Four topics continue to dominate the market action. In my opinion, the market is destined to remain range bound or under pressure until we get some clarity on the these [ … ]
TRUCK TONNAGE FELL 11% IN DECEMBER
Truck tonnage is an excellent barometer of economic health. Trucking represents 70% of all modes of domestic freight transportation. Last months figures were alarming to say the least. Truck tonnage [ … ]
At this point I am still firmly in the bear camp – a position I have been in for over 2 full years. But I am beginning to see some [ … ]
ROUBINI: “SUCKER’S RALLY OVER”
Nouriel Roubini is as bearish as ever. For a few weeks since late November, equity markets ignored the onslaught of much-worse-than-expected macro news (and all the news was really worse [ … ]
FELIX ZULAUF INTERVIEW
Zulauf was very cautious heading into 2008 and has been one of the more accurate forecasters throughout this downturn. Well worth a listen… When Economy Recovers, Belts Will Still Be [ … ]
WHAT’S WRONG WITH A SWEDISH MODEL?
It seems the U.S. government had a pretty good blueprint for the ensuing credit crisis and decided not to implement it. Who ever went wrong with Swedish models? In the [ … ]
MAULDIN ON 2009
As I have said here before, Mauldin is one of the best. If you don’t read his stuff you should. You’ll find an excerpt below and the link to the [ … ]
2009 INVESTMENT PREDICTIONS
2008 Investment Predictions The following are my investment predictions from 2008 (posted December 28th 2007). The 2009 predictions are found at the bottom of the page. 1. We are entering [ … ]
WILL THE FED’S INTERVENTION WORK?
The Fed has implemented an alphabet soup of market interventions (TALF, TARP, CPFF, TAF, etc) in the last few months. Many of these programs are exploratory and the results are [ … ]