rber

S&P 500 Price Action

"Isn't this supposed to be the worst economic crisis in 70 years? It looks like it's over already for a total of 16 months, which makes it no worse than the 1982 recession. There appears to be stabilization & improvement across all sectors"
Cetin didn't your parents ever tell you that you shouldn't believe everything you read/hear. Its true, you really shouldn't believe everything you read/hear.

Make Up of Q1 GDP Was 'Bizarre'

It has been apparent for months now that the US Gov Media Machine (running right along side the printing presses) will stop at nothing to prop up the bloated, rotting stench that is the is the US financial system. What did Nixon say way back when. Something about breaking the law...if the president does it, breaking the law is not breaking the law. These twisted morons (the government) will lie, cheat, swindle, boondogle and commit inexhaustable fraud to meet their goals. You've gotta be impressed with their resolve if nothing else!

Bernanke: Economy Will Turn Up This Year

There is no repair of the financial system going on unless you consider the meaning of fraud and repair as one. Oh, and I was just wondering, are there actually any creditworthy borrowers out there that want to borrow?

Why the U.S. Dollar Is Vulnerable to Decline Now

The dollars descent will begin in ernest when the US stock markets begin their ascent.

The Future of Investing

Everyone can relax. This is not the end of equity investing. It wasn't after the 30's an it won't be now. Greed insures it. There are two things you can always count on in equity investing. Greed and fear. The greed/fear balance has swung to the fear side for now but eventually the balance will return to greed. You can take that one to the....bank?

Will Canada's Housing Slump Play Out Like America's?

The numbers you posted above are typical for those markets during a downturn. Calgary oil bubble is bust. Vancouvers real estate speculation mini bubble is bust and Toronto's manufacturing bubble is bust due to what's going on south of the border. Most of the other major centers are based on well diversified local economies and despite the banking industries pleas to the government to loosen rules our government turned up their nose (thank goodness for that). We will therefore not experience the national housing meltdown going on in the US.

Sickness May Be the Cure for the U.S. Economy

Oh I think they understand quite well but telling the truth and guiding the economy through a "reset" will mean a quick trip out of the whitehouse and that is what drives all this short term thinking. "you can't have it both ways" but the politicians will keep trying until there it becomes clear there is no other way out or, that the truth is forced on them by external forces.

On Feb 26 10:12 AM clam75 wrote:

> More borrowing, printing, and spending by the federal government
> will certainly not help things. Propping up zombie banks and moribund
> automakers will only forestall recovery. What we need is a willingness
> to allow our economy's deadwood to wither and die, but politicians
> simply don't understand this. They'd rather spend your money and
> mine on pet projects or spread money around their districts. Unfortunately,
> this is nothing new. It will take either (a) a miracle or (b) a complete
> economic catastrophe for the political class to understand that we
> have to let failing businesses die before our economy can once again
> advance.

Do Equities Want to Rally?

It will be unfortunate if we don't get the final downdraft/capitulation needed to flush out the old and bring in the new in the next couple of months. If this doesn't happen, stimulus cheques will be flying off the printing presses and start moving indicators up which naturally will bring a huge bear rally and drag this process out much longer as the number improvement will only be temporary. It may be a long time yet before we get where we need to go.

A Company Is Too Big to Fail? Make It Smaller

It's unfortunate that in the government's quest to prop up the stock market it is pumping billions into companies that need to shrink or be broken up to reflect the undeniable "new reality" of a shrinking economy. It is a true waste as in the end this is what has to happen and will happen despite government action.

Why Am I Buying Lennar? No Good Reason

But while Lennar's sliding down the drain pipe there's got to be at least 3 or 4 good trading opportunities for Mark.

One Scary Unemployment Chart

The US economic buildout since 2003 due to the vast sums of money released by the fed and the housing atm in parallel with the real/shadow bank driven housing bubble is crushing the retrenching american consumer. The subsequent economic fallout has exposed all the weak areas of the economy and has/will continue to claim victims. The consumer represents roughly 70% economy. There will be no recovery until they economy and the consumer rebalance.


On Feb 09 07:22 PM CJJ wrote:

> Hey author. I love all the people that say we should just do nothing
> and take the medicine of the downturn and then we'll surely race
> out of it much quicker than with any stimulus or bailouts. That IS
> BS.
>
> What do you portend the 6.7 billion people of the world do for a
> living. Should we just take a 25% unemployment rate and let demand
> drop because we deserve it?
>
> Nothing has happened to demand. The problem is the willingness to
> spend is what is suffering because people are afraid they are going
> to lose their jobs and all they hear on the news or read is dumb
> morons like you spreading the word that we all need to live within
> our means...(basically don't buy anything while I'm making more money
> than I know what to do with shorting the s out of any and every company).
>
>
> You're drinking urine flavored kool aid and spreading your disease
> to anyone who agrees with you.

Are Things As Bad as They Seem?

The US economic buildout since 2003 due to the vast sums of money released by the fed and the housing atm in parallel with the real/shadow bank driven housing bubble is crushing the retrenching american consumer. The subsequent economic fallout has exposed all the weak areas of the economy and has/will continue to claim victims. The consumer represents roughly 70% economy. There will be no recovery until they economy and the consumer rebalance.

No Time to Buy Like Now ... or Now ... or Now?

I agree with market ace. They must all go to the same school as the vast majority of mutual fund managers. They seem to all know when to buy but no one seems to know when to sell. Just another reminder to those of us who do our investing through the mutual funds. No one cares more about your money than you do so the onus is on you to sell your funds when its time. The vast majority of fund managers won't do this part of "managing" for you.

Ray Dalio: A Long and Painful Depression - Barron's Interview

My guess is they are already doing just that.


On Feb 08 09:37 PM Wide Moat wrote:

> We'll get another twenty percent rally once Geithner announces that
> the Treasury is buying stocks in the market. By June?

I Have a Bad Feeling About This Market

I've been asking myself the same question for months now. I don't know for sure what is holding markets up for, what seems like an eternity, but it for what has/is going on these index levels make absolutely no sense. I still think uncle sam has set up a huge boiler room full of laid off traders who are happily manipulating stock prices "for the good of america!" (or at least thats what they'll tell us down the road). They are manipulating every other part of the financial system so, why not stock markets!?


On Feb 06 02:31 PM fatcat wrote:

> It feels like program trading and now,short covering,ahead of the
> stimulus crap coming next week.
>
> With horrible news everywhere around the world,why would you be a
> buyer here?