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DL1947

DL1947
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  • 2011 Outlook: Economy Should Do Better Than Market Expects [View article]
    the author paints the rosiest of the 2011 scenarios that has a 3% chance of coming through ; the worldwide debt problem is not going away , it is getting bigger , the baloon is approaching the pin .......
    Dec 29, 2010. 09:12 AM | 8 Likes Like |Link to Comment
  • The Consensus Says 'Up!' [View article]
    What did the consensus say in December 2007 and 2008 .......
    Dec 17, 2010. 09:27 PM | 3 Likes Like |Link to Comment
  • Sheila Bair on the Next Financial Crisis [View article]
    For once that someone in the Administration does not go along with the Let The Good times Roll attitude and is honest enough to acknowledge the real problems America is facing we should be applauding not try and denigrate them .

    Had there been someone with Sheila Baird's character heading the Fed in the last ten years we might have had a different 2008-09-10 episode .
    Nov 29, 2010. 07:24 AM | 13 Likes Like |Link to Comment
  • New Wall of Worry or Just Brief Profit-Taking? [View article]
    regarding new jobs read comments from John Mauldin in Lowering the Bar where he explains how the BLS created 100 000 jobs out of thin air
    Nov 15, 2010. 05:10 AM | 1 Like Like |Link to Comment
  • Dave's Top 10 Reasons Why QE2 Won't Help the Economy [View article]
    I think you're right Dave
    Nov 5, 2010. 06:57 PM | Likes Like |Link to Comment
  • How the Economy Will Swing the Election... in 2012 [View article]
    The IHS 2012 forecast appears to be on the rosy side given the disappearance of stimulus and a taxing environment that is at best no worse than the current tax environment .

    That rosy view does not seem to take into consideration any external shock that is likely to come from Japan , Europe or even China where one seems to presume that in all these places things can only improve with time , which I find quite unlikely if these regions have to live with a lower US $ for the next 2 years .
    Nov 3, 2010. 08:36 AM | Likes Like |Link to Comment
  • QE2: Another Bank Bailout - Not a Main Street Recovery Plan [View article]
    You hit it right on the nail Cullen , it's all about the banks and do they ever need it with the foreclosure mess .

    A side effect is triggering a currency war , but Americans love wars or so it seems , thet have missed very few in the past 100 years ; and after that we get a tariff war , so much fun for the same price .
    Nov 1, 2010. 06:39 PM | Likes Like |Link to Comment
  • U.S. Economy: Be Careful What You Wish For [View article]
    Nice article John.

    Real reform wont come out of Washington where both major parties are at most 100 or 200 billions away from each other on budget and deficit matters , and that is at election time ; after the election the differences diminish .

    Nothing will change much in the next 2 years and in 2012 chances are there is a new president but chances are that on taxing and spending he wont be more different from Obama than Obama was different from Bush , unless America strikes it lucky and the GOP successfully runs with Chris Christie , he's more than 200 billions away from either party on budget and deficit matters ; good luck America , you need this guy .

    I am a canadian , come to think of it , we could use him too .

    My gut feeling is that the GDP number gets finally revised down to 1% .

    On QE2 , the Fed will go ahead , and fire the first meaningful shot in a full blown currency war that may escalate into a tariff war . Japan , Europe and most emerging economies just cant afford a further 10% depreciation of the US dollar . 2011 will prove interesting for this and other reasons .

    The Fed believes and rightly so that the big banks are still in trouble and wishes to further aid them to repair their balance sheet , it also knows that QE2 wont fire up the economy that much but politically the Fed cant come out and state its true reasoning behind more QE .
    Oct 31, 2010. 07:27 AM | 8 Likes Like |Link to Comment
  • Three Things I Think I Think: About Bears and Bulls and QE [View article]
    Good article , November should prove interesting . Just a thought after the markets have been up on the historical down months of S and O they might well be down on the historical up months of N and D . As far as QE2 is concerned it was buy on rumor and should be sell on little or no news .
    Oct 29, 2010. 04:59 AM | 2 Likes Like |Link to Comment
  • Why QE2 Is Both Unnecessary and Foolish: Part II [View article]
    I usually find you quite of the mark , but this time you are right on and it is only fair that this should be recognized ; except for the FED and the large banks is anyone out there in favor of QE2 ?
    Oct 27, 2010. 07:17 AM | 14 Likes Like |Link to Comment
  • Cost-Push Margin Compression Begins [View article]
    Right on Karl ....again and again and .....
    Oct 26, 2010. 08:30 PM | 4 Likes Like |Link to Comment
  • On Debt Deflation and Austerity [View article]
    At the risk of repeating myself : QE is strictly about recapitalizing the big US banks , and with forced repurchase of bundled MBS and mounting foreclosuregate losses they are really going to need it ; look for the US administration to coerce Fanny and Freddy to '' play nice '' with those lovable big banks . The US taxpayers get shafted yet again .
    Even if we get more positive economic figures in the next 2 weeks , QE is coming in big time proving in a way that it is not at all about kick-starting the economy .
    The US says it is against starting a currency war ( which has already started ) and it will fire the first meaningful shot in that war by printing one trillion plus dollars which will sink the dollar . So much for the nice statements that will come at the end of the G20 meeting in a few days .
    Oct 21, 2010. 07:30 AM | 3 Likes Like |Link to Comment
  • Britain's Spending Cuts: Bad Timing [View article]
    I could not agree more with user 353732 , if the UK and US both continue on the path they each have chosen then 5 years from now the hands down winner will be the UK .
    Oct 21, 2010. 07:12 AM | 12 Likes Like |Link to Comment
  • More Quantitative Easing = Backdoor Bailouts for the Big Banks [View article]
    Exactly what I think
    Oct 19, 2010. 06:42 PM | Likes Like |Link to Comment
  • QE: Just Another Wasteful Government Program [View article]
    Bernanke understands very well , he is no dummy , that's what I find so scary
    Oct 13, 2010. 12:11 AM | Likes Like |Link to Comment
COMMENTS STATS
110 Comments
458 Likes