Kanganomics

Calling a Turn in Blackstone Group

The assets that the company owns are to a large degree unpriced and very difficult to value? Stock price has been cut in half since IPO?

I have serious doubts that this is stock offers anything other than highly risky speculation, especially seeing as the market has not been a fan. I assume you bought in at the IPO, are you adding to your position at half price?

Market Outlook: Watch Out, the Signs Can Be Deceiving

I am in agreement Michael. Right now I am mainly in cash, and will be ready to invest in high quality equities only when we have the full story of the mess that is currently unwinding. I expect some more jitters on the way down as people try to pick bottom. Unlike a lot of the other bears I am shying away from commodities - despite the potential upside I think a weakening US economy could just as easily reduce demand and encourage speculators to unload.