Texrat

Inflation Fears Are Overblown

I think anyone painting a rosy picture of any aspect of the US economy is living in an ivory tower. Even if we get stagflation, as one poster pointed out (probably accurately), how is that better?

The odds are that no matter how one dresses it up, the US economy will be an ugly pig for some time. And it's just gonna get uglier. If nothing else, panicky consumers losing their jobs and struggling to pay for gas will make that a self-fulfilling prophecy.

Just watch.

Mark Cuban, Is the Stock Market Still for Suckers?

How would this article have gone if 2007 had lasted a few more weeks? As one poster noted, a l,ot of gains are being erased as paranoia (and sanity) seep in.

It's easy to crow when the wind blows your way, but we all know the market is just as fickle. Had the banks and fed not propped up the housing (market of) cards last year, Cuban would be getting the last word.