logicalthought

Is It Time for Capital Preservation Mode?

>>When I saw indoor ski resorts and saw that they were building man made islands, I thought that these were crazy things, as I always thought that Las Vegas was a crazy place to invest.<<

The funny thing is, at least Las Vegas has the attraction of GAMBLING... What does Dubai have? I kind of suspect that anyone who could afford to stay at one of those "seven-star" hotels and likes to ski could probably afford a side trip to, say, Killington.

Consumer Credit Decline Continues

>>The stock market, of course, could care less<<...

...until it *does*... Markets are funny that way.

Can a Stock Market Meltdown Happen from Here?

Where is the support (except from "gold bug websites") for calling this guy Heiko Seibel "a leading German stock market strategist"? I did some Googling, and apparently he works for a very small German brokerage shop called "CM Equity".

And, by the way, I'm not even saying that the guy's price target for the S&P is necessarily wrong-- I happen to think that there's a very good chance we'll get there simply based on continual quarters of earnings disappointments. All I'm saying is that you need to take ANYTHING published by a "gold bug" with a grain of salt (and I'm not even saying that the gold bugs will necessarily be wrong, but they NEVER think they could be wrong).

Credit Card Crunch: Creating a New Generation of Subprime

Credit card borrowers can't pay? Hey, no problem-- the U.S. government can guarantee THOSE receivables, too... I mean, it's only money!