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IncomeYield

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  • To Sustain The Rally, The Fed Should Start Tapering Now [View article]
    So long as you have guys like Bogle telling people ...
    - expect 7% per year total return from equities,
    - 08/09 wont happen again
    - don't panic when hit with temporary 30% declines

    and the ten-year is below 4%, this market ain't going down
    May 20 11:04 PM | 1 Like Like |Link to Comment
  • To Sustain The Rally, The Fed Should Start Tapering Now [View article]
    Interest rates (what banks pay to borrow) is key.
    May 20 11:00 PM | Likes Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    Not sure I would bet the store on "rounded corners". A bigger/deeper moat would be better.
    May 20 12:16 AM | Likes Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    Like Tesla, Apple will need to decide if they want a niche with high margins or try to take it all, sacrifice margins, and make it up in volume. Or a combination of both.

    What customers and shareholders do as a result is hard to gauge. In part, that's why I say the stock is not investable. Way too many moving parts. At least you have a 50/50 chance though. :)
    May 20 12:14 AM | Likes Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    I wouldn't call small form factor computers, some with cell phone capability, revolutionary. The fact that they caught on was obviously a very good call by Steve Jobs.
    May 20 12:11 AM | Likes Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    Apple will be a victim of its own success similar to Microsoft.
    With tens of millions of devices in use, backward compatibility becomes an issue and a big hassle. Cut the cord on the existing base to move forward "forcing" an upgrade and they scream foul.

    Maintain backward compatibility and the new models look just so-so.
    May 20 12:09 AM | 1 Like Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    Yeah, Ben must be overjoyed that Apple used his "stimulus" to buy back shares instead of hiring people. :)

    How are those Apple 30-year bonds working out so far ???
    May 20 12:05 AM | 1 Like Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    I first went Apple, and all Apple with the iPhone5,and iPad3. So far, zero problems and greater productivity than I thought. No more email or vmail. Text messages mainly using Siri. I try to continually eliminate vendors and applications - simplify. Waiting for iPayments to get rid of credit cards.

    That said, the UI/UX is at best OK, and one could argue fair to poor.

    Keep your eye on Chrome devices. Could be a game changer. I plan to try them.
    May 19 11:59 PM | 1 Like Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    Screen size is one factor, the other major issue I find in my focus group is the ease of getting files on and off a device. The iPhone and iPad are more "closed". The iPhone is more of a smartphone and less of a phablet. The tweener group wants one device that is more like a small computer with cell phone capability vs. a phone with rudimentary computing capability.
    Apple should "open" it up at the risk of added complexity, support problems and cannibalization of other devices.

    Another issue is the BYOD movement. I guessed that corps would not allow and/or support a bunch of devices and OSs and that Apple would benefit as a result since they would be the obvious standard.
    May 19 11:53 PM | 1 Like Like |Link to Comment
  • Beware Long-Term Damage From Stock Market Bubble Forming Now [View article]
    That's part of the bubble, P/Es. The fed cuts rates to fix structural un-employment (which won't work almost by definition), so credit worthy companies instead of hiring, sell bonds and buy back stock.

    The more antacid you take, the more (not less) acid the stomach sends out in response to the artificial stimulus. Negative feedback loop until the patient finally drops or gets real treatment for the ulcer.
    May 17 09:08 PM | Likes Like |Link to Comment
  • Beware Long-Term Damage From Stock Market Bubble Forming Now [View article]
    Yup, if I finally went long Apple, it would go to $80. If I went short, it would go to $800.
    May 17 09:04 PM | 1 Like Like |Link to Comment
  • Beware Long-Term Damage From Stock Market Bubble Forming Now [View article]
    It's not what the Fed is doing to condition investors, it's the interest rate environment borrowers are and will demand going forward.

    Stress test it. Open the market Monday morning with a 5% 30-year mortgage just as a test. Would every home sale now in escrow fall out?

    Set auto loans at 7 to 8% and see what car sales do that week.

    Interest rates are artificial, P/E's are artificial. I do agree that non-discretionary will hold up against almost any headwind. People will pay their telecom bill, insurance, health care, etc.

    Remember in spite of almost zero rates across the board, the US economy is still at or near stall speed.
    May 17 08:57 PM | 5 Likes Like |Link to Comment
  • Stocks Are Not Cheap: New York Fed Study Misinterpreted [View article]
    All kinds of clichés in play.
    "stretch for yield", "cost of waiting" ...
    May 17 08:47 PM | Likes Like |Link to Comment
  • Yahoo's (YHOO) NYC event will be focused on Flickr updates rather than Tumblr, Bloomberg reports. This, of course, doesn't preclude a Tumblr deal from being announced at some other time. Marissa Mayer reportedly doubled the size of long-neglected Flickr's engineering team last summer, and new Flickr apps have launched to positive reviews. However, Flickr's online photo market share is now well below that of Facebook/Instagram. [View news story]
    The Apple bond sale marked the bond top, and this deal would mark the tech top for the pure Internet plays.
    May 17 08:45 PM | Likes Like |Link to Comment
  • A Hidden Gem In The Solar Industry? [View article]
    Better look closely at the biz model. The companies doing no money down lease type stuff could be locking in long term trouble. The utes are not going to take this laying down. They will fight back and want connect charges from anyone using "their" grid.
    May 17 03:11 PM | 1 Like Like |Link to Comment
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