Comments on: So is the correction over already? http://jubakpicks.com/2010/02/17/so-is-the-correction-over-already/ Thu, 24 May 2012 00:51:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: EdMcGon http://jubakpicks.com/2010/02/17/so-is-the-correction-over-already/comment-page-1/#comment-4375 EdMcGon Thu, 18 Feb 2010 13:25:07 +0000 http://jubakpicks.com/?p=3155#comment-4375 Here's how the dominos fall after Europe: http://www.bloomberg.com/apps/news?pid=20601083&sid=aA6w5CFG2MG4 Next time you hear a so-called economic expert declare we need more U.S. government spending to stimulate the economy, you can chuckle at his stupidity, realizing that the exact opposite is going to happen. Here’s how the dominos fall after Europe:
http://www.bloomberg.com/apps/news?pid=20601083&sid=aA6w5CFG2MG4

Next time you hear a so-called economic expert declare we need more U.S. government spending to stimulate the economy, you can chuckle at his stupidity, realizing that the exact opposite is going to happen.

]]> By: EdMcGon http://jubakpicks.com/2010/02/17/so-is-the-correction-over-already/comment-page-1/#comment-4372 EdMcGon Thu, 18 Feb 2010 12:55:47 +0000 http://jubakpicks.com/?p=3155#comment-4372 We may actually need to be more bearish over Europe for the coming year: http://www.economicpolicyjournal.com/2010/02/beware-july.html The PIGS have sovereign debt to be refinanced throughout this year. Before you say "no biggie", consider that the U.S. and most developed nations will be deficit spending all year long (increasing the "supply"), and with China and Japan reducing their treasury holdings (decreasing the "demand"), which will increase the cost of refinancing sovereign debt (remember supply and demand works for financing sovereign debt too). Folks, this European debt situation may be FAR worse than anyone realizes. We may actually need to be more bearish over Europe for the coming year:
http://www.economicpolicyjournal.com/2010/02/beware-july.html

The PIGS have sovereign debt to be refinanced throughout this year. Before you say “no biggie”, consider that the U.S. and most developed nations will be deficit spending all year long (increasing the “supply”), and with China and Japan reducing their treasury holdings (decreasing the “demand”), which will increase the cost of refinancing sovereign debt (remember supply and demand works for financing sovereign debt too).

Folks, this European debt situation may be FAR worse than anyone realizes.

]]> By: mopama http://jubakpicks.com/2010/02/17/so-is-the-correction-over-already/comment-page-1/#comment-4370 mopama Thu, 18 Feb 2010 12:38:37 +0000 http://jubakpicks.com/?p=3155#comment-4370 Ed, Touche'! One of my University Professor of mine usually told me: 'We need a plan! But remember, a plan is done to be redone!'. Let's not forget that Global Companies have plan(s) and model(s) that run for more than 25 years in the future. Why shouldn't have a long term plan a long term investor than. Everything should be taken with a grain of salt or two, though! Ed,
Touche’! One of my University Professor of mine usually told me: ‘We need a plan! But remember, a plan is done to be redone!’. Let’s not forget that Global Companies have plan(s) and model(s) that run for more than 25 years in the future. Why shouldn’t have a long term plan a long term investor than. Everything should be taken with a grain of salt or two, though!

]]> By: EdMcGon http://jubakpicks.com/2010/02/17/so-is-the-correction-over-already/comment-page-1/#comment-4368 EdMcGon Thu, 18 Feb 2010 11:53:46 +0000 http://jubakpicks.com/?p=3155#comment-4368 mopama, I wouldn't make a market prediction for 4 years from now. Although I think we can safely say that the market won't be bullish this year. We'll get a few tiny bull runs, but that's it. mopama,
I wouldn’t make a market prediction for 4 years from now. Although I think we can safely say that the market won’t be bullish this year. We’ll get a few tiny bull runs, but that’s it.

]]> By: mopama http://jubakpicks.com/2010/02/17/so-is-the-correction-over-already/comment-page-1/#comment-4365 mopama Thu, 18 Feb 2010 07:40:39 +0000 http://jubakpicks.com/?p=3155#comment-4365 NB, No it wasn't that one and it was a while ago. Anyway, the results are similar. I remember reading also that market 'normalization' (for what that means) would occur only in 2014. NB,
No it wasn’t that one and it was a while ago. Anyway, the results are similar. I remember reading also that market ‘normalization’ (for what that means) would occur only in 2014.

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