Lou, It looks like a dead cat bounce and I wondered what you thought about the “go away in May’ strategy. My savings have recovered somewhat but I was considering picking some proven money maker stocks like J&J & Kraft …etc.and let go some mutuals containing US equities and possibly trading money market funds for [...]
I have sent out charts in the past showing the bulge bracket dealers’ prop trading up significantly (GS up 7x, only 6 last week though, and agency commissions way down across the board)…so all of this buying in such a huge rally, the biggest since the 30′s (remember that raging bull market?), where does it [...]
Utility stocks are a safe haven that pay a dividend and reward investors that are looking for steady earnings and steady dividends.
Today on the Bill Watters Show Greg Brady was talking about the KHL – the new Russian hockey league. Here’s a photo of what players signed with Magnitogorsk will get to see everyday! Makes Balsillie’s pitch for Hamilton look pretty good!
UPDATE: Links fixed Don’t Monetize the Debt… the President of the Dallas Fed on Inflation and central bank independence…. I din’t think anyone realized the size of unfunded liabilities of health care and pensions totalled $99 trillion, conventional wisdom had it at approximately more than half that…this is a disturbing revelation. It is refreshung to be presented with the [...]
UPDATE: Links fixed A Must Read Barron’s Article: The Housing Hurricane… I don’t know what to say other than read this carefully, especially the part about the banks… here’s a teaser on the home builders…(can it get more insane???) There’s no light at the end of the tunnel yet. We’re still supporting builders through misguided [...]
UPDATE: Links fixed My good friend Dan Hachey does a lot of reading and is kind enough to circulate those articles he finds interesting. I will be posting his contributions as they arrive. Enjoy! Next stage of the financial crisis? http://www.telegraph.co.uk/finance/financetopics/recession/5373334/SandPs-warning-to-Britain-marks-the-next-stage-of-this-global-crisis.html I guess the previous story is an eerie intro to the following video clip. I [...]
