Comments on Fund My Mutual Fund: Earnings Update

Hi, if you believe the economy will turn up in 6 m...

2008-01-27T19:45:00.000-05:00

Hi, if you believe the economy will turn up in 6 months, it would be a perfect time to buy HOG. I don't really believe that so I think mroe downside to go.

It's the perfect time to buy HOG. Everything is p...

2008-01-27T10:33:00.000-05:00

It's the perfect time to buy HOG. Everything is priced in. It's 2 yr 52 week low was around $54. Now it's only $37!!

d, these are things predicted since blog inception...

2008-01-25T09:49:00.000-05:00

d, these are things predicted since blog inception. To get out of a slowdown caused by credit implosion, one opens the spigot to more credit. Inflation be damned. Those on the lower rungs of society will be sand blasted out of this economy with inflation.

AJ, I believe I have been saying that same thing for a long time ;). I do think their domestic economies will still be fine (Chindia), but just slow down from current pace. In no way can it offset Japan, W Europe, and US slowdown. But each year that passes more of world GDP will pass to those countries and less to the former group. So when this happens in 20 years it won't matter quite so much. Or maybe when China sneezes the US will catch a cold ;) But for now, still the reverse.

Would like to share this piece and seek thoughts i...

2008-01-25T07:12:00.000-05:00

Would like to share this piece and seek thoughts in general -

India Min:India,China Unlikely To Offset US PlungeLast update: 1/25/2008 6:59:52 AM

(Adds details and background on sovereign wealth funds.)
DAVOS, Switzerland--India and China are expected to post healthy economic growth rates this year, but it's unlikely the two Asian economic giants can offset a major downturn in the U.S. economy to keep the global economy going, Indian Finance Minister Palaniappan Chidambaram warned Friday. "We (India and China) can help, but I don't think we can make up for all the lost consumption in the U.S.," if America's economic woes deepen, Chidambaram said at the World Economic Forum in Davos. U.S. domestic consumption amounts to around $9 trillion, towering over Chinese and Indian internal consumer demand, which together are just $1.75 trillion, the minister said. Chidambaram said he still expected the Indian economy to grow by 8.5% this year. "I don't think we will be hurt unless there is worldwide catastrophe," he added. India has no plans to launch a state-run investment vehicle to invest in overseas assets, Chidambaram later told reporters. "We still have no plans for a sovereign wealth fund," the minister said. Chidambaram said India had plenty of other uses for its billions of dollars worth of foreign exchange reserves other than a state investment fund. India is one of the few fast-growing economies not to have a sovereign wealth fund. Such funds, in China, Russia, United Arab Emirates and other countries, have been investing a fast-growing amount of their nations' big foreign-exchange reserves in higher yielding overseas assets, like U.S. banks, relative to traditional investment tools like U.S. government bonds. Countries with sovereign wealth funds have accumulated huge foreign-exchange reserves in recent years of over $2 trillion, according to a number of market estimates. The role of state-run investment funds has come under the scrutiny of Western governments and institutions, like the International Monetary Fund, due to concern about their transparency and motives. The U.S. and European governments also want assurances that their investors have equal access to countries with state-run funds that are investing in America and Europe. -By Spencer Swartz, Dow Jones Newswires, 44 7909 527 892; spencer.swartz@dowjones.com

Cheers.. AJ

Additionally, look at today's price increases for ...

2008-01-25T06:42:00.000-05:00

Additionally, look at today's price increases for gold and platinum; as of 6:40AM EST they were up $22 and $57 respectively. Inflation anyone?

I did not think it would come to this, the governm...

2008-01-25T06:12:00.000-05:00

I did not think it would come to this, the government is going to inflate us out of a recession before we are even in one. With prospects that the FED (helicopter Ben)will lower again next week and the Congress and President (both clueless)literally throwing money at the economy we will avert a housing depression and get rampaging inflation sometime in the next 12-18 months. I figure that the the stock market will be zooming higher starting today, using good earnings from MSFT & ATT as an xcuse. Why worry be happy. An aside: Would Paulson be welcomed back to GS if he was responsible for reducing market capitalization?