10 Winning Stock Themes in an Obama Administration [View article]
Talk about a waste of time. We already have both Houses of Congress in Dimocrat's hands based on the promises they made in the prior election. Hmmm, has anybody noticed any improvement in our lives? Has it been a kinder/gentler Congress as promised by Ms Pelosi/Mr Reid? I warn you now--You will not like the results if we have all of Congress and Presidency controlled by one party. The offices of Pres and Congress NEED contention(checks and balances). We may see that not happen in 2009. We may end up with one party rule= DISASTER!! (irregardless of which party).
Import Prices and Retail Sales: Two More Clues About the Future [View article]
Unfortunately the characters involved in the sub-prime fiasco are not the ones to be hurt by the medicine provided. Most of the banks and mtge brokers will be bailed out with easy money. The ones most hurt are the retirees or near-retirees who will see lower CD/money market interest and reductions in their 401Ks and IRAs as well as their brokerage accounts. Is this not the case when the savings banks fouled up in the early 1990's? Retirees have higher inflation to contend with as well. Once over the hump Banks will mark up their loan portfolios and it will be business as usual. Is it any wonder Americans do not save more?? Rick
Markets Look Set Up for an Ugly Fall [View article]
I have been thinking and saying this for some time. The psychology of the markets needs change. Daily feedings of negative news in the markets begets negative results. Rick
What Happens When Globalization Goes Bad? [View article]
Antaganism against illegal immigrants is a security issue for most folk. No other country has allowed illegals(no-docs) easy access. It does not take a genius to figure out there are people wanting more US citizens dead than alive.
10 Winning Stock Themes in an Obama Administration [View article]
Import Prices and Retail Sales: Two More Clues About the Future [View article]
The ones most hurt are the retirees or near-retirees who will see lower CD/money market interest and reductions in their 401Ks and IRAs as well as their brokerage accounts. Is this not the case when the savings banks fouled up in the early 1990's? Retirees have higher inflation to contend with as well. Once over the hump Banks will mark up their loan portfolios and it will be business as usual. Is it any wonder Americans do not save more?? Rick
Markets Look Set Up for an Ugly Fall [View article]
What Happens When Globalization Goes Bad? [View article]