This should be an interesting week in the markets. We have the end of the quarter which typically produces some volatility for the market. We also have the very important unemployment report that will be due out on Friday. The unemployment indicator has become one of most important monthly indicators. Although employment is considered a lagging indicator [...]
Posts Tagged ‘Deceptive Money’
Unemployment Numbers Due This Week
Posted in Unemployment, tagged Bob Brooks, Bush Administration, Deceptive Money, employment, John Mauldin, Obama Administration, Prudent Money, S&P 500, Stock Market, unemployment report on September 28, 2009 | Leave a Comment »
Unprecedented Times Create Unprecedented Events
Posted in Price Levels, Stock Market, tagged bear market, Bob Brooks, bullish, cycles, Dallas Morning News, Deceptive Money, foreclosure crisis, Great Depression, Price Levels, Prudent Money, recession, S&P 500, Stock Market on September 15, 2009 | 2 Comments »
A recent article in the Dallas Morning News states that we just don’t have anything to worry about going forward regarding a “double dip” recession. A double dip recession is one where you go through one recession, the recession concludes, and then it comes back again. Of course, that would mean that the stock market [...]
The Main Question Might Be Getting Answered
Posted in Stock Market, Unemployment, tagged bear market, Bear Market Rally, Bob Brooks, bull market, Deceptive Money, Department of Labor, Elliot Wave Theory, Government, investors, Obama, Prudent Money, Robert Prechter, S&P 500, Stock Market, Unemployment, unemployment report on September 8, 2009 | 2 Comments »
Back in March of this year when the stock market found a bottom, I posed a question that I felt would be “the” question for investors. Is this a bear market rally or is this the beginning of a bull market?
I have felt all along that this is nothing more than a bear market rally. [...]
Hurricane Jimena Offers a Good Example of What Might Lie Ahead
Posted in Financial Hurricane, tagged Bob Brooks, Deceptive Money, financial crisis, history, Hurricane Jimena, Prudent Money, Stock Market on August 31, 2009 | Leave a Comment »
I just got back in town yesterday from a trip with my wife Cheri. We were celebrating 10 great years together. So, I am a little out of touch with the economic data that has come out last week. Plus, this is a slow time of the year. The real action in the stock market [...]
Deceptively Great Stock Market
Posted in Stock Market, tagged bear market, Ben Bernanke, Bob Brooks, Consumer Confidence, credit problems, Deceptive Money, Housing Market, Obama stimulus package, Prudent Money, Risk, Stock Market on August 24, 2009 | 4 Comments »
What motivates the stock market to go up? Well, lately it doesn’t take anything of real substance. A great consumer confidence number could be the reason (even though the consumer confidence report gets the consensus of only 5,000 households), a reduction in the loss of jobs for a month(even though the Government accounting method greatly distorts [...]
Financial Hurricane Getting Stronger
Posted in Uncategorized, tagged bank failure, banks, Bob Brooks, Colonial Bank, Deceptive Money, FDIC, Federal Reserve Board, Financial Hurricane, Government, Government Bonds, Prudent Money, Treasury Department, treasury securities, unemployment crisis on August 17, 2009 | 2 Comments »
In 2006, I was writing to my clients in my private client letter about what I felt was occurring in the financial markets. I described what I felt was coming as a Category 5 hurricane. I think that I even named it Hurricane Greenspan at the time. Although he is a distant memory, he had [...]
Unemployment Reports Better than Expected – Are we in the clear?
Posted in Unemployment, tagged Bob Brooks, Deceptive Money, Department of Labor, jobs, media, Obama, Obama Administration, Prudent Money, recession, S&P 500, Unemployment, Wall Street on August 10, 2009 | 1 Comment »
The recession is declared to be over or over soon states many media outlets on Friday. Unemployment was not as bad as expected and it appears that we are starting to lose less jobs. All of that is good news and it took the media and Wall Street no time at all to react positively.
I [...]
Has the Housing Market Bottomed?
Posted in Housing Market, tagged adjustable rate mortgage, Bob Brooks, Deceptive Money, economic data, foreclosure, foreclosure crisis, Government, housing recession, market rebound, Prudent Money on August 3, 2009 | 1 Comment »
“Worst of the housing recession is now behind us” declares one economist. New home sales rose last month at the fastest clip in more than 8 years. There is a good reason why home sales are increasing but there is another reason not to get too giddy over this economic data.
First, prices are falling to [...]
The Bear Market has to be over…Right?
Posted in Stock Market, tagged bear market, Bob Brooks, credit/debt crisis, crisis, Dallas Morning News, Deceptive Money, financial crisis, Prudent Money, recession, S&P 500, stock market rally, stocks, Unemployment, Wall Street on July 27, 2009 | 3 Comments »
Those of you who have been reading my analysis are probably wondering when I am going to throw in the towel and just admit that the bear market is over and start talking about buying stocks again. Well, I hate to disappoint you. It is not going to happen yet. Let’s take a much bigger [...]
Will the Government Bail-Out CIT?
Posted in Government Bail-outs, tagged AIG, bail-out, banking system, bankruptcy, Big Brother, Bob Brooks, bondholders, Cit, debt, Deceptive Money, financial system, GM, Leham Brothers, Market, President Obama, Prudent Money, S&P 500, taxpayer dollars on July 20, 2009 | 2 Comments »
Have you heard of CIT Group? CIT is a company that lends money to about 1 million small and medium size businesses and has about 40 billion dollars in debt. They are a pretty big player in the lending business, a company mired in debt, a company on the verge of collapse.
In the event they fail, [...]
Summer Time Blues
Posted in Stock Market, tagged Stock Market, Bob Brooks, Prudent Money, S&P 500, Bear Market Rally, Deceptive Money, stock market rally, Risk, Wall Street, Price Levels, stock, investors, long-term bear market, closing level on July 13, 2009 | 2 Comments »
Well, I took the wrong time to take a vacation. A great deal of very important things occurred last week in the stock market and investors should be extremely cautious. This morning I will take some time to get you caught up on what is occurring with price levels as well as what I believe [...]
Here Comes the Unemployment Numbers
Posted in Unemployment, tagged birth/death ratio, Bob Brooks, bullish, Deceptive Money, Government, Prudent Money, S&P 500, Stock Market, unemployment number on June 29, 2009 | 1 Comment »
If you are bullish on the market (positive), then you had to like the fact that we fell into a dangerous area (around 896 on the S&P 500) and then rebounded. We ended the week on not such a hot note. However, we ended above the danger zone. So, what are we looking at this [...]
Markets on Shaky Ground
Posted in Stock Market, tagged recession, Bob Brooks, Prudent Money, bear market, Deceptive Money, stock market rally, Wall Street, John Mauldin, economy, deflation, WWII, S&P, Consumer Price Index, inflation, Federal Reserve Board Meeting, Treasury on June 22, 2009 | 2 Comments »
Wall Street (which drives me crazy) calls even the smallest bit of good news “green shoots.” The analogy is that grass starts to grow in the form of a “green shoot.” Well, I have many “green shoots” in my yard right now. Unfortunately, these green shoots are weeds more than anything. John Mauldin made a [...]
The One Main Reason Why This Bear Market In Stocks Is Not Over
Posted in Stock Market, tagged adjustable rate, bear market, Bob Brooks, Deceptive Money, foreclosure crisis, interest, investments, loans, mortgage companies, principle, Prudent Money, refinance, Risk, stock-based mutual funds, stocks on June 15, 2009 | 4 Comments »
As an investment manager, I am constantly looking into the future and evaluating indicators to determine which investments make the most sense. Since originally warning of the risk in stocks back in 2007, my indicators have not given any signs that the risk for being in the stock market has changed. As long as the [...]
Deflation Still The Trend
Posted in Deflation / Inflation, tagged Bob Brooks, debt, Deceptive Money, deflation, Dow Jones, Dow Jones Industrial Average, Economist, Government, Great Depression, Humphrey Neill, hyper-inflation, Irving Fisher, Lacy Hunt, Prudent Money, Scott Burns, stock market crash on June 9, 2009 | 1 Comment »
When everyone thinks the same way, everyone is likely to be wrong. The Art of Contrary Thinking – Humphrey Neill
Everyone thinks that we are going into hyper-inflation. I have argued that deflation is more of a problem than anything else. Debt is a deflation problem, not an inflation problem.
Unfortunately, time is the only thing that cures [...]