Besides this writer high fiving what appears to be just himself, I did not come away with anything of value in his ramblings that a beginning econ 101 course hasn't illustated-
He portends to be ahead of the curve, but anyone that reads something besides what uncle sam puts out, knows full well inflation has been rising at a minimum of the CPI for the last 5 years, as mentioned by an earlier post referencing oil and gold-
I would like writer to provide something of substance-i.e., where's housing next year? oil prices?, gold?, S&P?
Get these right then I'll think you're more than just a blowhard-
Probably the most idiotic predictions for 08 I have come across yet- only TWO makes sense commodities will be volatile and rates will be cut Housing will continue death spiral down, international will continue to outperform (not europe-writer is correct-Europe and England are close to witnessing their real estate bath also on average)- Financials will be cut in half over next 2 years and go back down and only represent 10% of S&P vs. 21% today-more write-offs ahead-
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Latest | Highest ratedPPI-CPI: I'm Even More Bearish Now [View article]
He portends to be ahead of the curve, but anyone that reads something besides what uncle sam puts out, knows full well inflation has been rising at a minimum of the CPI for the last 5 years, as mentioned by an earlier post referencing oil and gold-
I would like writer to provide something of substance-i.e., where's housing next year? oil prices?, gold?, S&P?
Get these right then I'll think you're more than just a blowhard-
8 Predictions for 2008 [View article]
only TWO makes sense commodities will be volatile and rates will be cut
Housing will continue death spiral down, international will continue to outperform (not europe-writer is correct-Europe and England are close to witnessing their real estate bath also on average)-
Financials will be cut in half over next 2 years and go back down and only represent 10% of S&P vs. 21% today-more write-offs ahead-