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  • Housing Recovery Steps Off A Cliff  [View article]
    The REO-to-rental schemes do not depend solely on organic demand, but are buffered by government programs like section 8 housing, and of course certain direct and indirect financing. The bulk purchasers take inventory off the market and so support new housing numbrs by removing competing supply. The REO to rental goes: Sell bulk REO, rent to entitlement program participant (government funding), sell through government financed subsidy program. No risk to the initial buyers (hedge fund types) provided the government follow-through remains intact.
    Apr 24, 2014. 07:33 AM | 3 Likes Like |Link to Comment
  • Intel's Dividend Disappointment: Don't Panic  [View article]
    I like Intel for the dividend: 3.6% is not too shabby. Plus they have a recent history of raising the dividend for the last two quarters of the year, in mid year. Anyway I'll panic when they CUT the dividend.
    Jan 23, 2014. 01:49 PM | 1 Like Like |Link to Comment
  • Another Purchase In My Portfolio: Lockheed Martin  [View article]
    Hi Dividend Guy: Well I'm confused as GS down here is Goldman Sachs, and Gluskin Sheff isn't shown to pay a dividend.
    Jan 22, 2014. 08:22 AM | Likes Like |Link to Comment
  • Interventionism And The Decay Of The Market Order  [View article]
    You are kind in calling our brand of fascism "lite."
    Jan 5, 2014. 09:59 AM | 4 Likes Like |Link to Comment
  • Apple Screwed Up Big Time  [View article]
    I love Apple, but for Christmas the kids wanted the Kindle Fire.

    They like the display and operation, and the Amazon infrastructure is supportive of their families' use profile for a tablet. Plus they all joined Amazon prime for $79 bucks for the free streaming and kid friendly software freebies. They have the Ipads from a couple of years ago and on this upgrade traded over, not up.

    I am an Apple investor and believer, but the author is right on this point. Apple needs to better this competitor.
    Jan 1, 2014. 07:13 AM | 2 Likes Like |Link to Comment
  • Ellison Fiddles While Oracle Burns  [View article]
    I Hurd that Ellison is a lousy judge of management talent.
    Sep 19, 2013. 10:57 AM | 1 Like Like |Link to Comment
  • Obama's Dangerously Heroic View Of The Fed  [View article]
    Even Rand Paul would have upped liquidity to save the system, but probably would know the difference between stabilizing the system and entrenching a criminal elite.
    Aug 13, 2013. 10:43 AM | 4 Likes Like |Link to Comment
  • Against Government-Subsidized 30-Year Mortgages  [View article]
    100% agree with getting the government out, reducing leverage, and re-setting the accepted mortgage at a move conservative level. Taxes too, while we're at it. 1% per year would be a good ceiling. The problem is that housing is a cash cow for banks, business, and the government. All these need an ever-increasing market in size and price....the homeowner isn't even in the top three of housing beneficiaries.
    Aug 13, 2013. 07:01 AM | Likes Like |Link to Comment
  • Understanding The Schizophrenic Fed's Risk-On/Risk-Off Messages  [View article]
    When stock market "crashes" inject uncertainty, don't bonds usually go up in price, down in yield, in a flight to safety? In fact, hasn't the Fed been accused of arranging some primary dealer stand-downs in stock buying on auction days?
    Jun 29, 2013. 02:31 PM | Likes Like |Link to Comment
  • Why Raising The Retirement Age Is A Bad Idea  [View article]
    Do you remember Khrushchev, with Nixon? (paraphrasing) "Russian women have more equality than American women....our women work." And the great derision in the US regarding the notion that educated women should work? Why, If they did, that would take up all the jobs! Women were exhorted not to steal a job from the true breadwinners (men).

    Artificially creating fewer workers might not be the most productive solution
    Jun 26, 2013. 08:27 AM | 3 Likes Like |Link to Comment
  • The Efficient Market Has Spoken: This Is A Mistake  [View article]
    This cannot be stopped to soon, and should never have been undertaken. Corrupt and dysfunctional markets should have been allowed to clear with support for well-designed programs, not those perpetuating a broken system.
    Jun 24, 2013. 11:05 AM | 6 Likes Like |Link to Comment
  • The Fed's Real QE Mistake: Timing  [View article]
    It would really help if you have a chart or side scale that plots the S&P against these benchmarks, vs the rate of change. I can't seem to make the intuitive leap from a negative .80 change, to a 45% drop in the S&P.
    Jun 24, 2013. 08:16 AM | 1 Like Like |Link to Comment
  • Bernanke press conference: In a change to the Fed's exit policy (if it ever happens), the chairman says a majority on the FOMC expects the Fed will not sell MBS, and will instead let the paper mature or get paid off. He reiterates that the unemployment rate falling to 6.5% will not automatically trigger a rate hike. The Fed could begin tapering asset purchases later this year if its economic forecasts are correct.  [View news story]
    What I heard: We are gonna start exiting. Henceforth, the economic data will be presented in a way that supports it.
    Jun 19, 2013. 02:49 PM | 2 Likes Like |Link to Comment
  • The World Investors And The Fed Live In Now  [View article]
    "expected for the first quarter of 2013 would have them."

    Should that be 2014?
    Jun 17, 2013. 10:29 AM | Likes Like |Link to Comment
  • Are We Getting Tremendous Or Titanic Market Signals?  [View article]
    Anyone interested in the precise Hindenburg Omen signals and the correlating percentages should check here: http://bit.ly/198a9yi

    Major Crash - 27% probability
    Selling panic of at least 10-15% - 39% probability
    Sharp decline of at least 8-10% - 54% probability
    Meaningful decline of at least 5-8% - 77% probability
    Mild decline of at least 2-5% - 92% probability
    The HO signal is an outright miss - 7.7% probability (one out of 13 times)
    Jun 14, 2013. 09:22 AM | 6 Likes Like |Link to Comment