steven West

5 Comments

    • ON: Wed Feb 20th 22:30 PM
      Commented on:
      Still Too Early to Celebrate Dow and S&P 500 Rise
      nice analysis... I happen to disagree. Its stylish to be bearish right now.. so much so that the media has talked us into the recession that never was.
      I believe the worst is now behind us but good luck to you
      View article »
    • ON: Sat Feb 16th 17:05 PM
      Commented on:
      What the Charts Tell Us (Or Don't)
      gee that was worthless.. take a stand please my daughter could have done that..
      View article »
    • ON: Mon Feb 4th 23:55 PM
      Commented on:
      What Happened the Last Time Fed Funds Rate was 3%?
      I disagree. Inflation is moderating and unemployment is VERY low in historic terms.. are you expecting 0% unemployment ????
      View article »
    • ON: Fri Feb 1st 20:02 PM
      Commented on:
      What Happened the Last Time Fed Funds Rate was 3%?
      no what means the market has bottomed is the fact that most of the housing news is already discounted. for that matter the fact that we are in recession is already been discounted. 9/11 was a singular event with immediate consequences for the market ( strictly speaking in terms of financial loss). the Fed was behind events at that time.
      Today is completely different as the Fed is trying to keep up with the curve and many stocks priced this recession in months ago.
      you should have done your comparison to the yield curve rather than just the discount rate. Or even the fed model ( yields of bonds vs. Stocks)
      I think then you would have seen a very different picture based on past events...
      I think we have bottomed. I also think that unemployment remains very low, wages are increasing and companies ( unlike 2001-2002) are cash rich AND P/E ratios are very reasonable- even IF earnings do come down another 10%..... but that has not been the case. Despite the Bears trying to scare us into recession Most companies, ex financials, are beating the street expectations so far.
      Frustrating when the bears cant jawbone a recession but there just is not one coming.
      View article »
    • ON: Fri Jan 25th 01:42 AM
      Commented on:
      Recession Talk Has Gone From 'If' to 'How Bad'
      you have it all wrong.. its not if to how bad but from if to never was.
      sorry Ray you have the story wrong wrong wrong.. lets see Unemployment is historically low, interest rates are VERY low - oil is coming down hard, inflation is tame, Earnings are mostly beating ( ex- financials) and companies have more cash on their balance sheets than ever before
      REPEAT AFTER ME : THERE IS NO RECESSION..
      View article »
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