20 Comments

    • The Perfect Storm: Even with Bailout, Economy Is Hurting [view article]
      This is a good counterargument to the market assumption that the latest gov't bailout will magically make jobless claims decline, housing prices increase, and consumers to start spending again. Sep 25 05:25 PM
    • Buy the Rumors, Sell the Facts [view article]
      The market simply needs time...maybe months, maybe years...to sort out the liquidity markets. The govt is catching a falling knife though, the knife being the housing market. Sep 22 12:20 PM
    • Today's Federal Action Will Alter the Face of Finance [view article]
      If home prices don't stop falling and consumers remain strained, this plan will only amplify (by creating greater debt on the consumer, through taxes) the same root problem: a weak housing market. Sep 22 11:26 AM
    • Another Oversold Watch: Is This One Different? [view article]
      Your chart is very bullish - i came across another one suggesting a bear market for the next 20 years. This is highly possible, for no economic indicator suggests there is anything to be bullish about. Where's the growth? Who's leading sectors? Who's consuming? We can't depend on the US as the leader of the world economy any more. Sep 18 11:41 AM
    • Making Sense of the Brokerage Bust [view article]
      Harsh words, but well-written and very true. Sep 18 11:34 AM
    • Are We There Yet? Not Even Close. [view article]
      Which came first: the chicken or the egg? Real estate prices must stabilize on 60 days as well, otherwise financial companies will continue to suffer losses. Sep 17 02:38 PM
    • RBC Analysts Expect Potash Corp. Stock to Double [view article]
      Technicals are very negative, even if fundamentals are strong. Sentiment for commodities is negative. Two reasons not to go long on POT right now. Sep 05 01:20 PM
    • Three Reasons Solar Sell-off May Be in Early Innings [view article]
      If you think of the % of the energy market that solar power represents, it is very, very small. Investors were clearly too happy with this sector. I agree. SELL or SHORT. Sep 03 10:00 AM
    • Home Prices in 20 Major Cities: You're OK If... [view article]
      +1 Helpful.
      You know what would be helpful would be to determine the % who bought before those dates, and to compare it to those who bought after that date. It the ones who hold mortgages for properties bought at the peak who will be likely to default.
      Jul 31 10:14 AM
    • It's Hard to Be a Bear: Resist the Urge to Buy These Scarred Stocks [view article]
      My thoughts exactly, right to the very negative point of sentiment. As I have blogged, the market is itching for something to happen, but a lot of it is wait and see. The housing market has to play itself out. The rebate cheque bandaid after-effects remain to be seen. Oil prices still threaten to go up (is China/India growing or slowing? We don't know for certain!) Jul 31 10:12 AM
    • Housing: No Bottom Yet in Sight [view article]
      You have made several strong points. I am in total agreement that we have not yet seen the bottom. Stabilizing the credit market though is a first step, otherwise the housing market will spiral downward without intervention.

      What troubles me though is the unlimited tax dollars the govt. appears to have right now. It's going to cost somebody something, so the question is what? Consumers via higher taxes? Greater US debt resulting in an even lower USD?
      Jul 28 11:11 AM
    • Has the Dollar Bottomed? [view article]
      I'm not so sure the Fed would want to raise rates. Raising rates has no impact on the price of oil or the price of food. The Govt is focused right now on loosening the credit markets and as such need to leave rates where they are. Jul 28 11:07 AM
    • Google Proves Mortal: Opportunity Knocks? [view article]
      I just wonder if i am the only one who isn't really to impressed with their adsense. Sadly, investors will soon realize throughout the current quarter that goog might just be another ad company, and in bad times, ad spending will be scaled down. Jul 18 04:49 PM
    • How High Leverage Has Brought Down the Whole Banking Industry [view article]
      What choice does the Fed have in restoring some kind of liquidity for the markets? The lending market is like a car brake that has seized up.

      Main question remains: when will the housing prices stabilize? The Fed needs to restore confidence in the banks, long enough for housing prices, and therefore banking losses, to stabilize.
      Jul 18 04:42 PM
    • Getting Out of Today's Bear Market [view article]
      Your argument might be further supported with the fact that the Cdn $ has not strengthened in correlation to higher oil prices. This would suggest that the market does not expect resources (canadian market) to move much higher in the long run. Jul 11 09:57 AM
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