Are Credit Markets Back to Normal?
Credit markets may not be completely healed, but they are in much better shape than they were three months ago.
Credit markets may not be completely healed, but they are in much better shape than they were three months ago.
Alan Schram | Posted 03.25.2009 | Business
Housing prices have to fall because they have been inflated for years, but they will ultimately reach an economic equilibrium. When that is accomplished, the financial system will recover.
Alan Schram | Posted 02.19.2009 | Business
Spending is the problem that caused this crisis in the first place. We cannot fix the problem using more of its root cause.
Alan Schram | Posted 02.11.2009 | Business
Bear markets are difficult experiences, but they provide unique prospects. I believe we will look at the present U.S. stock market valuations as perhaps the best investment opportunity of a generation.
Alan Schram | Posted 02.06.2009 | Business
What should be intuitively clear is that spending is no way to repair our woes. Indeed, spending irresponsibly is exactly what got us in the current lugubrious position.
Alan Schram | Posted 01.21.2009 | Business
The mere existence of the SEC gives investors false confidence, lulling them into reduced vigilance and making them think they are protected when they are not.
Alan Schram | Posted 01.16.2009 | Business
By the time a recession ends, the market has already rebounded to much higher levels off the bottom. The most pessimistic periods economically has been the best time to buy stocks.
Alan Schram | Posted 01.10.2009 | Business
According to data by Davis Advisors Funds examining the S&P 500 returns in the 15 years span between 1993 and 2007, the patient investor who remained ...
Alan Schram | Posted 03.25.2009 | Business
It's not the government's job to make stocks go up. It's their job to ensure stability and confidence to counter the fear and panic now so prevalent all over the world. Markets will find their own equilibrium when that happens.
Alan Schram | Posted 12.27.2008 | Business
Seeing the news headlines, clearly people are frightened.The issue we are faced with today is shortage of confidence, not shortage of capital.
Alan Schram | Posted 03.26.2009 | Business
The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.
Alan Schram | Posted 12.21.2008 | Business
Paulson is now on his third plan for how to spend the cash Congress gave him. Nobody knows what he will do next.
Alan Schram | Posted 12.19.2008 | Business
Throwing taxpayers' good money into that sink hole called the US auto industry will be tantamount to a transfer of wealth from tax payers to GM employees.
Alan Schram | Posted 12.15.2008 | Business
In the last few months, we have seen the prices of commodities dropping precipitously. Oil dropped from $150 to $60, Gold dropped from $1,000 an ounc...
Alan Schram | Posted 12.12.2008 | Business
Barack Obama is faced with very high expectations. There is only a small likelihood that any human being could actually deliver a performance commensurate with those expectations.
Alan Schram | Posted 12.10.2008 | Business
Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.
Alan Schram | Posted 12.04.2008 | Business
We are seeing some of the best stock valuations in the last century. Once fear of illiquidity dissipates, the stock market will get back to normal levels.
Alan Schram | Posted 11.27.2008 | Home
If you do not find stock prices cheap now, with the market pulverized 45% in the last year, then you probably should never own stocks.
Alan Schram | Posted 11.23.2008 | Business
Imagine a world in which Uncle Sam is the monopoly supplier of bananas, in the same way that he is now the monopoly supplier of money; eventually people will become anxious about future decisions of the banana board.
Alan Schram | Posted 11.20.2008 | Business
We lured the Chinese, Japanese, Europeans and Arabs to take our currency and our financial instruments, money market funds, SIV's, CDS's and mortgage paper galore.
Alan Schram | Posted 06.22.2009 | Business