Things To Consider.
Things I've seen or recently been told that are worth pondering.
1. Every $10 drop in oil saves the economy roughly 175 billion. Oil has dropped about $10 alone in December. Source: Real Money {Subscription required}
2. Total Industry car sales in America this year are expected to be 10.5 million units down from 17 million in 2005. This on a per capita basis is the lowest since World War II. Source: Washington Post.
3. Over the past three months consumer prices (largely I'm guessing from the rapid decline in gasoline) fell at their fastest rate since the Depression. Source NY Times.
4. Yale University's endowment loses more than 25% in 2008 (don't know if this is a year to date number or a beginning of fiscal year number). Source: Yale Daily News.
5. Grumpy says stocks are bottoming and the economy will bottom this summer. Grumpy is usually off by 6 months. ;{
6. Gracie has a client who lost 2 million with Madoff. She thinks the client may become suicidal over this type of financial loss(more on this at a later date).
7. Several of the Boston Boys have lost their jobs in corporate restructuring.
8. If S&P* does rebound and gets towards an $80 earnings run rate in the 2nd half of the year then is S&P 1100 possible by year end 2009? That's over a 20% increase from now if it happens.
1. Every $10 drop in oil saves the economy roughly 175 billion. Oil has dropped about $10 alone in December. Source: Real Money {Subscription required}
2. Total Industry car sales in America this year are expected to be 10.5 million units down from 17 million in 2005. This on a per capita basis is the lowest since World War II. Source: Washington Post.
3. Over the past three months consumer prices (largely I'm guessing from the rapid decline in gasoline) fell at their fastest rate since the Depression. Source NY Times.
4. Yale University's endowment loses more than 25% in 2008 (don't know if this is a year to date number or a beginning of fiscal year number). Source: Yale Daily News.
5. Grumpy says stocks are bottoming and the economy will bottom this summer. Grumpy is usually off by 6 months. ;{
6. Gracie has a client who lost 2 million with Madoff. She thinks the client may become suicidal over this type of financial loss(more on this at a later date).
7. Several of the Boston Boys have lost their jobs in corporate restructuring.
8. If S&P* does rebound and gets towards an $80 earnings run rate in the 2nd half of the year then is S&P 1100 possible by year end 2009? That's over a 20% increase from now if it happens.
*Long various ETFs related to the S&P 500 for clients and personal accounts.
posted by CR English at 9:36 AM
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