Today morning we got it officially, that the Chinese won’t finance the US mess forever …
China’s national pension fund said Wednesday it plans to adjust its investment portfolio this year by lowering its investment in bonds and increasing its direct equity investments as part of efforts to cope with the global and domestic economic downturns.
The […]

As nobody so far was able to explain the Bond-Miracle to me … I just ask you
First the facts …
- we will have all-time-record-supply of BONDS coming as all these daily help programs some day need to be refinanced.
- printing money is inflationary … at least I heard this.
- FED sees only […]

WASHINGTON (MarketWatch) — The U.S. government is expected to borrow $493 billion in the current quarter, the Treasury Department said Monday. The borrowing estimate is $125 billion more than estimated three months ago. The increase is due to lower revenue, more spending, and a program designed to strengthen the Federal Reserve’s balance sheet, the agency […]

UK Telegraph has a interesting bit about emerging market bonds … one could even say about all bonds
Read below … AUTSCH!!!

Copyright by UK Telegraph
Another problem … caused by the same machanisms … GREED, STUPIDITY, DENIAL …

Fortune Magazine’s Titel Story …
About the hottest Investor of our time … Ken Heebner …
24% annual return over the last decade … means 20% OUTPERFORMANCE
Her some of his wisdoms … INTERESTING
- He is a CONTRARIAN … feeling best, when everybody thinks, he’s nuts
- Jumps on trends as early as possible and with size.
- Jumps off […]

Here the 2008 main investment themes as I see them … as expected … EIGHT of them
1. Housing Sector
The housing sector keeps plummeting and no relief yet to be expected. November figures showed that the seasonally adjusted annual rate of 647.000 new home sales (the number is expected to be revised even […]

Situation:
U.S. Markets: Markets sold off again after the huge gap, caused by the moves on liquidity by the centralbanks. We traded down to new lows before recovering 20 S&P points into the close on rollover … NEW FRONTMONTH on the US equities from TODAY on … MARCH 2008 … so S&P is 10 points “higher”, […]