Income Tax

Does Disaster Loom from Dollar Funded Carry Trades?

Mark Anthony,

You, or me, cannot borrow at .25%, I wish I could, but GS, MS, BOA, Citi, and traders at London, can, via banks and bonds, and many instruments.. Basically, they are robbing savers (who get 0%) and government (who take tax payers money and give it out at 0%). They want to save the housing market, the unintended consequence is that the liquidity is not going to housing, or business, but liquidate speculative asset, like Gold, Stock

I am not saying short stocks,, it might go a while. but bubble will burst for sure, when that is time you go out.. just follow the market..

Why is that for sure as PE is high, and unemployment won't get better as most unemployed are less educated, with housing, manufacturing jobs out to China, no way, employment get better. Which means less revenue for companies, though they can get better earning by cutting staff, and sell abroad..

Unemployment Above 10%

to untrusting...

I have pointed out, even technically, the Oct. 1982 starting point, is only 10% above low... We are now 60% over lows. How convenient?

Unemployment Above 10%

Author is genius. I am not sure if all fund managers pitch their idea like this. What he forgot to mention, not sure intentionally or by accident, is that, the market is only up 10% at Oct 82 from the bottom

finance.yahoo.com/q/hp?s=^GSPC&a=00&b=...

Amazing, how you can clip sth. and show different fact/opinion?

Exploring the 'Nuclear Option' for This Crisis

I think it just takes time to get over the crisis, all dramatic move will probably cause more complication. And the time cures all.

Salary Trends in China Present New Business Opportunities

I didn't know the salary is that low in China. Compared to US salary on www.salarylist.com One employee here average is about $45K, almost 7 times than in China

2009 Economic Forecasts Ignore Demographic Shift

0%! This will be my prediction for 2009 GDP growth. We will have some contraction in the first half and slowly recover later 2009. Very insightful analysis. Housing is the most critical point while war, stimulus package and other are important factors as well. When house price stops falling (hopefully in April 2009 when Spring comes), people will have more "wealth", and housing-related industry will grow as well (which I count of 30% of GDP, from raw material to electronics, furniture and infrastructure)

The Few, The Proud, The Winners in 2008

Surprised to see those winners, mostly in bio-pharma, IT sectors. Hopefully next year will be better, with new President, new policy, new confidence, we can build some new, new economy, new structure, a brighter future. Happy holidays!

More Evaporating Billions at Morgan Stanley

I would hope this is the worst quarter they have, and they will see quarterly profit growth soon. And this might be their strategy to put this quarter the worst, to leave all this behind

Goldman Starts Getting Smaller

I agree with bodysurf, they do pay very high, extremely high salary for Goldman people www.salarylist.com/all...

The Madoff Affair: Greed's Victory Over Common Sense

Very interesting article. If you look at top paying jobs, companies, cities on www.salarylist.com/ave... not surprisingly, you will see accountant, lawyers, portfolio manager, programmers, models, doctors.. However, when we think of 2008, all this mess are all connected to the financial systems, where we have all the smartest accountant, lawyers, and portfolio mangers. Is that ironic?

The Current Compulsion: Bottom Calling

When Buffet is wrong or probably is wrong this time, who can be right? But the world is not ending, just the turning point will be the most painful point. GM bankrupt?

Wall Street Breakfast: Must-Know News

Is that everyone is the same boat now? There is no better choice, so the money will be given to the car makers. And we should cross our fingers to hope the economy is improving in a couple of months. I don't know what will happen in a couple of months for them, totally no clue.

Will the Dollar Rally Survive?

I agree with most of it. Inflation is inevitable. And this deflation and inflation cycle is going to be bigger and more volatile than any historic precedence. The thing is that if the government (Treasury, FED) can smartly control it when they see the deflation cycle turns.

Timing the Cycle: Mixed Messages

If you look at all past historic official NBER, "Recession" announcement time, are usually about 3-6 months close to market bottom, not sure this time, since it is really different.

Credit Card Crunch

She doesn't like WFC most, and she might be right

According to SalaryList.com (only bank business, if you search you can find their other business)

Wells Fargo $90K
salarylist.com/all-rea...

JP Morgan $79K
salarylist.com/all-rea...

Bank of America $80K
salarylist.com/all-rea...

CtiBank $87K
salarylist.com/all-rea...