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Steven Hansen  

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  • Macro Trends Spell Doom for Banks and Their Profits [View article]
    the strengthening of the dollar is not good news for exports. worldwide gdp growth may be limited to india and china. watch usa exports falter. there appears to be 10 big negatives on the horizon and no positives - this may explain why the news is so negative.
    Aug 26, 2008. 10:36 PM | Likes Like |Link to Comment
  • Picture of a Market Scared of Its Own Shadow [View article]
    it is not fear driving the market - it is lack of positive fundamentals. if you believe GDP growth is basically zero, what stock deserves a higher price. the perma-bulls keep trying for a rally that has no foundation. relax, this might be a very long fall and winter.
    Aug 26, 2008. 10:26 PM | Likes Like |Link to Comment
  • Looming Financial Catastrophe: A Real Inconvenient Truth [View article]
    this is a great article. the recommended actions are wrong.

    to dream we can change things requiring a constitutional amendment will not happen. to think any particular philosophy will change the course of the USA is a dream.

    there is only one solution which will work. vote everyone out of office (even if you agree with them). when the next election comes up and things have not improved - vote everyone out of office. the situation today is complex and simple solutions using campaign slogans are bull sh*t. we need leaders who will work together and solve problems. the president and congress should be looked at as if it was one party or one person. do good = re-elect. do bad = bye-bye.
    Aug 25, 2008. 12:03 AM | Likes Like |Link to Comment
  • A Quick Review of I.O.U.S.A. [View article]
    I think it is against Mr. Buffett's interests to alarm. I was baffled by the market going up on Friday after the CNBC meeting with him.

    I also believe that the economic train wreck analogy caused by the debt is too severe. To me, the economic results of the increasing debt will closely parallel the speed of a train as the grade it needs to climb continues to increase.
    Aug 24, 2008. 11:21 PM | Likes Like |Link to Comment
  • The Markets Will Reward the Patient [View article]
    Kunal, i don't see where the market will be getting its legs from. the consumer does not seem capable of stimulating the market. now the talking heads are saying the foreign markets as still linked to the US market. the problem here is the perma-bulls trying to push the market up before the fundamentals are in place for a long term bull market to run. before talking the market up, let it heal for another six months and see how things are then.
    Aug 24, 2008. 12:41 AM | Likes Like |Link to Comment
  • The New CPI Is Better, More Precise Than the Old CPI [View article]
    i am going to repeat a previous post i have made - the cpi is very inaccurate on the short haul, but seems okay when you compare say a 10 year period.

    Dr. Perry, there is nothing wrong (and to me very educational) with what you have presented. but the average american is spending 10% or more today than they did a year ago - or they have cut their household expenditures by 10% to make ends meet. it is obvious to the average wage earner inflation is in double digits.

    a short term index centered on food, clothing, and energy should be issued. the cost of shelter is fixed in the short haul for 99% of the people. the rest of the index is unnecessary as it can be classified as discretionary purchases.
    Aug 22, 2008. 08:36 PM | Likes Like |Link to Comment
  • U.S. Dollar's Rise Has a Dark Side - Merrill [View article]
    i would like to see the euro strengthen more. goodbye airbus.
    Aug 22, 2008. 05:55 AM | Likes Like |Link to Comment
  • Man in the Street: Why Not Prosecute CEOs? [View article]
    it is a shame when an armed robber of a liquor store who takes $200 gets 20 years in jail, and Financial Market robbers to lie to get millions get a house in Malibu.
    Aug 22, 2008. 05:53 AM | Likes Like |Link to Comment
  • Core Inflation Is Low and Stable [View article]
    Dr. Mark, i would agree that core inflation has been relatively flat when viewed from the cpi as it excludes food and energy. the knock on effects of food and energy onto the core inflation index is now just being felt. I am trying to grasp why you wrote this article as you know things are about to hit the fan.
    Aug 22, 2008. 05:47 AM | Likes Like |Link to Comment
  • Obama's Economic Policy and Reagonomics [View article]
    i think it is better if both obama and mccain positions are discussed side by side. it smells of prejudicial politics when only one candidate is discussed - either positively or negatively.
    Aug 22, 2008. 05:23 AM | Likes Like |Link to Comment
  • 3 Things That Could Reverse the Dollar Rally [View article]
    you do realize that the dollar moved very fast upward. i have yet to hear any argument to support that rapid of movement which make sense.

    i believe the world banks moved in concert to re-price the dollar. end of story.
    Aug 21, 2008. 05:01 AM | Likes Like |Link to Comment
  • Is Inflation a Clear and Present Danger? No Way [View article]
    two points....

    i hope we are not suggesting that inflation can only happen when the money supply is expanding in the USA? what about europe, china and india?

    inflationary pressures begin when demand exceeds supply. over time, inflation is eased by switching to alternatives.
    Aug 21, 2008. 04:20 AM | Likes Like |Link to Comment
  • Time to Avoid the Stock Markets Altogether [View article]
    the market is currently powered by momentum traders. the buy and hold boys have eaten a lot of earth.

    if it is true the market pre-prices itself for known events, and the next several quarters looks terrible - then there is little reason for an upturn now. this is time for the momentum boys to play - driving stocks up and down. there are no fundamentals in play for a real upturn.
    Aug 21, 2008. 02:56 AM | Likes Like |Link to Comment
  • Time to Avoid the Stock Markets Altogether [View article]
    the markets have no direction because there is a significant amount of information which is unknown especially on debt. gambling is done in casinos. whoever calls the bottom is only lucky.
    Aug 20, 2008. 08:27 PM | Likes Like |Link to Comment
  • Gold and the Dollar: Putting the Relative Cart Before the Relative Horse [View article]
    fiat currencies by definition are manipulated not only by the issuing countries, but also by the competing currencies in one giant chess game. it is politics over emotion over debt over printing presses. WHY WOULD YOU EVEN CONSIDER A CURRENCY INVESTMENT?

    otto, why is gold even mentioned in this article? is it implied i should be investing in gold while it is going down and avoid the dollar while it is going up? hello....i sold out of gold when it no longer was going up, and i sold out of equities when they started going down. everything is cyclic.

    falling commodity prices are the early signs of a recession. the length of a recession is indeterminate. rising commodity prices signal the beginning of the end of a recession. yes gold will rise again and i predict to new heights.

    if everyone would just open their eyes they should see that things are not acting as predicted. forget the conspiracy which is out to squash the value of gold. markets are manipulated. what is - is. when gold goes up, buy it. when it stop going up, sell it. it will cycle many times in your lifetime.
    Aug 20, 2008. 04:29 AM | Likes Like |Link to Comment