On a twist of my news round up, this week I am doing a blog round up.
The best of the best articles "as I see it" recently posted.
MISH'S Global Economic Trend Analysis
Obama Calls For Sacrifices, Scales Back Campaign Promises, Ups Jobs Program To 4M
Short version: Obama's plan cannot live up to the rhetoric, and further the plan is NOT a solution.
S&P 500 Crash Count - Wave Four Triangle
Short version: The S&P 500 is about to fall, then recover to about this level, then collapse.
Is the stock market Cheap?
Short version: The market is NOT cheap, and has room to fall (surprised?)
The Smart Money Tracker
Gary predicts the Dollar remains strong for the near term, interest rates depress, treasury values rise.
The Market Ticker
Obama's Prescription: FAIL
Karl's rants are entertaining and usually spot on "in the spirit" of reality. Obama's promises can't live up to the reality.
The Price of Capitalism
Karl explains why mathematically market crashes and resets MUST occur in capitalism.
The Slope of Hope
Those who can't trade advise
Tim Knight took the time to report on Barron's Roundtable results for 2008, since Barron's didn't want to go back and review the results, since the "upper crust" of wall street advisers did so badly.
Robert Reich's Blog
Stimulate the Economy by Mending Our Safety Nets
The government should be focusing on spending it's capital on the saftey nets, not the top of the chain.
The Stimulus: How to Create Jobs Without Them All Going to Skilled Professionals and White Male Construction Workers
Nice thought, but won't happen.
And the winner of the week is:
Mish's entry on Larry Flynt Seeks Porn Industry Bailout
I still contend that Bennigans should become a bank and seek a bailout!