Why I Will Never Comment on Politics Doug Kass Aug 29, 2012 | 8:28 AM EDT “Business commentators should report, not coach.” http://realmoneypro.thestreet.com/dougs-daily-diary?published%5Bvalue%5D%5Bdate%5D=2012-08-29#why-i-will-never-20120829 Kass writes so clearly and explains so well. This is what I wrote on his blog at … Continue reading
Is the low volume, ever higher Indexes, over? Kass thinks it is! Evidence: commodities stuck at low level, China rockin’ with slowing growth and Gov not intervening, Europe’s depression sitting there with little intervention, Do Nothing Congress continues to do … Continue reading
Cause and Effect: New York Acts Quickly Amid Sharp Rise in Homelessness New York City has turned 316 West 95th Street in Manhattan and other buildings into shelters. By AARON EDWARDS Published: August 10, 2012 The homeless population in New … Continue reading
Romney+Ryan=Nightmare Ryan’s Budget-Cutting Zeal Will Transform Campaign Debt Debate BloombergArticulate, sarcastic and self-confident, U.S. Representative Paul Ryan brings an evangelical fervor to the task of tackling the government’s growing debt. http://finance.yahoo.com/news/ryans-budget-cutting-zeal-transform-130933373.html
When the Market was corrupt and needed reform during THE GREAT DEPRESSION, President Roosevelt hired the most corrupt insider (Joseph Kennedy) to clean it up. And He did! Bush? Obama? nothing! Just more and more signs of corruption. These departments … Continue reading
SAN FRANCISCO (MarketWatch) — Golden years? Not for an increasing number of older Americans who are losing their homes to foreclosure. One of the hardest hit groups: Those aged 75 and older, according to a report by AARP based on … Continue reading
I could hardly believe my ears! Politico just reported on CNBC, that Romney wants USA to go over the “economic cliff”. Would rather have Depression and Crisis than to co-operate with Democrats or Obama, according to Manuu Raju, Politico,Political Congressional … Continue reading
Kass updated his market analysis–good clear read: I have recently downgraded my previously more optimistic expectations for the U.S. stock market, reflecting the confluence of the following four factors, which form a potentially toxic market cocktail.http://realmoneypro.thestreet.com/dougs-daily-diary?published%5Bvalue%5D%5Bdate%5D=2012-07-10#more-fast-times–20120710 Cramer on CNBC … Continue reading
Kass’ article, this morning at promoney on thestreet.com, is an easy read and warning about stock prices based on momentum of price or based on expected profits to stock price. Although it is an easy read, it is not an … Continue reading
Barclay’s LIBOR shenanigans, JPMorgan’s recklessness, Corzine’s manipulation of client money and Company trades, non-stop hawking of anti healthcare-for-all from Republican operatives and TV talking-heads show the depth of money and influence of the .5 percenters on public policy and cost … Continue reading