?The US has repositioned itself better than any of its global competitors. Americans are doing what they do best. They?re adapting, they?re moving, they?re finding good, and they?re surviving. That?s where we need to be,? said Tom Barrack, CEO of Colony Capital, and a former principal of the Bass Group.
After spending all of this year ignoring the fiscal disaster that the US is facing at the end of 2012, markets are finally taking off the blinders. That might explain why the S&P 500 has dropped 4.3% so far from its April 1 peak and why it may have more to come. Remember the debt
I am a numbers guy. Show me the data and I?ll draw my own conclusions, ignoring conflicted brokerage research, the paid talking heads on TV, and all the politically motivated garbage pumped out by industry sponsored fake research institutes. I am also a glass half full kind of guy, willing to make a positive interpretation
With gasoline prices staying stubbornly high, the number of hybrid and electric cars manufactured is soaring skyward. Toyota Motors (TM) is far and away the biggest beneficiary as the world?s largest manufacturer of hybrid cars with its Prius family that now extends to five models. Nissan Motors (NSANY) is expected to complete construction of a
?The biggest tumor that we are now facing for the economy is the shadow inventory of housing. We now have six million units that are delinquent, in default, or foreclosed, and 15 million other units for sale. Demographic demand can only soak up one million units a year. It is the biggest dilemma for homeowners,?
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 20. An excellent meal will be followed by a wide ranging discussion and a 60 minute question and answer period. I?ll be giving you my up to date view on
There is never any guarantee that a government agency will not do something idiotic. This time it didn?t, thankfully. The Federal Energy Regulatory Commission (FERC) granted the final license needed by Cheniere Energy (LNG) to build the first of two liquifaction plants at Sabine Pass on the Texas Louisiana border on the Gulf of Mexico.
At the Orlando Money Show in February I recorded three videos, which readers can watch for educational purposes. I cover the coming disaster in Japan, the current state of technology in electric cars, and the long term opportunities in India. They are only about five minutes in duration each. If you want to see how
I ran through a number of charts provided by my friends at Stockcharts.com, and as a person who has been piling on the shorts for the past two weeks I was greatly encouraged. Almost every single one was pregnant with gloomy implications. This is all happening a mere 12 days before the Great Escape in
?Real estate is always the drunk driver of the economy. Usually the problem is oversupply. This time it was an oversupply of debt,? said Tom Barrack, CEO of Colony Capital, and a former principal of the Bass Group.