Monday, March 15, 2010
1. Local governments in massive gun revolt against Washington
 
2. This powerful indicator is forecasting another leg down
 
3. New "super indicator" is predicting another big downturn
 
1. New "super indicator" is predicting another big downturn
 
2. This could be the next country to fall apart
 
3. "Atlas Shrugged" taxes blow up in Maryland’s face
 
4. Possibly the greatest mining boom of the 21st century
 
5. Top money manager rips CNBC and Jim Cramer
 
Home Depot and GE insider: The worst is ahead of us
Advertisement
Monday, October 05, 2009
Text Size: increase text size decrease text size

From The Pragmatic Capitalist:

As the market soars higher, insider selling has been confounding to say the least, but the recent comments from Ken Langone and the Business Roundtable Survey essentially confirm what we have long thought: the rally is built on quicksand...

If you missed the recent interview with Ken Langone I highly recommend you take a few minutes and watch it in its entirety. Langone is an insider amongst insiders. Not only is he one of the co-founders of Home Depot (one of the companies at the heart of this economic downturn), but he is a board member at Yum! Brands, ChoicePoint, and former board member of the NYSE & GE.

In the interview Langone was brutally honest about the state of the recovery. Not only does he believe that the government is lying about the recovery, but he says the economy is actually getting worse:

Read full article...

More Cruxallaneous:

The next automaker to fail

PIMCO's Bill Gross no longer worried about inflation

Buying this hated asset could be the best trade in the market today

Topics: Recession | Economy | Cruxallaneous
RSS Feed

 
©2010 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.
Home | About Us | Archive | Partner | RSS