icandoitdon

Cheapest Valuations in Decades Will Trump Panic Selling

got that, everybody?

Is the Global Economy Drowning in a Sea of Black Gold?

beans......

i've been investing since you were a gleam in your daddy's eye and i've heard and seen it all including the idiotic notion that "this time it's different." gold bugs thought gold was going to the moon in the 1980s until it crashed and flatlined for about 20 years. same with silver. same with tech stocks in the 90s. same with real estate for about the last 20 years. and yes, the same with oil, which boomed in the 70s into the 80s before crashing hard.

there are only 3 constants in the markets...fear, greed and amatuers who buy into the notion that "this time it's different."

Is the Global Economy Drowning in a Sea of Black Gold?

i have read with amusement the idiotic view put forth by many that speculation has nothing to do with the price of oil...it's all world supply and demand and the next stop in this insatiable thirst would be $200/bbl. there are many reasons for this price run and underlying world demand is about 4th down on the list.

as for the "era of cheap energy" being over, i think i'd wait to see the effects of the next world wide recession before making such a stark judgment. i wouldn't bet the house on it.

ECB Move: An Opportunity To Trim International Exposure

"The ECB is straying from its past alliance with the Fed, it appears."

no...i'd say the u.s. is straying from its mandate of price stability. cheap and plentiful credit went a long way toward creating the mess we're in and the fed wants to use more of the same to dig it's way out. this is a failed strategy in the opinion of many, including former federal reserve officials. it might well fail anyway but it will surely fail without the cooperation of other central banks lest the weak dollar go into free-fall.....somethin... we cannot afford to see happen at this juncture.

we expect others to help clean up the mess of our own making and in return we give them what? veiled threats like "you're with us or against us" over a dysfunctional iraq policy from the get-go and the branding of france and germany, crucial allies in the "war on terror" whatever their view of the iraq war might be, as "old europe," as if they're no longer relevant.

you can sugar coat it all you wish, but the u.s. has been its own worst enemy for the last 8 years. once we start making better policy decisions we might garner the respect our leaders think we deserve.

ECB Move: An Opportunity To Trim International Exposure

orca has it exactly right.

the author is typical of american whining that everyone conspires against the u.s.

the is utterly blind to the economically destructive impacts of its foreign policy as set by the congress and executive branch, and its economic policy as set by the treasury and the federal reserve.

spinless is the right word for our government and our federal reserve.