Bubble
There are a lot of stubborn bears out there that still are shouting overvalued when it comes to Amazon (AMZN), the trouble is, nobody is paying attention to them as the shares just keep on moving higher and higher. At a market…Read
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Harry Markopolos (BusinessWeek): How I got the goods on Madoff, and why no one would listen, March 11,…Read
Mr. Marc Faber is pounding the table hard, warning that investors should get out of U.S. bonds: 1:30 I looked at several inflationary periods and the worst investment in an inflationary period where you print money and have…Read
Further to my last post about Stephen Roach turning more sanguine on China and her property bubble, a number of items have created further concerns about the risks of a double-dip recession.First, the WSJ reports that…Read
Its been almost a year since I originally wrote about Winthrop Realty Trust (FUR). I knew very little about REITs then and Winthrop was the first one I analyzed. The stock was selling at $6 per share at that time and today it…Read
It’s party time on Wall Street. YOUR problem is that Wall Streeters just booked their sweet gains in the form of bonuses and you are chasing momentum. The market is thick with breakouts and the price momentum is…Read
Shrugging off some lingering reminders of the credit crisis and recession, investors last week marked the one-year anniversary of the bear market low by pushing many benchmark equity indices to cycle highs. Wall Street scaled…Read
Further to my last post about Stephen Roach turning more sanguine on China and her property bubble, a number of items have created further concerns about the risks of a double-dip recession.First, the WSJ resports that…Read
Differences of opinion is what makes horse races. So my algebra teacher would taunt us, deliberately ungrammatical, standing at the blackboard, chalk in hand, touting the virtues of proof. Differences of opinion make markets,…Read
The cover story of Barron's is on public pensions, an issue I have been railing about for years, and heatedly so for several months. Please consider The $2 Trillion Hole. LIKE A CALIFORNIA WILDFIRE, populist rage burns over…Read
Relations between the US and China have been deteriorating. Although both sides have poked each other in various ways (Obama meeting with the Dalai Lama, China dissing Obama in Copenhagen by standing him up for a meeting, some…Read
ECB: Slaves of defunct economists. A self-professed Keynesian who, refreshingly, does not sound completely mad. For example, some recent suggestions have gone to the extreme of advising monetary policy to target a higher rate…Read
Click Here To Read: Robert Shiller: A Crisis of Understanding Introduction (Via Robert Shiller @ Project Syndicate) Few economists predicted the current economic crisis, and there is little agreement among them about its…Read