The U.S. Economy In Q1: Slow, Steady And Vulnerable [View article]
James; thank you for putting up with all the rhetoric that comes with your posts to SA. With the thousands of voices/opinions available we all have to find our own way and take responsibility for our own investing decisions. To me it's rare to find someone such as yourself, who combines depth of thought with conviction of opinion. It doesn't mean you will be "right" every time or within the time frame you believe things will happen, but the evidence you lay out and the conclusions you draw are second to none on the sites I follow. Thanks again.
Do Downgrades Really Matter Anymore? [View article]
Funny; I was just thinking this exact thing this week. There have been so many downgrades lately that the market just seems to be ignoring them. Downgrades no longer seem to have the impact they once had.
Preferred Stock Primer: Nextera Energy Case Study [View article]
One thing to keep in mind is that bank related Trust shares will no longer count towards Tier 1 capital ratios starting in 2013. Only actual Preferred Shares will count towards the ratio.
"High taxes help the richest, too" asserts Cornell economics professor Robert Frank, as the increased public spending would "produce clear gains in satisfaction for the wealthy," such as better-maintained roads. And besides, what difference does it make it if you have a home that's 15,000 square feet or one that's 10,000? [View news story]
All this talk about taxing the rich just diverts attention from the real problems that need solving. Obama's new Buffett tax of 30% rate for millionaires would raise a lousy $36 billion per year or roughly less than what the federal government spends in 4 days. It won't solve the problem.
IMF To Germany: Europe Is On Course For Disaster [View article]
James; Even George Soros is calling for end to the austerity measures. Hard to believe Germany will do a 180 but it sounds like it's on the table for next weeks summit. Poor Greece; it's too late for them I fear. Labor movement has caught on to the "new" message of no more austerity and has rejected changes in private sector salaries. http://bit.ly/wYwyyv
2012 Europe Outlook: How The Fiasco Will Unfold, Part 2 [View article]
James; thank you for your current thoughts. It has been interesting to watch the market psychology over the last several years. One thing that has become clear to me is how the market does not do a good job of discounting major events. Example; first time Italy bonds breached 7% market lost over 3%. Since then the bonds have cleared that threshold and stayed there for some time. Market reaction: None. I'm curious on your thoughts about the PSI and the Greek bond negotiations this week. Rumors have hedge funds buying bonds in anticipation of failed PSI negotiation; thinking they are ahead with the CDS insurance. Thanks again.
The Sarko Trade: Will Banks Double Down On PIIGS Debt? [View article]
James; just as you predicted, the budget deficits continue to grow. Greece is a zombie country. People are giving up their children; healthcare is horrible. Really starting to feel badly for the Greeks. How much more before something dramatic happens?? http://bit.ly/toC5o2
No Monetary Virgin: The ECB's Backdoor Easing [View article]
James; if you haven't seen this SA article, it is a must read on why Greece could still be the tipping point. Confirms what you have said in several articles. http://seekingalpha.co...
Tim Tebow, Social Mood And The Future Of U.S. Stocks [View article]
James; very thoughtful article. My hope is that we will see Tim Tebow remain the same even when the last minute heroics don't show up. (As in yesterday's game) Then we will have an even bigger reason to hope.
No Monetary Virgin: The ECB's Backdoor Easing [View article]
James; you can tell the authors who have a great following by the number of comments they receive. Your work is seems to be widely followed by experts and novices. (like me) I respect your position on holding in cash but curious why you wouldn't suggest shorting the market through inverse ETF's to make money on the way down as well. Thanks
James, appreciate your posts on SA very much. I'm wondering if you have read a post by Marc Chandler also on SA; http://seekingalpha.co... I haven't read a single article anywhere that is positive about the EU summit results and from a contrarian perspective it makes me question when everyone seems to be thinking the same thing.
The U.S. Economy In Q1: Slow, Steady And Vulnerable [View article]
Prepare For Volatility [View article]
Do Downgrades Really Matter Anymore? [View article]
Preferred Stock Primer: Nextera Energy Case Study [View article]
"High taxes help the richest, too" asserts Cornell economics professor Robert Frank, as the increased public spending would "produce clear gains in satisfaction for the wealthy," such as better-maintained roads. And besides, what difference does it make it if you have a home that's 15,000 square feet or one that's 10,000? [View news story]
IMF To Germany: Europe Is On Course For Disaster [View article]
2012 Europe Outlook: How The Fiasco Will Unfold, Part 2 [View article]
I'm curious on your thoughts about the PSI and the Greek bond negotiations this week. Rumors have hedge funds buying bonds in anticipation of failed PSI negotiation; thinking they are ahead with the CDS insurance. Thanks again.
The Sarko Trade: Will Banks Double Down On PIIGS Debt? [View article]
http://bit.ly/toC5o2
No Monetary Virgin: The ECB's Backdoor Easing [View article]
Tim Tebow, Social Mood And The Future Of U.S. Stocks [View article]
No Monetary Virgin: The ECB's Backdoor Easing [View article]
No Monetary Virgin: The ECB's Backdoor Easing [View article]
A 'Lehman Event' May Be Near [View article]
I haven't read a single article anywhere that is positive about the EU summit results and from a contrarian perspective it makes me question when everyone seems to be thinking the same thing.
Dec. 9th: The Beginning Of The End Game For The Eurozone [View article]
Deflating The Bullish Case For Stocks [View article]