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  • Exactly Where We Are In This Cycle [View article]
    How can you say REAL RETURN when Mark-to-Market, Accurate GAAP reporting and EFFECTIVE SEC monitoring are not in use anywhere?

    Go back to your tax coupons and stop wasting our time!
    Sep 9, 2014. 07:40 PM | Likes Like |Link to Comment
  • Is Anyone Really Surprised By The Fed's Hawkish Tone? [View article]
    I admire thinking Skeptics, no matter what country they are from.

    The Fed has been withdrawing the puchbowl for 7 months. Tuesday Aug 26 may very well be the last over $2 billion POMO day, ever.
    September will be about $15 billion, November will be ZERO!
    http://bit.ly/fcOJWJ

    Yellen's speech was moved from Wed to Fri, I think . . . If true, why would GoodNews be delayed until the market is about to close?

    Perhaps, in some future missive, you could discuss the true market value of the bonds in the fed's 'portfolio'? What would a true Mark-to-Market analysis show?
    Aug 21, 2014. 04:45 PM | Likes Like |Link to Comment
  • The Greek Handicaps The Week Ahead [View article]
    The media are all pumping HOPIUM into the air!
    At least Mr Convoluted has the courage to describe the uncertainty he sees.

    You optomists should tell readers why Yellen has moved her comments session from wednesday to friday?
    Yeah, sure! Good news is always held back, close to the Friday close.
    Aug 19, 2014. 03:42 PM | Likes Like |Link to Comment
  • Stock Corrections: How Bad Can They Be And What Can We Do? [View article]
    I didn't see anything about the 2007_2009 down draft.
    Are you suggesting we look away?

    Please explain how the current debt problems of today are NOT related to the last crash to S&P 670.
    Aug 1, 2014. 10:13 PM | Likes Like |Link to Comment
  • This Will End In Tears, But When? (Part 1) [View article]
    Two comments occur to me:
    1- Jesse Livermore, Markets can remain illogical far longer than speculators can remain SOLVENT;
    2- not sure who, DON'T FIGHT THE FED.
    If zerohedge is correct about 189 billion in reverse repos, who cares if QE is being tapered? http://bit.ly/1rVsPKz
    whutta-worrld
    Jul 1, 2014. 09:01 PM | Likes Like |Link to Comment
  • Should You Sell In May? [View article]
    Each market drop, during the fed's QA orgy, sellers were cautioned 'DONT' FIGHT THE FED'.
    Halfway through tapering there is silence?

    Hmmm.
    Apr 29, 2014. 10:15 AM | Likes Like |Link to Comment
  • 3 Characteristics Of ETFs Near 52-Week Highs [View article]
    People who blame the weather are ignoring the Elephant in the room! DEMOGRAPHICS
    A certain age group of Consumers on 3 continents has stopped buying 'stuff'.
    People beyond age 50 don't buy bigger houses or new cars or whatever other stuff is available. Why else would malls be empty?
    It's good that the FED is tapering! Do you remember the 1981 S&L crisis? One of this president's predecessors had a Justice Department that prosecuted and jailed bank presidents for criminal fraud.

    The effectiveness of monetary policy was last discredited in the 1970s. The persistent attempts to revive growth with easy money led to stagflation.
    Who remembers the 1970's? It was a time of Stagflation.
    The "Bob Hope" generation entered their 'spend less-save more' life stage. OUR Parents!
    It should be clear that the baby-boom is now in the same life-stage.

    Not one Politician will admit they are helpless to restart Economic Growth!
    They will wait this thing out, just like before.
    Even if it takes 11 to 15 years!
    Mar 19, 2014. 11:06 AM | 2 Likes Like |Link to Comment
  • Hope And Change Is Not A 2014 Investment Strategy [View article]
    You're ignoring the Elephant in the room! DEMOGRAPHICS
    A certain age group of Consumers on 3 continents has stopped buying 'stuff'.
    People beyond age 50 don't buy bigger houses or new cars or whatever other stuff is available. Why are malls empty?

    I agree that Obama failed by allowing the bank bailouts. Do you remember the 1981 S&L crisis? One of this president's predecessors had a Justice Department that prosecuted and jailed bank presidents for criminal fraud.
    The effectiveness of monetary policy was last discredited in the 1970s. The persistent attempts to revive growth with easy money led to stagflation.
    Who remembers the 1970's? It was a time of Stagflation.
    The 'Bob Hope" generation entered their 'spend less-save more' life stage. OUR Parents!
    It should be clear that the baby-boom is now in the same life-stage.

    Not one Politician will admit they are helpless to restart Economic Growth!
    They will wait this thing out, just like before.
    Even if it takes 11 to 15 years!
    Mar 18, 2014. 02:34 PM | Likes Like |Link to Comment
  • 5 Reasons Your Simple Bear Market Plans Could Backfire [View article]
    Your first 2 charts lost my attention.

    Charts without scales are worse than worthless, they cause an unknown number of readers to assume an incorrect mental position!
    The only thing worse is a logarithmic scale.

    I prefer to think for myself. My focus is on the continuing up and down waves of this moronic, manipulated market. The trend, etc?
    Energy and Banks have been real good since the 2009 bottom.
    Lots of them are flattening out, so my %K spreadsheet has thrown some interesting buy signals in ERY and FAZ.

    We shall see . . .
    Mar 16, 2014. 03:17 PM | 1 Like Like |Link to Comment
  • We're In The 'Whateva' Zone [View article]
    It's good to hear someone that agrees

    - Zero interest rates and quantitative easing will fail simply because the consumer doesn't trust the economic environment, and no one can be forced into borrowing and consuming against their will.

    with Harry Dent.

    - The effectiveness of monetary policy was last discredited in the 1970s. The persistent attempts to revive growth with easy money led to stagflation.
    Do you remembers the 1970's?
    It was a time of Stagflation.
    The 'Bob Hope" generation entered their 'spend less-save more' life stage. OUR Parents!
    It should be clear that the baby-boom, OURSELVES, is now in the same life-stage.
    Not one Politician will admit they are helpless to restart Economic Growth.
    They will wait this thing out, just like before.
    Even if it takes 11 to 15 years!
    Mar 3, 2014. 07:48 PM | 1 Like Like |Link to Comment
  • The Winter Of Our Discontent [View article]
    Remember the S&L crisis of 1980?
    Violators of financial laws went to jail, even bank presidents!

    Why not now? Easy, Congress opened the Floodgates to Fraud with the Community Reinvestment Act. Don't forget the cancellation of Glass/Stegall and the elimination of Mark-to-Market rules!

    Your Ponderous Prose dances around the Problem and its Perpetrators.
    Read this and tell me I'm wrong.
    http://to.pbs.org/1gLGnCb

    "The Fed was at the center of an extraordinary bargain that was struck between merging megabanks, such as the Bank of America, and activist groups, such as the Association of Community Organizations for Reform Now (yes, that ACORN). That bargain produced several outcomes: the growth of megabanks that were too big to fail, the undermining of lending standards for home mortgages, and the creation of vehicles by which banks and America’s housing government service enterprises (GSEs) (Fannie Mae and Freddie Mac) were able to back those risky loans with paper thin levels of capital."
    Mar 2, 2014. 05:23 PM | 3 Likes Like |Link to Comment
  • Daily State Of The Markets: Fun With Numbers - The New GDP Formula [View article]
    Glad you agree, David.
    When will you and your peers start calling for a reset to Glass/Stegall and GAAP accounting?
    Aug 2, 2013. 07:37 PM | Likes Like |Link to Comment
  • Daily State Of The Markets: Fun With Numbers - The New GDP Formula [View article]
    more Mark to Fantasy valuation!
    Jul 30, 2013. 03:15 PM | Likes Like |Link to Comment
  • The Disaster Scenario For Treasury Bonds [View article]
    What's the deal with your $40 billion MBS per month? The Fed's schedule says $61 billion in July, $15.4 billion per week!

    Gross purchases from July 18 through July 24: $15,400 million
    Sales (dollar rolls) from July 18 through July 24: $0 million
    Net purchases from July 18 through July 24: $15,400 million
    Source: http://bit.ly/OW67mr

    Perhaps that's where the Taper will come from, eh?

    They're holding the $45 billion plan on the treasury side, no tapers there.
    The Desk plans to purchase approximately $45 billion in Treasury securities over the month of July.
    Source: http://bit.ly/fcOJWJ

    Sounds more like UN-tapering. 45 + 61 is 106 Billion in July. Tell me if I'm wrong. Can you tell us where the $85 billion per month came from?

    Jul 30, 2013. 09:57 AM | Likes Like |Link to Comment
  • Macro Minute [View article]
    re: the data doesn’t appear to be deteriorating

    Others have said the economy needs 200,000 jobs per month just to absorb population growth. Is this correct?

    If true we really had 546,000 jobs lost, in one month!
    this looks far worse than deterioration to me?

    Your response, please?
    Jul 22, 2013. 04:23 PM | Likes Like |Link to Comment
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