What will happen with all of the money printing and entitlements when the dollar is no longer the reserve currency of the world ??? Before handing out more free money, it might be worthwhile to see how much the US standing has changed over the years on the Heritage Foundation Index of Economic Freedom at the following link: http://herit.ag/zMZkpk
There is still the concern about the uncertainty associated with the US legal system, and possible open-ended liability ruling by the court. Recall the 10.53 billion damage award against Texaco back in 1985 for wooing Getty Oil away from Pennzoil. No one expected a 10.53 billion dollar ruling against Texaco. Texaco then filed for bankruptcy. The legal system can be highly unpredictable, and could readily bankrupt BP, similar to Texaco.
To Understand The Future You Must Know The Past [View article]
Good comment - I have wondered about the same thing. You can see the Heritage Foundation Index of Freedom at the following link: http://herit.ag/zv8DBu
To Understand The Future You Must Know The Past [View article]
Great Read Kerry - Thank You !!! Two questions please...... 1) Any projections on the magnitude of the correction you predict for 2013 ??? 2) It seems like a lot of previously reliable models have been challenged in today's environment with the Fed and QE1, QE2, Operation Twist, then Twist some more, then QE-Infinity, and ZIRP extended for Infinity,......also Abenomics and the BOJ,.....and Fed dollar swaps made available for European Banks, and ....... etc..... etc...... etc....... Do You think all the world-wide Central Bank Intervention could derail a 2013 correction, and things could just "muddle along" since cash is becoming worthless, while large cap dividend stocks seem better than bonds ??? It doesn't seem like there is a lot of alternatives in today's environment other than large cap dividend stocks. Note also that government is looking at using Chained CPI and revising the way they calculate GDP (not to mention unemployment being diminished by increasing the disability rolls), and all of these changes to how the economic parametric's are calculated will improve the numbers without anything fundamentally changing.
Great Read Eric - Thank You !!! I think Your approach to the current environment is best. It "appears" that QE-Infinity will be supported indefinitely by ZIRP-Infinity (ZIRP Forever), and the Bernanke Fed will NEVER let excesses work through the system without massive amounts of stimulus. It also seems doubtful that the Bernanke Fed will change policy between now and January 2014, when his term ends as Chairman. Some articles have suggested that Janet Yellen may possibly replace Bernanke as the next Chairman, and that the helicopter stimulus may be replaced by saturation carpet-bombing stimulus; but guess we will have to "wait and see" on that one. Over the long term, the optimum seems to be to investment in high quality large caps that pay a dividend,some of which You mentioned above, or alternatively watch your cash become worthless.
Michael - thank you for another great read. I was wondering about the same subject as mentioned above by "change is the only constant." Is the anecdotal rationale for the irrational exuberance in the market happening because of the Cyprus bank seizure and BOJ Abenomics; such that a lot of foreign money from Europe and Japan is now flowing into the US bond and stock market ??? Does your model note any changes of the flow of foreign funds into the US bond and stock markets ???
Michael B. - there is a previous article on Seeking Alpha that points out that RNF uses Natural Gas in their chemical process, and that going forward the increase in Natural Gas prices could hurt their bottom-line.
Great Read - Thank You Is there any recommended reading on the internet or books that You would recommend for learning more about the concepts You showed above, as applied to predicting the stock market using fractals, Elliot wave, and technical analysis ??? THANK YOU !!!
Ajit - Good Read - Thank You I would be interested in learning more about Elliot wave, Cloud charts, and technical analysis. Are there any internet pages or books that You would recommend for reading in order to learn more about this ??? Thank You
Permian Basin Royalty Trust: The Merry Merry Month Of May [View article]
THANK YOU !!!
A Closer Look At WisdomTree's Dividend ETFs [View article]
Just Give People Money [View article]
Before handing out more free money, it might be worthwhile to see how much the US standing has changed over the years on the Heritage Foundation Index of Economic Freedom at the following link: http://herit.ag/zMZkpk
BP: A Long-Term Investment [View article]
No one expected a 10.53 billion dollar ruling against Texaco.
Texaco then filed for bankruptcy.
The legal system can be highly unpredictable, and could readily bankrupt BP, similar to Texaco.
To Understand The Future You Must Know The Past [View article]
Thank You for your article - and Thank You for Your response to my questions. Appreciate You sharing your insights and expertise.
THANK YOU !!!
To Understand The Future You Must Know The Past [View article]
http://herit.ag/zv8DBu
To Understand The Future You Must Know The Past [View article]
Two questions please......
1) Any projections on the magnitude of the correction you predict for 2013 ???
2) It seems like a lot of previously reliable models have been challenged in today's environment with the Fed and QE1, QE2, Operation Twist, then Twist some more, then QE-Infinity, and ZIRP extended for Infinity,......also Abenomics and the BOJ,.....and Fed dollar swaps made available for European Banks, and ....... etc..... etc...... etc.......
Do You think all the world-wide Central Bank Intervention could derail a 2013 correction, and things could just "muddle along" since cash is becoming worthless, while large cap dividend stocks seem better than bonds ???
It doesn't seem like there is a lot of alternatives in today's environment other than large cap dividend stocks.
Note also that government is looking at using Chained CPI and revising the way they calculate GDP (not to mention unemployment being diminished by increasing the disability rolls), and all of these changes to how the economic parametric's are calculated will improve the numbers without anything fundamentally changing.
Stock Market Triple Fantasy [View article]
I think Your approach to the current environment is best.
It "appears" that QE-Infinity will be supported indefinitely by ZIRP-Infinity (ZIRP Forever), and the Bernanke Fed will NEVER let excesses work through the system without massive amounts of stimulus. It also seems doubtful that the Bernanke Fed will change policy between now and January 2014, when his term ends as Chairman.
Some articles have suggested that Janet Yellen may possibly replace Bernanke as the next Chairman, and that the helicopter stimulus may be replaced by saturation carpet-bombing stimulus; but guess we will have to "wait and see" on that one.
Over the long term, the optimum seems to be to investment in high quality large caps that pay a dividend,some of which You mentioned above, or alternatively watch your cash become worthless.
Stocks Entering Secular Downtrend [View article]
If the Fed is lagging and behind the curve (?) - then what would You recommend the Fed do ???
Something's Gotta Give [View article]
I was wondering about the same subject as mentioned above by "change is the only constant."
Is the anecdotal rationale for the irrational exuberance in the market happening because of the Cyprus bank seizure and BOJ Abenomics; such that a lot of foreign money from Europe and Japan is now flowing into the US bond and stock market ???
Does your model note any changes of the flow of foreign funds into the US bond and stock markets ???
Selecting The Best Dividend Stocks [View article]
Selecting The Best Dividend Stocks [View article]
Why choose MO over PM ???
The S&P 500 Tops Out Here [View article]
Appreciate your response and your recommendations - I will go look at these on the internet.
Going Fractal With The S&P 500 [View article]
Is there any recommended reading on the internet or books that You would recommend for learning more about the concepts You showed above, as applied to predicting the stock market using fractals, Elliot wave, and technical analysis ???
THANK YOU !!!
The S&P 500 Tops Out Here [View article]
I would be interested in learning more about Elliot wave, Cloud charts, and technical analysis.
Are there any internet pages or books that You would recommend for reading in order to learn more about this ???
Thank You