If it wasn't clear until now, Paul Krugman says Thursday's payroll data settles it: We’re going to need a bigger stimulus. "What I don’t know," he writes, "is whether the administration has faced up to the inadequacy of what it has done so far." [View news story]
The sad part of all this is that the Govt. (US) doesn't have a clue on what they are doing and most of Congress looks like this is a great time to plug their favorite pork barrel projects (which has nothing to do with getting the Nation back up on its feet). And guess who pays for their projects! Look for more of the same unless they learn from China on what to do?
Defending Financial Journalists - and Bloggers [View article]
What is up with the current administration trying to strong hold anyone who say's anything remotely negative about the actions of the new administration? CNBC has been a great disappointment and example of the current administration trying to mussel their comments!
This is the place the money needed to be sent vs. all the pork in the latest Stimulus package set up for and by the Senate/Congress/and the New President! And I think it's funny that House Financial Services Chairman Barney Frank was one of the people who ignored warning of what was going to happen back in 2004 and part of the problem!
10 Standout Growth and Value Stocks [View article]
Good insight and realize these high flyers were hard hit and came down hard and fast. Now if we could see some of these pay div. then you really have my attention. Thanks for your insight...
Good Time to Buy a 'Little' Shipping [View article]
Would agree, on the falling knife but DRYS looked like it was slowing yesterday (June 12) and may work itself back up. Their was a article posted that a fund manager sold all his shares at one time. This might of triggered a sell in the stock (it didn't mention why he was selling)? I find the stock cheap with a P/E 4.6 (hard to resist putting a little in your portfolio). Would suggest you buy pieces vs. the whole pie!
On Jun 12 02:41 PM einstein p fleet wrote:
> EXM and DRYS are both getting killed along with the rest of the group. > The chart looks like they fell off a cliff in the last week. Coal, > iron ore, fertilizer, and grain are in heavy demand and demand has > not slackened. Those commodities will need to be shipped by dry bulk > ships and companies like EXM and DRYS can pass those rising oil costs > to end customers on the spot market. The only companies that can't > are ones that are booked out for several years and I would imagine, > like the airlines, they hedge their fuel costs. Still, I wouldn't > try to catch a falling knife. This group is getting trounced.
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Latest | Highest ratedIf it wasn't clear until now, Paul Krugman says Thursday's payroll data settles it: We’re going to need a bigger stimulus. "What I don’t know," he writes, "is whether the administration has faced up to the inadequacy of what it has done so far." [View news story]
Look for more of the same unless they learn from China on what to do?
Defending Financial Journalists - and Bloggers [View article]
Foreclosure Moratorium List Grows [View article]
10 Standout Growth and Value Stocks [View article]
Alesco Financial: REIT Selling For Less Than Cash On Hand [View article]
Good Time to Buy a 'Little' Shipping [View article]
On Jun 12 02:41 PM einstein p fleet wrote:
> EXM and DRYS are both getting killed along with the rest of the group.
> The chart looks like they fell off a cliff in the last week. Coal,
> iron ore, fertilizer, and grain are in heavy demand and demand has
> not slackened. Those commodities will need to be shipped by dry bulk
> ships and companies like EXM and DRYS can pass those rising oil costs
> to end customers on the spot market. The only companies that can't
> are ones that are booked out for several years and I would imagine,
> like the airlines, they hedge their fuel costs. Still, I wouldn't
> try to catch a falling knife. This group is getting trounced.