It is easy to rant about the economic condition of this country and the world. It is, quite simply, horrible and terminal. The US economy, like a zombie, staggers around half alive and half dead in its own special purgatory. The other developed social welfare states of the world are in similar condition. This blog frequently […]
Neither President Bush’s nor President Obama’s economic policies brought this recession. The event was preordained from years of governmental economic mismanagement and intervention. The crisis could have come sooner, or later. It happened on Bush’s watch. Now Obama must deal with it. The insanity of current economic policy has been dealt with here before. Keynesian […]
For some serious economic analysis, I recommend this piece from Hoisington Investment Management. I was provided courtesy of John Mauldin whose introductory to the piece is also worthwhile: Tax Consequences: From Gain to Drain The American Taxpayer Relief Act has lifted the immediate uncertainty of the fiscal cliff. Nevertheless, tax increases that are already in […]
The US and other modern industrialized nations are headed for economic collapse. Political excesses created unwieldly and insolvent social welfare states in every modern democracy. The notion of providing for those who cannot or do not provide for themselves has limits. As Lady Margaret Thatcher expressed the problem: The trouble with Socialism is, sooner or […]
The Federal Reserve has spoken, again. And again they have said nothing worth hearing, but done so in serious language and tone. Does anyone consider this quarterly spectacle worthwhile anymore? Every quarter, like some pagan ritual, this scene repeats. Market worshipers treat it as some profound economic emanation that has the potential to re-direct the […]
No matter what Washington believes is good for the country, if it is not perceived as such by its economic actors there will be no economic recovery. No amount of propaganda associated with “hope and change” can alter the first commandment of human behavior — people act in their own best interest. Government policies ignore […]
New Federal Golf Rules President B.H.O. Has recently appointed a Golf Czar. Major rule changes in the game of golf will become effective January 20, 2013. This is only a preview as the complete rule book (expect 2,716 pages) is being rewritten as we speak. Here are a few of the changes: Golfers with handicaps: – Below 10 will […]
Americans by nature are optimistic, can-do people. They have never been restricted by caste, class or birth. They are free to pursue their dreams and destiny. To the extent they are willing to commit and sacrifice, they have always been able to improve their lot. That is changing. Hard work, innovation and creativity are pre-requisites […]
Most readers of this site know what I believe is coming regarding the economy. It is absolutely maddening what is taking place. The government is doing everything it can to keep the current system going. In so doing, they are making problems worse. We will have another Great Depression. The only question is when and […]
Any collection of the top anything is open to question. So it is with this post from Munknee.com. There are items that I would have excluded and others that I would have included. I might also quibble with the order, if it reflects order of importance. However, after these usual qualifications, the list below is […]
Suggested stops for the December rankings are provided below. These are mechanical calculations based on ETF volatility. As usual, the first column represents the price at the end of November and the second two columns represent possible stop levels. One is tighter than the other and whether you choose either or set your own is […]
The December rankings and performance of previous rankings are provided below. Suggested stop levels for each of the rankings will be provided in a separate post. December Selections
This update is based on market-close data as of November 22. Performance is based on beginning of that month’s rankings, assuming they were purchased and held for a full month. Stop placement or early selling would produce different results. So, too would different entry or exit prices. There is no way to account for early […]
The ranking of the 11 ETF Asset Classes routinely followed on this site is shown below. These rankings reflect the latest order produced by the algorithm used to rank individual ETFs. There have been some movements in these rankings reflecting recent market action.
The updated performance through November 13 is presented below. Additionally, the new rankings as of this same date are provided. Performance is based on the rankings as of November 1. The assumption is that you bought and held equal dollar amounts within a category and that you still hold these ETFs. If you entered at […]
Monty Pelerin's World discusses economic, political and financial issues from a free market perspective. All Posts
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