Comments on: Best. Bond Addendum. Ever. http://www.ritholtz.com/blog/2008/12/best-bond-addendum-ever/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 22:39:14 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: KJ Foehr http://www.ritholtz.com/blog/2008/12/best-bond-addendum-ever/comment-page-1/#comment-132195 KJ Foehr Wed, 10 Dec 2008 18:50:13 +0000 http://www.ritholtz.com/blog/?p=12502#comment-132195 I'd love to hear what Barry thinks about Napier's Q ratio prediction of a two year rally followed by a fall to 400 by 2014. Can such long-term forecasts have any credibility? I would tend to think that if we can get over the current hump sufficently to cause a 2 year rally, that it would be impossible to see accurately what would happen after that. I’d love to hear what Barry thinks about Napier’s Q ratio prediction of a two year rally followed by a fall to 400 by 2014.

Can such long-term forecasts have any credibility?

I would tend to think that if we can get over the current hump sufficently to cause a 2 year rally, that it would be impossible to see accurately what would happen after that.

]]> By: DL http://www.ritholtz.com/blog/2008/12/best-bond-addendum-ever/comment-page-1/#comment-132167 DL Wed, 10 Dec 2008 17:15:27 +0000 http://www.ritholtz.com/blog/?p=12502#comment-132167 For those interested in “Tobin’s Q ratio”, there’s an article on the subject and what it means for the stock market. Based on this ratio, Russell Napier says that the SPX could go to the 400 level within the next five years. http://www.bloomberg.com/apps/news?pid=20601213&sid=aKlTQb6af0jc&refer=home# For those interested in “Tobin’s Q ratio”, there’s an article on the subject and what it means for the stock market.

Based on this ratio, Russell Napier says that the SPX could go to the 400 level within the next five years.

http://www.bloomberg.com/apps/news?pid=20601213&sid=aKlTQb6af0jc&refer=home#

]]> By: joro http://www.ritholtz.com/blog/2008/12/best-bond-addendum-ever/comment-page-1/#comment-132164 joro Wed, 10 Dec 2008 17:03:20 +0000 http://www.ritholtz.com/blog/?p=12502#comment-132164 Some of our friends made a top ten list this year for "The Ten Worst Predictions of 2008": http://www.foreignpolicy.com/story/cms.php?story_id=4569&print=1 Coming in at #2, Jim Cramer with his "Bear Stearns is fine" rant and then loses 90% of it's value over the next week and shortly dismantled after that. Don Luskin at #4, "“[A]nyone who says we’re in a recession, or heading into one—especially the worst one since the Great Depression—is making up his own private definition of ‘recession.’” —Donald Luskin, The Washington Post, Sept. 14, 2008 #8 is from Goldman Sachs with oil: “The possibility of $150-$200 per barrel seems increasingly likely over the next six-24 months.” —Arjun Murti, Goldman Sachs oil analyst, in a May 5, 2008, report #10 is Hank Paulson (very underrated IMO) just last month "“I believe the banking system has been stabilized." Some of our friends made a top ten list this year for “The Ten Worst Predictions of 2008″:

http://www.foreignpolicy.com/story/cms.php?story_id=4569&print=1

Coming in at #2, Jim Cramer with his “Bear Stearns is fine” rant and then loses 90% of it’s value over the next week and shortly dismantled after that.

Don Luskin at #4, ““[A]nyone who says we’re in a recession, or heading into one—especially the worst one since the Great Depression—is making up his own private definition of ‘recession.’” —Donald Luskin, The Washington Post, Sept. 14, 2008

#8 is from Goldman Sachs with oil: “The possibility of $150-$200 per barrel seems increasingly likely over the next six-24 months.” —Arjun Murti, Goldman Sachs oil analyst, in a May 5, 2008, report

#10 is Hank Paulson (very underrated IMO) just last month ““I believe the banking system has been stabilized.”

]]> By: jterlau http://www.ritholtz.com/blog/2008/12/best-bond-addendum-ever/comment-page-1/#comment-132159 jterlau Wed, 10 Dec 2008 16:54:19 +0000 http://www.ritholtz.com/blog/?p=12502#comment-132159 BR - Primarily involved in fixed income but read your blog religiously to monitor equity side of things. Have inquired via email with no response, and via phone (number not working) about getting more info before subscribing to Fusion IQ for a screening process for handful of equity accounts. In regards to bond addendum - hillarious - curious though if this entire fiasco in any way tarnishes Obama's rep among market participants. BR – Primarily involved in fixed income but read your blog religiously to monitor equity side of things. Have inquired via email with no response, and via phone (number not working) about getting more info before subscribing to Fusion IQ for a screening process for handful of equity accounts.

In regards to bond addendum – hillarious – curious though if this entire fiasco in any way tarnishes Obama’s rep among market participants.

]]> By: Greg0658 http://www.ritholtz.com/blog/2008/12/best-bond-addendum-ever/comment-page-1/#comment-132150 Greg0658 Wed, 10 Dec 2008 16:41:29 +0000 http://www.ritholtz.com/blog/?p=12502#comment-132150 watched that episode yesterday a> the pressures of balancing the unbalancable is getting to him b> figured it was time to shakeout the wire and room taps c> make a name for himself the Jessie James way I'm going for b and all this talk of free market capitalism and the bailouts - same ultimatum for government I say - except give ya more time than Mar31st - PAYGO and balance in all levels of government in one 4 year term of Change Yes We Can - so government fix it or retire like the rest of us - No Pension and Health Care For You watched that episode yesterday

a> the pressures of balancing the unbalancable is getting to him
b> figured it was time to shakeout the wire and room taps
c> make a name for himself the Jessie James way

I’m going for b

and all this talk of free market capitalism and the bailouts – same ultimatum for government I say – except give ya more time than Mar31st – PAYGO and balance in all levels of government in one 4 year term of Change Yes We Can – so government fix it or retire like the rest of us – No Pension and Health Care For You

]]> By: AndrewShaw http://www.ritholtz.com/blog/2008/12/best-bond-addendum-ever/comment-page-1/#comment-132145 AndrewShaw Wed, 10 Dec 2008 16:31:16 +0000 http://www.ritholtz.com/blog/?p=12502#comment-132145 There will be a massive shortage of astericks on the news presses, thankfully we have the internet these days. Search the f-word for the best parts of the PDF indictment. Jon Stewart had a great segment last night, "Rod Blagojevich is a jagoff" Jon: "Holy F-en Bleep" http://www.thedailyshow.com/video/index.jhtml?videoId=213346&title=rod-blagojevich-is-a-jagoff My wife and I have our picture with Blago, that'll get put on the mantle for the Christmas party, great conversation starter. There will be a massive shortage of astericks on the news presses, thankfully we have the internet these days. Search the f-word for the best parts of the PDF indictment.

Jon Stewart had a great segment last night, “Rod Blagojevich is a jagoff” Jon: “Holy F-en Bleep”

http://www.thedailyshow.com/video/index.jhtml?videoId=213346&title=rod-blagojevich-is-a-jagoff

My wife and I have our picture with Blago, that’ll get put on the mantle for the Christmas party, great conversation starter.

]]> By: Winston Munn http://www.ritholtz.com/blog/2008/12/best-bond-addendum-ever/comment-page-1/#comment-132142 Winston Munn Wed, 10 Dec 2008 16:27:37 +0000 http://www.ritholtz.com/blog/?p=12502#comment-132142 Must be about time for the Presidential Pardon list - or as it's better known, the Make This Go Away and You'll Get Your Lousy Library list. Must be about time for the Presidential Pardon list – or as it’s better known, the Make This Go Away and You’ll Get Your Lousy Library list.

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