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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (93244)1/23/2009 6:06:37 AM
From: Berk1 Recommendation  Respond to of 116555
 
Congratulations Mish!



To: mishedlo who wrote (93244)1/23/2009 6:47:52 AM
From: MoneyPenny1 Recommendation  Read Replies (1) | Respond to of 116555
 
congratulations to you and Calculated Risk! Well deserved. Do you ever rest? MoneyPenny



To: mishedlo who wrote (93244)1/23/2009 7:23:32 AM
From: westpacific5 Recommendations  Read Replies (2) | Respond to of 116555
 
Ms. Schwartz also had some harsh words for President-elect Barack Obama's proposed $775 billion stimulus package, which includes tax cuts and rebuilding crumbling infrastructure.

"How can the federal government become a repairer of bridges and a builder of roadways? Which people does the government have at its beck and call with the technical knowledge and ability to perform these real economic requirements?" Ms. Schwartz asked. "They will spend a lot of money on these programs when the government has no real ability to manage them or execute them."

Japan's massive infrastructure spending program in the 1990s failed miserably, she said.

"They destroyed the landscape by pouring concrete all over," she said. "It was just a waste of money; it didn't produce anything useful. It didn't work."

____________

Mish; sound like Japan.

Let me add one more point; US has 300B barrels of oil in Montana; pools of it and 2T in Alaska. The US is far from broke! They are using up everyone elses first; part of the Control the World plan, along with GMO. We have reached peak oil and this resource will grow in value every decade!

The Dollar IS the only option; they will not let gold change that! They will confiscate and revalue before that happens!

Congrates Mish!!!

West



To: mishedlo who wrote (93244)1/23/2009 8:26:31 AM
From: ItsAllCyclical1 Recommendation  Respond to of 116555
 
Big time kudos. Of course I'd rather that you weren't so well known. Guess we're going to have to fade you now. :)



To: mishedlo who wrote (93244)1/23/2009 8:27:00 AM
From: arun gera  Read Replies (1) | Respond to of 116555
 
Mish,

Congratulations! You deserve it.

-Arun



To: mishedlo who wrote (93244)1/23/2009 10:05:24 AM
From: Jack Hartmann  Respond to of 116555
 
Congrats! That is a tough list to make.



To: mishedlo who wrote (93244)1/23/2009 12:23:47 PM
From: ajtj991 Recommendation  Respond to of 116555
 
Congrats, Mish. This post is interesting. I hadn't thought of this situation as it pertains to housing starts:

To: Jim McMannis who wrote (179140) 1/23/2009 12:02:18 PM
From: James Hutton Read Replies (1) of 179169

I heard yesterday that approximately 750k - 1 MM houses are lost every year to flood/fire, way more than the 550k housing starts. However, Mr. Mortgage apparently sent something to Faber (I saw Mr. M on CNBC once, but he spoke too fast and I don't think the regular audience understood anything he said) saying the number lost to flood fire was dwarfed by about 15 MM houses on the market, pending foreclosures, etc.

So the point was that housing starts are rather meaningless in this environment.



To: mishedlo who wrote (93244)1/23/2009 12:32:42 PM
From: E. Charters  Respond to of 116555
 
So how closely related is the writer?

:)

EC<:-}



To: mishedlo who wrote (93244)1/23/2009 8:27:01 PM
From: dave9  Read Replies (2) | Respond to of 116555
 
"Well-written, well-researched and crisp". I like how the best blogs were required to be original material. No regurgitate crap.

I went looking for what what is going on with those who disagree with your research. I think I have found your opposite, your nemesis . . .

In today's (1/17) Barron's Roundtable Abby Joseph Cohen recommends BAC. Unfortunately the story is from January 5, 2009, when BAC was 14. I bet Abby gets paid more every month than I do in a year. Chief soothsayer to Goldman Sachs. Kind of like fortune teller to the intergalactic alien overlords.

Abby also thinks that the recession will be over by June.
"Cohen said her firm predicted that the recession would end in six months or so, at least in terms of declining (gdp)."
philly.com

I was able to find seemingly dozens of reports of Abby's predictions. At a Philly seminar while only 25% of the business execs said they planned on hiring anyone, she was saying that a rebound was not far off.

The one bloomberg says is the most bullish investment strategist on Wall Street for 2008:
bloomberg.com

Me, I think the economy will suck for a long time.

Good job Mish. It has gotten better over time.

- David



To: mishedlo who wrote (93244)1/23/2009 9:50:34 PM
From: John McCarthy  Respond to of 116555
 
Congrats! Mish ...

And well earned and deserved.

Please keep it coming this year - because
God knows we need it -g-

regards
John



To: mishedlo who wrote (93244)1/23/2009 10:08:55 PM
From: Bill on the Hill1 Recommendation  Read Replies (1) | Respond to of 116555
 
Congratulations Mish,

The information you have shared has helped me to change my life.

Keep casting pebbles into the lake of information. You never know where the ripples will reach. Follow that thought to its goal. Our country has a new commander in chief and I would place odds that he or one or more of his staff has the opportunity to read you.

America needs clear vision and thought in the years ahead. You have been up to the task so far. I know you will continue.
I stopped to listen to you a few years ago and have followed you since. I hope the new president will understand your logic as I did. If he does not already.

Bill



To: mishedlo who wrote (93244)1/23/2009 10:11:23 PM
From: JBTFD  Respond to of 116555
 
Congratulations!!



To: mishedlo who wrote (93244)1/23/2009 10:51:21 PM
From: Jim McMannis  Respond to of 116555
 
Congratulations. I know you work hard at it. I think you're up for a well paying job.



To: mishedlo who wrote (93244)1/23/2009 11:49:58 PM
From: Little Joe1 Recommendation  Read Replies (1) | Respond to of 116555
 
Mish:

Congratulations. I nominate you for Secretary of the Treasury. Unlike the current nominee, you pay your taxes and you saw it coming.

lj



To: mishedlo who wrote (93244)1/24/2009 2:21:17 AM
From: Big Black Swan4 Recommendations  Respond to of 116555
 
Well-deserved. I rarely comment on your site, but I read you diligently. Don't always agree 100% with all your points, but they're always reasoned and worth considering. You're one of the best economic sources at there, period.



To: mishedlo who wrote (93244)1/24/2009 1:55:28 PM
From: Cynic 20051 Recommendation  Respond to of 116555
 
Congratulations, Mish!



To: mishedlo who wrote (93244)1/24/2009 6:24:28 PM
From: axial2 Recommendations  Respond to of 116555
 
Well-deserved, Mish. Take a bow!

Based on information first posted here, I planned and executed life changes: retirement, selling my house at the peak and going to cash in 2007.

We don't always agree, but nothing you say gets missed. You have earned enormous respect.

Thank you.

Jim



To: mishedlo who wrote (93244)1/31/2009 10:18:32 PM
From: Asymmetric1 Recommendation  Respond to of 116555
 
Congratulations Mish, You are one of the great guiding lights.

- A.