Treasuries and the U.S. Dollar: Twin Bubbles [View article]
We are in a deflationary, debt destruction period for at least the next 12-18 months. Bonds are your best investment, not stocks. The only bond short is the 30 year, if any at all. Inflation will happen, but not for 2 years.
Copperbaron: You must be talking your own book. Yes, we can have a bear market rally followed by another downdraft in stocks. Eanings are not fully discounted and analysts are still too high on 2009 forecasts. We are still in a deflationary environment for the next six months. Once the fed's money has an impact, inflationary forces will start to impact the economy. Investment grade bonds and high yields are excellent investments now.
15 More Thoughts on the Current Crisis [View article]
David Martin has it right. Articles are now appearing that consumers will go back to their old driving habits now that the price of gasoline has declined. Look for exploding oil prices late next year as production declines in Venezuela and mexico accelerate. More oil wars ahead unless we invest in alternatives. Best stock ideas are energy stocks.
CDS: The Less You Know, the Worse They Look [View article]
Well put, jadziaman! It is more than just the "risk management" problems that companies ignored. They were gaming the system with substitute capital. Caveat Emptor.
Cramer's Lightning Round - Who Needs Citi? (10/28/08) [View article]
Jim says Bank of America is ok, even thought they hold the second largest derivatives book in the world. Right behind JPM. As Buffett said, "the ticking time bomb!".
Peter, it sounds good but, like John McCain, you don't say where to cut. The average American, Democrat or Republican, is not looking for the government to cut social security, medicare or medicaid. We can't easily cut interest on the national debt and can only slowly cut defense spending on economically draining wars that play right into extremists hands.. Since 70%+ of the federal budget is tied up in entitlements, veterans benefits, etc. what limited discretionary spending are you suggesting we cut? Earmarks are rounding errors. If citizens want all this, then they have to pay for it. Living on credit to get the next new car, new high def TV, iphone, etc. won't cut it. LCACM has it right. Yes, there is a great deal of wasteful government spending and more efficiency is desperately needed. We need a leader who can talk down consumer expectations over time, repay our national debt and "try" and reform government agencies and spending.
People Still Have To Spend: Eleven Dividends for Even Conservative Investors [View article]
MLP's should hold up well. I don't see activity in shipments of gas and oil declining to a point where pricing deteriorates. Most firms have multi year contracts. They need access to capital to expand but can hold the line for the near future in a weak economy. Long: EPD, TPP, KMP, LINE, BBEP, NGLS.
Friday Options Update: MSFT, HBC, DWA, AGN, XLF, C, MS and VIX [View article]
I don't see bankruptcy ahead for Citi, although they will limp along until 2010. Remember, the government is your partner at the preferred level. I agree, they need to cut their overhead more. Note: Long C.
The Party Is Over: The Crisis We Borrowed & Spent Our Way Into [View article]
Decoupling is a myth. The U.S. dollar is the only currency people want in a financial crisis. Maybe inflation will follow in two years, but now we are seeing massive debt destruction. This is necesary to get the excesses out of the system.We also need to raise taxes to pay down our massive debt load. The worst part of all this is Osama bin Laden is laughing at us. He said he couldn't defeat us militarily, but could do so financially. He sucked us into an endless land war in the middle east and is causing us to go broke! Also, our main banker is a communist country (China)! Throw the bums out in November and live within your means.
Good article. Nothing like steady cash flow in a sea of uncertainty. Note: Long, EPD, TPP, LINE, NGLS,KMP, BBEP, ERF, PVX, PWE. Bought more this week due to fire sale prices as hedge funds dump to raise cash for rdemptions. Even if market stays down for two years or more, cash flows keep coming!
Treasuries and the U.S. Dollar: Twin Bubbles [View article]
Cramer's Lightning Round - JPMorgan: Best Bank in the World (11/4/08) [View article]
Bond Expert: Friday Outlook [View article]
15 More Thoughts on the Current Crisis [View article]
CDS: The Less You Know, the Worse They Look [View article]
Cramer's Lightning Round - Who Needs Citi? (10/28/08) [View article]
Upping the Stimulus Dosage [View article]
People Still Have To Spend: Eleven Dividends for Even Conservative Investors [View article]
Friday Options Update: MSFT, HBC, DWA, AGN, XLF, C, MS and VIX [View article]
Muni Bonds: Constructive in Current Portfolio Asset Allocation [View article]
Diageo: Best of Sin Stock Breed Offers a Spirited Market Position [View article]
Linn Energy: Walk the Line [View article]
The Dividend Express: Canadian Pacific and Canadian National Railways [View article]
The Party Is Over: The Crisis We Borrowed & Spent Our Way Into [View article]
Midstream MLPs Crashing, Present Opportunity [View article]