Archive - May 21, 2010 - Blog entry

Dr. Doom sees stock market to sell off another 20% in the next few months. This time, I will not argue with the man.

Not just because you want to talk with that cute hippie chick about something you think she's interested in ...

The companies who make microgeneration possible will make BEAUCOUP bucks. And please remember that the whole partisan left-versus-right show is a false dichotomy.

Are people who don't want to rely on rubbing two sticks together to obtain all of their energy needs "conservatives"?
Are people who don't want their livelihood as fishermen trashed "liberals"?

Are people who want energy security - so that oil-rich countries can't blackmail us - "conservatives"?

Are people who don't want to drink life-shortening, virility-neutering mud in their water "liberals"?

The Fed is in for a big surprise when they realize that "excess capacity" has nothing to do with inflation. Their latest policy is founded on this concept. These pre-'Copernican' Fed economists need to understand that they create inflation. Perhaps they should just look at these charts. Good luck when they try to sell their toxic assets.

Here are 10 gold charts that every global commercial investment firm is terrified to show their clients.

Although early stage delinquencies are improving in the aggregate, the mass of both early and later stage delinquencies are continuing the trend of moving from the usual suspects of the sunshine belt boom states of Florida, California to middle America and states such as VA, NC and RI, who lead the loss pack in several categories - even beating FL and CA for several quarters running. Take note that some of these states never experience a big boom, but are suffering the bust anyway...