Today’s market view is unchanged from earlier comments this week. So here is just a comment on the Big Picture. In my view there is a 30 percent chance that the March 2009 low was the low of the markets…Continue Reading →
A couple of questions were asked yesterday about our style of looking at the markets. As nothing has really changed from our comments yesterday on the daily markets, here are the some underlying factors. 1. We are A Top Down…Continue Reading →
On the eve of the widely anticipated good employment numbers and before we complete a full 2012 Outlook a few things jump out to me as to big factors in 2012. 1) U.S. Economy will continue a modest recovery. 2)…Continue Reading →
While we wait for the employment numbers this week why not look at some other views of the markets and politics: Byron Wien http://finance.fortune.cnn.com/2012/01/04/byron-wiens-surprises-of-2012/?section=magazines_fortune Doug Kass http://articles.businessinsider.com/2011-12-29/markets/30567351_1_stock-market-financial-stocks-soft-landing NYT: http://www.nytimes.com/2011/12/31/business/daily-stock-market-activity.html http://www.nytimes.com/2011/12/31/business/three-experts-prognosticate-on-2012.html http://www.nytimes.com/2011/12/31/business/economy/the-year-the-governments-lost-their-credibility-off-the-charts.html http://www.nytimes.com/2012/01/01/business/from-6-economists-6-ways-to-face-2012-economic-view.html
We have been fortunate this year. For 2011 our aggregate portfolio is up close to 80 percent for the year with all the gains coming since the end of QE2 at mid year. We currently are maintaining the long stocks…Continue Reading →
The easy answer, it depends what the basis of your life is…is it wealth or is it something more. Wealth in terms of inflated assets is about to take a hit and the two most vulnerable sectors are precious metals…Continue Reading →
It will not be because he is my choice or the best one in the race, either for Republicans or the big one. It is because he is the most verbal, the most outrageous, and smart. He will be a…Continue Reading →
Lets just start with the CNBC crew and the illustrious Cramer. They got really bullied up over the past couple of days after the S&P held above the 1250 level. Essentially they are looking for Europe to do a funny…Continue Reading →
Sometimes things just jump out at you. At the moment it is there is no reason to own gold. The coordinated loan action between the world’s central banks is not an inflationary move. It has added some liquidity to cover…Continue Reading →
Market technicians are rightly very beared up at this juncture of the market as a case can be made for much lower stock prices. On the otherhand this is a market driven by a few, the public is watching, and…Continue Reading →