Monthly Archives: August 2007

Chinese Market: In Making New Heights

I watched quite a bit of CNBC last week. Among other things, I caught the interview with Countrywide’s Angelo Mozilo who called for a recession in no uncertain terms. This of course, is the man who had steadfastly defended CFC’s business while cashing out some $250 million of options in the past year. Nonetheless, the […]

Continue reading

The Coast Is Clear!

Yeah, I’m still negative. This market I believe is going to be one of the most treacherous since 2000. The credit crunch caused by homeowners’ default is real. There is going to be no way around the deflationary force. The only way to combat it is by even more inflation. However, both inflation and deflation […]

Continue reading