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May 10, 2006
The implications of tiny bubbles, Wed., May 10, 2006, 10:45 AM
Rather than dwell on the ridiculous pre-Fed noise today from Financial Entertainment TV, why not sit back and ponder the big picture, and think what you can do to position your portfolio to take advantages of the bubbles that are now popping in securities and futures markets?
Here is a report on bubbles, including discussion of the housing market. It comes from one of the top-rated financial companies on Wall Street.
Yes, Bear may be primarily sell-side, but when I was in the business, I used to read every piece of research I could get my hands on from them. And so should you. Download Bear Stearns file on Bubbles
GICS 40 Bear Stearns Companies (BSC) (BSC) Financials
Today I have been watching ducks fly by within 100 yards of where I sit -- at least 100,000, and I'm being conservative. Periodically thousands will wheel around and land right in front of me. That happens to be my Big Picture for today. I even took some photos, which I hope to get around to publishing here.
This is really distracting. I can't focus on CNBC/ROBTV/BloombergTV and watch these birds at the same time. :-)
Posted by Posted by Bill Cara on May 10, 2006 10:45:30 AM | Category: Economics , The Big Picture