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  • Compared with Canada, U.S. Economy Looks OK [View article]
    Lavalyn has a very good point. How much is the Canadian GDP a function of the nominal rise in currency/commodities-p... its being overly adjusted - wait for next month's revisions. OR you could elect a bunch of revisionistas like we had with Clinton and Bush who can "adjust as needed."
    May 30, 2008. 07:05 PM | Likes Like |Link to Comment
  • U.S. Market Setting Up for a 2nd Half Rally [View article]
    User is absolutely right. What we're heading into is a potential rate increase in october, a strengthening dollar (death to exports, and the currency gains masked as equity appreciation on foreign stocks and US MNCs), an (appropriate) decline in oil and commodities, and I can't recall when rising interest rates helped bank earnings in the face of sucha massive housing inventory glut. Consider the bad news that is yet to come - more write offs, continued bankruptcy and foreclosure headlines that will keep cash on the sidelines, etc.

    The continued preferred play is to be short the long side of the yield curve and albeit nimbly, long the dollar.
    May 30, 2008. 09:33 AM | Likes Like |Link to Comment
  • iShares Austria: Exposure to Rapid Growth in Post-Communist Europe [View article]
    I had been in EUROX for the same reason but this ETF has much greater appeal and concentration in an area that is the epicenter of the "flat tax" experiment - New Czech, Ukraine, etc.
    Best to all.
    May 29, 2008. 01:20 PM | Likes Like |Link to Comment
  • Inflation: It Could Be Worse - A Lot Worse [View article]
    When one adjusts for all the "adjustments" made to the calculation displayed in the graph, it already is worse..much worse.
    May 29, 2008. 10:58 AM | Likes Like |Link to Comment
  • When Will American Realize the World Has Changed? [View article]
    Read Ritholtz's article today on this topic - I love this guy's "smash mouth" logic and writing style.
    May 29, 2008. 10:51 AM | 1 Like Like |Link to Comment
  • The Agriculture Bull Keeps Getting Stronger [View article]
    there continues to be apull back from highs, since wheat, etc went hyperbolic. I'm hoping for a bigger correction this summer before this bull heads back up.
    May 27, 2008. 12:41 PM | Likes Like |Link to Comment
  • When Will American Realize the World Has Changed? [View article]
    We have the resources and the labor, but not the leadership... The commentary on this article has been excellent with few points I can really disagree with but we do have certain "inconvenient truths" that can keep the US competitive (note not a superpower, that's over).
    1) stop the asinine military expansion - withdraw from NATO, and Japan - they're big boys and can defend their own interests.
    2) Energy policy - let's get one - we are the Saudi Arabia of coal and natural gas and for now, that might be the less than optimal way to go until the nuclear plants can be built for our electric cars.
    3) Econ. policy - embrace the JFK approach - low taxes, reasonable interest rates.
    4) Stop electing lawyers.

    Best to all...
    May 27, 2008. 10:17 AM | 1 Like Like |Link to Comment
  • The Dollar Holiday Blues [View article]
    Nominal GDP at 1% and nominal inflation at 6% is no way to run a country though - we need a Volcker type cure soon.
    May 27, 2008. 07:58 AM | Likes Like |Link to Comment
  • Raising Margin Requirements May Spike Oil Prices Higher [View article]
    And with regard to a political fix, let's start electing small business owners(who know the value of a buck), retired military (who know the value of a life), and farmers (who know the value of everything else) to Congress, rather than electing "know nothing" lawyers, perhaps that's a reasonable place to start.
    May 27, 2008. 07:40 AM | 1 Like Like |Link to Comment
  • Raising Margin Requirements May Spike Oil Prices Higher [View article]
    Outstanding! Your thesis regarding a short covering rally is amazingly logical. The time frame then, if I understand it correctly, would be around a political or CFTC(?) decision to raise margin. The only "low" risk play then on the oil is a strangle to catch an extreme swing down, or up.
    May 27, 2008. 07:38 AM | 1 Like Like |Link to Comment
  • Oil Companies Paid More Than Bottom 75% of Taxpayers [View article]
    Eagle - that's probably about right since 75% is somewhere around $60K in income, between exemptions, and credits, the net tax liability (ex-SS/Med) is Zero.

    BUT you're right, ultimately we are paying the taxes in the form of higher prices, which is why we shouldn't tax corporations at all, as Robert Reich states in his new book, and tax the "owners" or the shareholders at the individual level. One might also consider from a policy standpoint, a requirement that corps pay out a minimum of their net income, similar to MLPs or REITs. Good comments on this board.

    May 27, 2008. 07:29 AM | Likes Like |Link to Comment
  • Blowing the Bubble Bigger [View article]
    TTM gets my vote.
    May 24, 2008. 10:52 PM | 1 Like Like |Link to Comment
  • The White Elephant That Could Destroy Your Portfolio, Part I [View article]
    inflation relative to reality - absolutely well put. and this will indeed be the Greenspan/Bernanke/Bus... recession - I can't bring myself to say the d word yet.
    May 23, 2008. 07:52 PM | 1 Like Like |Link to Comment
  • Bank of America: Better Than Treasuries [View article]
    Between CFC, its own mortgage issues, plus its credit card delinquencies, this stock could see 18.

    Karchad - your statement regarding the DVY is a non sequitir. That's like saying a 4% cap gain distribution is safe because its a mutual fund. There is no correlation. The DVY is substantially financials, many of whom who will cut their dividend. Meanwhile you get a capital loss as the financials and other components of the DVY decline.
    May 23, 2008. 12:44 PM | Likes Like |Link to Comment
  • Global Dividend Yield Trends [View article]
    DGI - you hit ona major theme that is spot on - the dividend income stream for retirees (AARP members). That's a great trend to ride for investment advisors. If the div tax rate goes back up to , or approaches the old rates, the same as the personal tax rates, I would hope a lot of our seasoned citizens would raise a ruckus, just like the hedge fund managers did when Schumer tried to raise taxes on partnerships and carried interest. I've never seen a tax bill die so quickly.
    May 23, 2008. 09:37 AM | 1 Like Like |Link to Comment
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