Archive for 'Investments' Category
Roubini bullish on everything! Psych!
4 October 2009 by Christopher SuleskeNOURIEL Roubini states the (I think) obvious:
“Markets have gone up too much, too soon, too fast,” Roubini said in an interview in Istanbul on Oct. 3. “I see the risk of a correction, especially when the markets now realize that the recovery is not rapid and V-shaped, but more like U- shaped. That might be [...]
Here we go again
9 September 2009 by Christopher SuleskeAPPARENTLY not having learned a lesson, and searching for a new income stream, Wall Street is crafting yet another class of derivatives, this one particularly morbid. Writes Ian Mathias:
Since it worked so well the first time around, Wall Street has spawned a new age of securitization — instead of mortgages, this time it’s life [...]
Public finances put into personal terms
2 September 2009 by Christopher SuleskeThese findings underscore the importance of beginning the learning process as early as possible. Indeed, in many respects, improving basic financial education at the elementary and secondary school level is essential to providing a foundation for financial literacy that can help prevent younger people from making poor financial decisions that can take years to overcome. [...]
Excellent unadvertised counsel (the ideal sort)
1 July 2009 by Christopher SuleskeI am still processing this read. It’s an interview with Ray Dalio, a well-respected Chief Investment Officer with an excellent track record. More importantly, he pulled out nearly 10% gains last year because he’s been on the watchful end of our economic situation. He appears to know what he’s talking about and [...]
Why mortgage rates are climbing and why inflation is looming
15 June 2009 by Christopher SuleskeCourtesy of Rachel Beck @ the AP:
“If the meltdown continues in the bond market, then mortgage yields will soon be at levels that choke off refinancing activity,” said economist Ed Yardeni, who runs his own investment firm. “Even worse, they could abort any necessary recovery in home sales and prices.”
Yardeni coined the term “bond vigilantes” [...]
Numbers lie
20 May 2008 by Christopher SuleskeONE of the most important truths I’ve learned insofar as communication, that is, how we impart statistical information, is that raw numbers are meaningless out of context. Said another way, numbers lie. More accurately, liars lie… with numbers.
As I was driving to work last week, I heard twice over the span of 20 [...]
With so many fat ladies around, here’s hoping none of them can sing!
26 October 2007 by Christopher SuleskeWORD is one of the few financial minds I really respect, Jim Rogers, is so down on the dollar that he’s out of all dollar-denominated holdings. I’ll make a point of checking my retirement allocations again tomorrow. Quite a bit has been in gold and foreign equities and we have profited.
So why is [...]
Keeping up with… yourself
6 August 2007 by Christopher SuleskeIF you aren’t keeping up with the proverbial Joneses, why not? Read this NYTimes piece and catch up, man! Does bring up a good point, one I’ve made a few times, that a million or two hardly makes one “rich”. My current expenses are such that 5% interest on $1million, after taxes, [...]
Cramer blows his stack
6 August 2007 by Christopher SuleskeJIM Cramer loses it. Do you believe it’s as bad as he thinks it is? Is the Federal Reserve clueless?
UPDATE (2007.08.07 10:09) – My father in law and I discussed this and he is of the opinion that Cramer’s histrionics are largely rooted in his less than complete embrace of the free market [...]
The next big thing
1 August 2007 by Christopher SuleskeThe FCC decided yesterday to experiment with governing the nation’s radio spectrum, the hugely valuable broadcast rights that enable TV and radio stations, cell carriers, and other wireless devices to operate without interfering with one another. The commission was setting the rules to auction a chunk of the spectrum that’s becoming available because TV stations [...]