Monday, May 05, 2008

Profits from Nowhere

I have discussed the gloom in the credit market for sometime but we can finally see the light. Wall St. is all about guessing too much, and usually they are wrong. For this purposes I introduce financial innovation. Financial Innovation got us to this spot, not to mention the governments prodding of subprime lending, but using our brains is the best way to contain a castasrophy. It seems that today markets are much faster moving and can fix themselves. That brings me to today. It looks like high quality bonds, real estate, and commodities have all run their course. Look for the dollar to increase against the EURO and the Pound and Domestic Stocks to surprise everyone. Stay high quality with good balancesheets and the returns will be great. Also, look that Private Equity stocks have to deleverage. With that, good luck over the next few months.