“In the Tank Forever” U.S. Consumers Retailers in a “Death Spiral” Davidowitz Says: Tech Ticker, Yahoo! Finance

Retail maven Howard Davidowitz paid another visit to Tech Ticker this week. And despite signs of improvement in consumer confidence and retail stocks rising, Davidowitz is steadfast in his belief the consumer is dead.Rather than summarize, let me just highlight some of his best one-liners:On retail: * “The retail business is terrible… It’s almost all [...]

Buffett Says, We Are Doomed – We’re Going to Be Crushed Under A Mountain of Debt

A highly influential American has finally hit the panic button about the tremendous mountain of debt the country is piling up.Last year, Warren Buffett says, we were justified in using any means necessary to stave off another Great Depression. Now that the economy is beginning to recover, however, we need to curtail our out-of-control spending, [...]

Google’s Matt Cutts Video Presentation On SEO

Google’s Matt Cutts Video Presentation On SEOAug 20, 2009 at 9:26am ET by Barry Schwartz – I have seen Matt Cutts of Google speak dozens of times, I have seen dozens of videos of SEO tips from Matt, I have read hundreds of blog posts from Matt – but nothing compares to his presentation given [...]

One In Three Chance You’ll Soon Owe More Than Your House Is Worth: Tech Ticker, Yahoo! Finance

One In Three Chance You’ll Soon Owe More Than Your House Is WorthPosted Aug 20, 2009 11:15am EDT by Henry BlodgetRelated: xhb, tol, len, kbh, dhi, phmForeclosure rates in the U.S. remain near record highs. More than 13% of American homeowners with a mortgage are either behind on their payments or in foreclosure. The latest [...]

Bob Prechter “Quite Sure” Next Wave Down Will Be Bigger and March Lows Will Break

Yes, the late 2007-early 2009 market debacle was just a warm-up to what Prechter believes will be the bear market’s main attraction. In this regard, he says the current cycle will echo past post-bubble periods such as America in the 1930s and England in the 1720s, after the bursting of the South Sea bubble.The 2000 [...]

Robert Prechter Says Dollar’s Hit a “Major Bottom”

Forget all the talk about the dollar being in terminal decline. The recent rally in the greenback is for real, says Robert Prechter, president of Elliott Wave International. The man who correctly predicted the 1987 crash and last year’s peak in oil prices now says we’re “going to be up for a year or two [...]

Inflation Not a Problem “Deflationary Depression” in Our Future

Elliott Wave International founder, Bob Prechter thinks Krugman and Bernanke are premature in declaring victory over the credit crunch. Prechter, who famously predicted the 1987 stock market crash, tells Tech Ticker “the march towards depression, which is being fueled by deflationary trend, is pretty well intact.”So forget all you’ve heard about recovery and inflation, “we’ve [...]

Good Financial Advice – Yahoo! Finance

This is a very good video on “Long Term Investing” by Aron Task and Henry Blodget. You should listen to it more than once to get all the important but subtle points. more about "Good Financial Advice – Yahoo! Finance", posted with vodpod