Archive - Jan 2012 - Blog entry

Is December 2012 a great contrarian buying opporunity?

Have we set the MSM on FIRE! Let's see if a trend was created. 18 hours after warning on the insurance sector, record losses were announced!!!

How many of those millions of dollars in cars does the "Foreclosure King" still have? How is he able to stay so warm and cozy in his castle on the intercoastal in Ft.Lauderdale staring out at his 100 foot yachts and where is the Florida Bar in all this?

Is idiosyncracy the substitute for a fledgling Sovereign Bond Market?  Including our recommendations for 2012

Construction trends may be good for incumbents, but for homeowners, banks, and taxpayers, they're costly....

Writing as someone who was strongly stock-oriented for most of a long investing career, I can assert that at today's low dividend yields, it is difficult to see stocks as strong trees on which to rely. The Smithers parameters provide cautionary evidence for the bulls who point to current "low" price-earnings ratios and "sunny skies almost forever" views of corporate profits and predict stock market returns well above bond yields for years to come.

The Inmates Are Running the Asylum

"They got lies so big... They don't make a noise... They tell 'em so well... Like a secret disease... That makes you go numb" --Frank Zappa

The iconoclastic outcast being called in to shake things up a little. I'll appear on CNBC @2:30 with my outlook for 2012. I'm not shy about my track record & here's what I'll have to say.

Once upon a time,...

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety."

I am betting that we will see lower prices before higher as there are few bears (i.e., no short covering) and as the time for the bulls to have taken the reigns of this market have long since past.

When losing is "winning".

Plus more...

The new year’s worldwide economic downturn has an interlocking effect: every national economy is searching to accommodate itself politically as well as economically to what looks to be an extended period of low growth. After longer or shorter periods of historically unrivaled prosperity, they are feeling for a “bottom” – a level to wait out new growth. That is the proverbial “soft landing”.