storm Is Brewing For Financials [View article]
    The fact is though that if another recession hits, the banks will be hit hard. I do not think there will necessarily be one, and there is a good chance that you are right. But a recovery is priced into the markets right now, and there are multiple risk factors that could derail that recovery. I am going to do a follow up article with some additional potential risk factors.
    Jan 27 12:33 AM | Likes Like |Link to Comment
  • A Storm Is Brewing For Financials [View article]
    Mark that is how I imagine the inflation occurring, a rapid expansion of the money supply fueled by companies putting their money to work. We might see a fast improvement in the job market when this influx of cash comes, but it means inflation with it. The Fed has to realize this risk, but it is Bernanke's philosophy that it is better to do too much rather then too little.
    Jan 26 06:28 PM | Likes Like |Link to Comment
  • A Storm Is Brewing For Financials [View article]
    Buffett was able to get into BAC at a very good price, and with a deal that is not available to normal investors.

    I am going to be writing about Europe in a follow-up article. The European banks are (obviously) more vulnerable to setbacks within the Euro zone, and the recent elections in Germany make things more interesting as Merkel is not as secure in a third term as she would like to be.
    Jan 26 11:08 AM | 1 Like Like |Link to Comment
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