January 2008
January 29, 2008 –
The probability of the dollar sliding further compared to other currencies is diminishing as further rate cuts in the US will force other countries to follow their lead to remain competitive. That is probably Ben’s biggest headache – remember he really want the dollar to continue to slide versus other currencies, and so should you. Companies with strong export sales like Microsoft, IBM, Dell and others continues to do quite well compared to companies relying on imported goods for their production process. Now this shouldn’t be much of a surprise – Ben wants to force the American consumers to buy American products, and to make American products attractive to foreign customers too. [more]
January 28, 2008 –
The housing data wasn’t much of a surprise – anyone who didn’t expect a decline in those numbers isn’t living in the same world as the rest of us. So what else is new? Are we drowning in bad quarterly results? eehhrm, no – not at all. The large multinational companies are in fact reporting very good numbers. [more]
January 26, 2008 –
Be afraid – be very afraid – that seems to be the message they want you to get.
Talking the market down is a part of the game – and the game is about separating you from your money. Your loss is someone else’s gain. Pure and simple – nothing else matters. [more]
January 23, 2008 –
FED has one primary concern – and that is not to prevent inflation. It is to help to maintain a national economic environment that is beneficial to the American population. [more]
January 22, 2008 –
If you where a market analyst – wouldn’t the following be tempting: [more]
January 20, 2008 –
He knows what he’s doing – something that most certainly can’t be said about George.
Please don’t put another religious fanatic at the helm – you should have learned by now what happens when you do that. Anybody who calls himself a Christian and puts the world on the brink of annihilation clearly has some serious problems with plain logic – not to mention indirectly killing nearly 300 000 people. Last time I looked the bible was about kindness and generosity – not exactly the hallmark of the Bush administration. [more]
January 19, 2008 –
The single most serious problem with the economy is that the Americans are consuming more than they are producing. In other words: The economy is leaking money like a sieve – and has done so for quite some time. Stimulating consumers to consume even more is so dumb it’s rather mind boggling. [more]
January 07, 2008 –
Probably not – the consumers are already struggling, and if we are honest this shouldn’t come as a surprise. There is just too much debt going around – the average consumer just doesn’t have the money to continue spending at the level we have seen the last 20 years. That doesn’t mean that the consumer is dead – far from it. Economist will have to curb their exuberant expectations. I think those expectations is the real reason we are now seeing a major correction – investors have been led to believe that the continued level of spending could be maintained indefinitely. I think investors are going to realise that stocks are trading at a very high price compared to the earnings we will see over the next couple of years – and try to get out while they still able to take some profit – and in some cases an enormous profit. [more]