tag:blogger.com,1999:blog-6616959642391988608.post5263976949639757209..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: The aftermath of the housing bubble looks good for equitiesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-58289318845027855042012-03-23T06:52:53.724-07:002012-03-23T06:52:53.724-07:00The nature of profits in the era of Obama are driv...The nature of profits in the era of Obama are driven by cost-cutting and reduced interest costs thanks to the Bernanke Fed. These are low quality profits which is why they get a low multiple from investors. Companies are about as lean as they are going to get and borrowing costs are as low as they are going to get, so there is scant room for progress on the earnings front. And companies with Donny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40482821742112533612012-03-22T19:16:44.232-07:002012-03-22T19:16:44.232-07:00The Fed sold debt at negative-0.089% yields in a s...The Fed sold debt at negative-0.089% yields in a sale of $13 billion of 10-year TIPS -- is anyone listening...?McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42486051097624076242012-03-22T14:19:19.048-07:002012-03-22T14:19:19.048-07:00Yes, we are on the cusp of secular bull markets in...Yes, we are on the cusp of secular bull markets in equities and property.<br /><br />The Fed and ECB may soon begin to target growth, and not peevishly fixate on inflation. <br /><br />It may be that a Romney victory and then a more growth-oriented Fed will set off a rally of epic proportions. <br /><br />However, even with Obama, corporate profits have skyrocketed, and inflation is dead. The Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28100725799702473272012-03-22T13:02:59.424-07:002012-03-22T13:02:59.424-07:00I couldn’t agree more but I foresee the rotation &...I couldn’t agree more but I foresee the rotation & improvements to be slow.<br /><br />I don’t see upward mobility in the future for say 65% of the population due to structural reasons. Prices for everything are too high for them and will continue so. I don’t see the economy flourishing until the top 35% do really really well and carry the rest at minimal life styles.<br /> <br />InflationSquirehttps://www.blogger.com/profile/14088030568579672500noreply@blogger.com