|
Final
Segment #1: |
 |
'Outrage of the Day'
AND
'Mad Mail' |
|
|
|
Monday,
December 1, 2008 |
|
|
 |
 |
|
| |
|
Jim:
Do you want outrage?
I'll give you
outrage...
Do you know that
just when the
president and his
minions in
Treasury... just
when the Fed
chairman blows back
to a Princeton
eating club... were
telling us the
fundamentals were
sound... it turns
out a recession had
just started. The
National Bureau of
Economic Research
today said that the
recession started in
December of 2007, a
year ago...
How many times did
Hank Paulson tell us
how great things
were?... How many
times did Ben
Bernanke tell us we
were in great shape,
and the whole darn
time a recession had
begun?...
I've only seen this
brutal combination
of arrogance and
ignorance one other
time... when
President Hoover was
telling us the
fundamentals were
sound, going right
into the Depression.
I want to make it
clear... We're not
going into a
depression. I took
that off the table.
We're going into a
real tough time...
and things are much
better and safer
now... but they sure
weren't "sound" for
heaven's sake...
Paulson... I get
it... his rap...
he's political. How
much can you expect
from a politician?
Bernanke, though...
He's supposed to be
thinking about doing
the right thing...
getting this stuff
right... in a
non-partisan way.
It is important that
he tender his
resignation, the
moment Obama takes
office, rather than
waiting until his
term is finished in
January of 2010, and
let the new guys
come in with a fresh
start. We cannot
worry until Ben
"don't-worry-about-a-thing"
Bernanke steps down.
If I want to hear
"don't worry about a
thing" going into a
recession, I'll play
some Bob Marley. The
only Marley that
we're getting from
this guy is
Scrooge's partner.
No redemption song
for this Fed
chairman.
[verbatim recap]
|
|
Continued below...
|
|
|
|
|
|
|
|
|
|
Wednesday,
October 22, 2008
(Cont'd from
above)...
Jim (cont'd):
Now for some Mad
Mail...
|
Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
|
 |
na |
na |
|
Email question about:
On Housing in general...
Q:
I wanted to get your take
on a series of
observations I have
regarding the housing
market. Currently, we
are seeing the pricing
collapse of the housing
market, yet this past
Thanksgiving, I have
noticed a series of
events that I feel
indicate a housing
bottom with a resounding
return in the spring.
Thoughts? Am I way off
base?
Jim:
I've been saying June
30th of next year will
be the bottom. Why?
Because of a combination
40% declines and cheap
mortgage money have
produced a bottom. Last
year at this time, I was
at Indio, California. It
looked like we were at
ground zero of what I
thought was going to be
the end of the world.
All the housing that was
just, you know... Let's
put it this way... There
were almost no "for
sale" signs this time
(on a recent visit)... I
left Indio thinking,
"did I miss my
chance?"... Yes... The
inland empire, down
about 40%, with mortgage
rates low... It was time
to buy. Now, a lot of
this was foreclosed. But
do I care whether it was
foreclosed or not? No. I
want a house that costs
me a lot less to live in
than it used to, and
that's where we are.
|
|
|
|
HLF |
16.74 |
|
Email question about:
Herbalife Ltd. (HLF)
Q:
I've been watching the
stock price of HLF
tumble dramatically over
the past month or so.
What gives? They seem to
have capable, if not
superior, leadership in
place, are continually
expanding into more and
more countries, and have
a quality product with
an impressive
distribution system.
What do you see on the
horizon for Herbalife?
Great time to buy or
time to stay away?
Jim:
Remember, if it doesn't
fit... let me just check
the yield... The yield's
4.79%. We know that we
like Michael Johnson
very much, the CEO... We
know that the last
quarter wasn't that
strong... I okay
buying... I'm going to
okay buying of that
one...
|
|
Read Jim's next Segment
here
|
|
|
|
|
|
|
|
|
|
|
|
 |
 |
|
|
|
Search for Jim's past comments about a specific
stock. Use
ticker symbol or company name in quotes
(e.g., GOOG or "Google") |
|
 |
|
|
|
|
|
|
