dsrtwriter

Portfolio Performance: Positive. Market Outlook: Hazy

Davy's analysis is well considered. Regarding the bounce back after the 70s and 80s, I don't think it is analagous to today, where we have massively outsourced our manufacturing to a dangerous point in the name of the religion of "free trade and efficient allocation of resources".

The "consumer" always wins with free trade and low prices, until the "consumer" loses his job when his plant closes. Of course if we are all government employees, professors with tenure, or lawyers, we love low prices from overseas because we do not produce goods.

Truly a house of cards,endorsed my most economists (except myself).

Brookfield Asset Management Weathering Economic Turmoil

Well written. I reviewed their report also and agree. There may be some limited downside,but I agree that this is a model for how companies should be run, and they are weathering things reasonably well.

Understanding Brookfield's Malaise

I agree that BAM is a keeper. I did receive some BIP in the spin off,not a significant amount, but I see no reason not to just keep it in my portfolio, and maybe add a bit over time. To me, BAM is not for trading, but to just keep and maybe dollar cost average during this lower price period to add to holdings.