Washington’s latest bailout scheme will rob you blind for years to come. I object! Sometimes the stuff we talk about here is pretty academic. This country is up… that sector is down. Sometimes it’s all about a specific stock idea that you might care to invest in.
For those of us who predict stuff for a living, this is one of those lovely moments in economics when we know for a fact that only one of two things will happen in the near future. We now know one thing for a fact… that in the first third of the second quarter of 2009, American retailers paid more and sold less, both by price and by unit. Simple arithmetic tells you that this means lower profits.
In a market like this one, it pays to note the subtle differences between ostensibly similar assets. For example, there are car stocks and then there are car stocks. (Yes, I am writing about cars again, but not for the whole column, honest!)
Who says only Gen Xers can appreciate irony? Heck, François-Marie Arouet (a.k.a. Voltaire) was writing about “the best of all possible worlds” back in the heady days of 1759, when snotty wit like that could get you strung up by your thumbs in the Bastille.
Is it the prospect of global recovery or the prospect of inflation that’s driving oil prices higher? Adam Lass says you don’t have to choose – the opportunity for profit is there either way.
How to leverage the lag time between commodity demand and supply into 183% gains. The quote is commonly attributed to architect Ludwig Mies van der Rohe, who certainly adopted the motto wholeheartedly. He and his fellow Minimalists, Walter Gropius and Le Corbusier, invented an entirely new style in which the most perfect home was an empty box, entirely devoid of furniture, or even occupants.
Goldman Sachs thinks you can make 40% on Ford. I think that figure should be a lot closer to 400%. China has finally, truly and wholeheartedly embraced “21st century American-style capitalism.” God help them.
How to make 300% off Washington’s lies. I don’t like to think that I am actually that much of a curmudgeon. I will concede, however, that historically, economically and financially speaking, lies and liars are probably closer to the norm than not.
Massive unemployment? No problem! Adam Lass of the Taipan Publishing Group says that no one is buying luxury goods right now but he gives us two puts in the retail sector that are playing out well during the crisis.
Washington will almost certainly cave in to GM’s extortion. They always have and always will. So, how was the trolley ride to work today? Were you able to get a seat, or did you have to hang onto a strap?