Wednesday, February 1, 2012

Quote of The Day: The Fed Is Concerned About A Japanese-Style Economy...


“The Fed outlook was so extreme they have to be worried about a Japanese-style no-growth deflationary environment.

Harvard Professor, Niall Ferguson


"The Fed has made it clear they intend to be accommodative and proactive, and now I can assume that 'short' rates will remain effectively zero for three years, rather than a year and a half."

Christopher Molumphy, Chief Investment Officer, Franklin Templeton Fixed Income.

Monday, January 30, 2012

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, January 27, the S&P 500 closed @ 1316, and that was...
  
    +4.9% ABOVE its 12-Month moving average which stood @ 1255.
    +4.9% ABOVE its 40-Week moving average which stood @ 1255.
    +4.5% ABOVE its 10-Week moving average which stood @ 1260.


Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is BULLISH.

Thursday, January 26, 2012

GDP Per Capita Remains in the Top 5% in the World...

GDP per capita remains in the top 5% in the world

Of 227 countries and territories ranked by the CIA World Factbook, U.S. GDP per capita remains in the top 5%, behind natural resource heavy waits like Qatar and the U.A.E. 

U.S. GDP per capita currently stands at $47,200
.

In this chart from the St. Louis Fed, the rate has increased steadily since the 1960s, even after recessions have taken some bite from it. Already in 2010 and 2011, GDP per capita has re-accelerated as the overall economy begins growing.


Wednesday, January 25, 2012

Government Health-Care Spending Is The Real U.S. Debt & Deficit Driver...

1grover

The key to reducing the federal debt is getting health-care spending under control.


Monday, January 23, 2012

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, January 20, the S&P 500 closed @ 1315, and that was...
  
    +4.8% ABOVE its 12-Month moving average which stood @ 1255.
    +4.8% ABOVE its 40-Week moving average which stood @ 1255.
    +5.2% ABOVE its 10-Week moving average which stood @ 1250.


Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is BULLISH.

Friday, January 20, 2012

Why Banks Still Don't Trust Each Other...




The TED Spread charts the difference between what they feel are “risk-free” T-bills and LIBOR (the London Interbank Offered Rate), which is the perceived credit risk in lending to commercial banks.
When the TED Spread rises, banks start to lose trust in one another, because they feel that another bank could default.


Tuesday, January 17, 2012

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, January 13, the S&P 500 closed @ 1289, and that was...
  
    +3.0% ABOVE its 12-Month moving average which stood @ 1251.
    +2.7% ABOVE its 40-Week moving average which stood @ 1255.
    +3.5% ABOVE its 10-Week moving average which stood @ 1245.


Therefore, the INTERMEDIATE-Term trend IS POSITIVE and the LONG-Term trend is POSITIVE.

Tuesday, January 10, 2012

Quote of The Day: Higher Taxes Ahead...


“One way or another, whether we end up with a Republican or a Democrat as the next president, it would appear that taxes are going up, because the tax issue is not going away.”

- Stanley Smiley, Senior VP of Advanced Planning at Cetera Financial Group, which has $82.5 billion under advisement.

Monday, January 9, 2012

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, January 6, the S&P 500 closed @ 1278, and that was...
  
    +2.3% ABOVE its 12-Month moving average which stood @ 1249.
    +1.7% ABOVE its 40-Week moving average which stood @ 1256.
    +3.0% ABOVE its 10-Week moving average which stood @ 1241.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.

Thursday, January 5, 2012

Hedge Fund Bridgewater Associates Takes Grim 2012 View

Hedge fund Bridgewater Associates, one of the largest if not the largest pure hedge fund, put up a +25% positive return last year.

Bridgewater has a grim 2012 outlook for the global economy, citing slow growth, a debt overhang, solvency issues and high unemployment for the world’s developed economies.

“What you have is a picture of broken economic systems that are operating on life support,” said Robert Prince, co-chief investment officer.


Tuesday, January 3, 2012

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, December 30, the S&P 500 closed @ 1258, and that was...
  
    +1.1% ABOVE its 12-Month moving average which stood @ 1244.
    +0.0% ABOVE its 40-Week moving average which stood @ 1257.
    +1.3% ABOVE its 10-Week moving average which stood @ 1242.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.

Thursday, December 29, 2011

Most Americans Say $150,000 Annual Income Makes You Rich: Gallup


It's not only 1 percenters that Americans consider rich.
More than half of those recently polled by Gallup said an income of no more than $150,000 would qualify that person as rich.

When asked how much money per year would be necessary for them to consider themselves "rich," 53% mentioned an income of $150,000 or less, and 71% said an income of $300,000 would be enough.
Wealth marketing firm HNW Inc. considers an income of more than $350,000 per year enough to push someone into the top 1%.

But they also say most one percenters aren't aware of their exceptional status.


Wednesday, December 21, 2011

A One-Day Hospital Stay Outpaces Inflation By Over 13 to 1...


From 1985 to 2010
, the average cost of one day in the hospital (semiprivate room, Midwestern city) rose +1,366%, an increase of +11.3% per year for 25 years.

Inflation in the country over the same 25 years is up +101% or an average of +2.8% per year.


Source: Department of Labor


Monday, December 19, 2011

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, December 16, the S&P 500 closed @ 1220, and that was...
  
    -1.5% BELOW its 12-Month moving average which stood @ 1238.
    -3.1% BELOW its 40-Week moving average which stood @ 1259.
    -1.3% BELOW its 10-Week moving average which stood @ 1236.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.