Monthly Archives: January 2013

The Mourning After— Pondering O’Poverty

Posted on January 29, 2013 by tomdoerflinger

“Despite Mr. Obama’s stated commitment to helping all Americans, the recession and the lingering effects of the way it was handled have made matters much, much worse.  While bailout money poured into the banks in 2009, unemployment soared to 10 … Continue reading →

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The Wisdom of Felix

Posted on January 26, 2013 by tomdoerflinger

The first installment of this year’s Barron’s Roundtable was weirdly muddled, with a lengthy back-and-forth about 2013 S&P 500 EPS that never ever mentioned a specific EPS estimate.  When asked directly, “What is your S&P 500 earnings estimate for 2013?” … Continue reading →

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Valuation Levitation?

Posted on January 18, 2013 by tomdoerflinger

For the past four years I have been asking: “Why do so many investors want to own a bond that pays 2% when they could own a basket of blue-chip stocks with a dividend yield of over 3% AND the … Continue reading →

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The Anti-Poverty Party

Posted on January 10, 2013 by tomdoerflinger

HollandeDazed Last July we wrote a squib titled “Seven New Reasons Not to Create Jobs in France” that ticked off seven tax hikes passed by Socialist Prime Minister Francois Holland and then offered: “Our Prediction: The tax hikes will not … Continue reading →

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The Election Cycle Lives

Posted on January 3, 2013 by tomdoerflinger

Equity investors should remember the strong tendancy for the first two years of a presidential term to be weak, the third year to be very strong, and the final or election year to be fairly strong.  Politicians postpone the “bitter … Continue reading →

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