Crookedwood

Even Warren Buffett Isn't Perfect

Being in business for more then fifty years I have two views of the present unemployment statistics and the interpretation of the same. 1. The system of collection and annalysis overlook and under-count the true number of unemployed. 2. The fact of hiring for the census is real and will have a positive impact on the economy and any increase in hiring and it matters little that the duration is limited. AJK

This Recession Is a Reset to a New Normal

Yes, a new normal is in the process of being created. As with all creations we will know it after the fact. Perhaps one can take comfort in the fact that there is an actual process underway. I believe the data presented indicates a process of greater length then any of us expect. The process of fifteen to eighteen months todate looks to run another eighteen to twenty-four months. I wonder if the writer has a comment on that. AJK

Will 2009 Be Profitable? Today's Results Might Tell Us

If we are to test new lows and I believe we will then it is the moment for the youthful investor to buy and hold and for those in our later years to manage our trading within very tight parameters. Crookedwood

So Much for the Bailout

The reaction of the market is great as it confirms the depth of he problem and that government is only part of solution. Bumpy ride ahead yes, and that leads to great opportunity. Buy and hold many good stocks. Manage the process by selling into the up days and continue to buy on the down swing. Three years from now you will be up 30%.

Friday's Employment Report: A Sobering Dose of Reality

Increasing unemployment compounds the slumping housing market which in turn will drive the unemployment figures higher. What is clear is that the present policies have failured and it is time for the framers of these policies to go. The election is all about the economy and those who offer more of the same are not the solution. Crookedwood

Why Core Inflation?

Yes, refined data is vital to continued good decision making. Inflation as measured by the common man occurs in the store, at the gas pump and when paying for drugs and the electric bill. It tells him the economic policy of this government has failed him and the future is not only bleak, but filled with danger. For the common man core inflation is not a joke it reminds him of an ineffective government and economic policy.

What Was Left Out of the Jobs Report

Great article. Good analysis. More need to digest this information. When the common man believes the data the government presents is flawed and I believe they do, then they have no faith in the government to address the issues. The man and woman in the street know the rate of 5.5% unemployment is false. The result of this in many households is the fact that people will pull back on spending even more and the cycle compounds? Even the government figures will be 6.5% by end of year. AJK

Greenspan, Bailouts and Fed Policy

I agree fraud is the word for the actions of the rating agencies. Economic and political leadership failed. We need men of ethics and courage in leadership and Paulson, Snow, Greenspan as well as both political parties failed the people, Time for the people to wake up.