Global Markets in Review: Share Prices Too Far Ahead of Economic Reality [View article]
Do the statistics show an increased ton miles shipped? I doubt it.
On Nov 22 10:50 AM LKofEnglish wrote:
> Just came from Wyoming. Did a tour of the world's largest sulphate > mine. Interesting stuff. Struck by how many "sugar factories" are > being built in that state, too. Ethanol in Wyoming is $1.89. Cheap > as Iowa. Barely grow a cob of corn in Wyoming, tho. Be interesting > how many of you paper chasers can imagine how Wyoming produces so > much sugar. Of course who cares about hard assets anymore, right? > Let alone what Karl Marx called "the means of production." As Clemenceau > of France said during World War II, "war is too important for the > generals." It would appear in America today "the economy is too important > for Wall Street bankers." Transports at a record high. I expect a > tremendous uptick in inflation in the very near term--perhaps in > the next few weeks. The trucking traffic in the American midwest > right now is just amazing. Like watching salmon running upstream > to their spawning grounds. Looks like that highway bill got passed > just in time.
Valuations Alone Don't End Bear Markets [View article]
Caveat M. Tor Most folks hindsight is far from 20-20 and as we have been so often told past performance does not guarentee the future, or something to that effect'. If you want to look at the past examine what happened to green companies during the last energy crisis. As soon as the gov't stopped supporting them they went out of business and folks who purchased such things as solar heat were stuck with expensive projects that didn't work. This included municipal buildings and schools in our area. With the lack of trust in todays world it is hard to yet believe that stock prices are about to rise sharply and sustain themselves. i guess there will be many head fakes before this mess gets straightened out. Mind you I am not saying that you are wrong. Your opinion is at least as valid as mine, I just feel less sure about these things than you do. Thanks, Bob
Global Markets in Review: Share Prices Too Far Ahead of Economic Reality [View article]
On Nov 22 10:50 AM LKofEnglish wrote:
> Just came from Wyoming. Did a tour of the world's largest sulphate
> mine. Interesting stuff. Struck by how many "sugar factories" are
> being built in that state, too. Ethanol in Wyoming is $1.89. Cheap
> as Iowa. Barely grow a cob of corn in Wyoming, tho. Be interesting
> how many of you paper chasers can imagine how Wyoming produces so
> much sugar. Of course who cares about hard assets anymore, right?
> Let alone what Karl Marx called "the means of production." As Clemenceau
> of France said during World War II, "war is too important for the
> generals." It would appear in America today "the economy is too important
> for Wall Street bankers." Transports at a record high. I expect a
> tremendous uptick in inflation in the very near term--perhaps in
> the next few weeks. The trucking traffic in the American midwest
> right now is just amazing. Like watching salmon running upstream
> to their spawning grounds. Looks like that highway bill got passed
> just in time.
Country Default Risk Continues Its Rise [View article]
Valuations Alone Don't End Bear Markets [View article]
If you want to look at the past examine what happened to green companies during the last energy crisis. As soon as the gov't stopped supporting them they went out of business and folks who purchased such things as solar heat were stuck with expensive projects that didn't work. This included municipal buildings and schools in our area.
With the lack of trust in todays world it is hard to yet believe that stock prices are about to rise sharply and sustain themselves. i guess there will be many head fakes before this mess gets straightened out.
Mind you I am not saying that you are wrong. Your opinion is at least as valid as mine, I just feel less sure about these things than you do. Thanks, Bob