Home → Fisher Investments MarketMinder Headlines → 11-2008 Archives

Sensible Stories
By , Bloomberg, 11/28/2008
MarketMinder's View: The market is reacting positively to the company consideration of selling off half of US brands.
Market Misperceptions
By , The New York Times, 11/28/2008
MarketMinder's View:
We disagree.  It’s not “game over” for the American consumer. Consumers will be lining up this holiday shopping season.
Sensible Stories
By , MarketWatch, 11/28/2008
MarketMinder's View: This fall in euro-zone inflation rate could give the European Central Bank more room to maneuver to help slowing economies.
Market Misperceptions
By , The Wall Street Journal, 11/28/2008
MarketMinder's View: It’s not surprising consumers are tightening their belts amid such pervasive dour economic sentiment. But luxury auto sales are not necessarily indicative of the broader market.
Sensible Stories
By , The Motley Fool, 11/28/2008
MarketMinder's View: While we don’t agree with everything this in article, we have experienced this before and—like always—the economy will turn around. In the meantime, stay disciplined and you’ll likely reap great rewards in the upswing.
Market Misperceptions
By , Times Online, 11/28/2008
MarketMinder's View:

The speed with which a country enters recession gives us no information on it’s duration. It’s also worth noting that the article contains no data on GDP, the measure of economic growth or recession!

Market Misperceptions
By , The Los Angeles Times, 11/28/2008
MarketMinder's View:
Less lavish holiday parties shouldn’t concern—trimming excesses now is likely good for businesses going forward.
Sensible Stories
By , The Wall Street Journal, 11/28/2008
MarketMinder's View: Bowing to the temptation to increase protectionist legislation will only lengthen the slowdown.
Sensible Stories
By , The Wall Street Journal, 11/28/2008
MarketMinder's View: Currently, the Office of Financial Stability is under-staffed—potentially hindering the government’s financial induced rescue plans.
Sensible Stories
By , The Independent, 11/27/2008
MarketMinder's View: Tax something more and you get less of it—you’d think the government would want more people earning more money, not the opposite.
Sensible Stories
By , Pittsburgh-Tribune Review, 11/27/2008
MarketMinder's View: “The blessing for which we should be most grateful is that we still live in a society in which markets remain the chief means of directing economic activity.” We’ll raise a drumstick to that—Happy Thanksgiving everyone!
Market Misperceptions
By , The Wall Street Journal, 11/27/2008
MarketMinder's View: This article conveniently suggests government by contractor is the same as privatization. Private enterprise does work more efficiently than governments but only when completely free from intervention.
Sensible Stories
By , Smartmoney.com, 11/27/2008
MarketMinder's View: “America's widespread prosperity wasn't born of conquests, bailouts or stimulus packages, but of political and economic liberty.” – We mustn’t forget that in climbing out of the current troubles.
Market Misperceptions
By , Times Online, 11/26/2008
MarketMinder's View:
The world won’t run out of oil because the price is down at $50. Just as $50 oil earlier this decade didn’t herald the end of the world.
Sensible Stories
By , The Wall Street Journal, 11/26/2008
MarketMinder's View: Some great points on what may have put GM in danger and next steps to consider for the Big Three.
Sensible Stories
By , The Wall Street Journal, 11/26/2008
MarketMinder's View: Despite all the turmoil of this year, we hope you’ll take a moment and read this brief digression on the tradition of Thanksgiving.
Sensible Stories
By , Time, 11/26/2008
MarketMinder's View: “Regulation and state control may seem attractive at a time of crisis, but eventually it creates problems of its own, and people will crave the economic freedom they had surrendered.” We couldn’t have said it better ourselves.
Sensible Stories
By , The Wall Street Journal, 11/26/2008
MarketMinder's View: The latest intervention has had meaningful effects on 30-year mortgages—rates were down as much as a half percent, which could aid borrowers across the board. This is good progress compared to completely frozen markets just a month ago.
Sensible Stories
By , The New York Times, 11/26/2008
MarketMinder's View: “Our current downturn will end as well someday, and, as in the ’30s, the recovery will probably come for reasons that have little to do with most policy initiatives.” Well said.
Market Misperceptions
By , The Big Picture, 11/26/2008
MarketMinder's View: A poor comparison because the real cost of the bailouts and other government measures is likely to be much, much lower than quoted here. In fact, the US will probably turn a profit in many areas where it is lending today.
Market Misperceptions
By , The Times Online, 11/26/2008
MarketMinder's View: Smoothie sales as an economic indicator? We don’t think so.
Market Misperceptions
By , Bloomberg, 11/26/2008
MarketMinder's View: This isn’t good news, but a 1% decline is not Armageddon, and there’s no good reason to anchor seven years as a meaningful time period.
Market Misperceptions
By , The Wall Street Journal, 11/26/2008
MarketMinder's View: This article highlights some valid points. However, the fact remains we simply do not know if the government’s plans have worked yet. The results will be apparent in time, but they won’t be instantaneous.
Sensible Stories
By , Fortune, 11/26/2008
MarketMinder's View: While we may not agree with every point in this article, we believe now is a good time to remain disciplined and anticipate an eventual recovery.
Sensible Stories
By , The New York Times, 11/26/2008
MarketMinder's View: Details on new government-sponsored loan plans were unveiled Tuesday. For more, see our 11/26/2008 cover story, “Take Two.”
Sensible Stories
By , The Wall Street Journal, 11/26/2008
MarketMinder's View: The Common Agricultural Policy is as powerful a reminder as any to the inefficiency of government intervention.
Sensible Stories
By , Forbes, 11/26/2008
MarketMinder's View: Europe is unveiling new economic stimulus initiatives, and it is worth staying informed of them. Instead of asking “is it enough,” we might want to ask whether short-term stimulus packages work at all.
Sensible Stories
By , The Telegraph, 11/26/2008
MarketMinder's View: The headline says it all.
Market Misperceptions
By , The New York Times, 11/26/2008
MarketMinder's View: Sacrificing a pair of designer jeans is not indicative of economic woe.
Sensible Stories
By , The Wall Street Journal, 11/26/2008
MarketMinder's View: In response to the Fed’s attempt to stabilize the housing market, some are eagerly refinancing.
Sensible Stories
By , Bloomberg, 11/25/2008
MarketMinder's View: More government programs designed to unfreeze credit markets were unveiled today in a new $800 billion package.
Sensible Stories
By , The Wall Street Journal , 11/25/2008
MarketMinder's View: “Short-term fiscal policies fail to promote long-term growth.” Our thoughts exactly.
Market Misperceptions
By , The Financial Times, 11/25/2008
MarketMinder's View:
GDP forecasts are notoriously inaccurate and there’s no good reason to believe this one is any different.
Sensible Stories
By , Real Clear Markets, 11/25/2008
MarketMinder's View: Some insight on the president-elect’s economic team picks.
Sensible Stories
By , The Wall Street Journal, 11/25/2008
MarketMinder's View: If there’s one clear feature of the US government’s actions so far this year, it’s been protection of big banking interests at nearly any cost.
Market Misperceptions
By , Reuters, 11/25/2008
MarketMinder's View: This isn’t good news, but contrary to popular belief, a 0.5% contraction is a far cry from a New Depression.
Sensible Stories
By , Investors Business Daily, 11/25/2008
MarketMinder's View: “When a national government tries to breathe life into an economy with massive spending, the result is massive economic inefficiency.” – Big government spending is not the answer.
Sensible Stories
By , The Wall Street Journal, 11/24/2008
MarketMinder's View: It’s never a good idea to allow too much government involvement – they rarely manage to solve problems without causing more.
Sensible Stories
By , The Wall Street Journal, 11/24/2008
MarketMinder's View: This is yet another affirmation the US government will move to protect imperiled banking assets.
Market Misperceptions
By , CNNMoney, 11/24/2008
MarketMinder's View:
False. Over the long term, oil prices and stock prices have not been meaningfully historically correlated.
Sensible Stories
By , The Wall Street Journal, 11/24/2008
MarketMinder's View: Politics play a huge role at the supposedly apolitical Fed. This is worth keeping an eye on.
Sensible Stories
By , Newsweek, 11/24/2008
MarketMinder's View: As the Great Depression appears more and more in the media, it’s important to remind ourselves why today is so different.
Market Misperceptions
By , The Financial Times, 11/24/2008
MarketMinder's View: Attributing today’s turmoil to removing the gold standard 37 years ago makes no sense.
Market Misperceptions
By , The New York Times, 11/24/2008
MarketMinder's View:
A Chapter 11 bankruptcy (rather than a bailout) is likely the best bet for the Big Three since it allows for reorganization while remaining in business. See our 11/11/2008 cover story, “A Motor City Mess,” for more.
Sensible Stories
By , The Wall Street Journal, 11/24/2008
MarketMinder's View: Typical of bear market bottoms, negative sentiment often finds a way to cast shadows on good news.
Sensible Stories
By , The Wall Street Journal, 11/24/2008
MarketMinder's View: In light of the financial crisis and the increased role of government lately, investors would be well served to keep a close eye on President-elect Obama’s appointment choices and their actions going forward.
Market Misperceptions
By , The Chicago Tribune, 11/21/2008
MarketMinder's View: We’d caution against using esoteric studies such as this as a valid market indicator.
Sensible Stories
By , Reuters, 11/21/2008
MarketMinder's View: It’s a good sign banks have access to free capital to bid for Chevy Chase.
Sensible Stories
By , The Wall Street Journal, 11/21/2008
MarketMinder's View: Financial giant Citigroup is the topic of much turmoil and worry of late—it’s worth staying informed on this issue.
Market Misperceptions
By , The Financial Times, 11/21/2008
MarketMinder's View:

“There is no better opportunity to dig ourselves out of the current economic crisis than by confidently investing in environmental innovation.” Really? We’ve seen plenty of government intervention this year and it’s hardly been a resounding success.

Sensible Stories
By , The Weekly Standard, 11/21/2008
MarketMinder's View: “This isn't the 1930s, or even the early 1980s.” – Exactly.
Sensible Stories
By , Real Clear Markets, 11/21/2008
MarketMinder's View: Another notable political development: A new bill to further assist the unemployed.
Sensible Stories
By , Bloomberg, 11/21/2008
MarketMinder's View: A notable development: A six-week freeze is being put in place by Freddie and Fannie to allow for a more “streamlined modification program.”
Market Misperceptions
By , The New York Times, 11/21/2008
MarketMinder's View: It’s true things are not rosy, but persistent Depression comparisons are far overwrought by now.
Sensible Stories
By , The Wall Street Journal, 11/21/2008
MarketMinder's View: Chapter 11 bankruptcy could actually provide the automakers with a chance to reorganize and ultimately become stronger.
Sensible Stories
By , The Wall Street Journal, 11/20/2008
MarketMinder's View: Forces outside the norm are probably affecting market pricing mechanisms in the short-term. See our 11/17/08 cover story, “Invest for the Future, Not the Present,” for more.
Market Misperceptions
By , CNNMoney, 11/20/2008
MarketMinder's View: So-called “leading economic indicators,” ironically, use backward-looking data. The stock market is the ultimate leading economic indicator and will reflect reality well before any survey.
Market Misperceptions
By , Times Online, 11/20/2008
MarketMinder's View: Rising prices were hurting consumers months ago, but now falling prices are hurting them too?
Sensible Stories
By , The Wall Street Journal, 11/20/2008
MarketMinder's View: So far, the more the government interferes, the more volatile the market gets. When will they get the message?
Market Misperceptions
By , Fortune, 11/20/2008
MarketMinder's View:
Raising taxes on the consuming populace is among the greatest mistakes possible during an economic downturn.
Sensible Stories
By , Forbes.com, 11/20/2008
MarketMinder's View: “The more options you try, the more uncertainty is injected into the economy, and the more cautious are investors and employers and consumers.” Sometimes the best government action is inaction.
Sensible Stories
By , Reuters, 11/20/2008
MarketMinder's View: As concerns about commercial real estate debt grow, we note that TARP and the Fed already have the power to shore up liquidity if more is needed. That said, it’s too soon to tell whether lingering commercial property debt will add substantively to the current financial crisis, but it’s a good idea to keep an eye on it.
Sensible Stories
By , The San Francisco Chronicle, 11/20/2008
MarketMinder's View: We’ve said it before: Chapter 11 bankruptcy, which allows for operational and management restructuring, is a better long-term option for the Big Three than an outright bailout
Sensible Stories
By , The Wall Street Journal, 11/20/2008
MarketMinder's View: Anytime and anywhere there is a barrier to investment or trade, there is a barrier to economic growth.
Sensible Stories
By , Investor’s Business Daily, 11/20/2008
MarketMinder's View: Oil’s previous price rise and subsequent decline are and has always been a function of supply and demand. In the short term, commodities prices have always vacillated wildly.
Sensible Stories
By , Forbes, 11/19/2008
MarketMinder's View: A great article supporting Warren Buffett’s mantra of “be greedy only when others are fearful.”
Sensible Stories
By , Real Clear Markets, 11/19/2008
MarketMinder's View: We love to see nations cutting taxes to compete for capital.
Market Misperceptions
By , Real Clear Markets, 11/19/2008
MarketMinder's View: It’s true residential construction growth has dropped off precipitously. But note that construction is still going on—nearly 800,000 new homes will be built this year.
Sensible Stories
By , National Review, 11/19/2008
MarketMinder's View: Yet another article highlighting the often poor communication surrounding bailouts and stimulus packages. Increased confusion only hinders progress and efficacy.
Sensible Stories
By , Fund Strategy, 11/19/2008
MarketMinder's View: If you look closely at the facts from both now and then, it’s apparent we’re currently nowhere near another Great Depression—yet the comparison is constantly made.
Market Misperceptions
By , Briefing.com, 11/19/2008
MarketMinder's View: Suddenly, deflation will destroy us? And to think just a few months ago the same folks were saying inflation would kill us. Price indexes can be extremely volatile in the short term. Ignore.
Market Misperceptions
By , The Wall Street Journal, 11/19/2008
MarketMinder's View:
It’s always useful to remember the motivations of executives! We really don’t need government getting any more bad ideas on where to involve themselves.
Market Misperceptions
By , CNNMoney, 11/19/2008
MarketMinder's View: Whether or not GM fails, the outcome will not be as severe as most predict. For more, see our 11/11/08 cover story, “A Motor City Mess.”
Sensible Stories
By , The New York Times, 11/19/2008
MarketMinder's View: Bailouts are not the cure-all, and trouble for the Big Three won’t be the end of the auto industry as we know it. Instead, the auto industry needs to be revamped to survive long term.
Sensible Stories
By , The New York Times, 11/18/2008
MarketMinder's View: Government could do worse than heed the lessons of history. A bailout won’t solve the flaws in Detroit.
Market Misperceptions
By , The Financial Times, 11/18/2008
MarketMinder's View:
Let’s hope that not everyone is a fool then! More government intervention is the last thing we need.
Sensible Stories
By , The New York Times, 11/18/2008
MarketMinder's View: A recap from Paulson on what has happened surrounding the financial crisis, lessons learned, and a look at what’s to come.
Market Misperceptions
By , Marketwatch.com, 11/18/2008
MarketMinder's View:
Why 2011? Possibly because by then we’ll all have forgotten this article. This is far too sensational to be taken seriously.
Sensible Stories
By , Forbes.com, 11/18/2008
MarketMinder's View: “The underlying economic problems of the past few months have more to do with risk aversion and panic than any underlying collapse in economic activity.” – There’s no reason yet to believe we’re in for a long recession.
Sensible Stories
By , npr.org, 11/17/2008
MarketMinder's View: When no one knows how the rules of the game are going to change — and they seem to change from week to week — who wants to take a risk?” A lesson in keeping markets free from government intrusion.
Sensible Stories
By , Bloomberg.com, 11/17/2008
MarketMinder's View: Ultimately markets are much more efficient than governments.
Sensible Stories
By , The Wall Street Journal, 11/17/2008
MarketMinder's View: Concerns and blame tied to CDSs are very much overblown.
Sensible Stories
By , Times, 11/17/2008
MarketMinder's View: Today’s high market volatility is a prime example of unintended, negative consequences tied to government intervention in free markets.
Sensible Stories
By , Bloomberg, 11/17/2008
MarketMinder's View: A downturn in the world’s second-largest economy is significant and should be monitored. But it’s important to keep in mind such reports highlight the past, not necessarily the future.
Market Misperceptions
By , Reuters, 11/17/2008
MarketMinder's View: While predicted unemployment looks and sounds scary, it’s important to remember this survey’s based on individual beliefs, not hard facts.
Market Misperceptions
By , The Daily Telegraph, 11/17/2008
MarketMinder's View:

Currency fluctuations tell us nothing about the long term prospects for the UK economy.

Market Misperceptions
By , CNNMoney, 11/17/2008
MarketMinder's View: While a recession appears more and more likely, this is yet another survey based on backward-looking indicators and may be completely wrong. Further, a simple survey is not an appropriate way to forecast a downturn’s severity.
Sensible Stories
By , The Wall Street Journal, 11/17/2008
MarketMinder's View: If GM goes bankrupt, Chapter 11 (not 7) is the most likely outcome. See our 11/11/2008 cover story, “A Motor City Mess,” for more.
Sensible Stories
By , Forbes, 11/17/2008
MarketMinder's View: Trying to time the stock market is indeed very much like playing the lottery—the chances of winning big are a function of chance, not fundamentals.
Sensible Stories
By , The New York Times, 11/17/2008
MarketMinder's View: Though not much was accomplished—and we’re skeptical much will be going forward—in this G-20 meeting, keeping an eye on future G-20 policies and decisions is important for investors.
Market Misperceptions
By , Reuters, 11/17/2008
MarketMinder's View: A wealth of new economic “indicators” is making a debut in these hard times. Despite what some are saying, muffins and iPods were never stock market indicators and should not be regarded as such.
Market Misperceptions
By , The New York Times, 11/17/2008
MarketMinder's View: If Spam is indeed a reliable economic indicator, does it then mean the Hawaiian islands have been in recession for decades? No.
Market Misperceptions
By , Times Online, 11/14/2008
MarketMinder's View: No doubt there are some hedge funds in trouble but we’ve seen his predictions go awry before—and the world isn’t going to come to an end with a few less hedge funds.
Sensible Stories
By , 11/14/2008
MarketMinder's View: A case against government intervention. As stated, free markets worked just fine without Uncle Sam stepping in to stifle new change.
Market Misperceptions
By , Times Online, 11/14/2008
MarketMinder's View: “First-Ever” sounds bad until you realize that we’re only looking back as far as 1999.
Market Misperceptions
By , The New York Times, 11/14/2008
MarketMinder's View: With a lame duck president and an absentee president-elect, the G20 meetings aren’t likely to bear much fruit.
Sensible Stories
By , The Wall Street Journal, 11/14/2008
MarketMinder's View: Robbing Peter to pay Paul is no economic solution.
Sensible Stories
By , The Wall Street Journal, 11/14/2008
MarketMinder's View: Redistributing money to create stimulus plans provides no long-term benefit to the economy.
Sensible Stories
By , The Wall Street Journal, 11/14/2008
MarketMinder's View: Behaviorism at its finest. Psychology and investing have more in common than you think.
Market Misperceptions
By , Bloomberg, 11/14/2008
MarketMinder's View: No doubt this is a sign of weakness in the economy. But keep in mind this is a description of the past—and markets are constantly pricing in the future. What matters is what consumer spending will be looking ahead.
Sensible Stories
By , The New York Times, 11/14/2008
MarketMinder's View: More companies than ever before are seeking government aid. Government intervention, whether through bailouts or otherwise, usually causes just as many problems as solutions.
Sensible Stories
By , The Atlantic, 11/14/2008
MarketMinder's View: A wonderfully personal look at the cost of bailouts.
Sensible Stories
By , The Wall Street Journal, 11/14/2008
MarketMinder's View: It looks as though Beltway gridlock could prevail at least until 2009—a positive for the legislation-abhorring stock market.
Sensible Stories
By , Financial Times, 11/14/2008
MarketMinder's View: The so-called rescue package’s “...twisting and turning has created avoidable uncertainty for already battered investors.” Well said.
Market Misperceptions
By , The Chicago Tribune, 11/14/2008
MarketMinder's View: Now holiday office parties are an economic indicator? We don’t think so.
Market Misperceptions
By , Bloomberg, 11/13/2008
MarketMinder's View: Monthly numbers—especially the trade deficit—are not predictive of stock market movements. Ignore.
Market Misperceptions
By , MarketWatch.com, 11/13/2008
MarketMinder's View: Comparisons between now and the onset of the Great Depression remain wide of the mark.
Market Misperceptions
By , CNNMoney, 11/13/2008
MarketMinder's View: Although jobless claims are rising, remember they are a lagging indicator and not predictive of stock market movements.
Sensible Stories
By , Seeking Alpha, 11/13/2008
MarketMinder's View: Never before has a Treasury Secretary had so much power. With so little restriction and oversight, uncertainty about just what he’ll do next abounds.
Sensible Stories
By , The New York Times, 11/13/2008
MarketMinder's View: In our view, recent market volatility stems from uncertainties surrounding the government’s next move, and just how exactly TARP will be used.
Sensible Stories
By , The Wall Street Journal, 11/13/2008
MarketMinder's View: It’s a story as old as Uncle Sam himself: Government interventions have always caused negative unintended consequences.
Market Misperceptions
By , CNNMoney, 11/13/2008
MarketMinder's View: While more transparency is a good thing, more regulation and government oversight is not.
Sensible Stories
By , The Daily Telegraph, 11/13/2008
MarketMinder's View: It might seem tempting to declare the end of the stock market but it’s important to look historically and retain perspective.
Sensible Stories
By , RealClearMarkets, 11/13/2008
MarketMinder's View: A federal bailout for the Big Three looks likely, but another bailout for the US auto industry will likely be a fruitless attempt to rescue an industry in danger of drowning for many years. See our 11/11/2008 cover story, “A Motor City Mess,” for more.
Market Misperceptions
By , MSNBC, 11/12/2008
MarketMinder's View: When gas was at $4, that was bad and now that it’s at $2, it’s still bad? At the bottom of bear markets even good news is seen as bad news.
Sensible Stories
By , The Washington Times, 11/12/2008
MarketMinder's View: While we may not agree with every point in this article, we do agree too much government intervention can disrupt natural market pricing mechanisms.
Sensible Stories
By , Café Hayek, 11/12/2008
MarketMinder's View: If you see us wearing these t-shirts, don’t be surprised.
Market Misperceptions
By , The New York Times, 11/12/2008
MarketMinder's View: True, US consumer spending has slightly contracted of late, but sensational language like “buying binge” and “slams to halt” reflects today’s dour sentiment more than anything else.
Sensible Stories
By , The Wall Street Journal, 11/12/2008
MarketMinder's View: The Treasury Department has put plans to assist with troubled mortgage-related assets on hold for now.
Market Misperceptions
By , Bloomberg, 11/12/2008
MarketMinder's View: An overly dour outlook describing today’s economic weakness.
Market Misperceptions
By , Newsweek, 11/11/2008
MarketMinder's View:
First it was declared inflation and high prices will ruin the economy—and now lower prices will create “economic havoc”? Neither point is likely. Ignore.
Market Misperceptions
By , Telegraph.co.uk, 11/11/2008
MarketMinder's View: If “deregulation” is truly to blame, it sure is ironic that two victims of the current troubles have been US government sponsored enterprises (GSEs).
Sensible Stories
By , The Wall Street Journal, 11/11/2008
MarketMinder's View: Decisions have yet to be made, but here are some details about a possible loan modification plan for Freddie and Fannie.
Sensible Stories
By , The Wall Street Journal, 11/11/2008
MarketMinder's View: “Now they need to allow private capital to replace government control.” Private capital is always more attractive.
Sensible Stories
By , CNNMoney.com, 11/11/2008
MarketMinder's View: Some good advice from the Oracle of Omaha we could all benefit from, no matter the circumstance.
Market Misperceptions
By , Yahoo Finance, 11/11/2008
MarketMinder's View: We don’t see much resemblance between today’s environment and the Great Depression. This is just another extremely dour outlook on the current situation.
Sensible Stories
By , Forbes, 11/11/2008
MarketMinder's View: Too much government intervention can be problematic, because it often breeds negative, unintended consequences.
Market Misperceptions
By , Reuters, 11/11/2008
MarketMinder's View: Basing economic conditions on movie concession sales? Raisinet sales never have been (and never will be) an economic indicator.
Market Misperceptions
By , The Wall Street Journal, 11/10/2008
MarketMinder's View: In a search for scapegoats, Congress lurks around hedge funds.
Sensible Stories
By , The Wall Street Journal, 11/10/2008
MarketMinder's View: A bailout for the auto industry? Some would say it looks like a definite possibility.
Market Misperceptions
By , Bloomberg, 11/10/2008
MarketMinder's View: Since the stock market is a leading economic indicator, we will likely see a rapid market rebound before signs of an economic recovery.
Market Misperceptions
By , Barron’s, 11/10/2008
MarketMinder's View: Whether or not much of this is accurate, it’s likely priced in.
Sensible Stories
By , Associated Press, 11/10/2008
MarketMinder's View: China pumped billions of dollars into its economy in an attempt to help alleviate pains of a global crisis.
Sensible Stories
By , Reuters, 11/10/2008
MarketMinder's View: In a record bailout, the government restructures AIG’s rescue plan first proposed back in October.
Sensible Stories
By , Times Online, 11/10/2008
MarketMinder's View: To date Fannie Mae has not tapped into the $100 billion rescue fund, but may be forced to during tough market conditions.
Market Misperceptions
By , The Chicago Tribune, 11/10/2008
MarketMinder's View: Toward the end of a bear market, it’s sometimes typical to expect headlines claiming the end of stocks.
Market Misperceptions
By , CNNMoney.com, 11/10/2008
MarketMinder's View: How about leaving money in the hands of individuals?
Sensible Stories
By , Financial Times, 11/10/2008
MarketMinder's View: We think so—rallies off the bottom of bear markets tend to be swift.
Market Misperceptions
By , Barron’s, 11/10/2008
MarketMinder's View: More dire warnings, but nothing new here. Ignore.
Sensible Stories
By , New York Post, 11/10/2008
MarketMinder's View: Indeed, it’s best to avoid those errors entirely.
Sensible Stories
By , The Financial Times, 11/07/2008
MarketMinder's View: Maintaining open markets is important for trade growth everywhere in the world.
Sensible Stories
By , The Wall Street Journal, 11/07/2008
MarketMinder's View: More transparency and quicker, and easier trades? It’s a good thing! See our 11/6/2008 cover story, “Monsters Under the Bed,” for more.
Market Misperceptions
By , Bloomberg, 11/07/2008
MarketMinder's View: The implicit correlation—that currency and job reports are linked—is erroneous. Ignore.
Sensible Stories
By , The Wall Street Journal, 11/07/2008
MarketMinder's View: “Keynesian stimulus is sometimes good short-term politics despite being bad economics.” Just so we all agree that it’s politics, not economics.
Market Misperceptions
By , The Wall Street Journal, 11/07/2008
MarketMinder's View: Past stimulus plans have been fleeting in effect, and government action historically has numerous negative, unintended consequences.
Market Misperceptions
By , Times Online, 11/07/2008
MarketMinder's View:
Given how volatile the IMF’s forecasting seems to be, it’s utterly pointless to read much into a forecast for the whole of 2009.
Sensible Stories
By , The Wall Street Journal, 11/07/2008
MarketMinder's View: So far, the so-called rescue plan has been neither swift nor decisive. Instead, it’s been slow, vague, and lumbering—as are many government responses.
Market Misperceptions
By , The New York Times, 11/07/2008
MarketMinder's View: Since when did a decrease in surgeries and knee replacements become a practical economic indicator?
Sensible Stories
By , The Independent, 11/07/2008
MarketMinder's View: Forcing banks to lend money when it isn’t in their interest to do so would only exacerbate problems, not alleviate them.
Market Misperceptions
By , Bloomberg, 11/07/2008
MarketMinder's View: It’s come to this: mushrooms are the energy panacea. Archetypal histrionics.
Sensible Stories
By , Bloomberg, 11/07/2008
MarketMinder's View: Although increasing stock supply isn’t always beneficial, it’s a positive sign capital is being raised.
Market Misperceptions
By , The New York Times, 11/07/2008
MarketMinder's View: While Christmas may not be as “designer” as years past, it’s clear that sales growth will slow or contract slightly, not implode or halt altogether. Big difference.
Market Misperceptions
By , The New York Times, 11/07/2008
MarketMinder's View:
What do the market moves of any two day trading period tell you about where it’s heading over the long run? Nothing at all.
Market Misperceptions
By , BusinessWeek, 11/06/2008
MarketMinder's View: Even at relatively moderate oil prices (from all time highs earlier this year), most energy companies will remain profitable in the foreseeable future.
Market Misperceptions
By , BusinessWeek.com , 11/06/2008
MarketMinder's View: Jobless claims are a lagging indicator and non-predictive of stock market movements.
Market Misperceptions
By , The Wall Street Journal, 11/06/2008
MarketMinder's View: TARP leaves financial services firms exposed to government meddling.
Sensible Stories
By , The Wall Street Journal, 11/06/2008
MarketMinder's View: We don’t either. The new President could do worse than listen to these requests – “lower taxes, less spending and less regulation.”
Sensible Stories
By , The Wall Street Journal, 11/06/2008
MarketMinder's View: Some cogent insights and reasons to believe relative gridlock in the Beltway (a good thing for stocks) is more likely than many think.
Sensible Stories
By , The New York Times, 11/06/2008
MarketMinder's View: It’s important to keep an eye on global central bank actions. They can help spur growth.
Market Misperceptions
By , BBC News, 11/06/2008
MarketMinder's View: A prediction of 2.2% overall global economic growth in 2009 isn’t great, but it’s not bad.
Market Misperceptions
By , The New York Post, 11/06/2008
MarketMinder's View: Just what we need, more government involvement in housing!
Sensible Stories
By , The New York Times, 11/05/2008
MarketMinder's View: It doesn’t appear a supermajority will be reached.
Market Misperceptions
By , MSNBC, 11/05/2008
MarketMinder's View: No doubt the economy has weakened in the second half of the year, but we wouldn’t put too much stock in a single month’s data—good or bad.
Market Misperceptions
By , Times Online, 11/05/2008
MarketMinder's View:
Headlines will continue to be negative well after the bottom of the market—it’s just part of the Wall of Worry that the market will have to climb.
Sensible Stories
By , The Wall Street Journal, 11/05/2008
MarketMinder's View: The laws of unintended consequences!
Sensible Stories
By , The Wall Street Journal, 11/05/2008
MarketMinder's View: It’s difficult to have confidence in governments anywhere when the track record suggests their greatest trick is an ability to exacerbate rather than solve problems.
Market Misperceptions
By , The Wall Street Journal, 11/05/2008
MarketMinder's View: An irrational explanation for what’s currently going on in the markets. Ignore daily market gyrations.
Sensible Stories
By , The Wall Street Journal, 11/05/2008
MarketMinder's View: Temporary fixes today could cause hardships for future borrowers.
Market Misperceptions
By , MarketWatch, 11/04/2008
MarketMinder's View: Suspension of mark-to-market may have helped stem the financial crisis. Reinstating such a rule may hurt, not help.
Market Misperceptions
By , The Wall Street Journal, 11/04/2008
MarketMinder's View: Monthly numbers such as these are historically erratic and not predictive of stock market movements.
Sensible Stories
By , Real Clear Markets, 11/04/2008
MarketMinder's View: Government doesn’t create any real wealth, it just redistributes it—and terribly unsuccessfully.
Sensible Stories
By , Forbes, 11/04/2008
MarketMinder's View: “If the new president wants to quickly send a positive message to the markets, he should announce that the era of short-term management of fiscal policy is over.” Well said.
Market Misperceptions
By , Time, 11/04/2008
MarketMinder's View: The stock market is the ultimate leading economic indicator, not employment numbers or corporate earnings. See today’s cover story, “The Ultimate Leading Economic Indicator,” for more.
Sensible Stories
By , The Wall Street Journal, 11/04/2008
MarketMinder's View: A look at what caused the Great Depression—namely, bad government policies and intervention rather than capitalism.
Market Misperceptions
By , The Independent, 11/04/2008
MarketMinder's View:
All we’ll get from a public inquiry is a list of folks we’re supposed to blame with recommendations for more onerous regulation—can we pass on the inquiry?
Sensible Stories
By , Barron’s, 11/03/2008
MarketMinder's View: We agree the stock market is a discounter of known information and looks to the future.
Sensible Stories
By , The Wall Street Journal, 11/03/2008
MarketMinder's View: As far as we’re concerned, the less interference the better.
Market Misperceptions
By , CNN Money, 11/03/2008
MarketMinder's View: Predicting a recession through 2009 is a bit extreme—there isn’t even certainty about the last months of 2008 just yet.
Market Misperceptions
By , CNNMoney.com, 11/03/2008
MarketMinder's View:
Certainly welcome by some, but these will probably be as unproductive as the previous round of stimulus checks.
Sensible Stories
By , The Wall Street Journal, 11/03/2008
MarketMinder's View: In the past, banks were hesitant to accept government funding for fear of tarnishing their reputations. Today, things are taking a different turn. So far, efforts to recapitalize banks are succeeding.
Market Misperceptions
By , The Chicago Tribune , 11/03/2008
MarketMinder's View: Consumers may be watching their spending, but Big Macs are hardly an economic indicator.
Market Misperceptions
By , Associated Press, 11/03/2008
MarketMinder's View: Monthly manufacturing numbers are highly erratic and often provide “false positives” as a leading indicator.
Market Misperceptions
By , The New York Times, 11/03/2008
MarketMinder's View: Just a few months ago inflation was pegged by many to portend the end of the world. Now deflation is set to do the same? We don’t think so.