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  • Less Negativity, More Inflation
    > What the Fed is attempting to do right now id save the banking system from outright collapse. IMO they have suceeded. Their next job is to induce the banks to make good loans to credit worthy borrowers

    Credit worthy borrowers don't need anymore money, they are leveraged enough. You don't fix credit insolvency by pushing more credit on everybody.
    Nov 16 18:23 pm |Rating: 0 -1 |Link to Comment |View article
  • The Shallowest Generation
    I give you just one example of shallow generation, and you tell me it isn't so. I live in Texas subarbia, everyone here a manicured grass lawn. This is in 100F Texas heat, lawn has to be watered almost daily. I spend hundreds of dollars to maintain my lawn. I consider it a huge waste of money and precious resource - water, but I can't do anything about it per HOA restrictions. I would rather let the lawn go wild , it wouldn't bother me at all. I'd just cut it to keep animals away or have some sort of garden there. What use is this grass? Caring about such silly things as lawn in a desert is just one sign of irresponsible consumerism infecting this society.
    Nov 03 15:46 pm |Rating: +2 0 |Link to Comment |View article
  • John Hussman: Depression Fear Mongering 'Ridiculous'
    CNBC people calling depression? Never heard it. I always keep hearing them on and on about how market should be up. They only stopped last week when it became obvious even to them that we are in trouble.
    Actully, I think today's panic felt like a bottom. It is not often you see individual stocks go down 15-20% 3 days in a row.
    I bought some stocks in the morning just to see them another 10% down at lunch. And they were already 30-40% down from last week. They recovered toward the close on yet another rumor. But I was impressed with how strong the panic was. People were basically throwing stocks overboards like they were ballast on a sinking ship.
    Oct 06 17:57 pm |Rating: 0 0 |Link to Comment |View article
  • The Die Is Cast
    I will trsut my eyes more than I trust government's fairy tale GDP and unemployement numbers. We have been in recession for 2 quarters already. Why does government increase SSN payments by 5.5% to adjust for inflation but deflates GDP by only 1.3%? Does it make sense to you?
    The official unemployment number is useless. There is another number that is more accurate, - labor force participation.

    ----------------------...
    The official unemployment rate only includes workers who are actively seeking a job. The labor force participation rate, which includes the number of working-aged people with jobs, fell slightly to 66.0%.
    ----------------------...

    Even if you assume that 10% of these people choose not to work because they have other means to provide for themselves( and that is a high number), then is still leaves 23% of people who need a job and don't have one.
    Oct 03 17:40 pm |Rating: 0 0 |Link to Comment |View article
  • Tuesday Overview: Confusion and Caution
    thedozer, I am in the top 1%. Even though I started my life very poor.Yes, I am here to make sure we get out of this mess. But I disagree with the method.
    I am russian and I can tell you that when rich hoard everything and forget to share with the poor it always ends in a disaster like a revolution or a depression. Give some thought to less fortunate, could you? We all will be better for it.
    Oct 03 16:27 pm |Rating: 0 0 |Link to Comment |View article
  • Tuesday Overview: Confusion and Caution
    People talking about eliminating taxes make my blood boil. It seems lower taxes can right all wrongs. Will that cure cancer too?
    Eliminating capital gains tax will only benefit top 1-2% of people who have significant investment income. These are not people who are forecloising on their homes are they? The benefit for the rest with 401K plans will be too small to notice. Especially since gains are deferred.
    As much as I hate to pay capital gains, I hate income taxes even more. Why don't we eliminate income taxes so I can spend this money and inflate the wonderful economic balloon even further?
    Be realistic, lower taxes are not cure for all, they are just one tool in a toolbox and it has been abused last few years already.
    Oct 01 12:43 pm |Rating: 0 0 |Link to Comment |View article
  • Banning Shorts Works in Fancy Restaurants, Not the Marketplace
    Expose, who says shorts are against regulation? Individual investors that use shorting for hedging have no say one way or the other. Exactly as we had no say when government changed short selling rules overnight, causing 10-20% short squeeze. How would you like to loose 20% on a fundamentally sound position just because of government meddling?
    You don't want shorting to be allowed ? Fine. Just warn about the change in advance. It is much easier to work on long side anyway because long-term the market is long biased. Lets all be happy and continue inflating the bubbles. I have no problem with that . I'll be careful to get out on time. Just don't cry wolf when the bubble pops again.
    Sep 28 21:36 pm |Rating: 0 0 |Link to Comment |View article
  • New Game, New Rules
    > Now ,we have a chance for unprecedented market rally and impressive economic rebound

    Yes, I think that is the intent , to inflate another bubble to prevent the death spiral. But there are no fundamentals to support it. Even a bubble needs fundamentals to begin.
    This rally will deflate soon enough.
    Sep 19 13:36 pm |Rating: 0 0 |Link to Comment |View article
  • The "Worst Is Over" Crowd Is In for a Shock
    > Boat 52
    Sep 09 03:59 PMJon T. has summed it up correctly IMO. For those who believe in buy and hold, the 1930s is proof that there times when this simply does not work. Go ahead and hold those equities and if the S&P finally bottoms south of 900, you can look forward to a doubling of your holdings during the next generation's lifetime.
    ----------------------
    The problem I see here is that most americans were led into 401K accounts with a promise of 7% annual return over the years. I was just talking to some people at work (republicans), they are not panicking yet, they were promised that their 401K will go up over the long term. Our government will do anything in its power to prevent the stock market from a significant crash because it will mean 401K going down the pipe, the same way that healthcare, education, housing went. There will be so much intervention , it will make your head spin.
    Having said that, I am short retailers and some financials. I sold all homebuilders in the recent rally. But expecting 900 on S&P is a bit extreme. Not until November, at least.
    Sep 09 22:14 pm |Rating: 0 0 |Link to Comment |View article
  • Investors: Down the Rabbit Hole
    cyclingscholar , who said anything about republicans? Why everything must be turned into a partisan issue? Are you saying the economy is fine ?
    Sep 08 11:43 am |Rating: 0 0 |Link to Comment |View article
  • Investors: Down the Rabbit Hole
    otbricki, following your logic , to put it in simple terms, we sell our goods cheaper (at 1.9% increase) and buy goods at higher price (5.6%). So, basically, somebody is eating 3% difference, because input costs are higher 5.6% and output is only 1.9 % more expensive. Who do you think is eating the difference? Coporations to some degree and consumers mostly. It means consumers are loosing purchasing power and corporations have lower profits. Has is this not a recession?
    The way GDP is calculated, if we produce even more and sell it even more cheaply,we 'll have enourmous growth, except we won't be able to buy anything anymore. Does it make sense to you?
    It doesn't make sense. Most people don't understand and don't try because they think it is due to their luck of financial education that they don't understand.
    The lying needs to stop. The first step in correcting a problem is acknowledging a problem exists.
    Sep 08 11:32 am |Rating: 0 0 |Link to Comment |View article
  • The Nuttiness of This Market
    CLH, would you update us on your view of the market after 3% sell off today? I say, finallly the market did something that made sense.
    Sep 04 16:36 pm |Rating: 0 0 |Link to Comment |View article
  • The Nuttiness of This Market
    I agree with DougM. The market becane a casiono. Today it is one game, tomorrow is next. There is no way commodities can go up and down 50% without ovewr-leveraged hedge funds piling up on the same trade. Today's game is retailers, regional banks and dollar. May I ask who is buying retailers in a consumer recession?
    There is no regard for fundamentals. None. It is all a trade. Take your money and run as soon as you see a profit.
    The game will not stop until enough hedge funds fail.
    Sep 03 16:31 pm |Rating: 0 0 |Link to Comment |View article
  • Hedge Fund Hell
    Don't see a lot of bulls? Then who drove the market up 2.5% just last Thursday on a fantasy GDP number?
    Sep 01 11:25 am |Rating: 0 0 |Link to Comment |View article
  • Which Improves First - The Stock Market or the Economy?
    I would be intrested to see if there is a link between the length of a downturn and how money months before the end of it the market turns. I beleive it is too early to predict the end of the bear market yet this time. Give it a year or so.
    Sep 01 08:14 am |Rating: 0 0 |Link to Comment |View article

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