Why Bubbles Will Likely Continue
Source: http://briskycapital.blogspot.com/2009/09/why-bubbles-will-likely-continue.htmlPosted on Monday, September 14th, 2009 | In Energy Markets, Investing Lessons, Market Commentary
Since this crisis started, I have stressed that we’ve taken no real long-term steps to repair our financial system, but rather put a band-aid on it. You can’t cure a problem involving excessive leverage by more borrowing. a href=”http://pragcap.com/after-the-boom-there-will-be-a-bust”The Pragmatic Capitalist has a post out that can cover it better than I could, so I’ll just refer you there for the rest/a. Keep in mind, even if what this analysis says is true, it doesn’t mean stocks are doomed. Stocks will always be forward looking and can dislocate from economic reality, for awhile at least. Eventually, things will balance out. Oh, and now is not a great time to start slapping tariffs on Chinese goods. Just throwing that out there.div class=”blogger-post-footer”img width=’1′ height=’1′ src=’https://blogger.googleusercontent.com/tracker/819581243324579563-3505665124198021756?l=briskycapital.blogspot.com’ alt=” //div
Last 5 posts by Michael E. Brisky
- More of the Same - November 11th, 2009
- Picked up Some RHIE - November 10th, 2009
- Loews Still Attractive - November 9th, 2009
- Tii Network Technologies Reports - November 9th, 2009
- Not So Fast, Bears... - November 9th, 2009
 About Michael E. Brisky (http://briskycapital.blogspot.com)
Welcome to "In the Know." Here I discuss macro trends in the market, and how I think investors can profit from them. I particularly follow energy stocks and other beneficiaries of secular growth. My investing style would best be described as a hybrid. A hybrid of value and growth; of fundamental and technical analysis. I think you have to be flexible to be a successful investor, but also disciplined. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.