The 'W' Shaped Recovery: How to Position Your Portfolio [View article]
This is as good of a guess or opinion as many others I suppose, but this comments was revealing, " This “improvement” in macroeconomic data was championed by stock market bulls as an early sign of an economic bottom because after all, an object in motion typically decelerates before it can actually reverse."
The tendency of individuals to apply physics to a psychology driven quantity like the market has been shown to be a major source of errors in logic, causing people to lose a lot of money, please choose the spots where you suspend reality and start making up new "laws" to validate your position.
The tip to invest in highly leveraged gold after the largely irrational run up of the last few years is an interesting bit of advice also. Can anyone explain why people are buying gold other than John Paulson has increase his gold holdings?
Wall Street Breakfast: Must-Know News [View article]
AIG should have been left to fail with Lehman's, McCain talks about Obama spreading the wealth while the policies that he supports provides Wall Street with our cash.
Add to that the Wall Street statement that the chance of no bonuses is "slim to none" makes this the biggest robbery in the history of our country.
If Wall Street wants to give bonuses, then give us our money back, Greenberg should be in jail and the American people's money should get the same deal as Warren Buffet, super preferred interest paying stock.
Buffet will be on Obama's team and that is the best reason to vote for him.
Wall Street Breakfast: Must-Know News [View article]
Splitting up SM and FM into private units to sell to the private markets assumes that there will be somebody to serve the tax payers best interest during the process. There has been a real shortage of concern for the tax payers during this debacle. Having Paulson, one of the true robber barons of our time heading the deal could be a reason. Having a group of entitled Ivy types telling us what they need to do to save us from what they were responsible for in the first place could be another problem.
The 'W' Shaped Recovery: How to Position Your Portfolio [View article]
This “improvement” in macroeconomic data was championed by stock market bulls as an early sign of an economic bottom because after all, an object in motion typically decelerates before it can actually reverse."
The tendency of individuals to apply physics to a psychology driven quantity like the market has been shown to be a major source of errors in logic, causing people to lose a lot of money, please choose the spots where you suspend reality and start making up new "laws" to validate your position.
The tip to invest in highly leveraged gold after the largely irrational run up of the last few years is an interesting bit of advice also. Can anyone explain why people are buying gold other than John Paulson has increase his gold holdings?
Wall Street Breakfast: Must-Know News [View article]
Add to that the Wall Street statement that the chance of no bonuses is "slim to none" makes this the biggest robbery in the history of our country.
If Wall Street wants to give bonuses, then give us our money back, Greenberg should be in jail and the American people's money should get the same deal as Warren Buffet, super preferred interest paying stock.
Buffet will be on Obama's team and that is the best reason to vote for him.
Wall Street Breakfast: Must-Know News [View article]