Heyer Capital, LLC

investment management and timely advice from a local CPA (Fox Valley, Wisc.)

my crystal ball

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Since the most common question I get is, “What will happen?,” I’ll dust off my crystal ball and offer prognostications. 

1) The greatest armed robbery in the history of the world will pass the House today.

2) There will be a coordinated effort to pour kerosene on the market to ‘prove‘ governments’ effectiveness of The Deal, especially with an election around the corner. 

3) Bear markets see tremendous, wicked rallies, which of course, lead to another call of “the bottom is in” from the grinning idiots on the financial TV. 

4) Such rallies should be fed, i.e. sold into. 

5) Since the Billionaire Bailout solves nothing by not addressing the root cause of the problem (absurd asset prices vs credit deflation), yet exacerbates the problems by removing wealth from the real economy and further distorts the capital markets, the credit markets will remain dysfunctional. 

6) A retest of the 2002-2003 lows is not outside the realm of possibilities, given the greater number of zeros underlying this mess they’ve made.  That equates to an extraordinary amount of pain for America.

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Written by heyercapital

October 3, 2008 at 10:25 am

Posted in Austrian Econ

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