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Market Misperceptions
By , 01/31/2008
MarketMinder's View: We’re forecasting a “Law and Order: Subprime Crisis Unit” TV drama before 2008’s over. At this point it seems inevitable.
Market Misperceptions
By , Businessweek, 01/31/2008
MarketMinder's View: This is a bit presumptuous considering we’re neither in a recession nor do we have high inflation currently. Maybe this is the “tastes great, less filling” version of stagflation.
Sensible Stories
By , Financial Times, 01/31/2008
MarketMinder's View: This one falls into the “tough love” category. While we don’t agree with everything included, we do see the so-called stimulus as little more than a political gesture. See our commentary “Empty Calories” for more.
Market Misperceptions
By , Bloomberg.com, 01/31/2008
MarketMinder's View: This is typical market rhetoric. When times are good, Bernanke is a hero. When they’re bad, he’s a dolt. In truth, the Fed probably doesn’t have nearly as much power over the economy as many believe.
Sensible Stories
By , The New York Times, 01/31/2008
MarketMinder's View: A fascinating piece on the economics and politics of repugnance.
Market Misperceptions
By , Forbes, 01/31/2008
MarketMinder's View: This is off the mark. Robust demand resulting from high global growth and constrained supply has likely been the key to higher energy and other commodities prices, not mysterious hedge fund activities or sovereign wealth funds. Those only comprise about 2% of globally traded assets.
Market Misperceptions
By , The Washington Post, 01/31/2008
MarketMinder's View: There’s virtually no way this is true. Lending activity has actually increased in recent months. Bank lending today sits at all-time highs and capital markets appear to be functioning just fine thank you very much. It’s extremely important to maintain a distinction between the broad lending and liquidity environment and the secondary market for securitized loans.
Sensible Stories
By , CNNMoney.com, 01/31/2008
MarketMinder's View: Yes, but instead we’d say “time to continue holding” because there’s little reason for long-term investors to have cash on the sidelines unless you anticipate a prolonged bear market.
Market Misperceptions
By , Financial Times, 01/31/2008
MarketMinder's View: Dollar bears love stories like this, but doesn’t this say more about the stability Qatar has achieved than anything else?
Market Misperceptions
By , Newsweek, 01/31/2008
MarketMinder's View: Did the headline grab your attention? It was meant to, although we doubt its accuracy. See our commentary “Still Growing” from yesterday for more.
Sensible Stories
By , Barron’s, 01/31/2008
MarketMinder's View: While not free from a bearish slant, this provides a cogent view that the Fed is primarily focused on shoring up credit markets, not pandering to populist panic over the economy.
Sensible Stories
By , Associated Press Writer, 01/31/2008
MarketMinder's View: A demonstration of the perils of politically motivated solutions to today’s energy problems.
Sensible Stories
By , The Wall Street Journal, 01/31/2008
MarketMinder's View: Cheer up. Look outside of Financials and the mood isn’t quite so bleak.
Sensible Stories
By , MSN Money, 01/31/2008
MarketMinder's View: Always remember it’s “very difficult to make money by running with the herd” when it comes to investments.
Sensible Stories
By , Financial Times, 01/31/2008
MarketMinder's View: Print this out and save it for the next time you get scared about the market.
Market Misperceptions
By , Reuters.com, 01/31/2008
MarketMinder's View: Let’s just say these don’t fall into the category of “level-headed, unemotional analysis” in our view.
Sensible Stories
By , Investor’s Business Daily, 01/30/2008
MarketMinder's View: Net-net, free trade creates jobs globally. Period.
Sensible Stories
By , ABC News, 01/30/2008
MarketMinder's View: With so much focus on the Fed these days, it’s good to know who the players really are.
Sensible Stories
By , MSNBC, 01/30/2008
MarketMinder's View: We agree! But we disagree the US will “hinder” world growth much—America is just 25% of the global economy. Plus, the projected 4.1% world growth still looks darn good.
Market Misperceptions
By , The Independent, 01/30/2008
MarketMinder's View: Let’s put this into perspective. The IMF now predicts global growth to be 4.1% in 2008—is that really that bad? We don’t think so.
Market Misperceptions
By , 01/30/2008
MarketMinder's View: Junk rates are higher—but they’re a small portion of overall credit markets. Overall, rates are lower now than 12 months ago.
Sensible Stories
By , The Wall Street Journal, 01/30/2008
MarketMinder's View: Politicians never learn.
Sensible Stories
By , Wall Street Journal, 01/30/2008
MarketMinder's View: A humorous reminder that recessions are devilishly tough to call ahead of time.
Market Misperceptions
By , CNNMoney.com, 01/30/2008
MarketMinder's View: A recession has been long expected—0.6% growth is slow, but not negative. After a brisk Q2 and Q3, it’s not surprising to see a bit of a slowdown—mid-cycle slowing is perfectly normal and not alarming.
Sensible Stories
By , CNNMoney.com, 01/30/2008
MarketMinder's View: Despite what you commonly hear, mortgage rates overall are dropping, fueling a wave of refinancing. Many folks are finding their payments lower today—not the reverse.
Sensible Stories
By , The New York Sun, 01/30/2008
MarketMinder's View: The effect taxes have on the behavior of the economy is nothing new—and yet this relationship is still commonly misunderstood.
Dueling Headlines
By , BBC News, 01/30/2008
MarketMinder's View: We’re all for more transparency, though it appears our European friends are a bit confused about which way to go.
Sensible Stories
By , Club for Growth, 01/30/2008
MarketMinder's View: Isn’t free trade just an extension of personal liberty?
Market Misperceptions
By , MSNBC, 01/30/2008
MarketMinder's View: Brings to mind that old saying: Economists have called 11 out of the last 3 recessions.
Sensible Stories
By , Economist, 01/30/2008
MarketMinder's View: “There is a very strong correlation between the level of economic freedom and the prosperity of the people.” Required reading for regulation-happy politicians.
Sensible Stories
By , The Wall Street Journal, 01/29/2008
MarketMinder's View: A useful look at the all round benefits of tax cuts.
Market Misperceptions
By , MarketWatch, 01/29/2008
MarketMinder's View: This piece features a number of unfortunate misunderstandings about how economies and markets work. Don’t mistake normal market volatility for bubble implosions or coming doom for the economy.
Sensible Stories
By , Financial Times, 01/29/2008
MarketMinder's View: Very well articulated analysis on the proper way to analyze the derivatives markets.
Market Misperceptions
By , Financial Times, 01/29/2008
MarketMinder's View: Phrases like ‘moralizing capitalism’ translate to governments interfering with free markets. This is rarely a good thing.
Sensible Stories
By , The Associated Press via The Washington Post, 01/29/2008
MarketMinder's View: It’s pretty tough to have a true liquidity crisis when borrowing costs are dropping and bank lending continues to grow.
Market Misperceptions
By , CNNMoney.com, 01/29/2008
MarketMinder's View: This is not a bearish harbinger. Sentiment indicators generally lag the economy and stocks, not vice versa. And, by definition, they’re prone to swings in psychology, not fundamentals.
Market Misperceptions
By , The Washington Post, 01/29/2008
MarketMinder's View: No doubt, this isn’t good. But recall that residential housing accounts for a mere 4.5% of US GDP. This is a bad thing, but likely not big enough to sink US GDP.
Sensible Stories
By , The Telegraph, 01/29/2008
MarketMinder's View: What more can we say?
Sensible Stories
By , Financial Times, 01/29/2008
MarketMinder's View: Don’t let us stop you!
Sensible Stories
By , The Wall Street Journal, 01/29/2008
MarketMinder's View: “Pronouncing the demise of the world’s most productive economy is surely premature.” – We couldn’t agree more.
Sensible Stories
By , Bloomberg, 01/29/2008
MarketMinder's View: The IMF now predicts world GDP growth will be 4.1% instead of 4.4% for 2008. Is all this hand-wringing about the global economy really over 4% growth? Call us crazy, but that seems just fine to us.
Market Misperceptions
By , The Wall Street Journal, 01/29/2008
MarketMinder's View: We don’t put much faith in the Super Bowl indicator, but if it makes you feel any better, go ahead and cheer for the New York Football Giants this weekend.
Sensible Stories
By , The Motley Fool, 01/29/2008
MarketMinder's View: We mostly agree, but would take it a step further: For investors with properly diversified stock portfolios, a weak or strong dollar is neither good nor bad—it’s just not something to worry about altogether.
Sensible Stories
By , The Wall Street Journal, 01/29/2008
MarketMinder's View: A classic example of just how gridlocked Congress is today—they can barely agree on a bi-partisan stimulus package.
Sensible Stories
By , Bloomberg.com, 01/29/2008
MarketMinder's View: We don’t put much credence in monthly numbers, which can be highly erratic. But it’s worth noting evidence contrary to recession worries is cropping up.
Market Misperceptions
By , The New York Times, 01/28/2008
MarketMinder's View: A stark example of just how pervasively dour sentiment is today.
Market Misperceptions
By , Bloomberg.com, 01/28/2008
MarketMinder's View: Continued dour sentiment is nothing new. The rhetoric stemming from the Davos summit is unlikely to have any meaningful market impact.
Market Misperceptions
By , The New York Times, 01/28/2008
MarketMinder's View: If last week told us anything it is to not place too much importance on one day price moves.
Sensible Stories
By , The Wall Street Journal, 01/28/2008
MarketMinder's View: “The death of any tax anywhere in the world is good economic news” – Agreed.
Sensible Stories
By , Bloomberg.com, 01/28/2008
MarketMinder's View: We don’t know whether the Fed “got it right” or not. So far, it seems their monetary policy has indeed been appropriate. We certainly do agree current market conditions are closer to those of 1998 than 2001. Global economic data is too strong today to fear a widespread downturn.
Market Misperceptions
By , Bloomberg.com, 01/28/2008
MarketMinder's View: The interesting thing about this article (and many like it) is, for all the hand-wringing over the global economy, it contains almost no hard data proving things are that bad.
Sensible Stories
By , The Wall Street Journal, 01/28/2008
MarketMinder's View: Stop everything you’re doing and take the time to read this. Really, we’re not kidding.
Sensible Stories
By , Financial Times, 01/28/2008
MarketMinder's View: Politicians regularly propose taxes as a way of curbing some behavior (cigarette taxes is an example), but politicians never admit that when you raise taxes on entrepreneurs you’ll get less of them.
Market Misperceptions
By , The Washington Post, 01/28/2008
MarketMinder's View: There is nothing to fear from foreign investment—by and large, it’s a very good thing.
Sensible Stories
By , The Independent, 01/28/2008
MarketMinder's View: “As far as the real economy is concerned, it is hard to argue that the fundamentals are really deteriorating” – Well put.
Market Misperceptions
By , MarketWatch, 01/28/2008
MarketMinder's View: When comparisons to the Great Depression abound, it’s a telltale sign sentiment is extremely dour.
Market Misperceptions
By , Times Online, 01/28/2008
MarketMinder's View: It’s worth remembering two things here: slower growth is still growth and not indicative of a recession and fifteen years ago was a great time to be buying equities.
Market Misperceptions
By , Reuters via MSNBC.com, 01/28/2008
MarketMinder's View: Classic regret-shunning. Business leaders get together and collectively (and publicly) say, “It’s not our fault!”
Sensible Stories
By , the Economist, 01/28/2008
MarketMinder's View: “In a week of financial uncertainty we look behind the headlines to a world that is unexpectedly prosperous and peaceful.” Amen!
Market Misperceptions
By , Times Online, 01/25/2008
MarketMinder's View: “Global credit woes could cool growth to about 10 per cent this year.” AHHH!!! Wait a minute, are we really supposed to fear 10% growth? No.
Sensible Stories
By , The Wall Street Journal, 01/25/2008
MarketMinder's View: It’s unlikely Congress’ recently-approved stimulus package will much affect economic growth. But the politicians want to at least say they did something—after all, it is an election year!
Sensible Stories
By , The Gazette, 01/25/2008
MarketMinder's View: Is anyone really surprised that this ended up being a tax on consumers?
Market Misperceptions
By , The Washington Post, 01/25/2008
MarketMinder's View: Increased activity and complexity will more likely strengthen capital markets than weaken them.
Sensible Stories
By , US News, 01/25/2008
MarketMinder's View: A brief reminder that basing important investment decisions on just-released government numbers is at best a risky proposition—these statistics are often subject to revisions, re-revisions, and re-re-revisions.
Market Misperceptions
By , TheStreet.com, 01/25/2008
MarketMinder's View: We think the adage, “Economists have successfully called 12 of the last 3 recessions,” is quite apt today.
Market Misperceptions
By , The Wall Street Journal, 01/25/2008
MarketMinder's View: There’s no need to ‘rescue’ anyone—there’s already word of big private investors eyeing beleaguered bond insurers. See our past Cover Story, “The Circle of Life” 1/18/2007, for more.
Market Misperceptions
By , The Washington Post, 01/25/2008
MarketMinder's View: We’re not convinced. See our commentary “Empty Calories” from yesterday.
Sensible Stories
By , Forbes, 01/25/2008
MarketMinder's View: Since the 1970s, capital markets have strengthened and globalized, as central banks have become more adept at using monetary policy to guide the economy.
Sensible Stories
By , The Wall Street Journal, 01/25/2008
MarketMinder's View: The complexities of raising (and cutting) taxes explained.
Market Misperceptions
By , Bloomberg.com, 01/25/2008
MarketMinder's View: What is this? A contest to see who can come up with the scariest headline?
Sensible Stories
By , The Wall Street Journal, 01/25/2008
MarketMinder's View: Closing legal loopholes to undeserved litigation helps businesses focus on what they do best—business!
Sensible Stories
By , Bloomberg.com, 01/25/2008
MarketMinder's View: While this story has a few wonky ideas, we agree a rebate check is a poor solution for economic stimulus. See yesterday’s Cover Story, “Empty Calories,” for more.
Sensible Stories
By , MSNBC.com, 01/24/2008
MarketMinder's View: We've can’t say it enough, darn these corporations and their low prices!
Market Misperceptions
By , the Associated Press, 01/24/2008
MarketMinder's View: Bank fraud is nothing new and this is not a big enough event to move global markets significantly. While the incident is bad for Societe Generale, it doesn’t necessarily extend to other French banks or the banking sector in general.
Market Misperceptions
By , Businessweek, 01/24/2008
MarketMinder's View: Another in a slew of headlines we’ve seen lately claiming past economic prosperity was “fake.” Give us a break.
Sensible Stories
By , The Christian Science Monitor, 01/24/2008
MarketMinder's View: Low taxes and fiscal restraint—what refreshing ideas!
Market Misperceptions
By , The Wall Street Journal, 01/24/2008
MarketMinder's View: With all due respect to Mr. Gates, we think capitalism is eager and ready to engage with poor regions of the world. The more urgent problem is oppressive governments who disallow free flow of capital and opportunity to their people.
Sensible Stories
By , Investor’s Business Daily, 01/24/2008
MarketMinder's View: “Fact is, no system on earth is better at creating and fairly distributing wealth than the free-market system.” Isn’t that the truth!
Sensible Stories
By , Business Week, 01/24/2008
MarketMinder's View: Agreed. We favor a stimulus package with long-term benefits.
Sensible Stories
By , SmartMoney, 01/24/2008
MarketMinder's View: Consumer demand for loans is still strong, helped by the recent drop in rates.
Market Misperceptions
By , Investor’s Business Daily, 01/24/2008
MarketMinder's View: This is a non-story. First, these estimates are nearly always hugely revised. Second, deficits of any kind (budget or trade) do not adversely affect stock market returns.
Sensible Stories
By , National Post, 01/24/2008
MarketMinder's View: And back here in the real world, the global economy continues to chug along in the face of now dire expectations.
Market Misperceptions
By , The Wall Street Journal, 01/24/2008
MarketMinder's View: Perpetuating the “America sneezes, world catches cold” mantra.
Market Misperceptions
By , Times Online, 01/24/2008
MarketMinder's View: Thankfully for us, economists have predicted twelve out of the last two recessions.
Market Misperceptions
By , Bloomberg, 01/24/2008
MarketMinder's View: Exactly the opposite is true. See our past Cover Story, “Terza Rima,” 1/8/2008, for more.
Sensible Stories
By , RealClearMarkets, 01/24/2008
MarketMinder's View: A perspective on how Congress views money (hint: not like you or me).
Market Misperceptions
By , International Business Times, 01/23/2008
MarketMinder's View: Really? Why is this news? Markets are volatile—that’s hardly unusual.
Sensible Stories
By , The Independent, 01/23/2008
MarketMinder's View: It’s important to distinguish between short-term gyrations in the markets and the global economy—which is poised for another year of strong growth.
Sensible Stories
By , Reuters, 01/23/2008
MarketMinder's View: Ignore the dour headline. The real story is US corporations are far healthier than folks assume.
Sensible Stories
By , Café Hayek, 01/23/2008
MarketMinder's View: A silly fiscal policy proposal deserves a silly response.
Sensible Stories
By , Times Online, 01/23/2008
MarketMinder's View: “Share prices have already discounted most, if not all, the likely bad economic news” – Agreed.
Sensible Stories
By , MarketWatch, 01/23/2008
MarketMinder's View: Good advice on words that can easily lead investors astray.
Sensible Stories
By , 01/23/2008
MarketMinder's View: Why is everyone so worked up over these passive investors?
Market Misperceptions
By , Bloomberg, 01/23/2008
MarketMinder's View: The US is just 25% of the world economy. It’s wrong to assume the smaller part will lead the bigger part into recession. More likely, the world keeps growing and drags the US along with it.
Sensible Stories
By , Financial Times, 01/23/2008
MarketMinder's View: A reminder when facing dour headlines: “There are many ways of interpreting the complexities of published economic statistics, with the result that commentators can find snippets of data to support any story they want to tell.”
Market Misperceptions
By , The New York Times, 01/23/2008
MarketMinder's View: Suggesting the economy will pay for two decades of “huge speculation” seems like a knee-jerk reaction to recent market volatility.
Market Misperceptions
By , Wall Street Journal, 01/23/2008
MarketMinder's View: Markets are weak today because we’re in midst an archetypal global correction—it has nothing to do with the relative strength of one currency versus another.
Sensible Stories
By , Washington Post, 01/23/2008
MarketMinder's View: “The worst thing anyone can do is react to these market events.” Agreed.
Market Misperceptions
By , New York Times, 01/23/2008
MarketMinder's View: Suggesting hiking tax rates in 2009 for the alleged benefit of increased income in 2008 is mind-bogglingly silly.
Market Misperceptions
By , 01/22/2008
MarketMinder's View: We respectfully disagree with Mr. Soros. The fact is most Financials are expected to be profitable in 2008 despite today’s difficulties. And mind you, 2007 was also profitable for Financials. If this is the worst crisis ever, it’s been a profitable one in total.
Market Misperceptions
By , MarketWatch, 01/22/2008
MarketMinder's View: We’re not sure where to start with this one. Suffice it to say we vehemently disagree capitalism is anathema to democracy. We’d argue precisely the opposite.
Market Misperceptions
By , The Washington Post, 01/22/2008
MarketMinder's View: This is inaccurate. While market fears have certainly spread across global stock markets, negative economic fundamentals have not. Short-term market moves are often head-fakes. The hard data indicate growth prospects for the global economy remain positive for 2008.
Market Misperceptions
By , The New York Times, 01/22/2008
MarketMinder's View: Remember when the fear was that Japanese investors in the 1980s were buying US assets for political reasons? It wasn’t true then, and we doubt it’s true now. See our commentary “America for Sale” for more on this topic.
Market Misperceptions
By , MSNBC.com, 01/22/2008
MarketMinder's View: Considering there is very little hard data to truly support a recession just yet, we find this conclusion at best overzealous.
Dueling Headlines
By , Financial Times, 01/22/2008
MarketMinder's View: Can you recall the last time you “shared” in a government windfall? Neither can we.
Market Misperceptions
By , Bloomberg.com, 01/22/2008
MarketMinder's View: Historical data proves this to be wrong. Trade and budget deficits have risen for decades in the US—and so have stocks.
Sensible Stories
By , Financial Times, 01/22/2008
MarketMinder's View: Saving biofuels, one government subsidy at a time. If these sources of energy were so efficient and wonderful (as government tells us), why do they need government subsidies? Wouldn’t private investors be there to provide financing?
Sensible Stories
By , Bloomberg, 01/22/2008
MarketMinder's View: We’d argue any temporary stimulus package from politicians is unlikely to be particularly effective. Long-term reforms should be sought instead.
Sensible Stories
By , US News, 01/22/2008
MarketMinder's View: Excellent advice. In difficult market times like these, folks should stick to disciplined investing strategies and not panic with the crowd.
Sensible Stories
By , Bloomberg, 01/22/2008
MarketMinder's View: If this is even half true, widely feared losses in the Financials sector won’t be nearly as bad as many believe today.
Sensible Stories
By , Businessweek, 01/22/2008
MarketMinder's View: It’s true the Fed’s cut today is important news and worth understanding. But this is more an indication of versatile, well-functioning capital markets than an indicator of doom.
Market Misperceptions
By , The Wall Street Journal, 01/22/2008
MarketMinder's View: No, in fact, probably just the opposite. As US assets become even more attractively priced, foreign investors are likely to look for greater opportunities in the months to come.
Sensible Stories
By , The Wall Street Journal, 01/22/2008
MarketMinder's View: “Suggesting politicians should refrain from tinkering with the economy seems like standing in front of a runaway train and yelling ‘Stop!’” We couldn’t say it better ourselves.
Market Misperceptions
By , IB Times, 01/22/2008
MarketMinder's View: We remain extremely skeptical of any politically motivated “solutions” to today’s market environment. We’d much rather see meaningful, long-term tax reforms.
Sensible Stories
By , Bloomberg.com, 01/22/2008
MarketMinder's View: “The credit well hasn't run dry and it's not about to. And the nation's banks will be supplying a large share of it.”
Sensible Stories
By , Café Hayek, 01/22/2008
MarketMinder's View: An excellent argument against subsidies.
Market Misperceptions
By , CNNMoney, 01/21/2008
MarketMinder's View: Does the market reaction to a mildly negative day in the US on Friday and a holiday today seem a bit emotional? It should.
Sensible Stories
By , The Wall Street Journal, 01/21/2008
MarketMinder's View: “A crash is far from inevitable.” Agreed.
Sensible Stories
By , The Independent, 01/21/2008
MarketMinder's View: It is in everyone’s interest to encourage more trade, not less.
Sensible Stories
By , Financial Times, 01/21/2008
MarketMinder's View: Now this is a tax system we can get on board with.
Sensible Stories
By , Wall Street Journal, 01/18/2008
MarketMinder's View: History tells us short-term government “saves” won’t have the impact politicians hope.
Sensible Stories
By , MSNBC.com, 01/18/2008
MarketMinder's View: The article tries to paint this as gloomy, but lower borrowing costs are a great thing!
Market Misperceptions
By , Wall Street Journal, 01/18/2008
MarketMinder's View: Folks can fear anything they want, but that doesn’t make it true. Default rates fell all 2007 and remain historically very low.
Sensible Stories
By , Invisibleheart.com, 01/18/2008
MarketMinder's View: Great stuff on the significance of a government stimulus.
Market Misperceptions
By , The New York Times, 01/18/2008
MarketMinder's View: Last we checked there were large SWFs pouring money into the US, not pulling it out.
Sensible Stories
By , Financial Times, 01/18/2008
MarketMinder's View: More openness in China’s markets would be a very welcome development.
Sensible Stories
By , The Wall Street Journal, 01/18/2008
MarketMinder's View: Wonderful—the more free trade the better.
Market Misperceptions
By , RealClearMarkets, 01/18/2008
MarketMinder's View: Why on earth would we want to do that? See “Dollar Doldrums Don’t Mean Diddly for Stocks,” 09/26/2007.
Market Misperceptions
By , MarketWatch, 01/18/2008
MarketMinder's View: If the last time someone was bearish was April 2003 (right before a meteoric market rise), perhaps you shouldn’t fret if they’re bearish now.
Market Misperceptions
By , The New York Times, 01/18/2008
MarketMinder's View: The beginning of January tells us little about the entirety of any year. See our recent commentary “January Ineffect” for more.
Market Misperceptions
By , BusinessWeek, 01/18/2008
MarketMinder's View: Recent market action is classically characteristic of a correction and not at all like a bull market top. Bull markets have rolling, grinding tops and euphoric sentiment. You see any euphoria out there?
Market Misperceptions
By , MarketWatch, 01/18/2008
MarketMinder's View: The worst thing you can possibly do is panic when everyone else does and sell at the worst possible time—during a correction at a relative low.
Sensible Stories
By , TCS Daily, 01/17/2008
MarketMinder's View: A good way to stop emerging markets from booming would be to deny them mass affordability of something useful.
Sensible Stories
By , BBC News, 01/17/2008
MarketMinder's View: A good indication that things aren’t as bad as general sentiment would suggest.
Market Misperceptions
By , Bloomberg, 01/17/2008
MarketMinder's View: Before reading too much into Bernanke’s statements, always read what he actually said, not the media-filtered version. See “The Fed’s Show and Tell,” 01/14/2008.
Sensible Stories
By , The Wall Street Journal, 01/17/2008
MarketMinder's View: Do European socialists believe in Milton Friedman? Well, not quite.
Sensible Stories
By , Ars Technica, 01/17/2008
MarketMinder's View: A good reminder of the perils of government intervention.
Sensible Stories
By , Forbes.com, 01/17/2008
MarketMinder's View: It doesn’t get much better than this.
Market Misperceptions
By , International Business Times, 01/17/2008
MarketMinder's View: If oil firms’ profits should be capped, does that mean we have repay them if profits fall?
Sensible Stories
By , Financial Times, 01/17/2008
MarketMinder's View: And don’t just limit it to media! This sums it up well: “...the government might make a resolution to step back and let creative industries get on with generating wealth.”
Market Misperceptions
By , MSNBC.com, 01/17/2008
MarketMinder's View: The government slogan as it relates to the economic affairs of its citizens should be: Less is More.
Sensible Stories
By , Wall Street Journal, 01/17/2008
MarketMinder's View: If Congress wants to stimulate the economy, maybe they should take a hint from Tbilisi.
Market Misperceptions
By , Economist, 01/17/2008
MarketMinder's View: It’s hard to argue global inflation is galloping when long-term interest rates remain historically benign.
Sensible Stories
By , Wall Street Journal, 01/17/2008
MarketMinder's View: Very possible. Ample liquidity exists for larger firms to engage in acquisitions. Cash-based acquisitions shrink stock supply which is bullish.
Market Misperceptions
By , The Telegraph, 01/17/2008
MarketMinder's View: Widely known fears, real or not, are already priced into the markets.
Sensible Stories
By , Washington Times, 01/17/2008
MarketMinder's View: . . . in lowering America’s corporate tax rate.
Sensible Stories
By , The Wall Street Journal, 01/17/2008
MarketMinder's View: Let us follow this logic, by indexing this for inflation, it would raise investors’ expected after-tax returns creating an incentive for Americans to invest more—sounds great to us!
Sensible Stories
By , The Wall Street Journal, 01/17/2008
MarketMinder's View: “Little indication in the beige book that the economy is in dire need of stimulus”
Sensible Stories
By , The New York Times, 01/17/2008
MarketMinder's View: A look at how a progressive economic policy can help with the development of nations.
Sensible Stories
By , MarketWatch, 01/16/2008
MarketMinder's View: That firms are still engaging in cash-based acquisitions tells us the broader economy isn’t as imperiled as headlines imply.
Sensible Stories
By , BBC News, 01/16/2008
MarketMinder's View: Positive news from the world’s third largest economy.
Market Misperceptions
By , Financial Times, 01/16/2008
MarketMinder's View: If regulators are charged with intervening in bankers’ pay, why should we not feel confident for them to regulate all employees’ pay? How about journalists? Compensation contracts between a private employer and its employees are just that—private.
Sensible Stories
By , Financial Times, 01/16/2008
MarketMinder's View: This should be front-page news! We wonder why so many are ignoring this positive news.
Sensible Stories
By , Wall Street Journal, 01/16/2008
MarketMinder's View: We’re pleased the Supreme Court ruled against frivolous lawsuits and in favor of investors.
Sensible Stories
By , Bloomberg, 01/16/2008
MarketMinder's View: After a jump in November, inflation returns to its benign pace.
Sensible Stories
By , Financial Times, 01/16/2008
MarketMinder's View: Talk about what would be another positive development of all this cross-border investment—the lifting of capital controls to allow domestic Chinese investors to invest freely.
Sensible Stories
By , National Review, 01/16/2008
MarketMinder's View: “Fortunately, for all the pessimism, the economy continues to show healthy signs of life.” Too true.
Market Misperceptions
By , Bloomberg, 01/16/2008
MarketMinder's View: No matter how many folks agree—recession is not a foregone conclusion.
Market Misperceptions
By , CNNMoney.com, 01/16/2008
MarketMinder's View: Just plain wrong. Fed rate moves don’t dictate market direction.
Sensible Stories
By , New York Times, 01/16/2008
MarketMinder's View: Hooray! Such rational championing for free trade and globalization is rarely found.
Market Misperceptions
By , Kiplinger, 01/16/2008
MarketMinder's View: While no good news has come out of housing, it’s a relatively small portion of our economy. Further, this story is very well known—there’s little surprise power left to move markets much.
Sensible Stories
By , The Motley Fool, 01/16/2008
MarketMinder's View: Just kidding! A reminder market volatility is nothing to fear.
Sensible Stories
By , Café Hayek, 01/16/2008
MarketMinder's View: A reminder to our dour friends, “incomes in America have not been stagnant since the 1970s.”
Sensible Stories
By , Bloomberg.com, 01/16/2008
MarketMinder's View: Agreed! A government “save” is usually far worse than the alleged problem.
Market Misperceptions
By , The Telegraph, 01/16/2008
MarketMinder's View: We wouldn’t call being tenth being “booted,” but Britain should learn its lesson and lower taxes. As should America!
Sensible Stories
By , The Motley Fool, 01/15/2008
MarketMinder's View: In short, according to this article, you shouldn’t! A good reminder of why and when to sell stocks—i.e., not just because the market’s down or volatile
Market Misperceptions
By , IB Times, 01/15/2008
MarketMinder's View: Sounds scary, but remember, write-downs are accounting maneuvers, not actual losses. The bigger news is Citi got a big cash infusion from overseas. Ample liquidity means big Financials are not as imperiled as headlines imply. For more, see “Lenders on the Block,” 01/11/2008.
Market Misperceptions
By , The Wall Street Journal, 01/15/2008
MarketMinder's View: Note that Greenspan’s forecasting ability has not always been spot on—remember “Irrational Exuberance” in late 1996? That was a full three years before the peak of the market.
Market Misperceptions
By , MSNBC.com, 01/15/2008
MarketMinder's View: Regret shunning gone wild! We’re fairly certain the banks had contracts with individual homeowners, not the city of Cleveland
Sensible Stories
By , SmartMoney, 01/15/2008
MarketMinder's View: Here is the way to look at the markets today: “Stocks are dirt cheap on a valuation basis vs. rock-bottom bond yields.”
Market Misperceptions
By , the Associated Press, 01/15/2008
MarketMinder's View: This is good news! Yet the article bemoans future growth slowing. It’s not only in America that recession fears don’t really match reality
Market Misperceptions
By , Bloomberg, 01/15/2008
MarketMinder's View: “Stimulus” is nice, but not if it means more misguided government intervention. If Congress were serious about “stimulating” the economy, they’d lower taxes—for everyone.
Sensible Stories
By , Wall Street Journal, 01/15/2008
MarketMinder's View: The Index of Economic Freedom is always enlightening. The major takeaway? The way to get freer (and wealthier) is allowing more entrepreneurship.
Sensible Stories
By , MarketWatch, 01/15/2008
MarketMinder's View: Despite all the focus on December’s weak sales, overall holiday sales growth was just fine.
Sensible Stories
By , The New York Times, 01/15/2008
MarketMinder's View: That’s because both have growing economies, despite all the pessimism about the US.
Sensible Stories
By , The Wall Street Journal, 01/15/2008
MarketMinder's View: The Index of Economic Freedom is always enlightening. The major takeaway? The way to get freer (and wealthier) is allowing more entrepreneurship.
Sensible Stories
By , Wall Street Journal, 01/15/2008
MarketMinder's View: “Our preference is for an immediate and permanent across the board cut in marginal income tax rates.” Same here!
Sensible Stories
By , Smart Money, 01/15/2008
MarketMinder's View: “We should want as many participants in the global economy as possible. The more there are, the wealthier and more prosperous the entire world will be.” Yes! Yes yes yes!
Sensible Stories
By , MarketWatch, 01/15/2008
MarketMinder's View: Not that bad!
Sensible Stories
By , Wall Street Journal, 01/14/2008
MarketMinder's View: Automakers are developing fuel-efficient cars without government-imposed energy bills. Funny how markets efficiently respond to demand . . .
Sensible Stories
By , The Economist, 01/14/2008
MarketMinder's View: Staff, The Economist Look for stronger than expected global growth to continue buoying emerging markets.
Sensible Stories
By , Barron’s, 01/14/2008
MarketMinder's View: What’s this about a liquidity crisis?
Sensible Stories
By , The New York Times, 01/14/2008
MarketMinder's View: Some good advice: “Knowledge is a wonderful thing, but sometimes simply knowing what we don’t know is a form of understanding.”
Market Misperceptions
By , Financial Times, 01/14/2008
MarketMinder's View: It’s great to see this “paradox” viewed as a negative and not for what it truly is—a sign of just how cheap equities are relative to fixed income.
Market Misperceptions
By , Reuters, 01/14/2008
MarketMinder's View: Retail sales were supposed to fall in 2007, and they didn’t. We’re not sure how much credence to put in this forecast either.
Sensible Stories
By , Forbes.com, 01/14/2008
MarketMinder's View: We find it hard to believe that any significant positive changes would come out of Washington this year but some pro-growth changes would certainly be welcomed.
Sensible Stories
By , Times Online, 01/14/2008
MarketMinder's View: “The economy is in good health.” We agree!
Market Misperceptions
By , Wall Street Journal, 01/14/2008
MarketMinder's View: No! What we decidedly do not need is more government intervention. Investors needn’t fret a weak dollar—dollar strength doesn’t dictate market direction.
Market Misperceptions
By , The Economist, 01/14/2008
MarketMinder's View: Just because folks fear a recession doesn’t mean one is coming. If fear were a reliable indicator, we’d have been in a recession for the last 18 months—yet the world grew healthily all the while.
Market Misperceptions
By , Associated Press, 01/14/2008
MarketMinder's View: Imposing price caps and raising subsidies only lead to shortages and market inefficiencies.
Market Misperceptions
By , The New York Times, 01/14/2008
MarketMinder's View: Wait. The article states “official statistics do not yet show that consumer spending has dropped.” The view consumers are imperiled is conjecture built on an assumption.
Sensible Stories
By , Times Online, 01/14/2008
MarketMinder's View: Always good to see someone challenging conventional wisdom.
Sensible Stories
By , Forbes, 01/11/2008
MarketMinder's View: Two good reasons to ignore today’s too-dour market pronouncements.
Sensible Stories
By , CNNMoney.com, 01/11/2008
MarketMinder's View: While many call these “rescues,” our suspicion is the buyers see big opportunities to scoop up assets on the cheap.
Market Misperceptions
By , The Washington Post, 01/11/2008
MarketMinder's View: This is faulty logic. Rising energy prices haven’t curtailed economic growth in recent years and there’s little good reason to believe they will now.
Market Misperceptions
By , The Wall Street Journal, 01/11/2008
MarketMinder's View: See our past Cover Story, “Odds On,” 12/14/07, for more.
Market Misperceptions
By , TheStreet.com, 01/11/2008
MarketMinder's View: This is more overly-dour market noir. (See yesterday’s Cover Story, “Market Noir,” for more.)
Sensible Stories
By , The Wall Street Journal, 01/11/2008
MarketMinder's View: We heartily agree.
Sensible Stories
By , Real Clear Markets, 01/11/2008
MarketMinder's View: Agreed! Foreign investment in America isn’t bad—it’s a very wonderful thing!
Sensible Stories
By , Financial Times, 01/11/2008
MarketMinder's View: While this will certainly move at a glacial pace, it’s good to see some embracing a more efficient form of energy.
Sensible Stories
By , The Wall Street Journal, 01/11/2008
MarketMinder's View: We’re confused—more government intervention in free markets as a way to gain popularity? That certainly wouldn’t make anyone popular in our minds.
Market Misperceptions
By , The Telegraph, 01/11/2008
MarketMinder's View: Short-term currency cycles don’t have long-term impacts on the markets.
Sensible Stories
By , CNNMoney.com, 01/11/2008
MarketMinder's View: Lawsuits are a typical feature of investor regret-shunning when an asset type sours.
Sensible Stories
By , The Wall Street Journal, 01/11/2008
MarketMinder's View: “We've been saying for some time that the economy could use another tax cut...” Here at MarketMinder we haven’t been saying that but we’re never ones to turn down less money going into politicians hands.
Sensible Stories
By , Bloomberg.com, 01/11/2008
MarketMinder's View: One thing is clear—the overwhelmingly positive sentiment usually ushering in a bear market is nowhere to be found today.
Market Misperceptions
By , 01/11/2008
MarketMinder's View: Gold prices are not necessarily correlated with stock returns and have also been a poor inflation indicator lately. Gold’s lack of predictive power means stock investors should ignore it.
Market Misperceptions
By , Financial Times, 01/11/2008
MarketMinder's View: For some reason we don’t think this is a reference to becoming the most widely used currency in the world.
Sensible Stories
By , Investor’s Business Daily, 01/10/2008
MarketMinder's View: You want real economic stimulus? How about some supply-side magic.
Market Misperceptions
By , CNNMoney.com, 01/10/2008
MarketMinder's View: An alternate headline could be “Holiday Sales Rose Despite Dour Sentiment!”
Sensible Stories
By , Café Hayek, 01/10/2008
MarketMinder's View: This title pretty much says it all.
Market Misperceptions
By , Wall Street Journal, 01/10/2008
MarketMinder's View: The assertion a recession leads to lower mortgage rates is just wrong. But—mortgage rates are indeed lower today, despite all the dour sentiment surrounding housing!
Market Misperceptions
By , The Telegraph, 01/10/2008
MarketMinder's View: A 15% chance of a contraction in Western economies. Does that not mean an 85% chance of expansion?
Market Misperceptions
By , Reuters, 01/10/2008
MarketMinder's View: Recession “fears” are not the same thing as an actual recession. We might fear an alien invasion—doesn’t mean it has to happen
Market Misperceptions
By , The Wall Street Journal, 01/10/2008
MarketMinder's View: Banks have certainly suffered of late but describing the model as broken is a bit far-fetched.
Sensible Stories
By , Wall Street Journal, 01/10/2008
MarketMinder's View: It’s important to keep an eye not only on America’s Fed, but also on the developed world’s central banks.
Sensible Stories
By , The Wall Street Journal, 01/10/2008
MarketMinder's View: It’s always good to see government bureaucracy on the decline—especially as it relates to running and establishing businesses.
Market Misperceptions
By , newsvine.com, 01/10/2008
MarketMinder's View: Happiness is well and good—but it’s not a reliable economic indicator by any stretch.
Sensible Stories
By , Times Online, 01/10/2008
MarketMinder's View: We expect global growth to exceed now-dire expectations. But keep in mind that bull market peaks are met with euphoria, not the far-reaching pessimism we see today.
Market Misperceptions
By , Forbes, 01/10/2008
MarketMinder's View: Bad idea. Capping energy prices will only lead to energy shortages.
Market Misperceptions
By , Industrial Editor, 01/09/2008
MarketMinder's View: Lets not confuse a slowdown in growth with a decline—there is a big difference.
Sensible Stories
By , Spiegel Online via Businessweek, 01/09/2008
MarketMinder's View: This is a troubling development for global trade.
Market Misperceptions
By , MSNBC.com, 01/09/2008
MarketMinder's View: Who is this person’s lawyer, Dr. Evil!? Perhaps the best example yet why tort reform is needed in the US.
Market Misperceptions
By , Real Clear Markets, 01/09/2008
MarketMinder's View: Most forms of wealth redistribution are the opposite of economic stimulus—very bad ideas.
Sensible Stories
By , 01/09/2008
MarketMinder's View: These are both short-term and backward-looking, but it’s worth noting activity in the housing and credit markets are far from dead.
Sensible Stories
By , Investor’s Business Daily, 01/09/2008
MarketMinder's View: Good advice: Don’t try and time short swings in the market.
Sensible Stories
By , Investor’s Business Daily, 01/09/2008
MarketMinder's View: Free trade is essential to a well-functioning global economy. All those involved benefit.
Market Misperceptions
By , USA Today, 01/09/2008
MarketMinder's View: Yes, it’s been a tough start to 2008, but the first week doesn’t tell us anything about the rest of the year. See our past Cover Story, “January Ineffect” 01/07/08, for more.
Sensible Stories
By , The Wall Street Journal, 01/09/2008
MarketMinder's View: No, MarketMinder is not venturing into the field of medicine, but this applies to investing as well. It’s important to ask the tough questions of your financial advisor (or yourself), your financial health is at stake.
Market Misperceptions
By , The New York Times, 01/09/2008
MarketMinder's View: Let’s try not to place too much predictive power on the first seven days of the year. While deal flow might be less than last year’s record, it should prove rather strong again in 2008.
Sensible Stories
By , The Wall Street Journal, 01/09/2008
MarketMinder's View: Darn those evil corporations trying to lure customers with their extra low prices! What next, ever more reliable products that attempt to create brand loyalty!? We can’t take it anymore.
Sensible Stories
By , Financial Times, 01/09/2008
MarketMinder's View: No subsidies and instead using the power of financial innovation? We love it!
Sensible Stories
By , The Telegraph, 01/09/2008
MarketMinder's View: The headline seems almost dire but the article describes 2.2% growth in developed markets and 7.1% growth in developing countries—this is hardly the end of the world.
Market Misperceptions
By , The Washington Post, 01/09/2008
MarketMinder's View: See yesterday’s Cover Story, “Terza Rima” for more on Wall Street’s current gloom.
Sensible Stories
By , TCS Daily, 01/09/2008
MarketMinder's View: Pricier oil doesn’t have the economic impact it once did because we’ve gotten steadily more efficient, “and unless the government intervenes, we'll be evermore efficient tomorrow.”
Sensible Stories
By , Financial Times, 01/09/2008
MarketMinder's View: “Good news from the World Bank: economists have been too gloomy about the benefits of globalisation.” Now politicians can stop attacking it then, right? Well, we can dream.
Market Misperceptions
By , The Wall Street Journal, 01/09/2008
MarketMinder's View: While political outcomes are important for markets, ignore these early results—anything could happen in the coming weeks.
Market Misperceptions
By , Businessweek, 01/08/2008
MarketMinder's View: “When the market does not follow its normal seasonal patterns, we think something could be very wrong.” Incorrect. Markets don’t follow “normal seasonal patterns.” See “January Ineffect,” 01/07/2008.
Market Misperceptions
By , New York Times, 01/08/2008
MarketMinder's View: The economy always faces challenges.
Sensible Stories
By , Financial Times, 01/08/2008
MarketMinder's View: It’s easy to be “mesmerized by the emergence of China and India”, but don’t forget all of the other developing markets, especially those surrounding Europe, that continue to grow substantially.
Market Misperceptions
By , Kiplinger, 01/08/2008
MarketMinder's View: Stock picking without a top-down strategy could mean ending up with concentrated positionsd in the worst performing sectors—the risk isn’t worth it. Focus the bulk of your energy on more important asset allocation decisions.
Sensible Stories
By , 01/08/2008
MarketMinder's View: Government intervention run amok. Soon they’ll be controlling your thermostat.
Sensible Stories
By , The Telegraph, 01/08/2008
MarketMinder's View: “But the danger is that investors are distracted by all the downbeat headlines and fail to see the wood for the trees.” Exactly!
Market Misperceptions
By , MarketWatch, 01/08/2008
MarketMinder's View: More typical regret shunning as investors point fingers for credit market weakness.
Market Misperceptions
By , Wall Street Journal, 01/08/2008
MarketMinder's View: A tax by any other name still robs capital from productive private citizens.
Market Misperceptions
By , Financial Times, 01/08/2008
MarketMinder's View: Despite all the talk of “global imbalances” (translation: US trade deficit), global trade is a zero-sum game. One countries deficit is another’s surplus. If America’s deficit “improves”, wouldn’t that “imbalance” just shift somewhere else? All this talk ignores the fact the US has run a trade deficit for over 25 years—why is it suddenly bad now? 
Sensible Stories
By , Wall Street Journal, 01/08/2008
MarketMinder's View: A possible tax hike could be a market risk to monitor in the coming years.
Market Misperceptions
By , CNNMoney.com, 01/08/2008
MarketMinder's View: No matter how popular a “bailout” seems—a government fix is nearly always far worse than the problem. We hope talk of mortgage bailouts continues to be all rhetoric, no action.
Market Misperceptions
By , Wall Street Journal, 01/08/2008
MarketMinder's View: We view Sarkozy’s plan to limit foreign investment as potentially troubling for France. Blocking the free flow of capital is never a good idea. Hopefully, this is merely more empty political rhetoric.
Sensible Stories
By , National Review, 01/08/2008
MarketMinder's View: Our economy is performing fine—government threats to “fix” our economy pose a bigger risk.
Market Misperceptions
By , The Telegraph, 01/07/2008
MarketMinder's View: Maybe so, but recommending they should account for up to 35 per cent of an investor’s portfolio ignores just how small the emerging markets are as a percentage of the world market.
Market Misperceptions
By , Barron’s, 01/07/2008
MarketMinder's View: Folks tend to forget employment is predominantly a lagging indicator, not a predictive one.
Sensible Stories
By , The Wall Street Journal, 01/07/2008
MarketMinder's View: It’s certainly true heightened political uncertainty gives stock markets jitters.
Sensible Stories
By , Barron’s, 01/07/2008
MarketMinder's View: We’d support just about any removal of barriers to cross-border trading—it reduces investment costs materially and increases efficiency.
Sensible Stories
By , Real Clear Politics., 01/07/2008
MarketMinder's View: Amen.
Sensible Stories
By , Financial Times, 01/07/2008
MarketMinder's View: “No one benefits if such an important issue [taxes] becomes a headline-based political football.” Indeed.
Market Misperceptions
By , Washington Post, 01/07/2008
MarketMinder's View: Volatility and uncertainty are always a part of investing, not just now.
Market Misperceptions
By , The Independent, 01/07/2008
MarketMinder's View: Headlines that aim to scare you (like this one) should be taken with a grain of salt.
Sensible Stories
By , CNNMoney, 01/07/2008
MarketMinder's View: You have to love that this is the “difficult choice” for consumers—is the state of the economy really that bad?
Sensible Stories
By , The Economist, 01/07/2008
MarketMinder's View: Some good reasons to believe the M&A boom will last in 2008.
Sensible Stories
By , Fortune via CNNMoney.com, 01/07/2008
MarketMinder's View: Spot on. The US economy will not be crushed by current oil prices.
Sensible Stories
By , Financial Times, 01/07/2008
MarketMinder's View: We’re not sure if “must” is the right word, but we’ll never turn down a fiscal stimulus.
Market Misperceptions
By , Bloomberg, 01/07/2008
MarketMinder's View: With the exception of substantially higher investment rates, GDP growth, wage growth, income growth, benign inflation, and a thriving commercial real estate market (to name a few), yeah it’s exactly like Japan.
Sensible Stories
By , The Wall Street Journal, 01/07/2008
MarketMinder's View: A look at the widely beneficial effects of tax reforms in Eastern Europe.
Market Misperceptions
By , The Telegraph, 01/07/2008
MarketMinder's View: This is true—but the more one hears about it, the more it becomes discounted into share prices.
Sensible Stories
By , Barron’s, 01/07/2008
MarketMinder's View: This is great insight. As more economists expect a recession, the more fully the prospect is already priced into stocks.
Sensible Stories
By , The Wall Street Journal, 01/07/2008
MarketMinder's View: We like to go against the crowd just as much as anyone but in this case, we wish even more countries would jump on this bandwagon.
Market Misperceptions
By , The Associated Press via Yahoo! Finance, 01/07/2008
MarketMinder's View: Ha! Recession talk has been around for years now and oil marched up all the while.
Sensible Stories
By , US News, 01/07/2008
MarketMinder's View: An excellent analysis of our economy over the last 25 years, and what will keep us strong looking ahead.
Sensible Stories
By , US News, 01/07/2008
MarketMinder's View: Innovation is the hallmark of productivity and lasting business success.
Market Misperceptions
By , Washington Post, 01/04/2008
MarketMinder's View: An alternate title could be: Unemployment Remains Historically Low.
Sensible Stories
By , Financial Times, 01/04/2008
MarketMinder's View: At the end of the day, these are all investments, some may be immensely profitable while others are not—but this is capitalism at work.
Sensible Stories
By , Times Online, 01/04/2008
MarketMinder's View: Some useful perspective on $100 oil and why we needn’t fear it.
Sensible Stories
By , The Wall Street Journal, 01/04/2008
MarketMinder's View: Malthus must be rolling over in his grave right now—never underestimate the power of innovation.
Market Misperceptions
By , Barrons’, 01/04/2008
MarketMinder's View: It’s positively absurd to compare America’s weak dollar to Zimbabwe’s 50,000% inflation.
Sensible Stories
By , 01/04/2008
MarketMinder's View: Despite credit market volatility, conditions remain ripe for many corporations to continue engaging in mergers and acquisitions.
Market Misperceptions
By , Washington Post, 01/04/2008
MarketMinder's View: This seems alarming, however, recall bankruptcy law changes in 2005/2006 made it more difficult to file and caused a rush for filings in 2005 and a steep decline in 2006. 2007 was likely just a return to normalcy.
Sensible Stories
By , 01/04/2008
MarketMinder's View: An interesting insight highlighting the importance of remaining apolitical when investing: “Polling suggests that voters' assessments of the economy are rooted more in partisan loyalties than in observation of economic conditions.”
Market Misperceptions
By , Financial Post, 01/04/2008
MarketMinder's View: Journalists, angry that oil scare-stories aren’t working, are obviously switching to food to frighten you. It never ends.
Sensible Stories
By , Cato@Liberty, 01/04/2008
MarketMinder's View: “A good rule of thumb…is that government should not do for you what you can do for yourself.” With a conclusion like this, how can you not want to read this?
Market Misperceptions
By , MSN Money, 01/04/2008
MarketMinder's View: No. Read “Stagflation and Lava Lamps,” 04/12/2007.
Market Misperceptions
By , The Telegraph, 01/04/2008
MarketMinder's View: A doomsday headline geared toward selling newspapers, and not much more.
Sensible Stories
By , Bloomberg, 01/04/2008
MarketMinder's View: While we’re skeptical of any pronouncements from a government official, we agree economic growth is likely to surpass too-dour expectations.
Sensible Stories
By , The New York Times, 01/04/2008
MarketMinder's View: Good news if you like the sound of a growing economy.
Sensible Stories
By , Financial Times, 01/03/2008
MarketMinder's View: We may not agree with everything here, but it’s a well thought out piece that is worth a read.
Sensible Stories
By , MSNBC.com, 01/03/2008
MarketMinder's View: Precisely. Today energy consumption is a very small percentage of US incomes.
Market Misperceptions
By , Times Online, 01/03/2008
MarketMinder's View: Rising oil prices haven’t halted the expanding global economy over the past 4 years, there’s no reason to think that $100 oil will stop it now.
Market Misperceptions
By , The Telegraph, 01/03/2008
MarketMinder's View: What a great investment gold has been—back at parity after only 28 years!
Market Misperceptions
By , The Washington Post, 01/03/2008
MarketMinder's View: Actually, the economy appears quite healthy and inflation remains benign today. Don’t mistake credit woes isolated to the Financials and housing industries for broader economic trouble.
Market Misperceptions
By , MSNBC, 01/03/2008
MarketMinder's View: When it comes to predicting recessions, don’t play the odds, play the facts. See our past commentary, “Odds On” 12/14/07, for more.
Sensible Stories
By , The Wall Street Journal, 01/03/2008
MarketMinder's View: Increased trade between developing countries is great news for the global economy.
Sensible Stories
By , ABC News, 01/03/2008
MarketMinder's View: An anecdotal reminder the real estate market is largely regional. Trouble in a few regions is skewing the data for the whole country, and on balance housing prices have yet to implode.
Sensible Stories
By , International Business Times, 01/03/2008
MarketMinder's View: Election season officially starts today with the Iowa caucuses. It’s well worth staying apprised of these developments. See yesterday’s commentary, “New Year, Old Worries,” for more.
Market Misperceptions
By , The New York Times, 01/03/2008
MarketMinder's View: This is meant to be news, but sure feels like editorial to us. Ignore.
Market Misperceptions
By , Bloomberg, 01/03/2008
MarketMinder's View: Use of emotion-inducing words like “exploited” and “sold out” tell a misleading story. Call us crazy, but we think foreign investment is a great thing.
Sensible Stories
By , Forbes, 01/03/2008
MarketMinder's View: A strongly argued plea for increased global trade and fewer government subsidies.
Market Misperceptions
By , Barron’s, 01/03/2008
MarketMinder's View: While we always appreciate a good Voltaire reference, the fact remains it’s still a pretty darn good world today.
Sensible Stories
By , The Economist, 01/03/2008
MarketMinder's View: A fun story about the matchbook king—a swindler and innovator both.
Market Misperceptions
By , MarketWatch, 01/02/2008
MarketMinder's View: Wow. Lots of fear, not much substance.
Market Misperceptions
By , Investor’s Business Daily, 01/02/2008
MarketMinder's View: First, you shouldn’t ignore forecasts—you should examine them to see what everyone’s expecting based on factors likely already priced into stocks. Second, don’t expect past price patterns to indicate future price moves.
Market Misperceptions
By , Reuters.com, 01/02/2008
MarketMinder's View: How does holiday spending being up a healthy 2.5% raise a recession flag? Dour predictions holiday spending would fall simply weren’t true.
Market Misperceptions
By , Bloomberg, 01/02/2008
MarketMinder's View: CEOs get big paychecks because they bear all the risk and take all the blame when things go awry.
Market Misperceptions
By , Financial Times, 01/02/2008
MarketMinder's View: And what happened since the end of the dotcom bust? A bull market! Investors shouldn’t fear pessimism—it’s euphoria that is worrisome.
Sensible Stories
By , Washington Times, 01/02/2008
MarketMinder's View: A look at how 2007’s scary news actually impacted us.
Sensible Stories
By , The Telegraph, 01/02/2008
MarketMinder's View: Say it with us: Supply Reduction!
Market Misperceptions
By , MSNBC, 01/02/2008
MarketMinder's View: Though the prospect of more government intervention is frightening, we’re confident this will amount to little more than political hot air.
Market Misperceptions
By , CNNMoney.com, 01/02/2008
MarketMinder's View: When are markets not volatile?
Sensible Stories
By , Bloomberg, 01/02/2008
MarketMinder's View: A rational look at current economic conditions, and a reminder market performance and economic performance aren’t the same thing
Market Misperceptions
By , Financial Times, 01/02/2008
MarketMinder's View: We see neither and expect global economic growth to surprise on the upside.
Sensible Stories
By , The Telegraph, 01/02/2008
MarketMinder's View: In today’s pessimistic environment a forecast of markets being “reasonable” makes one sound like a screaming bull.
Market Misperceptions
By , New York Times, 01/02/2008
MarketMinder's View: “All this is to say that the following forecasts should be taken with more than a grain of salt.” Truer words have rarely ever been printed. So why should we believe the dour predictions herein?