Stock Market Sage

Justice Watch Lawsuit Raises Serious Questions on TARP Decisions

This article is excellent and makes we want to puke in disgust. He is on CNBC at least once a week "fighting the good fight".

It is a sad state of our politicians to do this kind of stuff in this time of crisis.

Outspoken strategist Janet Tavakoli of Tavakoli Structured Finance lashes out (.pdf) at the pundits (Taleb, Whitney, Gasparino) who have been patting themselves on the back for calling the crash. "Hundreds of people from clergymen to lawyers have claimed decorations for bravery that they never earned. Why should finance be any different?"

Wow, me thinkest someone has had their feelings hurt to put this out as a stand alone piece.

CNBC Viewership Down 28%

Good Lord Tyler, how can you not mention the ratings for the Big Idea with Donnie Deutche...Are you serious? That has to be a misprint! That pint size pony is doing that well???

Thoughts on PIMCO's Investment Outlook

Awesome as usual...I laughed out loud!

Jon Stewart Takes on Goldman Sachs [Video]

I never laughed so loud in my office at 9:33am...great work Tyler!

Hey Fredinand, might be time to head back to Spain as you realize that the freedoms we have protect people like Jon Stewart and allow him to voice his opinion, no matter what Spanish Conquistadors think.

Evan Newmark at Mean Street wonders: How long before we have retail brokers recommending balanced portfolios of subprime CDOs, front-loaded mutual funds, and state IOUs?

This was a pretty satirical and funny piece..I laughed out loud at a few of the States he mentioned...good work.

Household Net Worth Still Almost 20% Higher than in 1999

This is not one of the better Beach Pundit articles, agreed. Maybe he had nothing to really talk about and wanted to get something posted. The inflation details is so blatently obvious, I wonder if he factored it in..

TARP Repayment: Some Perspective

I asked Tyler a similar question a few weeks ago. With all this buying of new bank debt all over, who is buying this stuff so quickly? Is there a public registry, Tyler or something to see who is actually buying all these new shares and new bond offerings?

If it turns out to be Uncle Sam...head for the hills!


On Jun 09 04:09 PM Bulldog12 wrote:

> Tyler, any idea of who is investing in these banks latest offerings?
> I have not seen any articles disclosing their identity.

Retail Chain Store Sales Take a Dive

"The reason I know it is lagging news is because it is bad news"

Are you serious?

That is the definition of bad news you are going to stick with?

So, by your definition, all good news is leading news, because all leading news is good?

WTF?

An Insider Trades the 'Housing Rebound'

That is breathtaking, if not criminal...

The stuff you come up with and find is unreal.

Keep up the good work!

He's still ticking. Bin Laden criticizes Obama in new tape shown on Al Jazeera TV. (Reuters)

It must be like "Weekend at Bernie's" over there with trying to prop him up and record him..

As the Dollar Continues to Collapse, Where Will You Put Your Money?

I read it Spartacuss...don't worry, I read all the way down.


On May 26 08:36 AM Spartacuss wrote:

> Wow. A lot of commentary. I wonder why I am writing this in the sense
> that no one will get this far to read it.
>
> However, I think someone needs to point out the obvious, since in
> most things, the obvoius escapes us. We seem to thrive on complexity,
> I think for the most part because it provides an avenue of displaying
> our smarts and awareness of complex issues. The naggin question in
> my mind is, is this really a complex issue. We connect complexity
> with confusion. Obviously if we are confused it only can be because
> it is too complex.
>
> I posit that we are faced with a complex issue at all. What we are
> confronted with is a new paradigm. The old yardsticks are no longer
> so serviceable. The greatest human failing of all is being forced
> to beleive something that we know from previouis experience just
> can't be so.
>
> I would submit that our new financial existence has no precedent.
> And thus, we are literally forced, in our malaise to adopt postures
> unthinkable in recent past. Confusion. The author of this article
> is spot on. We may twidget and fidget, but the the truth now is not
> all that palatable. Gold and ammunition? Well, they do seem to be
> going up in price and "availabilty" ?
>
> Perhaps this is a fad market, it certainly looks like one, but then
> and then perhaps we are looking at the very large teeth of some kind
> of prehistoric monster...we just really don't know, and not knowing
> is painful in the extreme.

As the Dollar Continues to Collapse, Where Will You Put Your Money?

I read it Spartacuss...don't worry, I read all the way down.


On May 26 08:36 AM Spartacuss wrote:

> Wow. A lot of commentary. I wonder why I am writing this in the sense
> that no one will get this far to read it.
>
> However, I think someone needs to point out the obvious, since in
> most things, the obvoius escapes us. We seem to thrive on complexity,
> I think for the most part because it provides an avenue of displaying
> our smarts and awareness of complex issues. The naggin question in
> my mind is, is this really a complex issue. We connect complexity
> with confusion. Obviously if we are confused it only can be because
> it is too complex.
>
> I posit that we are faced with a complex issue at all. What we are
> confronted with is a new paradigm. The old yardsticks are no longer
> so serviceable. The greatest human failing of all is being forced
> to beleive something that we know from previouis experience just
> can't be so.
>
> I would submit that our new financial existence has no precedent.
> And thus, we are literally forced, in our malaise to adopt postures
> unthinkable in recent past. Confusion. The author of this article
> is spot on. We may twidget and fidget, but the the truth now is not
> all that palatable. Gold and ammunition? Well, they do seem to be
> going up in price and "availabilty" ?
>
> Perhaps this is a fad market, it certainly looks like one, but then
> and then perhaps we are looking at the very large teeth of some kind
> of prehistoric monster...we just really don't know, and not knowing
> is painful in the extreme.

As the Dollar Continues to Collapse, Where Will You Put Your Money?

Way to many Planet of Apes marathons for you Mr. CamelToe


On May 25 08:21 AM chistletoe wrote:

> Where to put one's capital, in this scenario,
> really, is not the right question.
> I started my planning by considering that all investment and capital
> assets are going to zero.
> Those people who rely on money for their well-being -- are going
> to die.
> The people who survive will be people who have skills, who have tools,
> and who have hard assets stockpiled. People who enjoy working and
>
> taking care of the people around them.
> The rich are all doomed. Which is no less and no more than what they
> deserve.

Across the Curve reports that Ford (F) is bringing a 5-year bond deal.

Actually, a very good question YoungMan..


On May 28 02:45 PM youngman442002 wrote:

> Heres a question...with GM and Chrysler now owned by the union and
> the Government...will they ALLOW Ford to survive?????? Will Ford
> get any Government Fleet contracts or will they ALL go to GM and
> Chrysler to MAKE them seem successful...interesting questions..what
> if Ford donates to Republicans????