Reggie Middleton's blog

As is customary in these times of uncertainty and economic turmoil, the quite timely intellectual giants at the ratings agencies pull up to a burned down house stating that they smell smell something asunder.
Alas, better late than never and yet the Greek government seeks to have even that very late Truth... "Adjusted"!

The Apple RDF (reality distortion field) is running at full tilt, and the pop tech media serves as an outsourced marketing arm for the firm. Actual reporting of the news, not to mention any real analysis, is simply non-existent. I debunk the following Apple.myths - Supply chain lockup = unassailable pricing, customers prefer iPads over everything else, & iPads perform better. Best of all, I actually take it to the streets to let real people decide the truth once and for all. Oh yeah, & here comes that margin compression countdown in 4 quarters, 3, 2, 1!!!

This has to be one of the biggest "I Told Ya So's" of the year! JP Morgan is forced to come clean on the legal liabilities that I have been pounding the table about for two years as Wall Streets sell side coterie and JPM management have managed to underplay for about as long. Now, it looks as if the chickens are coming home to roost...

This request for the REAL THING is what brought down Lehman and Bear, and this is what is knocking on the door of B of A. Fear not BoomBustBloggers and other mathematically inclined investors, the righteous return of the fundamentals is nigh upon us!!! Rejoice in unison...

The Truth! The Truth! YOU CAN'T HANDLE THE TRUTH!!!

Oh, I just love that scene. Doesn't Jack Nicholson deliver?

A significant extension to my 3 minute Q&A on CNBC's Fast Money show yesterday that, in my opinion, provides irrefutable evidence that commercial real estate is about to enter a cyclical bear market. Then again, what do I know...

What!!!???? You didn't get the memo?

To consistently report an association or group's (whose primary reason for existence is to get people to buy more things) marketing mantra as news and analysis is less than completely accurate, to put it at its most favorable (I had a more direct thought here, but I decided to tone it down). Thus, I query, "When Will the Mainstream Media Be Ready To Call The NAR The Sham That It Really Is?"

Is the ECB ready to admit the potential failure of the Great Global Macro Experiment? What will an increase in interest rates bring? Prepare for global cap rate expansion and the potential equivalent for the first global real estate depression...

Can the ECB outspend the Bond Markets? Is Portugal truly Insolvent? Will they default? What happens to rate sensitive assets that are already at depression levels, such as real estate, when rates spike world wide? Why am I asking questions that everybody already knows the answer to???? Well, just in case, here go those answers anyway.

Inflation in China is inevitable. You cannot pack 25 years of growth into 3 years and expect not to pay the piper!

As a Google exec once quipped, does putting two Turkeys together get you an Eagle?

I'm putting together what I see as solutions for the many pricing and valuation problems that I see coming down the pike. If you think real asset markets are a little soft now, wait until rates are controlled more by market forces than by concerted central planning cartels.

A realistic look into just how likely it is that we can experience 20+ years of housing price declines in the US.

Regulatory Capture now appears to be accepted policy procedure as FASB bends over and gives up on even asking financial entities to report accurate market values, leaving only those who spend their lives in spreadsheets and arcane nomenclature capable of discerning trash from treasure. I guess it best that way. The truth has this proclivity to hurt people's feelings, not to mention certain ill gotten gains...