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Gregor_MacGregor

Gregor_MacGregor
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  • Abenomics, Bond Volatility And The Taper That Wasn't [View article]
    Can you say Bail ins...can you say mandatory treasury purchases for pension funds...can you say mandatory pensions...that is the exit strategy. Robbing Peter to pay Paul...robbing citizens to fund bank bail outs and government operations...and all that with increased surveillance and less 2nd amendment...
    Jun 13, 2013. 09:59 AM | 1 Like Like |Link to Comment
  • Earnings, Economy, Valuations And Rates All Favor Stocks Over Bonds [View article]
    So there is a 15% up side...what is the downside...its like play to win 2 or lose 10...If you wanna buy stocks there are OTHER markets apart from the s&p...also it is flawed to look at the S&P as a whole...its like saying commodities are a great investment if gold is the only one rising and carrying the whole asset class...you should break down the S&P and see where this price action is coming from. No growth stock...mostly defensive...or yield hunting...either way you look at it in an increasingly globalized world the most developed stock exchange is by default the most over valued. Stay in cash and pick up deals on the way down...there are no real positive indicators in the US economy...everyone is talking about bullish signals but I fail to see any. NFP with lower LFP...padded inflation...etc etc
    Jun 12, 2013. 11:07 AM | 1 Like Like |Link to Comment
  • The 3 Worst Financial Predictions Of The Last 5 Years [View article]
    While I agree in essence...I have my doubts...if you consider inflation numbers to be understated and employment overstated due to a decrease in LFP then...the US is still in recession...what about off balance sheet liabilities...a mortgage market in a bottleneck...where foreclosures are not processed to this day...people living in default to prop up the economy...Its very hard to believe any kind of recovery is happening...
    Jun 12, 2013. 07:36 AM | Likes Like |Link to Comment
  • The 3 Worst Financial Predictions Of The Last 5 Years [View article]
    The article that you use to explain QE is incomplete to say the least and selectively biased truth be told. Where would be the yield on 2 year Treasuries if the FED was not a buyer...this is basically how little Dickie imagines the world functions... everything nice and orderly and all asset classes in their separate vacuum not having an impact on each other. That is not the case...while I agree that there is a misunderstanding of QE its mostly to do with expectations of increased inflation which is incorrect in a deleveraging environment where money is not reaching the real economy. That does not mean however that it will never reach it...when it does we will have inflation beyond our control...and it will happen when the banks find a new way to leverage their balance sheet and bypass the new Basel rules....which lets face it is a matter of time...
    Jun 11, 2013. 05:06 AM | 2 Likes Like |Link to Comment
  • "This bank is anti-fragile, we actually benefit from downturns," says Jamie Dimon, speaking ahead of JPMorgan's (JPM) investor day (presentations and webcast). Still continuing to cut costs, the bank expects headcount reduction of 13-15K in its mortgage banking unit by the end of 2014. Shares +1% premarket. [View news story]
    smugness is the problem...we'll see him hat in hand in year or two...
    Feb 26, 2013. 11:14 AM | Likes Like |Link to Comment
  • "This bank is anti-fragile, we actually benefit from downturns," says Jamie Dimon, speaking ahead of JPMorgan's (JPM) investor day (presentations and webcast). Still continuing to cut costs, the bank expects headcount reduction of 13-15K in its mortgage banking unit by the end of 2014. Shares +1% premarket. [View news story]
    Especially when its traders punt and loose a couple of billion....cuz after all Ben can always print more...
    Feb 26, 2013. 09:14 AM | Likes Like |Link to Comment
  • Not buying the so-called "great rotation" out of bonds into stocks is JPMorgan's Eric Bernstein, who says fixed income's biggest fans - pension funds, insurance companies, and central banks - aren't just suddenly going to become stock investors. He expects continued moderate tightening of spreads. [View news story]
    they are not going to become...they already are. Although that does not mean perpetual rallies in equities which have already de-coupled from any link to reality and are in a speculative bubble...which will turn south sooner or later...i am betting on late March.
    Feb 5, 2013. 04:27 AM | Likes Like |Link to Comment
  • Royal Dutch Shell (RDS.A) and Kinder Morgan (KMI) will team up to export liquid natural gas from the Elba Island LNG terminal near Savannah, Ga. Financial terms were not disclosed. El Paso Pipeline Partners (EPB), a KMI unit, will own 51% of the new entity and Shell will own 49% through affiliates and subscribe to 100% of the liquefaction capacity, expected at ~350M cu. ft./day. [View news story]
    thanks guys!
    Jan 28, 2013. 10:01 AM | Likes Like |Link to Comment
  • Royal Dutch Shell (RDS.A) and Kinder Morgan (KMI) will team up to export liquid natural gas from the Elba Island LNG terminal near Savannah, Ga. Financial terms were not disclosed. El Paso Pipeline Partners (EPB), a KMI unit, will own 51% of the new entity and Shell will own 49% through affiliates and subscribe to 100% of the liquefaction capacity, expected at ~350M cu. ft./day. [View news story]
    How likely is this to be approved? I thought NG export was banned by federal govt due to national security concerns...?
    Jan 28, 2013. 08:57 AM | Likes Like |Link to Comment
  • The battle over Tesla Motors (TSLA -0.5%) hums right along with analysis seemingly strong on both sides of the argument. Deutsche Bank highlights the pie-in-the-sky worries on the name by calling out 78% of its estimate for TSLA's net present value uses cash flows from 2020 and beyond, while Jefferies notes even modest forecasts for growth in the EV market point to steady revenue for Tesla in the future. Shares have settled into a narrow trading range over the last few weeks with visibility on Tesla's production numbers for 2013 still cloudy. [View news story]
    ^^I would take that in size...long term buy. Soon enough will be an attractive acquisition target guaranteed.
    Oct 15, 2012. 10:03 AM | Likes Like |Link to Comment
  • In his first public speech since joining the central bank in May, Fed Governor Jeremy Stein (a FOMC voter) throws his full support behind QE. Worth keeping an eye on as he's likely to be a candidate to replace the chairman (should the President win reelection), Stein - like Bernanke - considers rising stock prices a sort of unofficial 3rd mandate of the Fed. [View news story]
    ^^ what they said! " considers rising stock prices a sort of unofficial 3rd mandate of the Fed" == genius at work!
    Oct 11, 2012. 11:55 AM | Likes Like |Link to Comment
  • First Solar (FSLR +2.9%) is trekking higher following the U.S. government's official imposition of anti-dumping tariffs against Chinese solar vendors, and LDK Solar (LDK -2.9%) and Suntech (STP -2.7%) are doing the opposite. The Chinese government was quick to denounce the tariffs, which are accompanied by countervailing duties of 15%-16%. But some U.S. manufacturers are disappointed the duties don't cover Chinese solar modules made with non-Chinese cells. [View news story]
    free markets at work...why do I even bother showing up for work these days...
    Oct 11, 2012. 10:22 AM | Likes Like |Link to Comment
  • In the latest twist in the dispute between BP (BP) and its Russian billionaire partners in TNK-BP, AAR, which represents the partners, intends to sell its 50% stake in the JV to a third party or sell some of the shares in an IPO. AAR said yesterday that the move would give it more flexibility if BP sells its 50% holding to Rosneft. [View news story]
    The only way to win a court case in the Russian courts is to be a Russian citizen...
    Oct 9, 2012. 07:51 AM | Likes Like |Link to Comment
  • A cautious Goldman note could be adding to Facebook's (FB -6.7%) losses this morning. The firm expects shares to "remain volatile over the next few months" due to the giant Nov. 14 lockup expiration and "the market's allergy to supply." Nonetheless, Goldman is maintaining a Buy, and is encouraged by the higher ad rates associated with new ad products. (Barron's column[View news story]
    As soon as GS gives a Buy recommendation to anything...the shares tumble. FB is not worth more than 15 bucks a pop...and even that is stretching it. When they present a clear strategy for manufacturing value for their shareholders we can talk until then they remain as attractive as an East German Trabant.
    Sep 24, 2012. 11:35 AM | 2 Likes Like |Link to Comment
  • A new poll puts the right-wing New Democracy party back in the lead in Greece with 26.1%, ahead of the anti-austerity SYRIZA, which had been well out in front last week. Crucially, New Democracy and the Socialist PASOK party would have enough seats to form a pro-bailout government.  [View news story]
    I think that may be how they got here in the first place :)
    May 18, 2012. 06:26 AM | Likes Like |Link to Comment
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