cristian

Thursday Outlook: Commodities, Global Markets

Liquidity bubble my foot, or rather liquidity bubble for whom ?! The consumer does not seem to suffer the vertigo of any such bubble. Consumer spending is seemingly gripped by a liquidity squeeze. And here lyes the problem that could perpetuate indefinitely the misery of this economy.
Just a reminder, the bulk of the active economy is still consumer driven.

Paul Krugman + Al Gore = The Way Forward

It is not about caps, it is about finding an efficient alternative to fossil fuels. Capitalism will likely embrace something efficient, thus profitable. The trouble is that Gore is full of hot air, not solutions. The natural consequence of this rabid environmentalism, which is a hodge podge cocktail of snake oil, based on a repressed Malthusian and neoludite ideology is a a contraction of humanity. Not something that is acceptable to most. There is little chance of this seeing the light of day with Obama, simply because it is hogwash. Every time you turn on the light, it is reality check. It works. But I guess in some minds there is perpetual darkness.

Wednesday Outlook: Commodities, Emerging Markets

What rally ? Every day now since the bailout commitment, markets start the day by bouncing up, and a feeding frenzy follows ! Investors taking profits !