CHESSNOID

The contrarian philosophy is to buy when everyone is selling or when everyone is pessimistic that will be the sign to buy.  Last night the stock market futures were substantially down because the world markets were down on the fears of a severe global recession.
Today, we had improved new home sales report that rose 2.7% [...]

I really like this Peter Schiff’s view on the economy. He has been around for awhile and was one of the first people to call the market bubble 2 years ago, while we were still rolling in economic good times.  He is now predicting Obama will win.  With the economy the way it is, I [...]

The overseas markets have fallen again but with more momentum.  Their investors are all switching from buyers to sellers. Hong Kong is down 13%. According to CNN:
Stocks in Asia took another heavy beating Monday, with shares in Japan falling to their lowest level in 26 years, as fears of a global recession continued to sweep [...]

The weight of the world is on this man’s shoulders.  He is criticized by everyone including yours truly because he is doing such a poor job.  This type of performance he has displayed at any company, he would have been fired regardless of his credentials. He will lower rates again that is for sure.  He [...]