johnbee

Surprise, Surprise, Surprise: Positive Economic News Everywhere

My reading of Seeking Alpha has been that the great majority of opinion has been bearish until recently and is still in the majority.
Yet I now see a lot of bragging by those who say they got the March bottom right. Pity they didn't publish their views then. The only person who outstandingly and continually and daily called the market rise was somone called Cetin, and he was widely abused for months by pretty much everyone. Where is he now?
Its clear the market went against all the rules and was manipulated by the Fed and banker pals under duress. Have they re-established confidence? Bank results are meaningless. Its industry where we need see upside regardless of unemployment and the state of inventories will show the way to commodity prices.
Can the $ hold firm. Will interest rates rise or fall. Back to the Fed and what they can achieve. Only the big hitters know which way its going and those who are not and say they do are a waste of time.

'Preventing Systemic Collapse': Bernanke's Ace-in-the-Hole

Bernanke is like a General in charge of a great war or a Grand Master of Chess. He must choose who and what he need sacrifice for the overall good and not be interrupted by the little people pawns in the game. Obama is right to let him get on with it and should resist calls by bankers friends to hinder. It is obvious that infaltion will be the main problem at some point but we need get over the deflation threat first.

Un-American Government Intervention

Politicians make the law. they can do what they like until you vote them out and put in the next lot; but isn't that just whats been done?!

Fed Running Out of Credit-Worthy Consumers

Your FT article just says tax all private investors. So who is going to take the risk to invest in new enterprises for people to work in? The Governments of the US and the UK who have encouraged greedy bankers to defraud the financial markets by giving credit to the unworthy for the last ten years? Politicians can't run Governments-let alone business.


On Apr 16 11:38 AM Chris Cook wrote:

> It's the end of a cycle, and this time we've simply gone too far
> for a temporary fix.
>
> www.ft.com/cms/s/0/2b0...
>
>
> It was a US political economist - Henry George - who put his finger
> on the solution over 100 years ago, but he and his ideas were airbrushed
> from history by neoClassical Economics - bought and paid for by the
> privileged.