tag:blogger.com,1999:blog-6616959642391988608.post7576264000266236270..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Equity rally updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-4328417573817257242010-01-12T13:59:01.521-08:002010-01-12T13:59:01.521-08:00If you don't like aphorisms how about NIPA cor...If you don't like aphorisms how about NIPA corporate after tax <br />post 1170 on January 29th and because a 1 to 1 ratio to the S&P 500 is cheap.AND 1170 would be the quarterly average....we are going to break 1200 this quarter.broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17418336509540975082010-01-12T05:11:57.553-08:002010-01-12T05:11:57.553-08:00if we all know that bull markets grow on skepticis...if we all know that bull markets grow on skepticism can they grown on skepticism? is this the "third order" keynes old maid insight?septizoniomhttps://www.blogger.com/profile/14253705209662419429noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-61895994725812832242010-01-11T23:11:21.919-08:002010-01-11T23:11:21.919-08:00Sir John Templeton said " Bull Markets grow o...Sir John Templeton said " Bull Markets grow on skepticism"<br /><br /> He also said they mature on optimism....we are still in the skepticism stage....broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-39372491542314493652010-01-11T21:24:26.574-08:002010-01-11T21:24:26.574-08:00BTW--
People think because I criticize the R-Part...BTW--<br /><br />People think because I criticize the R-Party and ag and defense spending, I must be a liberal loonie. No way.<br /><br />I am a loonie, but against chronic federal deficit spending. I know the D-Party is feckless as well.<br /><br />Imagine the shot of confidence that would run through markets if we could have assurance that deficit spending was coming under control.<br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-89101609742436390482010-01-11T17:49:46.517-08:002010-01-11T17:49:46.517-08:00Scott:
A little off point:
I have heard someone sa...Scott:<br />A little off point:<br />I have heard someone saying a bubble and melt down in China. If this comes about I wonder if China might have to sell off their US Bonds. Also what are your thoughts about India and if positive do you have any idea about what possibly be a way to go about it. Your thoughts abot these issues.<br /><br />As always, Thank you,<br />JayJay Norman Davishttps://www.blogger.com/profile/12937028864526660392noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55718829408801304872010-01-11T17:46:46.040-08:002010-01-11T17:46:46.040-08:00Benjamin: thanks, and you're very right--if an...Benjamin: thanks, and you're very right--if any good comes out of the current fiscal catastrophe that is unfolding it could be extremely positive. I think the political winds have shifted enough to make that a real possibility. The country is getting an appreciation for fiscal responsibility like it hasn't had for a very long time, thanks to the 1-2 combination of reckless spending from Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-85035259356165192342010-01-11T17:44:04.587-08:002010-01-11T17:44:04.587-08:00michael: The Fed first gave us zero FFs because th...michael: The Fed first gave us zero FFs because they (correctly) realized that they needed a massive increase in money supply to match the massive increase in money demand that resulted from the Lehman panic; this was necessary to avoid deflation, and it succeeded awhile ago in averting this major threat to the economy. Since then they have felt (incorrectly) the need to continue with zero rates Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-3334003063520080472010-01-11T17:22:07.556-08:002010-01-11T17:22:07.556-08:00The two latest posts are excellent.
As a financia...The two latest posts are excellent.<br /><br />As a financial reporter, I have reported through several cycles since the late 1970s. <br /><br />In one regard, recessions and booms are the same: Near the top of every boom, the pundits tell you why this time things are forever changed for the better, the dot.com boom, and the "California real estate will never depreciate as there are barriersBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4683457190290507002010-01-11T14:46:25.634-08:002010-01-11T14:46:25.634-08:00not buying your readnot buying your readUnknownhttps://www.blogger.com/profile/15338036915968647131noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40056653179495545882010-01-11T14:45:45.384-08:002010-01-11T14:45:45.384-08:00is zero percent fed funds what we find with solid ...is zero percent fed funds what we find with solid economic growth?Unknownhttps://www.blogger.com/profile/15338036915968647131noreply@blogger.com