The hand

Total Rating:
+80 / -34

534 Comments

    • Sat Nov 22nd 01:58 AM | Rating: 0 0
      Commented on:
      What Can the U.S. Learn from Japan?
      also in smarty_pants' camp. government debt is coming close to historical gdp levels. piling on more debt will put is back into a recession when the economy ever recovers.

      what is not commonly appreciated is that government spending will have to increase regardless because of the shortfall of revenue to the various states. the states provide the safety nets - and they will not have the revenue.

      obama simply will not have the economic weapons to stimulate or mitigate this economic downturn without significant downside risk.

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    • Sat Nov 22nd 01:26 AM | Rating: 0 0
      Commented on:
      Investors React to the Markets Like Deer in Headlights
      eric....
      i am commenting so i can remember this post because of your prediction of when the recession began, and when it will end. i have my own thoughts of when it began - but it is nasty to predict any end date when economists are stating this is the worst they have seen in over 60 to 100 years.

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    • Fri Nov 21st 21:38 PM | Rating: 0 0
      Commented on:
      Panic-Crash Sentiment Causing Market Volatility
      invest-in-a-farm you have shown a great understanding of historical geo-political monetary evolution. your perspective on the events was very different than my understandings - that does not make yours wrong.

      however, what you are proposing just will not happen because of politics. i do suspect some day, people will get tired of currency fluctuations and some world currency will evolve based on commodities or a bread-basket of currencies or ???


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    • Fri Nov 21st 21:08 PM | Rating: 0 0
      Commented on:
      Citigroup: The End Draws Near
      the author is trying to tell you that Citi is too big to manage, and that is the message i took away from this article. i did not get the impression he was predicting it was going to fail.

      from my experience, i can tell you that you cannot directly scale up (or down) business models. when you do - any and all models will fail. at a certain point you must reorganize, and unfortunately that point is always at an economic downturn because that is when it becomes very obvious.

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    • Fri Nov 21st 20:58 PM | Rating: +1 0
      Commented on:
      5-1/2 Ways to Make the Market Rally
      we have bubble in real estate prices. they have over run the buyers ability to pay, and streaked ahead of the cost to rent. we must be careful in our solutions to avoid solutions which prevent housing values to seek their proper level.

      the world is going into a recession. europe actually was leading the way. the baby boomers are beginning to pull up stakes. the world economy needs to find a new level - and therefore the market needs to find a new level based on a world order where the baby boomers are not major contributors.

      the debt to net worth ratio of americans is as high as 1929. this is unsustainable - and there is a correction happening now. the market needs to find a new level corresponding to a consumer segment less credit driven.

      all the heroics of the government to shore up the economy is costing us money which is on top of a national debt rapidly approaching historical highs relating to gdp. we need to be careful if what we do.

      i would not recommend any actions right now until things settle down. there will be unintended consequences.


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    • Fri Nov 21st 05:36 AM | Rating: +1 -1
      Commented on:
      The Worst Bear Market in Modern History?
      why not consider the bear market began in mid 1999. we would only be down 30% - and we would then have the longest bear market in history. we should always try for records whenever possible.

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    • Fri Nov 21st 05:20 AM | Rating: +1 -1
      Commented on:
      Boom Time Era McCarthyism
      and what equities do you suggest we buy?

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    • Fri Nov 21st 04:39 AM | Rating: +2 0
      Commented on:
      GM: Buyout Better than Bailout
      my head hurts. i have a suggestion.

      i am sure the uaw and afl-cio has a few billion laying around in retirement funds. let them buy the company, and put at risk the retirement of all their members. then, when they turn the company around - they can each buy their own island in the south pacific. the union, at this point, has the most to lose and the most to gain. the shareholders are close to being wiped. let them hire one of those turn around geniuses. keep the government out of things.

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    • Fri Nov 21st 04:25 AM | Rating: +1 -2
      Commented on:
      Why This Isn't Financial Armageddon
      "I suspect that in other brighter parts of the world, similar scenes will be found. Yes, we’re affected, but not significantly enough to change our habits - not yet, at least. The point is that we’ll be of help. The end of the world is not yet so near."

      ah, the sound of capitulation. everything will be better now - NOT.

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    • Fri Nov 21st 04:21 AM | Rating: 0 0
      Commented on:
      Big Media Fearmongering Drives Stock Market Lower
      i will bet Liesman & Gasparino are laughing their a$$ off about this post. how about bad market fundamentals and a really bad recession drove the market down along with programmed selling and redemptions were the cause of the market drop.

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    • Fri Nov 21st 00:09 AM | Rating: +1 0
      Commented on:
      Gold in the Low $600s?
      "Moving to Thailand in this economic crisis is like trying to find shelter from a wildfire in a fireworks factory." - jimmy lathrop

      i would be careful about throwing out baseless crap. your claims about the rule of law are laughable - and for a expat, thailand pretty much beats anywhere in the world. the political turmoil in thailand is peaceful open dissent relating to a former prime minister - and the few incidents of violence are from a radical islamic group not supported by the general population of the south. i would have no hesitation of living in thailand - and most places are significantly cheaper than the usa.

      "It wouldn’t surprise me if in our lifetimes we never see gold back below $700/oz.rised if gold never again drops below $700 an ounce in our lifetimes." - jeffrey nichols

      i would agree. the reason is simply the uncertainty about tomorrow will cause a flight to gold and will build a foundation under this price level.




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    • Thu Nov 20th 23:38 PM | Rating: 0 -1
      Commented on:
      The Lost Bull Market of 2002 - 2007
      hello ..... why was 2002 to 2007 a bull market? i call it a bear market which began in 2001.

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    • Thu Nov 20th 23:35 PM | Rating: 0 0
      Commented on:
      The Impact of Greater Uncertainty
      smarty_pants is right. the government is broadcasting the economy is out of control and there is nothing they can do. changing their mind on the use of the tarp is no big deal - except for those who were standing in line to benefit.

      i love all the analysts explaining the reasons for what is happening, and what must happen for it to get better. for me, the market got out of balance with leverage and greed - and is simply correcting to levels which properly correspond to their real worth. just do not stand in front of the bus.


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    • Thu Nov 20th 23:12 PM | Rating: +1 0
      Commented on:
      Ugly
      "The problem is that falls of this magnitude become self-fulfilling"

      the market is over-leveraged with debt and hedges. the only self fulfilling event is that history has told us before not to walk out on this limb. things are good when they are good, but an economic stumble causes a leveraged market to simply crater.

      "Maybe the company is willing to ride out this storm and keep us all safe and dry. Uh huh, and maybe I work for a non-profit corporation NOT!" - jadziasman

      scene early eighties, i was a group manager in london for a multi-national. the world's economy was going in the toilet and i, as a manager, am responsible for profitability. among many different solutions implemented, i elected to downsize by 1,000 in my unit. the selection of the 1,000 was excruciating. i personally did the deed over 30 weeks. layoffs were always on friday mornings. i never slept on thursday nights, and i cried in the toilets during lunch on fridays.

      i refused to accept any more assignments in corporate management (worked only in project management). just reading your comments brought back the vision of the glassy eyed look of the victims of termination (same look as cattle have going to slaughter). good luck.

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    • Thu Nov 20th 22:39 PM | Rating: 0 0
      Commented on:
      The Uptick Rule: Mr. Cox, Is It Really That Devilish?
      although i want the uptick rule (and it being enforced), it is a coincidence that it corresponded in any way to the decline. the uptick rule in a properly functioning market should act as a shock absorber to volatility.
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