cynic69

Why It's Time to Be Invested in the New Recession

This optimisim is total nonsense. The world has run out of cheap oil and because of that it will never be the same again. The price of oil is headed to $180/barrel. The physical structure of our civilization was built on $30 oil. There are hundreds of milliions of people that will not be able to heat their homes next winter. Currently there are 600,000,000 gasoline powered vehicles on the road. The great majority of these vehicles are now useless. Tell me again how the ecomony is going to blossum and stock prices are going to sky rocket.

Was Last Week the Bottom?

Aidis
I think there is an 8000 pound demon in the room that you didn't mention. Consumer spending represents at least 70% of the GDP and consumers are going to pull in their horns because they will be spending so much of their pay checks at the pump that they won't have any money left for Victorias Secrets, sushi and flat screen TVs. I think the stock brokers on CNBC who are calling the bottom everyday are long the market and they are scared to death.
Gale Whitaker

Ben Stein and Bear Stearns: Getting It Wrong

Ben used to appear on "Bulls and Bears" (a waste of time). The only thing at all entertaining about the show was listening to Ben. No matter what the subject of conversation Ben would say "investors shouldn't mess around with individual stocks, just buy ETFs". Ben is a terrible actor but at least when he is acting he is not spewing out garbage finanicial advice to the public which might take him seriously.

Four Reasons to Believe in the "Bear Stearns Bottom"

Wait a minute Jordan. No matter how smart your model is someone had to dream up some earnings to input to the thing. Are they past earnings? Those are ancient history. Are they forward looking earnings? Those are someones wishful thinking. I suggest that with the price of oil higher than its ever been in history future earnings are a mystery. Knowing how much the bulls want this market to recover I think maybe the future earnings you used for your model were a sckosh on the high side.

The End of the Bear Market?

Alan
You belong on CNBC. It seems like no one has figured out that the real estate bubble is a very small part of our problems. Consumer spending constitutes 75% of our GDP. With the price of oil over $110 Americans are not going to be able to shop for victoria's secrets, cheese doodles and escalades. When folks finally realize what a mess we are in this stock market is going fall another 30%. James Howard Kunstler says there are NO alternatives to cheap light sweet crude. We are living in a world that depends on $40 oil but the price of oil is headed to $120. The price of everything in our civilation is effected by the price of oil. Americans better get used to eating beans and rice.
Gale Whitaker