Ten Things Making Me Nervous

If you look back at my 3rd Quarter Preview (here) I mentioned I forecast the 3rd quarter would be up. That’s proving to be a great move (if I do say so myself).

But what makes me nervous?

This article sums up a lot of my feelings.

Does that mean I’m bearish for the 4th Quarter?

I guess you’ll have to wait until my 4th Quarter preview in a couple of weeks to find out.

Click on this link for FULL  ARTICLE

 

Deleverage? No, Default!

Many articles have been written in the past year about the decline in U.S. Household Debt.

This is something to celebrate, right? People are paying off their debt, right?

Wrong. It is almost scary how closely the decline in US Household debt correlates with the charge-offs of mortgage and consumer loans.

People are defaulting, not paying them off.

Click for FULL ARTICLE HERE