To all the readers of this new blog:
I’m writing to inform you that this blog will no longer be updated and will be transfered to: www.subprimeinsight.com
Same people, same thoughts, just a different brand. Apparently some people can’t read disclaimers so we’re moving to a more lax environment.
Archive for February, 2008
Moving to a New Site: Subprime Insight
Posted in Uncategorized on February 11, 2008 | Leave a Comment »
Jim Cramer: Fed will cut because it has to
Posted in Uncategorized on February 10, 2008 | Leave a Comment »
Maybe people will listen to Jim:
“So for the millionth time, I will spell it out: The easings have everything to do with crisis and nothing to do with growth. Of course they are inflationary. But the crisis has to be averted. I would also argue, unlike the people on the Fed, that we are in [...]
Dawn Bennett Sees `Treacherous Battle’ in Credit Market
Posted in Bear Market, Economy, Video on February 10, 2008 | Leave a Comment »
Feb. 4 (Bloomberg) — Dawn Bennett, who oversees $1 billion as chief executive officer of Bennett Group Financial Services, talks with Bloomberg’s Rhonda Schaffler in New York about the U.S. economy, fiscal and monetary policy, the U.S. credit market and her equity and commodity investment [...]
“Euros Accepted” signs pop up in New York City
Posted in Currency, Euro, News on February 7, 2008 | Leave a Comment »
As if the dollar didn’t need any more downward pressure: Reuters is reporting that New York shops are now accepting Euro’s. This after Dawn Bennett, a couple of days ago on Bloomberg, mentioned talk of dual currencies in the future.
Actual Article
The US is Turning Japanese
Posted in Uncategorized on February 7, 2008 | Leave a Comment »
The Financial Times is beginning to see the light. Watch The Financial Times talk about the markets recent activity.
The Short View
The US is not worried about inflation. It’s worried that it does not have enough tools to stave off deflation.
Kleintop of LPL Expects Stocks to Rally `Fairly Quickly’
Posted in Bull Market, News, Video on February 7, 2008 | Leave a Comment »
February 6 (Bloomberg) — Jeffrey Kleintop, who helps manage $237 billion as chief market strategist at LPL Financial Group, talks with Bloomberg’s Brian Sullivan from Boston about the outlook for the U.S. stock market, comparisons between the current environment and the market situation in 1998, and some of Kleintop’s industry picks. (Source: [...]
Wilbur Ross Speaks out on the Economy
Posted in Analysis, Bear Market, Economy, Video, tagged Bear Market, Economy, Video on February 7, 2008 | Leave a Comment »
In a video on Bloomberg labeled under Senator, “Dodd Says Bernanke Committed to Use `Tools Available,” Bloomberg actually features Wilbert Ross Chairman, WL Ross & Company.
Notable Quotes:
Wilbur Ross:
“Half of all new property listings in California are now foreclosures.”
Bloomberg Anchor:
“Wow, that’s scary.”
Wilbur Ross:
“People were using there home as an ATMs but they were [...]
Marta of RBC Sees Need for `Bailout’ in Credit Markets
Posted in Bear Market, Video, tagged Bear Market, Economy on February 6, 2008 | Leave a Comment »
Moving to www.subprimeinsight.com Watch the video.
David Tice Sees `Dramatically Lower’ Stocks in 5 Years
Posted in Bear Market, News, Video, tagged Bear Market on February 6, 2008 | Leave a Comment »
Moved to www.subprimeinsight.com. Come check us out.
One Reason this Recession will be a “Whammy”
Posted in Analysis, Federal Reserve, Jim Cramer on February 6, 2008 | Leave a Comment »
Yesterday, I pointed out the dwindling power of the Fed to stop recessions and deflation. The day before, I pointed out the financial industries inability to capture the upside of the Fed cuts in the short term since they have a severe funding crises. Today we’ll take a closer look at the unintended consequences of [...]
