Category Archives: markets

Why I sold half of everything!

I realize that I haven’t published in a very long time (although I’ve done a few articles in the recent past on seekingalpha.com).  There hasn’t really been much to talk about.  Global government stimulus has heretofore  put a floor on … Continue reading

Posted in markets, stocks | Tagged , , , , , , , , , , | Leave a comment

Damn the Short Sellers; and more…

Observers of the rocketing price moves of now familiar names, are describing the phenomena as ‘insane’ but it was bound to happen eventually.  I’m just happy I’ve lived long enough to see some of these crooks get their comeuppance.  Is … Continue reading

Posted in markets | Tagged , , , , , , , | 1 Comment

Market Tanks – Great news for some.

I haven’t published for some time now.  Why bother?  The economy was tanking, and the market was rallying.  Made no sense to someone who’s been managing money for 30+ years, so better to say nothing.  However today’s headlines are providing … Continue reading

Posted in markets, Random Thoughts | Tagged , , , , , , , | Leave a comment

The roller-coaster stock market.

The market continues to behave like a roller-coaster.  But will this ride ever end?  In the past, the ups and downs of stock prices have always mirrored the ups and downs in earnings, but this relationship seems to have broken … Continue reading

Posted in markets, Random Thoughts | Tagged , , , , , , , | Leave a comment

Decrease in Consumer Spending Alarm Goes Off.

I’ve hinted many times over the years that the most robust leading indicator is the ISM (Institute for Supply Management) manufacturing index.  Last Friday, the report was – not surprisingly – dismal.  May is likely to be even worse. We’re … Continue reading

Posted in markets, Random Thoughts | Tagged , , , , , | Leave a comment

Why Warren Buffett’s Moves are Bewildering.

Everyone is confused – He bought a bunch of airlines at their peak, and sold them all (was the normally undaunted investor suddenly in a panic?) at the bottom.  “Fear is the most contagious disease you can imagine…” said Buffett … Continue reading

Posted in markets, Random Thoughts | Tagged , , , , , , , , , , | Leave a comment

Consumer Sentiment – down but still not down enough.

Over many years I’ve marveled at how reliable consumer sentiment has been as a contrarian indicator.  When it reaches rock bottom then the markets, followed by the economy begin to recover from a crisis – whether a recession or financial.  … Continue reading

Posted in markets, Random Thoughts | Tagged , , , , , , , , , , , | 2 Comments

Why the S&P 500 should fall another 10% to 20%.

The risk of being so right in one’s projections (I called this meltdown months ago) is you begin to second guess yourself – maybe now I should turn bullish? The recent rally (which I covered in my “It’s a Trap” … Continue reading

Posted in markets, Random Thoughts | Tagged , , , , , , , , , , | 2 Comments

Private Equity/Debt Cockroaches emerging.

I published here (in late January) and on SeekingAlpha.com a warning that the surge in private equity (with with emphasis on “private” or illiquid) in the past decade would reek havoc for institutional and individual investors alike.  We’re beginning to … Continue reading

Posted in markets, Random Thoughts | Tagged , , , , , , , , , , | 2 Comments

How long before this bear market hibernates again?

Most of what I read suggests we’re experiencing a Bear Market rally, and that it will be short-lived.  A very respected strategist friend of mind put it this way: It remains our view that stock markets will return to test … Continue reading

Posted in markets, Random Thoughts | Tagged , , , , , , , , , | Leave a comment