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  • Bank Stock Prices And Higher Interest Rates: Lessons From History  [View article]
    good article but I would ask that you calculate what bank stock performance is when banks are recovering from crisis induced low valuations while sitting on high levels of reserves in a rising rate environment. I recall Sife trust, a small bank sector mutual fund that performed amazingly well during the period after the S&L crisis in the late 80's early 90's. (Sife trust is no long available as it was purchased by Wells Fargo in 2001. It was located in Walnut Creek CA.
    Jun 18, 2015. 10:27 AM | 1 Like Like |Link to Comment
  • Our Bank Of America - Probed For Front Running  [View article]
    Don, In your article you mention that BAC has missed revenue estimates but then you cite huge revenue gains made by the bank and lament that these have not been used to restore the divvy. You also fail to mention that the bank chose to buy back stock below book instead of increase the dividend. I happen to think this is a smart move and will benefit shareholders in the long run more than a current cash dividend hike would. The bank is managing its resources as best it can in a tough environment and this needs to be brought out so that poor dumb investors like myself can see all sides of the debate. Go Seahawks!
    Jan 31, 2014. 12:10 PM | 3 Likes Like |Link to Comment
  • How Congress Could Fix Its Budget Woes, Permanently  [View article]
    From someone in Washington State, my response to your analogy about the gubment building power plants is "WPPSS" or as we liked to call it after it failed and cost 8 billion "whoops"! Study this example and it will show why your idea will not work.
    Feb 14, 2013. 05:07 PM | 2 Likes Like |Link to Comment
  • Fundamentals Do Not Support The Stock Market Rally  [View article]
    Good article but I agree with intact that the bear meter is pegging. The metrics that I see tell me the markets are undervalued and could go higher. Compare S&P 500 price levels with earnings and you will see that prices have to rise 20% or so just to get even with earnings. Banks are trading at crazy cheap levels. Also the markets tend to "look out" 6 - 9 months and if that is the case then our economy should be better than it is right now.
    Aug 9, 2012. 11:46 AM | Likes Like |Link to Comment