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Transcripts
- American Vanguard Corporation Q3 2008 Earnings Call Transcript
- Oplink Communications, Inc. F1Q09 (Qtr End 09/30/08) Earnings Call Transcript
- Albany Molecular Research, Inc. Q3 2008 Earnings Call Transcript
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- Avanex Corporation F1Q09 (Qtr End 09/30/08) Earnings Call Transcript
- Alnylam Pharmaceuticals, Inc. Q3 2008 Earnings Call Transcript
- eHealth, Inc. Q3 2008 Earnings Call Transcript
- MIPS Technologies, Inc. F1Q09 (Qtr End 09/30/08) Earnings Call Transcript
- Alexza Pharmaceuticals, Inc. Q3 2008 Earnings Call Transcript
- Alkermes, Inc. F2Q09 (Qtr End 09/30/08) Earnings Call Transcript
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31 Comments
Housing: No Bottom Yet in Sight
Is the Structural Bear Market Nearing Its End?
There is only buying power when there is a bull mkt. There is only a bull mkt when there is confidence.
Is the Structural Bear Market Nearing Its End?
Risk Management in Trending Markets
The Dead Cat Returns to Earth
Historic Financial Collapse Underway?
Things You Would Never Have Said Eight Days Ago
Time To Start Buying Some Dogs?
High Likelihood of a Market Crash
The (Non) Crash of 2008
1) How bad is inflation in the US? No-one knows, look at Vietnam, a darling market last year, now with 25% inflation, India, also a darling market with 11% inflation, China, 10%. Even so called developed markets like Hong Kong/Singapore with highest inflation rates faced in over a decade. But I hear you say,"this is not going to happen in the US". hahahaha, the fact is that the US has outsourced so much of its production and manufacturing base to these countries (guess where you're Nike sneakers are made?? Vietnam? Doh!!) means that prices are now joined at the hip. The weak US dollar has made this even more so.(moneynews.newsmax.com/.../). In fact inflation is now spreading to Europe. Look at the UK and Germany. Just watch comments from the ECB, whose priority is price stability. Stop looking at headline or core inflation numbers! They don't mean anything anymore, their definition has been changed so much over the last 20 years, you can't compare CPI now to 20 years ago. Look at what is happening on the street level.
2) How far will interest rates rise? 6%, 10%, 20%? Now that heli- Ben has hinted that his printing money days are over (i.e. no more rate cuts). How far will he raise rates? My guess is probably not much. Why? Because he is too scared and wants to avoid tipping the US economy into a depression, (hey, how ironic would it be from a man who wrote "Essay from the Great Depression). His inaction in dealing with tightening monetary policy in the face of inflation, will fuel hyperinflation. It is only when there is new boss in the White House, will heli-Ben be fired and replaced by a new (hawk) Fed Chairman who will raise rates to Volcker levels to kill off inflation. Then its all over.
Oh and we haven't talked about crashing real estate prices or the consumer yet.
Investor Sentiment and Market Returns: Now's the Time to Be Bold
I don't think those guys are around anymore.
Fed's Actions: Less Than Meets the Eye
Fed's Actions: Less Than Meets the Eye
Market Not Buying Forward P/E Estimates
If the bulls are relying on this to support the market, then I will enjoy eating bull meat served bloody rare.
A Winning Trade is a Tough Trade