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  • How Could Treasuries Possibly Go Higher? [View article]
    If no one is borrowing and no one is lending, long rates go up? Shorts have been killed on this "logic". Inflation? Not a chance.
    Feb 14 07:35 PM | 4 Likes Like |Link to Comment
  • General Electric to Restore Its Dividend Tradition [View article]
    Share buybacks are a means to prevent further dilution from issuing stock options to executives while the shareholders eat the losses. No thanks. Immelt is merely spinning the same old story under a mountain of debt. GE is basically a commercial real estate lender and owner that also made subprime loans. They made all their money through GE Capital while running ads touting their "industrial" prowess. Talk about phony advertising! Split the company and jettison GE Capital. Although the press doesn't cover it, GE is the largest recipient of government guaranteed debt that GE pays less than 1% for. Their "great" management style has produced such luminaries as Bob Nardelli (ex Home Depot, ex Chrysler) and others who only asked "How much are you paying me? I'm from GE!". This is a Board that cares less.
    Jan 27 10:38 AM | 1 Like Like |Link to Comment
  • Stocks with Fluctuating Dividends to Avoid [View article]
    PWE paying 4.5% is the same as a 30 year Treasury and works for me, even though they reduced their dividend. Over time, my yield has averaged much higher.
    Jan 27 10:28 AM | 6 Likes Like |Link to Comment
  • Yield = Poison (2010 Edition) [View article]
    Many readers assume high inflation is coming this year and bonds are a bad investment. Increases in the money supply are being recycled through the banks purchasing Treasuries and this supply is not entering the general economy. Hence, low lending by banks. Staying under ten years on corporate bonds may prove to be a wise investment in 2010.
    Jan 4 10:25 AM | 2 Likes Like |Link to Comment
  • Economic Lessons from 2009 [View article]
    Roger, great article. Utilities, healthcare and technology will be mainstays going forward.
    Dec 31 11:55 AM | 1 Like Like |Link to Comment
  • Dropping the Bomb on Healthcare [View article]
    One additional point that gets little press: Switzerland looked at all the plans in the world to develop their healthcare plan. The Swiss now treat basic healthcare like a public utility and everyone must participate. Basic healthcare is provided through private insurers, but priced at close to a not-for-profit level in return for a guaranteed return to the companies (like a regulated utility). Drug prices are negotiated by the government, as in most countries. Insurers can offer other services for a fee like Medicare Advantage. Everyone is insured, costs are controlled. Their system works. Peter Shiff's half truths don't cut it.
    Dec 23 01:57 PM | 2 Likes Like |Link to Comment
  • Cramer's Mad Money - 6 Reasons to Speculate on Citigroup (12/14/09) [View article]
    Forget lottery tickets and casinos, Citi is the best casino play available today. You will need to be patient, but this stock will pay off big time a few years down the road. Note: Long "C"
    Dec 15 10:54 AM | 4 Likes Like |Link to Comment
  • Cramer's Stop Trading! The Government Should Have Gotten Out of Citigroup (12/7/09) [View article]
    As usual, Cramer's off the cuff comments are meaningless. Yes, Citi has an excessive amount of off balance sheet liabilities as well as continuing weakness in consumer credit. All the large banks have consumer credit exposure and are slowly building reserves due to low interest rates. It will take Cit, B of A and others years to get back to neutral and the Feds should sit tight. The taxpayers will get their money back in five years at a much higher price. Right now, all the banks need the Fed money and the Fed should not have allowed others to repay their loans early. The risk to the system is still significant. Check out J.P. Morgan's derivative exposure!
    Dec 8 01:49 PM | 5 Likes Like |Link to Comment
  • Wednesday Outlook: Commodities, Global Markets [View article]
    Tune out the noise. The MSM doesn't cover campaign contributions so they can maintain "access" to politicians and continue to report the "noise". Democrats and Fox News jousting is just part of the distracting noise. Who cares. David is correct in that you should simply watch the tape. Government debt will be monetized over the next ten years with higher inflation (but not now) and higher interest rates. Stocks may continue to rise on increased earnings bougth with job layoffs, b ut without increasing revenues, the emperor has no clothes. Look for a 10% correction over the next few months. When that happens, buy.
    Oct 21 10:57 AM | 2 Likes Like |Link to Comment
  • The End of 'Easy Oil' [View article]
    Oil will not be replaced by alternatives (solar, wind, electric) in the next 20-30 years. Perhaps alternatives will reach 10-15% twenty years frim now but gasoline will be powering cars for a long time. Batteries have promise but it is limited near term.
    Oct 19 11:39 AM | 1 Like Like |Link to Comment
  • Bond ETFs: Winds of Change Begin to Swirl [View article]
    A year ago, many investors rushed to short the long Treasury and got crushed. We are in a deflationary environment with the consumer tapped out and businesses not looking to borrow. I'm in intermediate corporates, governments and munis, but not shorting.
    Oct 9 11:39 AM | Likes Like |Link to Comment
  • Friday Outlook: Commodities, Global Markets [View article]
    This mess started with Clinton/Rubin by allowing Wall Street to gun the derivatives market and was supported and expanded by Bush/Greenspan with low interest rates, two unnecessary wars and the first banking and auto bailouts. Obama is not perfect, but laying all this at his feet is absurd as he inherited most of these problems. How about blaming the clowns selling toxic debt?

    On Oct 09 07:01 AM Diogenes of Sinope wrote:

    > Some lip service for the US Dollar, a pull back in commodity prices,
    > but stocks hanging tough.
    > In the world of fantasy....
    > Nobel Peace Prize 2009-- Barak Obama--for his outstanding accomplishments
    > in....? National debt? Declining US influence? America reverting
    > to the mean?
    > Previous American Nobel Peace Price recipients:
    > Al Gore: for bringing attention to global warming at a time of global
    > cooling.
    > Yassar Arafat: for walking away from a US brokered final peace deal
    > that gave the Palestinians everything they wanted except the destruction
    > of the state of Israel.
    > Jimmy Carter: for brokering a deal with the North Koreans to halt
    > their nuclear program, a few years before they developed nuclear
    > weapons.
    > Stop the world I want to get off.
    Oct 9 11:32 AM | 10 Likes Like |Link to Comment
  • Wednesday Outlook: Commodities, Global Markets [View article]
    When everyone is predicting that the USD will collapse and everyone should be in gold, watch out. The dollar will strengthen short term and GLD will correct 10-15% in the next few months. I have taken 75% profits in GLD and have a small position in UUP. Longer term, the deficits will be monetized and I have my energy and foreign stock holdings for protection. Over the next year, investment grade bonds offer yield and safety from an over bought stock market with no top line growth.
    Oct 7 12:42 PM | 1 Like Like |Link to Comment
  • REITs Whimper After Relatively Strong Year [View article]
    Many of the better capitalized apartment REITs are good investments at today's price. Most have refinanced debt that was coming due 2010-2012 and some have cut dividends to correspond with today's depressed cash flows yet still yield in excess of 4%. Cash flow and dividends will grow and produce a strong total return over the next five years. Long EQR.
    Oct 4 06:50 PM | 1 Like Like |Link to Comment
  • Bank of America's Lewis Goes Packing [View article]
    Many people don't want "government" messing with private enterprise. It's not a crime to run a company into the ground to max out your ego. Boards go along for the ride because the CEO picks most of them and they like the perks. Lewis should be fired "for cause" and shown the door without the bag of gold. Don't worry, the government is bought and paid for by corporate lobbyists and won't touch these clowns. All the members of the Senate and House Finance Committees have their reelection campaigns funded by the "too big to fail club".

    I'm still waiting for the givebacks from the former CEO's of Merrill, Citi, Lehman, Countywide and Bear Stearns. Meanwhile the crazy cable guys are ranting against our elected represenatives and telling us the world is coming to an end. Rarely a word against corporate socialism where the taxpayers eat the losses. Sad

    On Oct 01 10:05 AM HBWOW wrote:

    > How can our "government" let Lewis walk (or run) away with his pockets
    > full of our money. No prosecution, no payback of ill gotten
    > gains, no jail - white collar crime again goes unpunished ?????!!!!!!
    Oct 1 10:50 AM | 3 Likes Like |Link to Comment