STAR FADING

I cannot help but feel this Star is about to start fading. He has become way to much a part of the popular press and is enjoying his current oracle status.

I think he is Long and Wrong.

 

Paulson Has Never Been More Long   posted by holdenr on Wednesday 9 Dec 2009 08:45 GMT
From Post Chronicle - see full story

From The Post Chronicle: Billionaire hedge fund manager John Paulson said on Tuesday he still sees compelling long-term returns in equities even after their sharp run-up this year, while holding no short positions in the credit markets.

"Today our net long exposure is perhaps the highest it has ever been in our portfolio," Paulson said during a luncheon presentation at the Japan Society.

 

BAD DEBT

quote from Carmen Reinhart, “In America, the Fed has injected a lot of money into the economy as a response to the crisis. Right now the Fed has about a trillion dollars of Fannie and Freddie on their balance sheet, and that's not going to turn out very well, and it hasn't been recognized.”

A COUPLE OF REIT CHARTS