What happens when housing tax credits expire, and fed steps back from mortgage purchases, and Alt-A mortgages increasing default? An acceleration of the downtrend according to Michael Schulman. He recommends shorting Harley Davidson (NYSE: HOG) Macy’s (NYSE: M) and assorted bank and housing stocks.
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Investing Strategy
LCD Market Points The Way for Economic Recovery.
LCD Market Points The Way for Economic Recovery. Here are some great stock ideas form The FLy. […]
The Big Picture
Jeremy Siegel Ph.D: “S&P 500 is cheap by historical standards”
Super-guru Jeremy Siegel says S&P 500 is cheap by historical standards. Jeremy Siegel believes there is a flaw in the way S&P calculates earnings. […]
The Big Picture
Global Shippers: Recession till 2012
Global shipping leaders are bearish on world economy, and oncoming glut of new ships, with fewer customers. […]