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Why I'm (Cautiously) Optimistic About the Future

Can't really call them Black Swans anymore... the Black Swan event at this point would be to avoid any more debt defaults. The Black Swan thread has already been pulled... time and illusions are all that are left.


On Nov 29 01:37 PM Donald Ingram wrote:

> Remember OBD? "Off Balance (sheet) Debt? The reported $59 billion
> is just the tip of the iceberg. More will show up out of the shadows
> and dark corners in the days and weeks to come.
> This is just the first of many "Black Swan" events to come, and this
> one is small in comparison to what Greece. Italy, Spain or the Baltic
> States have in store.
> Who knows what's next? Maybe something right out of left field that
> will blind side the financial sector?
> On Nov 29 12:00 PM yellowhoard wrote:

Why I'm (Cautiously) Optimistic About the Future

Cautious optimism for Mr. Mauldin is a matter of necessity... without it, he will lose his clients. Advisors are reflections of their constituency who vote yes with their dollars, and no with their feet. Most people will ride the slope of hope down, confusing it with a wall of worry that has long since fallen over. The masses are relentless in driving the talking points of any mass media ... as a financial advisor, subconsciously you are driven to provide them what they want to hear. The world is correcting 80 years of excess... that is something to prepare for in a pragmatic, cautiously optimistic survival sense. Prepare for the worst, and hope for the best. No paid financial advisor, or one who needs you readership traffic, will tell you the uncut version of the world's financial/economic predicament. Mauldin does better than most, and I suggest that you read between the lines.

Look Who's Betting on Inflation

www.elliottwave.com/fr...

The herd is with the inflation call... look no further than market action. Don't pretend to be contrarian when the facts are otherwise. Inflation is the debtors dream... and we have a lot of debtors in this country. Do markets typically like to reward the crowd? No.