If there’s one thing that my frequent (or infrequent) readers should know about me, it’s that I don’t like blindly following the herd. By posting this news, I’m not reporting anything that can’t be found on the other 25 million financial sites out there. But, it’s now official, we’re in a recession. According to the [...]
yield curve
Frederic Mishkin Resignation
The Wall Street Journal and the WSJ Real Time Economics blog reported today that Federal Reserve governor Frederic Mishkin has tendered his resignation and plans to leave the Fed in August. Now, most average individual investors would say “Who the heck is Frederic Mishkin?”. But, I’m a little different. I know about Frederic Mishkin only [...]
Stock Market Re-Entry
Market speculation isn’t easy. When I made my decision to move my retirement portfolio into cash a little less than two years ago, I jumped the gun and got out too soon. If I’d have waited just a few months, I could have gotten out at a higher level. But, you know what they say.. [...]
I’m Back In Black!
Here we go again.. the markets took another big plunge today. Perception plays a BIG role in the stock market and it seems investors have come to terms with the “R” word and are fleeing to (what’s now considered) safer investments. But, this is all great news for bears (like me) who’ve been forecasting a [...]
Getting Started
Following up from my old weblog, I’m still fully invested in cash (VMMXX) in all of my portfolios, and still waiting for the stock market to fall. I’ve been anticipating a stock market crash and economic recession for a while now based on the inverted yield curve theory, and have predicted that it will occur [...]
Yield Curve – Revisited
I’ve recently read some commentary in the mainstream media about a widening yield curve signaling an economic recovery, and having a bullish outlook myself, these stories piqued my interest. As frequent Guzzo the Contrarian readers know, in mid-2006 I predicted this recession, and moved my entire portfolio into cash, based upon an inverted yield curve [...]