stats

U.S. Dollar: The Trade of the Decade

Mark Caffee, the biggest dumbass investment "strategist" on the planet. Seeking success in the markets? Find out what Mark Caffee recomends, and do exactely the opposite. Sure fired success will be yours.

Does Ben Bernanke deserve re-appointment? Short Answer...No!

Hey, dimwit. Got anymore thoughts about the "Gold bugs"? What happened to that multi-year run for the dollar? I hope you've got a back up career.

Enlightening the Gold Bugs

"The dollar is beginning a multi-decade run, in my opinion, and I promise I'm the only one that will say that publicly."

What a monumental boob this guys is! Take note of the fact that he hasn't published anything here in almost 9-months. After the gigantic fool he made of himself with this piece I guess he was wise enough to slink back off into obscurity.

Microsoft: Whistling in the Dark

Tangential point, but still needs to be said. I own both PC's and Mac's. I work in television and film production: need the latest, greatest, fastest processors. Mac and Microsoft OS both have advantages and disadvantages. But the idea that Mac is more stable an OS than XP or Vista is a myth. My Macs crash way more often than my PC's. OS X is pretty but it has never been particularly stable (has gotten a lot better in the last few years.)

Commodity Price Inflation Is Inflation and Is Happening Now

This is exactely what I think is happening. TARP money is keeping banks solvent, while the FED loans money to the banks at 0 per cent interest. The FED money is rushing into commodities. Speculation is where most of the bank profits came from last quarter. I suspect we are in for another commodity crash like last year. The world is awash in oil. I don't see how the prices can be sustained at current levels. There will be a serious pull back within the next 6-months. And once again there will be more banks at the Federal trough. Why don't we just shoot the bastards now and put them out of their misery?


On Jun 07 10:50 AM uphill-skater wrote:

> You're right. The Fed just does not want to harbour the notion that
> we can have commodity driven inflation without earnings increasing
> along with them.
>
> The Fed's giving the banks money at 0%, but its not really watching
> what the banks do with that money. If I was a bank, I'd say ..screw
> it!, I'm not going to make loans in a defaulting market!! I'm going
> to use this cash to jam commodities higher and make a boat load of
> cash speculating.

Expected 2nd Quarter Earnings Growth For the S&P 500 and Its Ten Sectors

Old Trader said;
"This leaves Asia, SA, and Africa as places to go hunting for investments."

I distrust the American equity markets, but my instinctual aversion to the Asian, South American and African markets is even stronger. Asia is dominated by "Communist" China. And well, South America and Africa are, well, South America and Africa. South America and Africa are smaller percentages of the world's GDP than they were 30 years ago. And UK and Eurozone are just full to the brim with the dead and dying.

I tell you what we need for future growth. Get women out of the work place and having and raising kids again, and send men back to work. 1950's world would at least give us some hope for the future. Generations of ageing and dying childless boomers doesn't bode well for the future.

Why Is Oil Creeping Back Up?

Banks and investment houses(Goldman Sachs) awash with free TARP money made their record profits last quarter by investing. What do you think they were investing in? Real estate? This is just another government sponsored bubble. It will colapse soon, and then we will have to bail out another set of failed banks.

Buffett: I Wouldn't Buy Newspapers 'At Any Price'

Oh, and the truth was easily found in your daily newspaper? Please, they had a stranglehold on information publishing, but it never guaranteed that you were getting the "truth." Let me decide on who I trust and don't trust. I'm quite happy that an individual publisher isn't dictating the type of news and information that I receive now. For the same reasons, network and local news broadcasts will soon be a thing of the past. Will not die as fast as newspapers, but are on their way.


On May 03 01:22 PM ubuy2w wrote:

> Most if not all large city dailes will stop publishing within a decade,
> The demise of the large national publishers will take a little longer,
> web based versions will try to replace them however the barriers
> to entry are almost non-existant henceforth the economic returns
> will be extremely low. Journalists are losing their jobs and turning
> to blogging as a means of making a living one of the consequences
> of this however is the interenet has turned into the National Enquirer
> . The truth can still be found however one has to wade through an
> ever increasing pile of B.S. to discover it. This website is an excellent
> example of what the future of electronic news and opinion holds some
> of it excellent but unfortunately most of it not so much.

The Green Shoots of April: Some Reasons for Market Optimism

Sigh. Thank you.


On May 02 06:00 PM old trader wrote:

> I'm thinking many of these "green shoots" fall into the "mirage"
> category. The earnings posted by the financials are mostly the result
> of accounting gimmickry and "one time" gains on various investments,
> and many of the "less bad" earnings posted by non-financials result
> from cost cutting....something else that is not "sustainable". What
> I AM certain of, is that TPTB (The Powers That Be, for stat's benefit,
> *s*) will move heaven and earth in an attempt to keep the plates
> spinning and all of the balls in the air.

The Green Shoots of April: Some Reasons for Market Optimism

Okay, new rule around here. No damn abbreviations until you have notified your reader what the hell the abbreviation means.
"The risk of being long outweigh the potential gain considering we
are in a era where the BHO Industrial Policy is picking winners and
loser and, potentially, all will be losers."

"BHO industrial Policy"? What the hell is BHO? Business Heuristic Objectives? Ah, but in the next sentence it becomes clear that it is Barrack Hussein Obama. But that is the next sentence. Reader is still wondering up until then what the hell BHO means. Did writer mention the meaning earlier in the post? So instead of continuing with the post, the hapless reader looks back over the beginning of the post. And of course nothing is there.

It is getting to the point here that more than half the post are completely unreadable.

NO MORE DAMN ABBREVIATIONS UNLESS IT IS CLEAR WHAT THE ABBREVIATION MEANS!



On May 01 11:15 AM Prudent Man CFA wrote:

> The negatives, which are continuing to increase, outweigh the positives
> regardless of what the markets do (see 2000 & 2008 after the
> recessions started). Discounting is a Wall Street myth used to peddle
> garbage to the great unwashed, lazy institutional investors. April
> is a great example of the lemming approach of the naive fearing they
> will miss a move. The smart money has to sell to someone and there
> are less smart investors than dumb ones.
>
> If, as an institutional investor, I miss a market move all I have
> is cash in a short-term deflationary environment without the many
> risks inherent in securities investments.
>
> The risk of being long outweigh the potential gain considering we
> are in a era where the BHO Industrial Policy is picking winners and
> loser and, potentially, all will be losers.
>
> What has anyone in the BHO Administration every successfully managed?

The Green Shoots of April: Some Reasons for Market Optimism

WTF did that all mean? Do you speak English as a second language?


On May 01 05:17 PM LKofScotland wrote:

> i get free lunch and free dinner. i meet with your leaders regularly
> and so do they. you speak as if people are suppose to pay for lunches
> and dinners. only poor people pay for such things. what possible
> knowledge as people such as you have can be of possible value? "no
> free lunch." NONSENSE! your job is to pay and while your leaders'
> job is even to do nothing if they wish (and if what i see from them
> relative to me they wish to do nothing A LOT and they do it VERY
> WELL.) be gone with this jibberish. my bankers come to ME just as
> yours come to YOUR leaders. i will grant you that my stress tests
> are more personal and closer to the methods of your, what do you
> call it?--your "CIA." Still--the result is precisely the same--money
> for everyone. and then? the business of living and life. now enough
> of this talk.

Bank 'Stress Tests' Expose Cracks in Citi, BofA

"Policy challenge." Gallows humor.

Is the Populist Mob Right?

That was mostly worthless. Tell me something I don't know. You "predicted" this debacle in 2007? The debacle had long since started by 2007!

Peter Schiff's Euro Pacific Capital: Down 40-70% in 2008?

"Staying in cash insures a loss of 5-15% per year because of (under-reported) inflation. That's a strategy?"

In this market, yes!

Why the Housing Stats Are Lumpy

Thanks. Great piece of information.