4Annie

Friday Outlook: Commodities, Global Markets

If you don't appreciate Dave's work, don't waste your time reading & following. Many of us appreciate his work. I start the day looking for his most recent commentary. Keep it coming Dave!



Agree

On Mar 27 06:11 AM ozcutty wrote:

> David, i'm not convinced your commetry is particularly useful. Most
> is stating the obvious and as with most technicians you are not really
> predicting a future direction just merely commenting on past events.
>
> I'm not sure your love of agricultural commodites is going to make
> you big bucks, they've been on a downward trend for 100 years.

No Rest for the Economy's Wicked Parties

Yours is the best, most comprehensive, honest & accurate assessment of the problems I've yet seen. You are so right, unfortunately the brain-dead masses of leeches will continue to suck the life-blood from our country. We have no statesmen to lead a dutiful government & put an end to all this crap. Where's that hidden valley Ayn Rand wrote about?

Do You Believe Banks Are Recovering? (Part 2)

"Where, for instance, does the author get an unemployment figure of 13 million? I thought it was in the order of 5-6 million."

From the shadow government site. Unemployment stats. from govt. are just as bogus as CPI. Government spin to understate the enormity of the problems.

Foreign Governments Dumping U.S. Assets

The Treasury/Bernanke are monetizing the debt (expanding their balance sheet) by buying the long end of the curve to support the housing market & keep rates low. In the flight to safety-normal stock investors turning to US Treasury Bonds. How long this can continue is anyone's guess. It would seem to me to be an unsustainable long term strategy? or not.

The Shadow Banking System Will Not Die

I've had about enough "innovation" in the financial markets to last a lifetime. All the crazy products, leverage & shenagins has brought us close to collapse and cost Joe six-pack, Joe average investor, and Joe saver too much.

Can the U.S. Break the Oligarchy Cycle a Fourth Time?

We can only hope the US Supreme Court will reel in an over-zealous executive branch giving unsecured creditors a bigger interest than the bond holders, otherwise the rule of law will no longer be the norm for this country-big trouble.

Why Do Chinese Save?

In mainland China, where typically you have 3 generations of family living in high rise 500 sf flats there simply isn't the space to put things necessary to support American style consumption. Many familys yet are living in single row houses without running water or sewers (honey pots line the doorways in the alleys). Clothing is hand washed and hung on lines , outside the windows to dry-called Chinese "welcoming flags". When I was there 6 years ago many goods were sold in Friendship stores open only to foreigners. I'm sure much has changed, but then the new high rise flats for sale were astronomically high compared to average monthly salaries. Education for children & books was expensive also. Children culturally are expected to support their parents in old age.

Tuesday Outlook: Commodities, Global Markets

Dave,
So glad to hear Francie's surgery went well, hoping for full recovery. I've never seen a fox in my suburb (Cols. OH) but we've chased posums, skunks, & racoons out of the garage.

Oh No, Not Again

Every time any of these administration buffoons speak the markets tank. I'm beginning to believe it's by design & exactly what is intended. That way, they can bash & blame all shortcomings on former admin. & the "savior" has a cover when all this crap comes home to roost.

Wednesday Outlook: Commodities, Emerging Markets

"Da Boyz" refers to the PPT aka Plunge Protection Team aka President's Economic working group, rumored to step in (funded by Treasury?) to buy the market & smooth out panic selling. In other words we no longer have a free market rather a manipulated market. Love the "Mr. Wonderful" reference Dave your humor is delightful.

The Scapegoating of Leveraged ETFs Is Absurd

I love your commentary, Dave. Couldn't agree more regarding assessment of CNBC, "actually eroded my confidence..." and "actually the cause of the market mahem". Does anyone remember the bozo Dorfman? They've really outdone themselves with all the self-promoting Cramer. Imagine how much money he's lost for people following his conflicting and dead wrong "advice". Remember "Nirvana" with Enya in the background "bottom" just before the market fell off the cliff? Occasionally, I will tune in just to see what idiocy he's spouting as a contrary indicator.

The Reluctant Bull: My Portfolio

When you say retirement portfolio, are your investments held inside or outside an IRA? I've wanted to buy MLP's for the reasons you point out, but have hesitated as I understand there can be a problem (K-1') reporting the dividend that can invalidate the tax free status of IRA's.

What Happens After Banks Repay TARP Loans?

Now how is the Plunge Protection Team going to finance & continue the "rally"?

Dollar's Purchasing Power Annihilated - The Chart They Don't Want You to See

"Well lets see: The value of the dollar will probably take a beating, BUT who in the labor force in going to agree with personal pay cuts etc.?"
Many people, lately, in order to have any amount of income after job loss or cutbacks, have been forced to sell their time & talent for much less than they are accustomed. The auto unions in the bankruptcy advoidance have had to make concessions. Globalization has forever changed the salary structure in America permanently & many of the lost jobs will never return. The money & means of production (wealth creation) continues to move offshore. They can print $$ all they wish, it does nothing but depreciate existing $$. What a mess.

Thursday Outlook: Commodities, Global Markets

Dave,
I join others in sadness in hearing the news, wishing Francie a speedy recovery & well wishes for your family. Your posts are greatly appreciated & hoping for good news for you & yours.