Seeking Alpha

Glen Bradford's  Instablog

Glen Bradford
Send Message
Glen Bradford MBA is a wealthy professional that enjoys distressed equity situations. In life, everyone makes stuff up, if you want to be rich, do not pay attention, make them pay. The absolute best you can do is give someone an opportunity and incentive to take it. Take upon yourself worth... More
My company:
Glen Bradford
My blog:
Global Speculation
My book:
Act As If
  • ECRI - Growth To Peak For Global Industrial Sector 0 comments
    Jan 5, 2012 7:40 PM | about stocks: BAC, CAT, XOM, AA, PG, FXI, FXP
    How is this not making headlines? The ECRI is an organnization that I've relied on to assist in figuring out what is going to happen. Anyone can tell you what has happened. People build entire careers and livlihoods telling you what has happened. I'll say that a little prescience is far more valuable than documenting the past. They're saying now that we are likely going to see a hit to the global industrial sector, led not by overspeculation, but from actual demand contraction.

    The Implications - Who is Right?
    Jim Chanos, Marc Faber, Ben Benanke, George Soros, Jeremy Grantham, Cullen Roche --- all are looking ridiculously intelligent. Jim's been calling for a China crash, and China's economy is mostly based on pouring concrete, building buildings people can't afford to live in, and hiding liabilities in off-balance-sheet entities if you ask him. Marc Faber's been shooting bullseyes from the hip for a few years now and he sees a hit to the industrial sector being followed by more quantitative easing and high inflation. Ben Bernanke has advised that we aren't seeing high inflation because we are simply seeing cyclical speculation in commodity prices. George Soros and Billionaire Carlos Slim reportedly got out of Gold and Silver at the top. Jeremy Grantham's calling the squeeze on the poor due to China's economic policy Cullen Roche went short into the madness as opposed into the fall when things were getting crazy at the top. Well Played.

    The Dow Jones Industrial Average:
    Well, if the growth peaks for the Global Industrial Sector, how can you possibly be bullish on the Dow Jones Industrial Average? The components of the Dow that I am the most worried about are: Bank Of America (NYSE:BAC), Caterpillar (NYSE:CAT), Exxon (NYSE:XOM), Alcoa (NYSE:AA) United Technologies (NYSE:UTX).

    Commodities to Short:
    Copper, Aluminum, Nickel, Lead, Silver, Iron Ore --- all metals that I expect to see continued weakness in.


    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
    Stocks: BAC, CAT, XOM, AA, PG, FXI, FXP
Back To Glen Bradford's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • $FNMA Gregg M. Schwind is a senior trial counsel with the United States Department of. Justice FIRED $FNMA #FANNIEGATE
    Jul 13, 2015
  • I can't make this stuff up! Prior @USTreasury official amends the world's most profitable company in 2013's to pay all money to @USTreasury
    Dec 22, 2014
  • Fannie Mae - '4 Documents, Produced In Discovery' $FNMA http://seekingalpha.com/a/1nchr
    Dec 20, 2014
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.