Wednesday, October 03, 2007

"Anti Spin" via Peter Schiff

The first clip is quite unfair. The counterpart from Peter is just lousy. Makes the clip even more fun to watch.

Der erste Clip ist schon fast als unfair zu erachten. Der Typ der den Gegenaprt von Peter übernimmt ist hoffnungslos überfordert. Es ist zu befürchten das er und andere das Gesagte auch noch tatsählich glauben......


Peter Schiff On CNBC

Peter Schiff On CNN

I´m not so sure about the comment from Glenn Beck on Keira Knightley in the CNN Interview....

Was Keira Knightley angeht bin ich nicht so sicher ob Glenn Beck von CNN Recht hat.........

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4 Comments:

Anonymous Anonymous said...

Sogar:

Strong words from Ambrose Evans-Pritchard.

I find it more and more difficult to go along with such Überpessimismus.

Meine Ansicht: Wir werden sehen.

eh

4:52 AM  
Blogger jmf said...

Mahlzeit,

i´m not so sure if this is pessimistic or just realistic.

But it´s one way to be pessimistic and another one to bet against it.....

Did you see the
last hour Hang Seng trading
?

5:05 AM  
Blogger jmf said...

U.S. Sept. ISM services prices 66.1% vs 58.6% in Aug.

7:09 AM  
Anonymous Anonymous said...

Hi J-M,

The markets now seem to mostly shrug off any and all bad news. I would not be surprised to see the US end the day up, and then proceed to new highs by the end of the week.

I'm starting to be convinced that subprime etc will be stage managed well enough to stabilize the markets. People -- "investors" -- have confidence in this, which is absolutely key, because it will keep them in the markets in a climate of falling interest rates. Even if it means noch mehr rate cuts, and even if these rate cuts mean the dollar will fall further. The housing pain in the US can probably be strung out over a long enough time that its impact during any one quarter or even year is not significant, i.e. threatens a recession. And even if it starts to look like a housing/foreclosure-led recession is in the works, the federal government will take action -- some sort of action to mitigate the impact. A taxpayer bailout will be seen as the 'lesser of two evils' by everyone whose opinion matters -- this is becoming clear.

Zusammenfassung: Ehrlich gesagt, I now have serious doubts that in the near- and mid-term future we will see a bear market worth trading on. I just see no sign of it.

eh

7:52 AM  

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