It's tough to find any market pros to go on the record, says a fired-up Gary Kaminsky, but what they're telling clients is the election was bad news for stocks. The bull market from the 2009 lows was about stocks priced for Armageddon meeting massive central bank stimulus, he says, but that dynamic is played out, leaving the markets to deal with the reality of a weak economy and questionable leadership in D.C. [View news story]
politics has very little to do with stock prices. There are big issues such as EUROPE, and the fiscal cliff uncertainty, If these things get resolved we will have a bull market.
"Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier) [View news story]
well we have to hold the 98% hostage for the demands of the 2%......we did sign a no new taxes pledge you know :)
(Though I don't know how they would say they upheld the pledge if we fall over the cliff)
"Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier) [View news story]
I think we have been hearing about the ghost of inflation ever since QE1 but still have to meet this elusive figure. Anyhow the FED controls QE not the president, and votes next year are hawkish.
Principal write-downs on mortgages could be coming as the President's reelection likely means Ed DeMarco's days as FHFA chief are numbered. Applying the quaint notion the housing agencies are to be stewards of taxpayer money, DeMarco has blocked administration plans for write-downs, arguing they would not just be costly, but ineffective as well. Nice to know you, Mr. DeMarco. [View news story]
More republican BS. Best way to get the economy moving is to move it from the bottom up. WIth the banks not allowing people to refinance, underwater homeonwers need relief.
Oh and I have heard all the arguments about making bad decisions and where is my chcek when I am current.... Simple answer, these people were also current but when people lose their jobs (financial crisis) paying monthly mortgages becomes harder.
Also the government has limited resources and must allocate them efficiently. Simply put, its more bang for the buck to help the underwater homeowner than anyone who is current.
Agree with you. Rome had huge problems, especially the fact that the elections were held every year, the legislative served as the judiciary, and the lack of common undeniable laws which could be trampled over by new laws.
Why, At 28, I'm Going With Dividends [View article]
I am an IRA investor, and having a good dividend portfolio is great. You can use the dividends to fuel purchases of other stocks which can be growth, speculative or more dividend stocks. Totally agree with you.
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Cigna is moving in to the Indian market. Considering that 85% of the population in India has no health insurance but discounting for the fact that 40% of the population lives below the poverty line, that still leaves a 45% growth potential for Cigna in the indian marketplace.
Thanks Brian.
PS. Whats the reason for changing your username and picture for a while?
7 Names With Unusual Option Activity [View article]
I think ford came in at 20 for reliability down from no. 10. That maybe a reason for the sell-off but who knows some hedge fund manager maybe tanking it like GMRC. Still a buy though.
Intc was a buy before and reamins a buy. I bought some before earnings and got a nice reward.
7 Must-Own Dividend Stocks For 2012 [View article]
Great recommendations. I have my eye on MCD, expect it to grow as well internationally. It has already given a 20% growth yearly. I also bought up some AGNC recently when it was at a discount of $24 :) .
7 Stocks Experiencing Abnormally High Insider Buying [View article]
Anyways what do you use for tracking insider trading?
It's tough to find any market pros to go on the record, says a fired-up Gary Kaminsky, but what they're telling clients is the election was bad news for stocks. The bull market from the 2009 lows was about stocks priced for Armageddon meeting massive central bank stimulus, he says, but that dynamic is played out, leaving the markets to deal with the reality of a weak economy and questionable leadership in D.C. [View news story]
"Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier) [View news story]
(Though I don't know how they would say they upheld the pledge if we fall over the cliff)
"Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier) [View news story]
Principal write-downs on mortgages could be coming as the President's reelection likely means Ed DeMarco's days as FHFA chief are numbered. Applying the quaint notion the housing agencies are to be stewards of taxpayer money, DeMarco has blocked administration plans for write-downs, arguing they would not just be costly, but ineffective as well. Nice to know you, Mr. DeMarco. [View news story]
Oh and I have heard all the arguments about making bad decisions and where is my chcek when I am current.... Simple answer, these people were also current but when people lose their jobs (financial crisis) paying monthly mortgages becomes harder.
Also the government has limited resources and must allocate them efficiently. Simply put, its more bang for the buck to help the underwater homeowner than anyone who is current.
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Why, At 28, I'm Going With Dividends [View article]
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Thanks Brian.
PS. Whats the reason for changing your username and picture for a while?
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Intc was a buy before and reamins a buy. I bought some before earnings and got a nice reward.
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About JPM,WFC do you think that perhaps MS and GS maybe a better investement since its in the fourth quarter that they report all their IPO holdings?
7 Must-Own Dividend Stocks For 2012 [View article]
I also bought up some AGNC recently when it was at a discount of $24 :) .
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