Time for the Fed & ECB to Put Up or Shut Up

September 20, 2012 By Leave a Comment

Here is the piece I did last Friday after the putrid jobs report.  While the headline number may have indicated an increase of almost 100,000 net new jobs, the underlying data was awful.  Additionally, while the unemployment rate may have fallen to 8.1% from 8.3%, it was primarily due to people leaving the workforce than people being hired.

We already know that Bernanke & Co.  are close to another round of money printing (QE) and this will likely push them into QE3 with a combination of mortgage back security and treasury bond purchases.

http://video.cnbc.com/gallery/?video=3000114319&play=1

Filed Under: Blog Tagged With: , , , ,

Stocks Slide on Tepid Jobs Growth Number

July 11, 2012 By Leave a Comment

On Friday’s CNBC segment, I spoke about the range bound market with the potential for a fall swoon before the election.  But in any market, there are always opportunities and this time is no different.

http://video.cnbc.com/gallery/?video=3000101361&play=1

So far this week, stocks have not behaved well, but it’s far from a rout and the trading range continues. On Wednesday, we get a peak at the minutes from the Fed meeting and folks will take any scrap of comments that leads to QE3 coming.  As I have said since QE1 was launched, we will see QE2, 3, 4, 5 with the Fed’s balance sheet approaching $5 trillion.

Filed Under: Blog, Investment Tips, Personal Investing Tagged With: , , , , , , , , ,

Jobs Report Overreaction

April 16, 2012 By Leave a Comment

Last week on CNBC I commented on how investors and the media are way too concerned about one less than expected jobs report from Friday, just like they were way too celebratory last month.  While I am glad we raised cash a few weeks, I plan to redeploy that this quarter into weakness.

Give a look…

http://video.cnbc.com/gallery/?video=3000083018&play=1

 

Filed Under: Blog, Investment Tips, Personal Investing, Retirement Planning, Retirement Tips Tagged With: , , , , , ,

Heritage Capital on CNBC’s Squawk Box

April 8, 2012 By Leave a Comment

Tune in to CNBC’s Squawk Box on Monday between 6:00am and 6:10am to hear my reaction to crummy jobs numbers that were reported on Friday when the markets were closed.  I have already heard calls that the bull market has peaked and the economy is rolling over. Have they?

Filed Under: Blog, Investment Tips, Personal Investing, Retirement Planning, Retirement Tips Tagged With: , ,