Depends on what you are rooting for. If it is the economy yes it stinks and yes you have to wait and there will come a time when you, me and everyone including the politicians will know that the economy is robust. But if it is the market and if you want to buy low and sell high, you have to get in when the economy is in the dumps, like where it is now. Of course there are risks, but the risk of getting in when the economy is good is even greater because that is when Fed would raise rates and companies will have difficulty beating expectations. Now if you are a short trader as many here are, you have to work very hard constantly feeding these blogwaves with your negativism to influence reader opinion.
Jim Welsh on the Economy: Past the Point of No Return [View article]
Seeing the list of commentors and their comments (majority) gives me a feeling it is preaching to a choir. The overall analysis while detailed, is quite incomplete and very subjective in places not backed by enough data. The take away from this article will be different for different people for the following reasons: 1. Some would consider this as stale news since most of the analysis is based on data till the end of March. We are now in May and the April data and the market movements since mid March have been different. 2. A key factor not discussed at any length is consumer and business confidence and confidence in where the country is headed. These could do wonders to jump start the economy as the last couple of months has shown. 3. The essay extrapolates future only based on past data and current debts. Doesn't take into account considerations such as innovation, new technology, improved efficiencies, new and emerging middle class export markets in the rest of the world, geo-politics and more. 4. The world markets, emerging markets in particular, have been on a tear lately. Not mentioned in this article.
This graph is too narrowly focused and doesn't give an idea how far it could fall or how significant the overall fall this week was. It is important to see this graph in a broader context of the March lows and last year highs.
Welcome to Wall Street, Barack Obama [View article]
So after the windy potpourri of wall street reports that people must have read by themselves what is the message here? Is this what it is? ---------- Risk means more things can happen than will happen. ----------
So what is Obama or anyone supposed to do with this writeup. I don't understand.
Does the VIX Need To Spike In a Climactic Low? [View article]
The term Fear Index seems very appropriate for VIX. It appears that, this time there is not the same amount of fear as the market comes down towards DOW 11,000. I sense that a majority opinion is that the various sectors are very oversold with poor earnings already baked in.; Perhaps we need a new index called 'Frustration' Index. That might be making new highs now!
The Bush Fiscal Stimulus Plan: Looks Good to Me [View article]
>- since the rich are a relatively small percentage of the population, >they will receive only a relatively small percentage of the rebates.
I have nothing against the rich but as far as stimulus is concerned, however small their percentage may be, even a dollar going to the rich is a wasted dollar.
Who's in Charge of the Markets? [View article]
Obama's Washington Post Editorial: Reading Between the Lines [View article]
Dead Cats Are Bouncing [View article]
Where the Market Goes from Here [View article]
Jim Welsh on the Economy: Past the Point of No Return [View article]
The overall analysis while detailed, is quite incomplete and very subjective in places not backed by enough data. The take away from this article will be different for different people for the following reasons:
1. Some would consider this as stale news since most of the analysis is based on data till the end of March. We are now in May and the April data and the market movements since mid March have been different.
2. A key factor not discussed at any length is consumer and business confidence and confidence in where the country is headed. These could do wonders to jump start the economy as the last couple of months has shown.
3. The essay extrapolates future only based on past data and current debts. Doesn't take into account considerations such as innovation, new technology, improved efficiencies, new and emerging middle class export markets in the rest of the world, geo-politics and more.
4. The world markets, emerging markets in particular, have been on a tear lately. Not mentioned in this article.
One Chart, Two Stories [View article]
Buy Before Earnings Season [View article]
Don't Expect Immediate Gratification from Markets [View article]
Welcome to Wall Street, Barack Obama [View article]
----------
Risk means more things can happen than will happen.
----------
So what is Obama or anyone supposed to do with this writeup. I don't understand.
Does the VIX Need To Spike In a Climactic Low? [View article]
The Bush Fiscal Stimulus Plan: Looks Good to Me [View article]
I have nothing against the rich but as far as stimulus is concerned,
however small their percentage may be, even a dollar going to the rich is a wasted dollar.
The Virtual Round Table: Four Leading Anaysts Map Out the Markets [View article]
-Raghavan