Category Archives: Economics

Greek Taxes

Posted on October 1, 2010 by courtneyds

Two points: 1. The Greek government is giving a tax amnesty for back taxes. The fines are so small that they expect to get about $3 bln which only about 10% of the taxes due. What the government is doing … Continue reading →

Posted in Economics, Investing General | 1 Comment

Another Reason for Weak Economic Growth Ahead

Posted on September 30, 2010 by courtneyds

I have identified many reasons why the economy will be weak in the coming year. Here is just the latest. McDonald’s will be dropping health coverage for a group of its employees due to new health care regulations. They have … Continue reading →

Posted in Business, Economics, Investing General, Politics | 1 Comment

Microsoft Sells Notes with 7/8% Yield!

Posted on September 28, 2010 by courtneyds

Microsoft sold 3 year notes to yield just 7/8% yield! Insane! True, the credit quality is good but that yield is a negative yield after you take into account inflation and taxes. In fact the only way you can ever … Continue reading →

Posted in Economics, Futures | 1 Comment

Courtney Smith On Indonesian TV!

Posted on August 13, 2010 by courtneyds

Courtney discusses investing, the psychology of investing, and risk management on Indonesian TV station the O Channel. // Tweet This!TweetFacebookLinkedInTumblrStumbleDiggDelicious

Posted in Economics, Forex, Futures, Investing General, Stocks | Leave a comment

Commentary on Today’s Stock Market Action

Posted on August 11, 2010 by courtneyds

Click below to view video: Tweet This!TweetFacebookLinkedInTumblrStumbleDiggDelicious

Posted in Economics, Investing General, Stocks | 2 Comments

How the Tea Party Is Changing the Stock Market

Posted on August 3, 2010 by courtneyds

The Tea Party is certainly shaking up the political world. They have taken control of lots of races around the country. But what impact will they have on the economic world? We don’t know how many Tea Partiers will be … Continue reading →

Posted in Business, Economics, Forex, Futures, Investing General, Politics, Stocks | 3 Comments

Historical Analogous Analysis Is Bearish For Stock Market

Posted on July 29, 2010 by courtneyds

The chart to the right is very bearish for the stock market. The light red line shows the stock market after the high in 1937. The dark red line shows recent stock market performance. Clearly, the action this year is … Continue reading →

Posted in Economics, Investing General, Stocks | Leave a comment

This Is One of the Key Reasons for the Rally in the Euro

Posted on July 26, 2010 by courtneyds

There are several reasons for the recent rally in the EURUSD. I think that one reason is that the sigh of relief that the crisis in Greece is fading from the front page of newspapers. The second reason is that … Continue reading →

Posted in Economics, Forex, Futures | Leave a comment

They Hate Greece

Posted on July 25, 2010 by courtneyds

I recently spent several days with some Germans. I asked them what the response of the German people was to the nearly $1 trillion fund created to initially bailout the Greek government. They said that the German people were incensed. … Continue reading →

Posted in Economics, Politics | Leave a comment

Deflation Wins The Day

Posted on July 7, 2010 by courtneyds

Today’s action suggests that the deflation story is the dominant story in the market. We saw bonds rise while commodities and gold declined. Stocks eked out a rise but every other market showed that deflation is the key story. The … Continue reading →

Posted in Economics | Leave a comment