|
|
||||
|
Since the March bottom over seven months ago, the major stock indexes have rallied an impressive 60%. Certainly, there has been some improvement in our economy since those dreary days where the economic system appeared on the brink of collapse. However, you really must question whether or not the market is getting ahead of itself at this point. I think it’s [...] So by now you’ve probably heard that the Federal deficit is going to reach $9 Trillion dollars within the next 10 years. I feel this spending is so much that most people aren’t grasping how much it really is. To put this somewhat into perspective… this year alone the Federal government will spend $22,000 more [...] Here’s another interview with Mohamed El-Erian on CNBC. Most of it is a restatement of his thoughts from his previous interview which I posted a few days ago… nevertheless, I felt it’s still worth posting. Basically, El-Erian is saying the markets are on a sugar high and it’s unsustainable. I agree with the [...] I found this really interesting chart on calculatedriskblog.com that matches up the lows of the three prior major bear markets and compares it to the market lows we reached in March. It’s a little scary to see that our current market rally is lining up closely to that of the great depression. I guess only [...] Warren Buffett wrote a great Op-Ed in the New York Times today. In the piece, Buffett argues that the current economic stimulus is necessary to get our economy running smoothly. However, Buffett also states that our current rate of spending is unsustainable and that once the economy begins to recover congress must stop the printing [...] Can anyone tell me what’s wrong in this video?
|
 |
|||
|
Copyright © 2010 Generation Y Investor - All Rights Reserved |
||||
Schiff Makes Roubini Look Like An Optimist
As if I haven’t hit you with enough bearish posts these past few days, here’s one more for you from the ultimate bear himself… Peter Schiff. If you don’t know who Schiff is… you should. Schiff is one of the only people to call foul when the sub-prime boom was in full swing. Economists [...]