Those Damn Tax Cuts . . .
May 17, 2006 11:57am by Barry Ritholtz
This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/
What's been said:
Discussions found on the web:Posted Under
Previous Post
Inflation? What Inflation?Next Post
They Do Ring a Bell
Yes, of course, that’s tongue in cheek sarcasm
Say Barry, you’re a good guy and all, and I like the sarcasm, but what you do with your tongue is your business.
Unless of course the NSA decides to the contrary…
turns out that hiroshima call a few weeks ago was spot on. i didn’t think the past hiroshima calls looked to far off the mark. you guys in the city better keep your heads towards the rooftops. wouldn’t want to get squashed by a jumper.
glad to see you finally got through to cody. wouldn’t it be nice if he gave you some credit where credits due? everyone on the Street site keeps pating him on the back for his amazing timing. give me a break! i swear it’s like high school over there.
Another thing; to those talking about ‘new highs’ in the indices: shouldn’t we be using real dollars rather than inflated dollars when making those claims?
The goal of being bearish on the market (although you claim no tag) is to have a conviction that eliminates all the short-term noise. A cautious market preference requires committment to the cause and not trading the noise. Your recent long position (even if already stopped out) has been a feable attempt to capture noise, not looking at the big picture. You have to patient and play the dominant trend, which is now in your favor. Give up the micro games and stay true to your conviction. if not, your performance will be lackluster.
Barry:
One of the things that seems amiss in the market is that small caps should be underperforming here, not overperforming. The dilemma for the small companies is that interest rates and inflation hurt them more than big caps, yet they seem to keep trying to rally.
What do you think is going on with this?
what a perfect week to launch the research site. you are the the polar opposite to cramer, except you both had excellent timing, albiet he launched mad money going into the blow-off equity top and you are launching going into the bear market downturn. couldn’t ask for better timing. kudos.
Got fear?
Should be live today or tomororow
Ritholtz.com/site
CrispE – sometimes when it hits the fan you sell what you can to raise cash. small caps are highly illiquid and pms won’t screw around trying to work a sell order in a stock that trades 500k shares a day… they sell the liquid stocks which could be why the Dow is worst performer. that’s the theory anyway.
“. . . are crashing the market!”
The supply siders’ response just came in: “Just think about how much worse it would have been without those cuts!”