- While I find “Marketwatch” often favorable to the “Don’t Worry, Be Happy” crowd on Wall Street, it does publish articles that go against the “Happy” people’s agenda. The latest homepage is chockfull of worthy reads. I found myself concurring with Bill Gross (despite being 12 years younger than him and much, much poorer) and a few very good articles about the extreme danger the financial markets are now in.
- “All In” may be a good move in poker, but it’s been a deadly loser in stock market history. To those who say “this time it’s different”; that very fact scares the *^#@ out of me!
- Among the most dangerous holdings I see the public undertaking is junk bonds. They say death and taxes are the only guarantees in life. Now well into my fourth decade in and around the financial arena, I believe it won’t be too long before the only buyers left for junk bonds shall be these two men
- As noted in yesterday’s blog posting, John Crudele of the NY Post has been exposing the real truth about monthly employment reports. His latest comment is as all others are – a must read!
I hope you‘ve been encouraged by the Clinton’s that your bills can get paid. Anyone who thought Hillary didn’t like Bill, well….