unimpressedpragmatist

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    • Wed Mar 5th 08:55 AM | Rating: 0 0
      Commented on:
      Recessionary Fears: It's Not Just Housing Any More
      Stop the dancing and get with the program. The ultimate cause of inflation, today, is the horrendously high price of oil! Just about everything in the Consumer Price Index is predicated, directly or indirectly, on the price of oil – food, heating, transportation, manufacturing, construction, and others. If oil should, magically, drop to below $90, inflation would stabilize and begin to inch downward. If it fell to below $80, the economic engine of the nation would begin to heat up, and, any lower, it would roar!

      The greed of speculators along with the compliance of politicians in government is keeping the price of oil at an all time high. As long as these two groups continue to profit, inflation will continue to rise with oil and the economy will continue to slow and falter. Very simple and easy to grasp. The man on the street knows this, why don’t you analysts get your heads out of your nether regions and compute reality? Or, are you part of the problem?
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    • Fri Feb 22nd 14:05 PM | Rating: 0 0
      Commented on:
      GMO: Stocks Will Lag Historical Average for Next 7 Years
      BS! If these people were so perceptive, why aren't they in control of society and possessors of all the world's wealth? Like all their compatriots in the bullcrap marketplace, they are full of it! However, if they can con enough poor clueless souls, they can make a very comfortable living while destroying the wealth of these stupes.
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    • Thu Feb 21st 15:34 PM | Rating: 0 0
      Commented on:
      Housing Market Tracker - Reverse Mortgages Up, KKR Down
      Headline: Mortgage Applications Up.
      Story: Mortgage Application Volume Plummets.

      What? Are you paying attention? This sloppiness is unacceptable and inexcusable. Sober up before you put finger to keyboard!
      View article »
    • Mon Feb 4th 17:27 PM | Rating: 0 0
      Commented on:
      Herb Greenberg Calls Out Larry Kudlow
      Great article and comments! I stopped watching Kudlow a little over a year ago. It is nice to realize, once more, I made the right decision.
      View article »
    • Thu Dec 27th 13:25 PM | Rating: 0 0
      Commented on:
      Predicting a Recession: Apocalypse When?
      I learned a very long time ago the basic adage that governs the universe of finance and politics: “Figures don't lie but liars sure can figure." The second lesson was: “Analysis always lags reality.” So while I am amused and, sometimes, amazed by the ability of analysts to study economic and market trends down to the nano level, I act on the current and constantly changing direction of the market and the economy to make decisions on investments and life style. I find this little piece of wisdom has, over the years, enriched my portfolio and prevented ulcers. I recommend it to all who would prosper and survive in this world of uncertainty and change.
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    • Thu Dec 27th 13:23 PM | Rating: 0 0
      Commented on:
      Predicting a Recession: Apocalypse When?
      I learned a very long time ago the basic adage that governs the universe of finance and politics: “Figures don't lie but liars sure can figure." The second lesson was: “Analysis always lags reality.” So while I am amused and, sometimes, amazed by the ability of analysts to study economic and market trends down to the nano level, I act on the current and constantly changing direction of the market and the economy to make decisions on investments and life style. I find this little piece of wisdom has, over the years, enriched my portfolio and prevented ulcers. I recommend it to all who would prosper and survive in this world of uncertainty and change.
      View article »
    • Thu Dec 13th 13:21 PM | Rating: 0 0
      Commented on:
      Futures Strong in Pre-Markets
      Why does Wall Street continue to worship at the feet of Alan Greenspan? Have they forgotten that he, single-handedly, caused 7 recessions? As to T. Boone Pickens and his forecast of $100 oil, please ask yourself, quo bono? Also, wishful thinking?

      While we are on the subject of forecasting and trends, how many times have futures been up before the market opening, only to see a big down day?

      Wake up, gentlemen, no one can predict the direction of the market by reading bones, entrails, tea leaves, or futures trading. Better to consult the very, very rich and powerful who have and use the ability to manipulate the market for their benefit. Why do you think they are so rich and powerful? Ask your buddy, Jim Cramer, about them if you are unaware. He’s an expert on this subject.
      View article »
    • Wed Dec 12th 13:14 PM | Rating: 0 0
      Commented on:
      A U.S. Recession May Create a Soft Landing for China
      As usual, media pundits display their ignorance on the subjects of global power politics and international economics. Seeking Alpha should exercise more oversight on its selection of writers and their subject matter. Verbosity of the pen is no guarantee of true knowledge.

      Media pundits make their living by disseminating rumors and predictions of impending disaster. Such is the case with this article. The United States is in a temporary state of economic unrest similar to a slightly upset stomach. There is too much strength in the economy in allow a slip into recession.

      China, on the other hand, possesses a very thin veneer of economic well being based upon the strength and continued successes of the U.S. economy. A reversal of our economy demonstrated in recession would bring China’s crashing down around its feet.

      The Chinese may be amateurs and johnnies-come-lately in capitalism but they are not stupid. Any moves on their part to destabilize the economy of the United States would result in a complete collapse of their economy. So, they make a lot of noise and issue threats but will do nothing to kill the golden goose, or in this case, the golden eagle.
      View article »
    • Wed Dec 12th 12:37 PM | Rating: 0 0
      Commented on:
      Investors Focused on Size of Fed Rate Cut, Outlook
      Once more, the thieves of Wall Street, their analysts, the economic community, media pundits, and assorted “experts” display their complete and total lack of knowledge and understanding of the world of investors, government dweebs, and market forces. Anyone with, at least, a modicum of understanding of the market would have realized that yesterday’s plunge was momentary and the result of manipulation. Today’s high-powered rise in the market was, also, predictable. The only people who were confused and lost money were the same ones who, constantly, get caught with their pants lowered to half-mast.

      Here is a little primer for all you lamebrains who, foolishly, believe that the market is an honest business. The stock market is at the mercy of very, very big money people who can, at their whim and for their personal profit, manipulate it on a moments notice. Those of us who understand that make money. Those that don’t, become sub-prime borrowers. If you believe this is a rant by a know-nothing, consult Jim Cramer on the subject of market manipulation. He is a real expert on the subject.

      For members of the media, keep writing your useless and ignorant treatises for the confusion of the ignorant. You and the weatherman have something in common: you are always wrong but many believe in your prattle so you can continue to draw salaries under false pretenses.
      View article »
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