"Cold outlook for Chinese power providers. Heavy snow and sleet have forced 7% of Chinese power plants to shut down, and companies are struggling to secure enough coal to keep plants operating."
"Morgan Stanley's Stephen Roach, one of the world's leading economists, says the oncoming U.S. recession will dwarf the dotcom slump in its magnitude."
At the same time, the people who run the middle east sovereign wealth funds are saying in Davos that US financials and real estate are at bargain basement prices. Real estate is a real asset, and inflation is rising, so it's hard to see how it can keep falling in price.
Interesting juxtaposition with the headline above this one on your home page: Jeremy Grantham: Credit Crisis Will Last Until 2010 seekingalpha.com/artic...
Wall Street Breakfast: Must-Know News [View article]
The combination of higher wholesale prices and weak retail sales is really bad: it shows that in real term (inflation adjusted), sales were even weaker.
Seeking Stocks With Cheap, Safe Dividend Streams [View article]
One other point to confirm this: note that banks are large cap pharma are sector where projected earnings are in freefall. That's why the dividend yield looks good.
Seeking Stocks With Cheap, Safe Dividend Streams [View article]
I'm amazed at how many people make the "dividend error": dividends are no different than stock buybacks (they're actually slightly worse after-tax), and both are funded from profits. So a stable dividend is irrelevant if a company's earnings or projected earnings are in free fall.
BAC? Not exactly a pretty stock in a pretty sector. Guess what Countrywide's dividend will be next year.
Good article -- The Motley Fool article was simplistic to say the least. Stocks are falling because projected earnings are falling. And lower projected earnings means lower projected dividends or buybacks.
Under The Radar News - Tuesday [View article]
Wonder if lower Chinese output could hit Walmart.
The Chicken's Guide to Picking Stocks in 2008 [View article]
:-)
Under the Radar News - Monday [View article]
At the same time, the people who run the middle east sovereign wealth funds are saying in Davos that US financials and real estate are at bargain basement prices. Real estate is a real asset, and inflation is rising, so it's hard to see how it can keep falling in price.
Under The Radar News - Thursday [View article]
Have Bank Stocks Hit Bottom? [View article]
Jeremy Grantham: Credit Crisis Will Last Until 2010
seekingalpha.com/artic...
Under The Radar News - Wednesday [View article]
Under The Radar News - Tuesday [View article]
BTW, "Under the Radar" is really excellent.
Wall Street Breakfast: Must-Know News [View article]
Seeking Stocks With Cheap, Safe Dividend Streams [View article]
It's an illusion. Be careful.
Seeking Stocks With Cheap, Safe Dividend Streams [View article]
BAC? Not exactly a pretty stock in a pretty sector. Guess what Countrywide's dividend will be next year.
Under The Radar News - Wednesday [View article]
The Dividend Yield Effect [View article]