Search Bob Brinker Fan Club Blogs

Wednesday, December 01, 2010

Key Reading For December

December Reading:
Bob Brinker's Moneytalk Show Summaries for
  • November 14, 2010 Show Summary, Excerpts and Commentary
    • Honeybee: Brinker is bullish on the stock market and has remained fully invested since March 2003. For new stock market money he recommends dollar-cost-averaging at the present time. His current S&P target range is 1300 - 1350.
  • November 7, 2010 Show Summary, Excerpts and Commentary
    • Now of course the way to take advantage of a market like this is to be fully invested. That is the posture we have taken.

1 comment:

  1. Mounting State Debts Stoke Fears of a Looming Crisis

    Some of the same people who warned of the looming subprime crisis two years ago are ringing alarm bells again. Their message: Not just small towns or dying Rust Belt cities, but also large states like Illinois and California are increasingly at risk...


    Analysts fear that at some point — no one knows when — investors could balk at lending to the weakest states, setting off a crisis that could spread to the stronger ones, much as the turmoil in Europe has spread from country to country.


    But the finances of some state and local governments are so distressed that some analysts say they are reminded of the run-up to the subprime mortgage meltdown or of the debt crisis hitting nations in Europe.


    It is these growing hidden debts that make many analysts nervous. States and municipalities currently have around $2.8 trillion worth of outstanding bonds, but that number is dwarfed by the debts that many are carrying off their books.

    State and local pensions — another form of promised debt, guaranteed in some states by their constitutions — face hidden shortfalls of as much as $3.5 trillion by some calculations. And the health benefits that state and large local governments have promised their retirees going forward could cost more than $530 billion, according to the Government Accountability Office.


FREE Updates Mailing List

We email regular "FREE Bob Brinker Fan Club Updates" to everyone on our "Bob Brinker Fan Club" distribution list. If you would like to get on this list, then click this link.

Top Rated Newsletter

Timer Digest Features
Kirk Lindstrom's Investment Letter
on its Cover

Cick to read the full page article!

US Treasury Rates at a Glance - iBond Rates - LIBOR Rates

Must Read:
Beware of Annuities - Payday Loans Warning