Comments on: The Friedman Effect: Is Another Bear Market Around the Corner? http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html Investment Advice and Investment Research with a Contrarian Point of View Wed, 10 Mar 2010 19:22:42 -0600 http://wordpress.org/?v=2.8.3 hourly 1 By: DH http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-14916 DH Wed, 08 Jul 2009 20:03:10 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-14916 I feel sorry for the author and all those who think things have bottomed out. You'll be punished for your early (very) optimism. I feel sorry for the author and all those who think things have bottomed out. You’ll be punished for your early (very) optimism.

]]> By: ugo http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13745 ugo Thu, 25 Jun 2009 17:48:59 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13745 Catherine above is spot on. Until the authorities fully understand the anatomy of the sub-crime crises , from the position of the predatory lenders and their gullible burrowers, then the underbelly of ths whole situation will not be reached. And more costly policy mistakes could be made in the near future. Sadly it highlights the huge divorce between the government and the true situations of their citizens. If the majority of the sub-prime burrowers were allowed to pay an affordable rate on their mortgages....such as reasonably around the same rates that they initially signed up for in the beginning, maybe we would not be where we are today!!! Poorly timed monetary policy tightening this time will not affect only sub-prime burrowers ...but good burrowers including the commercial property sector who have already seen their collateral values erode. Catherine above is spot on. Until the authorities fully understand the anatomy of the sub-crime crises , from the position of the predatory lenders and their gullible burrowers, then the underbelly of ths whole situation will not be reached. And more costly policy mistakes could be made in the near future.

Sadly it highlights the huge divorce between the government and the true situations of their citizens. If the majority of the sub-prime burrowers were allowed to pay an affordable rate on their mortgages….such as reasonably around the same rates that they initially signed up for in the beginning, maybe we would not be where we are today!!!
Poorly timed monetary policy tightening this time will not affect only sub-prime burrowers …but good burrowers including the commercial property sector who have already seen their collateral values erode.

]]> By: Jack http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13654 Jack Wed, 24 Jun 2009 22:10:06 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13654 Raging bear market. Raging, I say. Kinda like the 70s. Hey, maybe disco will make a comeback. Raging bear market. Raging, I say. Kinda like the 70s. Hey, maybe disco will make a comeback.

]]> By: Sky http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13644 Sky Wed, 24 Jun 2009 19:52:01 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13644 Well, call me just plain stupid if you like but I don't get it. Why are you guys asking us, the readers of your stuff, the questions? Isn't it supposed to be the other way around? Are we really supposed to pay you for the honor to say that we are headed for another Bear turn around get ready? If you and Friedman are so smart, how come you didn't tell us to get out of the market when the chart skewed to the upside and excuse me, just too stupid again to see any 6 month lag and even if I did it would be then too late. Thanks anyway I'll give you an E for effort although I'm still suffering from my last grade of F, for FOOL, not listening to my own understanding but rather leaning on yours (the professional). Well, call me just plain stupid if you like but I don’t get it. Why are you guys asking us, the readers of your stuff, the questions? Isn’t it supposed to be the other way around? Are we really supposed to pay you for the honor to say that we are headed for another Bear turn around get ready? If you and Friedman are so smart, how come you didn’t tell us to get out of the market when the chart skewed to the upside and excuse me, just too stupid again to see any 6 month lag and even if I did it would be then too late. Thanks anyway I’ll give you an E for effort although I’m still suffering from my last grade of F, for FOOL, not listening to my own understanding but rather leaning on yours (the professional).

]]> By: Obama’s Financial System Overhaul Would Give the Fed Broad Powers Over Wall Street | 1800blogger http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13567 Obama’s Financial System Overhaul Would Give the Fed Broad Powers Over Wall Street | 1800blogger Wed, 24 Jun 2009 03:21:52 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13567 [...] The Friedman Effect: Is Another Bear Market Around the Corner? (Investment U, 6/22/09) [...] [...] The Friedman Effect: Is Another Bear Market Around the Corner? (Investment U, 6/22/09) [...]

]]> By: Steve Robinson http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13539 Steve Robinson Tue, 23 Jun 2009 19:25:27 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13539 The rally has been noted for its low volume. The reversal this week seems significant. The Fed seems to be confused. The administration wants money pumped into the economy faster. Isn't this part of a "perfect storm" being created for the continue decline of the dollar and new lows for the market? Wouldn't this upturn since March 9 be a bear market rally based more on hope than substance? The rally has been noted for its low volume. The reversal this week seems significant. The Fed seems to be confused. The administration wants money pumped into the economy faster. Isn’t this part of a “perfect storm” being created for the continue decline of the dollar and new lows for the market? Wouldn’t this upturn since March 9 be a bear market rally based more on hope than substance?

]]> By: Katherine Granucci http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13534 Katherine Granucci Tue, 23 Jun 2009 18:37:26 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13534 Until we see more easily accessible jobs, we are not over this...Obama & Bernake gets some credit for slowing the freefall, but we have yet to do anything to reverse the damage. We should of been WEANED off the leveraged loans, not had the rug pulled out from underneath us. Most do not realize that the subprime borrowers got a 3% hike OVERNIGHT on their rates - that's what started this chaos, then they took away subprime loans right after. Of course that created a catastrophe - who wouldn't expect that? The borrowers, mortgage professionals all got blamed - what about the government allowing this to begin with??? Until we see more easily accessible jobs, we are not over this…Obama & Bernake gets some credit for slowing the freefall, but we have yet to do anything to reverse the damage.

We should of been WEANED off the leveraged loans, not had the rug pulled out from underneath us. Most do not realize that the subprime borrowers got a 3% hike OVERNIGHT on their rates – that’s what started this chaos, then they took away subprime loans right after.

Of course that created a catastrophe – who wouldn’t expect that?

The borrowers, mortgage professionals all got blamed – what about the government allowing this to begin with???

]]> By: Ralph Madoff http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13512 Ralph Madoff Tue, 23 Jun 2009 11:51:03 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13512 Madoff was just the tip of an iceberg that has started a melt down which is not even visible at street level. Wait another 6-9 month and then you'll see the real market deformity/monstrosity that greed has propagated. Nothing religious just as natural as the Friedman effect! Madoff was just the tip of an iceberg that has started a melt down which is not even visible at street level. Wait another 6-9 month and then you’ll see the real market deformity/monstrosity that greed has propagated. Nothing religious just as natural as the Friedman effect!

]]> By: Don Horning http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13510 Don Horning Tue, 23 Jun 2009 11:20:54 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13510 Isn't the Fed's "stepping on the brakes" the action that is necessary in the wake of the Fed's overactive, interventionist role in the reovery efforts? Isn't it a subtle move back towards a free market economy. Isn’t the Fed’s “stepping on the brakes” the action that is necessary in the wake of the Fed’s overactive, interventionist role in the reovery efforts? Isn’t it a subtle move back towards a free market economy.

]]> By: The Friedman Effect: Is Another Bear Market Around the Corner? | INVESTMENT NEWS&IDEAS http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13465 The Friedman Effect: Is Another Bear Market Around the Corner? | INVESTMENT NEWS&IDEAS Mon, 22 Jun 2009 21:43:40 +0000 http://www.investmentu.com/IUEL/2009/June/the-friedman-effect.html#comment-13465 [...] here: The Friedman Effect: Is Another Bear Market Around a Corner? Share and [...] [...] here: The Friedman Effect: Is Another Bear Market Around a Corner? Share and [...]

]]>