Future Sight

A Macro view on the economy, markets, investing and business.

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Entries from February 26th, 2009

Implosion, Meltdown, Who can truly comprehend $3.55 Trillion?????

February 26th, 2009 No Comments

Okay so another $410Bn was approved by congress last night and the question is where will this all end. With $3.55 Trillion now sanctioned, thats 1/3 of the entire national debt, one has to ask, why are they giving away all this money they dont have when they havent even spent the original $900Bn and [...]

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Travelling like a Rock Star kills the economy

February 21st, 2009 2 Comments

So who would like to charter their own provate jumbo jet and fly from Washington to Chicago for dinner for Valentines night….. Why the president of course, Barack took his wife to chicago for dinner on airforce one for Valentines day at a cost of several million dollars…..
Didnt the motor company bosses just get hammered [...]

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World Shift (relocated from another of my blogs, written 12/21/2007

February 19th, 2009 No Comments

The world stands at the edge of a cataclysmic financial abyss, and no i am not talking about the current housing and liquidity crisis, i am talking of something a little further away and somewhat grayer (excuse the pun).
The financial timebomb that is the graying population of the industrialized world.
We live longer, live better, consume [...]

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Credit Rating Agencies – The One Business That The Government Should Run

February 16th, 2009 No Comments

I am not a fan of the government running businesses and I am even less of a fan of the rating agencies, who are even less able to demonstrate any degree of competence whatsoever.
Here is the problem, they are in the business of providing ratings and they charge the company for the pleasure… do they [...]

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Why commerical and retail real estate arent the bargin they seem to be

February 16th, 2009 No Comments

With commercial and retail yields rising dramatically in the last several months people have started to dive in and buy at 8-10%.
Why do I not think this is a good idea?
This market didn’t just dry up so quickly as a result of the capital markets failure as you might initially think, what has really hit [...]

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Why the Euro might be the place to be

February 15th, 2009 No Comments

The markets have certainly been in freefall, right now we sit in a lull before the next wave of storms arrive, there is no imminent sign of recovery and the US bailout seems so cretinous there is little chance of it helping the consumer in any way.
Right now I think the strongest trend is to [...]

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