d.t.

How big is the coming CRE crash? "Huge," says Wilbur Ross, who recommends "extreme caution" before putting money in. "All of the components of real estate value are going in the wrong direction simultaneously. Occupancy rates are going down. Rent rates are going down and the capitalization rate - the return that investors are demanding to buy a property - are going up."

There's an article in the Canadian newspaper (G&M) today regarding the current state of CRE, and, the things are said to have improved so much that there's hardly any attractively priced properties left out there. In Canada, anyway, but even in the States matters seem to be improving..Whom to believe, that's the question - as usual..

In an interview today, outspoken and highly-followed analyst David Rosenberg explains why it's foolish to chase this rally.

Be on high alert, by all means, but not because some analyst tells you so. Use your own head..

Black Swan author Nassim Taleb says today's crisis is "vastly worse" than the 1930s, because global economies have become uncontrollably intertwined. The NYU professor of risk engineering says gold, copper, and other assets "that China will like" are the best investment bets.

If everything is so bad how can anyone expect commodities to go up in price and therefore be good investment bets? Doooom!!! 8))

Mosaic Co. (MOS): FQ3 EPS of $0.18 misses by $0.06. Revenue of $1.38B (-35.9%) vs. $1.89B. Sees FQ4 stronger than Q3, but weaker than recent past. Also notes potash customers continue to be cautious. Shares +1.1% AH. (PR)

Well, it's selling off now (as of 17:05pm), and so is POT.

G20 Must Address the 'White Blue Eyed Bankers' Issue

Putin's eyes are very blue indeed...8)))


On Mar 29 12:59 PM svosavvy wrote:

> whisper
>
> That was the leader of Brazil not just any old banker. I don't know,
> what color are Putin's eyes? Want a screwed up afternoon, try watching
> Lula's interview then watch Ferguson's world at war followed by the
> ascent of money.

Potash: Looking for Lower Prices

Now, that Uralkali blinked, POT will probably have no choice but to accept lower prices from the Chinese - for at least 2009. Maybe, as much as 25% lower. At this possible new price the stock is way too expensive.

Hey, Congress, Guess What? WaMu's Toast

"Why was it taken over? There was no run on deposits"
As a matter of fact, there was and has been - something to the tune of 17 billion bucks over the last 10 days..

Don't Believe the Lies: Ride the Bank Stocks Bull

The Washington Mutual's business model is permanently damaged as it was based on a subprime lending. Now the party is over, and they'll probably never return to the same level of profitablilty they had had before this whole credit BS exploded. Pedling their stock now as a buying opportunity is dumb, unless you have some hidden agenda..

Despite Drop, RIMM's Valuation Still Too High

Well, call the author a moron and what not, if you like, but how about calling Warren Buffett or Benjamin Graham an idiot?
Value investing will beat the crap out of any "hot" stocks in the long run.
Of course, a few speculators will make out like bandits but the rest of so called "investors" (read "greedy ignorants") will be left holding the bag..
And they'll have no one to blame but themselves..

UBS Analyst: Survey Shows 3G iPhone Poses Little Threat to BlackBerry

Just my 2 pennies' worth. I have a Russian background and kinda follow the news from back home.
From what I'm sensing the general sentiment in Russia is that an IPhone is only suitable for dumb blonds, and no selfrespecting male will be caught dead with it.8)
So, do I believe that an IPhone will catch on internationally, like, on a grand scale? Nah..