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GaltMachine

GaltMachine
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  • Gundlach: Bull market for Treasurys to continue [View news story]
    leopardtrader,

    If you are going to make a statement "Gundlach's views here is no contrarian by the way" please provide the proof.

    The consensus for the 10 yr this year as per the Barron's article is:

    In a new interview with Barron's, Gundlach is once again going contrarian and saying rates could go lower than we seen in a very long time:

    "Where the median economic forecast tabulated by Bloomberg for the 10-year U.S. Treasury Bond yield for year-end 2015 currently stands at 3.24%, Gundlach thinks the 10-year that finished 2014 at 2.17% could potentially take out its modern-era low of 1.38% yield hit in 2012."

    Read more: http://read.bi/1w4MKaK

    The forecast for the 10 year to rise has been made every year since ZIRP started. This was the forecast from last year at this time:
    http://on.wsj.com/1w4MLeO

    "Interest Rates (10-Year U.S. Treasury yield)

    Projection for closing yield in December 2014: 3.52%
    Final close: 2.17%

    This one is a real doozy for one of the world’s most important interest rates. Every economist in the survey in January was far off the mark in expectations for interest rates in 2014."

    Then just look at the position of traders, short interest, etc,. I don't know anyone recommending treasuries at this price.

    Seems crazy and it is definitely contrarian.
    Jan 4, 2015. 11:52 AM | 1 Like Like |Link to Comment
  • Q3 GDP highest in 11 years [View news story]
    bbro,

    The deflator used was 1.4% approx - that seems really low. No inflation, strong growth, hmmm.

    http://1.usa.gov/vgZr0y

    Does the FED really have to think about tightening at this point?

    What stage of the business cycle do you think we are in?

    Thanks!
    Dec 23, 2014. 10:06 AM | Likes Like |Link to Comment
  • Q3 GDP highest in 11 years [View news story]
    You have been so good with this stuff the last few years so you should be commended on your analysis - I know you get beat up a lot :)

    Can you explain what happened with durables?

    The numbers seem at odds with this type of growth - seems confusing.

    Thanks!
    Dec 23, 2014. 09:37 AM | 3 Likes Like |Link to Comment
  • Tesla Motors tests the water below $200 [View news story]
    That's hilarious I quote the "Science" and you quote your made up numbers and we are supposed to believe you.

    ;)
    Dec 17, 2014. 09:43 AM | 1 Like Like |Link to Comment
  • Production numbers the talk on Tesla Motors [View news story]
    Dec 15, 4:05 PM EST
    http://apne.ws/1vWyj7q

    Proceedings of the National Academy of Sciences of the United States of America
    Study: Your all-electric car may not be so green
    By SETH BORENSTEIN
    AP Science Writer
    WASHINGTON (AP) -- People who own all-electric cars where coal generates the power may think they are helping the environment. But a new study finds their vehicles actually make the air dirtier, worsening global warming.
    Ethanol isn't so green, either.
    "It's kind of hard to beat gasoline" for public and environmental health, said study co-author Julian Marshall, an engineering professor at the University of Minnesota. "A lot of the technologies that we think of as being clean ... are not better than gasoline."


    Journal: http://www.pnas.org


    ;)
    Dec 17, 2014. 08:54 AM | 4 Likes Like |Link to Comment
  • Tesla Motors tests the water below $200 [View news story]
    Dec 15, 4:05 PM EST
    http://apne.ws/1vWyj7q\

    Study: Your all-electric car may not be so green
    By SETH BORENSTEIN
    AP Science Writer
    WASHINGTON (AP) -- People who own all-electric cars where coal generates the power may think they are helping the environment. But a new study finds their vehicles actually make the air dirtier, worsening global warming.
    Ethanol isn't so green, either.
    "It's kind of hard to beat gasoline" for public and environmental health, said study co-author Julian Marshall, an engineering professor at the University of Minnesota. "A lot of the technologies that we think of as being clean ... are not better than gasoline."

    Journal: http://www.pnas.org

    ;)
    Dec 16, 2014. 02:45 PM | 2 Likes Like |Link to Comment
  • The November Jobs Report May Have Been Too Good To Be True [View article]
    Eventus stultorum magister est
    In English: The outcome is the teacher of fools.
    http://bit.ly/13qJNue
    Dec 15, 2014. 11:44 AM | Likes Like |Link to Comment
  • Caterpillar worldwide dealer sales sink 10% in three-month rolling period [View news story]
    Weird that the stock is not getting killed by this relentless downward revenue trajectory. What am I missing here?

    Thanks!
    Oct 22, 2014. 01:08 PM | Likes Like |Link to Comment
  • Weighing The Week Ahead: Is The Stock Market Correction Over? [View article]
    Strike,

    You could have taken the contrarian position on bonds this year and bought TLT (the 20+yr bond ETF) and returned at this point just over 16% YTD.

    That's not too bad.
    Oct 19, 2014. 11:10 AM | 3 Likes Like |Link to Comment
  • Obama appoints Ebola czar [View news story]
    You really think this guy is the most qualified person for handling something of this incredible seriousness in the entire universe of available applicants?

    I don't.

    I bet there are at least 10,000 people that are more qualified than a politically oriented lawyer to handle what could ultimately become the most dangerous national security risk of our lifetime.

    Of course we as citizens have to speak up when the government has revealed itself to beyond incompetent and verging on dangerous.

    But I am glad it doesn't bother you.
    Oct 17, 2014. 01:52 PM | 27 Likes Like |Link to Comment
  • Obama appoints Ebola czar [View news story]
    This would be hilarious if it weren't so tragic :(
    Oct 17, 2014. 01:45 PM | 17 Likes Like |Link to Comment
  • Commission-slashing real estate site launches [View news story]
    I am an investor in this company so of course I want it to succeed. We are very agent friendly we just want to focus on the needs of the consumer and help them to keep more of their profits - after all, they earned it!

    http://www.levelre.com
    Sep 27, 2014. 10:19 AM | Likes Like |Link to Comment
  • Tesla Motors has 500M reasons to build the Gigafactory in California [View news story]
    marsh,

    I read the Consumer Reports article and it mentioned they couldn't get into the car when the recessed door handles wouldn't function so that's where the comment comes from.

    Aesthetically it's really cool just never thought of the drawbacks until it was pointed out.

    I guess it is off topic but I thought it was interesting.
    Aug 12, 2014. 11:10 AM | Likes Like |Link to Comment
  • Tesla Motors has 500M reasons to build the Gigafactory in California [View news story]
    It's interesting that the car door design of recessed handles is so visually cool but it sure is a pain in the behind if you can't actually open the door.

    This is one of those unintended consequences of balancing technology and usability.

    Sometimes having the old-fashioned, back-up like a keyhole for a key isn't altogether a bad thing :)
    Aug 12, 2014. 09:51 AM | Likes Like |Link to Comment
  • Book Review: Fortune Tellers: The Story Of America's First Economic Forecasters [View article]
    Very interesting. People don't understand the fact that brokers are inherently conflicted when they trade from their own accounts and have no fiduciary requirement to the person they are speaking with. They can recommend a product for purchase that they are selling from their own accounts!
    Jul 18, 2014. 11:17 AM | Likes Like |Link to Comment
COMMENTS STATS
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