Financial Vagabond

… is exactly where the market was back in March when the S&P 500 hit 666.  Everyone thought the world was coming unhinged, and well it was and still is.  However, not everything comes tumbling down instantly.
With every play there are acts, and at some point the climax.  Without the climax how can we have [...]

Bonds, bonds, bonds…  United States Government bonds ARE the safest investment in the world besides cash.  Right?  They are aren’t they?  I mean they are backed by the taxing power of the United States Government so they have to be.  Well, sure you will get your money back at a measly 2.x% these days.  Isn’t [...]

Hold your hats folks as here are some of the forecasts for 2009 (link):

GDP falling by 2.2%
Slow recovery in 2010
> 9% unemployment by 2010
Decline in inflation (hmmmm… if monetary policy says anything this will reverse or at least eventually destroy the dollar)
Continued decline in housing prices
Decline in real consumption of more than 1%
Indeterminate on the [...]

Christmas is past, New Years on the horizon, hope for change lingers in the air like a slow moving mist.  2008 will go down in the history books.  Oh it was memorable, but like a lemon is bitter.  Collapse oh what collapse the economy is fine.  Bush reassured us that the fundamental of the economy [...]