Wal-Mart Has Me Nervous About The Economy [View article]
Yes indeed, WMT is a criminal enterprise (FT) and we all should be concerned regarding this status.
And as for the mirror on our maxed out population it does not bode well....record low taxes along with increased layoffs, reduced research and development, downsizing, wage and benefit reductions, reduced capital equipment spending, government transfers and guarantees, outsourcing, off shoring, low interest rates, diabolical trade policies, and non-taxed foreign earnings all contributed to record corporate profits.
The real question right now is and will remain until it changes, How sustainable are these earnings?
I believe they are not and a buying opportunity will present itself before YE. All based on the played out status of the American consumer.
Bernanke Claims Fed Bankruptcy Is Irrelevant [View article]
Most large banks remain bankrupt upon inspection of the balance sheets but the fed has given them time and free money to mitigate alarming balance sheets (answer: fire everyone).
Despite today's closing hiccup, the S&P 500 is up in January and February this year. This has occurred 26 times since 1945, notes Bob Pisani, and each time the S&P finished green for the year, with an average gain of 24%. [View news story]
Wal-Mart Has Me Nervous About The Economy [View article]
And as for the mirror on our maxed out population it does not bode well....record low taxes along with increased layoffs, reduced research and development, downsizing, wage and benefit reductions, reduced capital equipment spending, government transfers and guarantees, outsourcing, off shoring, low interest rates, diabolical trade policies, and non-taxed foreign earnings all contributed to record corporate profits.
The real question right now is and will remain until it changes, How sustainable are these earnings?
I believe they are not and a buying opportunity will present itself before YE. All based on the played out status of the American consumer.
We will see over the next 9 months for certain.
Global Events Are Pointing To A Market Pullback Very Soon [View article]
20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
Michigan Consumer Sentiment Beats Expectations [View article]
Incomes Fall $505.5 Billion, Expenses Rise - Can You Say Stagflation? [View article]
What Nobody Tells You About Goldman Sachs [View article]
How the Fed Could Fix The Economy -- And Why It Hasn't [View article]
How the Fed Could Fix The Economy -- And Why It Hasn't [View article]
Bernanke Claims Fed Bankruptcy Is Irrelevant [View article]
S&P Valuation: Shiller CAPE Heresy Edition [View article]
How the Fed Could Fix The Economy -- And Why It Hasn't [View article]
Despite today's closing hiccup, the S&P 500 is up in January and February this year. This has occurred 26 times since 1945, notes Bob Pisani, and each time the S&P finished green for the year, with an average gain of 24%. [View news story]
Banks, Securitization And Incentives: Are We Protected From Another Collapse? [View article]
Bernanke On Why Rates Might Rise [View article]
Banks, Securitization And Incentives: Are We Protected From Another Collapse? [View article]