Archive - Aug 18, 2009 - Blog entry
The Healthcare Game
Submitted by Vitaliy Katsenelson on 08/18/2009 14:41 -0500Given my usual warning, I don't want to discuss politics in my writings for two reasons: it bores me to death and I'll upset 55% of my readers. But an investor cannot ignore politics especially today. What happens in Washington doesn't stay in Washington.
Geithner: "Leave Banks Alone!!"
Submitted by PragmaticIdealist on 08/18/2009 11:03 -0500Geithner points out record Wall Street payouts and profits. Ergo, economic recovery imminent.
The China Bubble’s Coming — But Not the One You Think
Submitted by Vitaliy Katsenelson on 08/18/2009 10:15 -0500Financial commentators are obsessively debating whether the recent rise in the Chinese stock market means there’s a bubble — and if so, when it’s going to burst. My take? Who cares! What happens to the broader Chinese economy is what we should really be watching. It will have a far-reaching impact on the rest of the world — much more far-reaching than a decline in stocks.
