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November 5, 2010
Mobius, Citigroup See Record Emerging-Market Stock Rally as Economies Grow
“The weak, but not recessionary, macro situation in developed countries is a ‘super-Goldilocks’ environment,” Dennis, Citigroup’s New York-based emerging markets strategist, wrote in the report. “The underlying conditions that have driven markets higher over the past few months remain in place and are likely to do so for several more quarters.”
Sure thing! Woohoo!
“I’m pretty optimistic,” Mobius said. “I don’t see any risks any time soon. These things can last for years and years.”
Can't lose! Woohoo!
November 21, 2007
Happy Thanksgiving
Three More Years of Goldilocks? - Larry Kudlow
ICE: Mortgage Delinquency Rate Increased Year-over-year in October
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From ICE: ICE First Look at Mortgage Performance: Serious delinquencies hit
17-month high while foreclosure activity remains historically muted
• At 3.45% ...
2 hours ago
6 comments:
HSBC warns of emerging market slowdown
HSBC said: 'Our latest data from emerging markets points to a slowdown in the rate of recovery and the likelihood of some bumps in the road ahead.'
Those are risk free bumps of course.
Michael Geoghegan, chief executive of HSBC, Europe's largest listed bank, said there is a risk too many banks are seeking to lend in emerging markets.
Look buddy. You need to stick with the program. According to modern innovative financial theories, all that matters is the borrower's ability to fog a mirror.
And what's up with this "too many banks" theory? Everyone knows we need at least one bank per person just to keep up with credit and/or population growth, lol. Sigh.
According to modern innovative financial theories, all that matters is the borrower's ability to fog a mirror.
Nice!
I see that 30 year treasuries are yielding 4.12% and 30 year mortgages can be had for 4.24% interest.
Oh yeah, that makes a world of sense. They must be using magic mirrors that fog themselves.
I am already reading serious discussions of QE 3!!??? I am glad it is friday.
mab & GYSC,
The key to wealth building is to never worry about how much you pay for an asset but instead concentrate on the asset's financing charges.
It is a fantastic strategy for buying new homes, new cars, new stereo equipment, new big screen TVs, new washers, new dryers, new refrigerators, new roof repairs, new lawn mowers, new coffee, new gasoline, new food, and new handbags/handbaskets. Just keep those monthly payments low and nothing can go wrong!
As a side note, we cannot get to our final destination without handbags/handbaskets. Might want to move them further up the priority list.
Is It True That Coach Purse Made In China Are Fake?
Not true. I have real Coach purses, bought directly from a Coach store, that have tags that say made in China.
What a relief that must be! One can only imagine the sheer panic of not knowing for sure if you overpaid for your handbag/handbasket.
QE2 is fooling you
Anonymous,
Foolin
On and on we ride the storm
The flame has died, and the fire has gone
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