The Worst Case Scenario (Someone Has to Say It) [View article]
I think one or two of the 10 is possible, but having all 10 happening is plain nuts. I'm a bear but wow.
Anyway, here's mine.
Dow stays under 10k for the next 1 years, S&P under 1k.
Unemployment (U3) top out at 13%, U6 at 20%.
Fed raising interest rate by the end of the year to contain inflation pressure due to quantitative easing.
Foreclosure will continue to be in full force until 2011, at which time, banks will finally have a break.
Commodities having a second bull run especially the metals then tamper off after US government finally realize that quantitative easing = value/income destruction.
Anyway, short 5 ideas on my mind now. We are on 4rd inning of a 9 inning game. Debt, debt, debt, debt. We can not ignore the debt. Any bull like Cetin that post in every article will risk looking #@#$ when this fake rally comes to a halt. We as a country need to stop looking at debt as the only way out. Until then, US will risk becoming the next Roman Empire.
Which Are the Bargains In Solar Stocks? [View article]
frflyer, I agree that China and India are two pretty big potential markets but the fact remains that the cost of these solar projects remains largely out what the companies and people in these two countries are able to and willing to pay. The initial costs in addition to maintenance costs are too much for many to handle.
I know a relative in China that is pretty well off himself. He had install a complete solar system for his home 2 years ago that met all his electricity needs. The system broke down half a year ago, and he decided it wasn't worth the hassle and the money to repair it.
Don't get me wrong, I believe in the future for the solar industry and have encouraged many friends and family to look into the whole industry as a investment, but it remains to be see if China, India, Brazil, etc could become big markets for solar.
Royal Bank of Scotland: CEO Deathwatch [View article]
1% of Charter One? Your own money or fund's money?
Good article though. It's basically in the same situation that Citi is in, a lot of asset with nothing to show for it. Timing for shorts are always the hardest. I admire the people who can consistently time it correctly using their resources. Most of the shorting in the financials now are no brainers for the next year or so that we'll make money no matter which name we are in.
It doesn't matter what he is trying to do, that email will still be considered an spam in many consumers'/customers' mind. He need to do his job and not spending time spamming clients. I think no matter what happens at Citi, the brand speaks for itself, there is absolutely no need to send a useless message like that.
Sort by:
Latest comments | Highest ratedThe Worst Case Scenario (Someone Has to Say It) [View article]
Anyway, here's mine.
Dow stays under 10k for the next 1 years, S&P under 1k.
Unemployment (U3) top out at 13%, U6 at 20%.
Fed raising interest rate by the end of the year to contain inflation pressure due to quantitative easing.
Foreclosure will continue to be in full force until 2011, at which time, banks will finally have a break.
Commodities having a second bull run especially the metals then tamper off after US government finally realize that quantitative easing = value/income destruction.
Anyway, short 5 ideas on my mind now. We are on 4rd inning of a 9 inning game. Debt, debt, debt, debt. We can not ignore the debt. Any bull like Cetin that post in every article will risk looking #@#$ when this fake rally comes to a halt. We as a country need to stop looking at debt as the only way out. Until then, US will risk becoming the next Roman Empire.
Which Are the Bargains In Solar Stocks? [View article]
I know a relative in China that is pretty well off himself. He had install a complete solar system for his home 2 years ago that met all his electricity needs. The system broke down half a year ago, and he decided it wasn't worth the hassle and the money to repair it.
Don't get me wrong, I believe in the future for the solar industry and have encouraged many friends and family to look into the whole industry as a investment, but it remains to be see if China, India, Brazil, etc could become big markets for solar.
Royal Bank of Scotland: CEO Deathwatch [View article]
Good article though. It's basically in the same situation that Citi is in, a lot of asset with nothing to show for it. Timing for shorts are always the hardest. I admire the people who can consistently time it correctly using their resources. Most of the shorting in the financials now are no brainers for the next year or so that we'll make money no matter which name we are in.
Citi's Pandit Spams His Customers [View article]
It doesn't matter what he is trying to do, that email will still be considered an spam in many consumers'/customers' mind. He need to do his job and not spending time spamming clients. I think no matter what happens at Citi, the brand speaks for itself, there is absolutely no need to send a useless message like that.
Royal Bank of Scotland: CEO Deathwatch [View article]