Archive
Dec 30, 2008
You Should Be Getting Excited About 2009
By Andrew Mickey, Q1 Publishing
Sometimes it seems there’s just no light at the end of the tunnel. Even those of us who try to look at the bright side of things are getting worn down a bit. On the surface, it seems like there is nothing good coming around the corner.
Housing prices continue to drop. Commercial real estate prices are catching up fast. State budgets are facing deep deficits and a couple of them (Michigan for sure) are headed for bankruptcy. Retailers are cannibalizing each other by slashing prices just to get any sales at all (ain’t capitalism grand – if you’re prepared?).
To top it all off, the next round of unemployment data...
Sometimes it seems there’s just no light at the end of the tunnel. Even those of us who try to look at the bright side of things are getting worn down a bit. On the surface, it seems like there is nothing good coming around the corner.
Housing prices continue to drop. Commercial real estate prices are catching up fast. State budgets are facing deep deficits and a couple of them (Michigan for sure) are headed for bankruptcy. Retailers are cannibalizing each other by slashing prices just to get any sales at all (ain’t capitalism grand – if you’re prepared?).
To top it all off, the next round of unemployment data...
Dec 25, 2008
A Holiday Message
By Andrew Mickey, Q1 Publishing
It’s that time of year when families gather and everyone gets a chance to catch up on the past year.
Looking back, the past year has been a lot of things…painful, stressful, and, if nothing else, interesting. And that’s just the financial markets.
So, I’d like to pass on a quick thank you...
It’s that time of year when families gather and everyone gets a chance to catch up on the past year.
Looking back, the past year has been a lot of things…painful, stressful, and, if nothing else, interesting. And that’s just the financial markets.
So, I’d like to pass on a quick thank you...
Dec 23, 2008
The Best 3 Ways to Give the Gift of Prosperity
By Andrew Mickey, Q1 Publishing
They’re the worst possible gift you can give a grandchild, niece, nephew, or any other young person in your life despite they’re ongoing popularity. You’d never know how bad they are from the high praise they receive.
Kiplinger’s calls them the gift you buy for a newborn niece or nephew.
Bankrate.com says they’re the gift that keeps on giving.
The U.S. Treasury calls them a gift for any occasion.
I guess that’s a big part of why 55 million Americans now own them. That’s more than one in six Americans.
I’m talking about...
They’re the worst possible gift you can give a grandchild, niece, nephew, or any other young person in your life despite they’re ongoing popularity. You’d never know how bad they are from the high praise they receive.
Kiplinger’s calls them the gift you buy for a newborn niece or nephew.
Bankrate.com says they’re the gift that keeps on giving.
The U.S. Treasury calls them a gift for any occasion.
I guess that’s a big part of why 55 million Americans now own them. That’s more than one in six Americans.
I’m talking about...
Dec 20, 2008
Cashing in on Desperation
By Andrew Mickey, Q1 Publishing
This level of undervaluation represents what we believe is a very rare opportunity—one we have never witnessed in more than 30 years of managing convertible portfolios.
That’s what Nick Calamos recently said about convertible bonds.
And who better to know we’re looking at a very rare opportunity in convertible bonds?
Calamos is Co Chief Investment Officer of Calamos Investments which manages about $23.8 billion in assets with a big chunk of them in convertible bonds. The New York Times calls Calamos...
This level of undervaluation represents what we believe is a very rare opportunity—one we have never witnessed in more than 30 years of managing convertible portfolios.
That’s what Nick Calamos recently said about convertible bonds.
And who better to know we’re looking at a very rare opportunity in convertible bonds?
Calamos is Co Chief Investment Officer of Calamos Investments which manages about $23.8 billion in assets with a big chunk of them in convertible bonds. The New York Times calls Calamos...
Dec 18, 2008
OPEC: Too Little, Too Late
By Andrew Mickey, Q1 Publishing
In March of 1974, in the midst of the oil-dependent world’s first oil shock, economist and Nobel Laureate Milton Friedman noted:
Higher [oil] prices induced consumers to economize and other producers to step up output…In order to keep prices up, the Arabs would have to curtail their output to zero…Well before that point the cartel would collapse.
Jump ahead 24 years and we’re going through it all over again.
A few days ago OPEC’s president warned...
In March of 1974, in the midst of the oil-dependent world’s first oil shock, economist and Nobel Laureate Milton Friedman noted:
Higher [oil] prices induced consumers to economize and other producers to step up output…In order to keep prices up, the Arabs would have to curtail their output to zero…Well before that point the cartel would collapse.
Jump ahead 24 years and we’re going through it all over again.
A few days ago OPEC’s president warned...
