Panus Skepticus

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  • Ben Bernanke Is Walter White: Welcome To The Breaking Bad Economy  [View article]
    This is about the silliest, misleading, most juvenile headline I have seen on Seeking Alpha, and there have been a bunch.

    Walter White was an amateur who got in over his head and stayed there.

    Ben Bernanke knows more about the Great Depression and its causes than all the readers of this column put together, and he did a pretty good job of keeping us upright when Wall St. was doing its best to wreck the global economy.

    I am never going to take investment advice from Keith Springer.
    Oct 29, 2013. 10:38 PM | 1 Like Like |Link to Comment
  • Is This Really A Bull Market?  [View article]
    Jeremy Grantham and Jeffrey Gundlach have some dignity.

    Bill Gross and Gary Schilling display uneven instincts, David Stockman has blood on his hands, Nouriel Roubini is a perma-bear and Peter Schiff is an exhibitionistic clown who has been wrong at the top of his lungs for years.

    Why do we listen to anybody?
    Jun 7, 2013. 10:30 AM | Likes Like |Link to Comment
  • Why Reinhart And Rogoff Aren't The Real Villains: Scoring Last Week's Internet Debate  [View article]
    Politicians spending is a good idea when it blunts a depression and turns it into a mere recession. It makes a lot of difference to people, as opposed to, say, numbers.

    And austerity has done nothing but prolong Europe's agony, as they have dip after dip after dip, with no daylight in sight.
    Apr 24, 2013. 12:12 AM | Likes Like |Link to Comment
  • Alternative High-Income ETFs  [View article]
    AMJ has structural problems and is a questionable recommendation.
    Feb 23, 2013. 08:15 AM | Likes Like |Link to Comment
  • Gold, Silver, Equities Or A Farm: Crucial Choices  [View article]
    We can agree that the middle-class has been going nowhere for decades while the uber-rich have been reaping outsize rewards. We can agree that stock market action is being largely dictated by high frequency trading and other computerized abuses.

    That being said, the rest of the article, with its amorphous conspiracies and paranoia is a crock. It is entirely too easy to blame your bad investments on "them." Grownups take responsibility for their own actions. Only the helpless and the idiotic blame the evils of the world on the Conspiracy du Jour (which is why Fox News ratings are the lowest in 12 years).

    Furthermore, being endorsed by Tyler Durden is meaningless. There are about 40 of them posting under that name, one crazier than the next. Zerohedge is to investments as Stormfront is to sociology.
    Feb 12, 2013. 12:25 PM | Likes Like |Link to Comment
  • Lockheed Martin: A Long-Term Buying Opportunity  [View article]
    IF they're worried about sequestration, you should be too.

    If the Flat Earth Caucus takes us into sequestration because they see compromise as a sin, LMT will make a great short.
    Feb 12, 2013. 10:57 AM | Likes Like |Link to Comment
  • A High-Yielding MLP? Look Closer  [View article]
    The Ogalalla Aquifer is already in trouble, and these pipeline guys do not have a wonderful safety record.

    If the drinking water supply is contaminated by shoddy contruction and/or maintenance, as seems to be the rule rather than the exception, Keystone will create a lot more problems than it solves.

    At the moment, Keystone is a big wet kiss for the Koch Brothers, and they already have too much to say about American public policy. They need no further reward.
    Feb 3, 2013. 09:21 AM | 4 Likes Like |Link to Comment
  • Have mREITs Got You Down? Here Are 5 Double-Digit-Yield Alternatives  [View article]
    "CPLP and NMM are not owned by the country" but what happens if Greece uncouples from the Euro? The drachma should descend to the Earth's core immediately. What happens to the stock price then?
    Oct 19, 2012. 11:37 PM | 1 Like Like |Link to Comment
  • Repeal Of Dodd Frank: A 'What If' Analysis  [View article]
    Dodd-Frank is what was left of a more comprehensive cleanup, after industry lobbies watered down as much as they could.

    Wall St. was happy for government help when they messed up, but a little convenient amnesia has made them resentful of reminders that they screwed up in the first place. Their alibis, like blaming a global financial catastrophe on a few black families trying to enter the middle class, have been uniformly silly, and repetition on Fox News has done nothing to add to their plausibility.

    Since Romney has learned nothing from Bush's mistakes, a Romney Presidency will also be marked by similar destructive financial chaos, and then Dodd-Frank will look a little better.
    Oct 7, 2012. 11:43 PM | 2 Likes Like |Link to Comment
  • Be Careful Following This Investment Professional's Advice  [View article]
    We have never been out of the "Age of Crony Capitalism" in our lifetimes. Be suspicious of anyone who tells you it started in 2008.

    Republican congressman Duke Cunningham went to jail in 2006. He pleaded guilty to federal charges of conspiracy to commit bribery, mail fraud, wire fraud and tax evasion.

    Before that, we had the major oil companies meeting in Dick Cheney's office to divide up the Iraq oil concessions that never materialized. We also had Bush stockpiling Tamiflu, which benefitted Don Rumsfeld's very own Gilead.

    And it goes back further and further.....
    Oct 6, 2012. 11:47 PM | 1 Like Like |Link to Comment
  • Apple's iPad Mini Announcement And How To Play It  [View article]
    No, he's right. The market always does better under Democratic presidents. Republicans only care about lowering taxes on the top tier, and often destroy markets, as under Hoover, Bush II and others.

    Since Romney promises to double down on Bush II's mistakes, we may very well get 2008 all over again.
    Oct 6, 2012. 01:18 AM | Likes Like |Link to Comment
  • Apple Is Falling: Why You Shouldn't Buy The Stock In A Hurry  [View article]
    I've probably got enough AAPL already, but based on P&F charts, I've put in a stinkbid for some more at 616.

    It probably won't be filled, but if it is, I'll be fine.
    Oct 4, 2012. 11:42 AM | Likes Like |Link to Comment
  • Apple Is Falling: Why You Shouldn't Buy The Stock In A Hurry  [View article]
    I've probably got enough AAPL enough, but based on P&F charts, I put in a stinkbid for some more at 616. It probably won't be filled, but if it does, I'll be fine.
    Oct 4, 2012. 11:41 AM | Likes Like |Link to Comment
  • Disliking The Guts Of This ETF: Sell URE  [View article]
    Don't hold back, David. Tell us how you really feel.
    Oct 4, 2012. 01:36 AM | Likes Like |Link to Comment
  • 11 Dividend Stocks That Have Given Me 20%+ Annualized Returns  [View article]
    All hail stinkbids! Put in buy orders GTC at ridiculously low entry points - they might not get filled, but if they do, you have a bargain.
    Oct 4, 2012. 12:07 AM | Likes Like |Link to Comment