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World Series trade #2: ResMed (RMD)

New York and Philadelphia have some of the most hardcore fans in Major League Baseball. These fans don't just get excited about a game as big as the World Series, they get stressed out. And stress isn't good for anyone's health, and neither are the ...

From MICHAEL SHULMAN, Blogging Stocks,  31 Oct 2009

Related Topics: ResMed Inc.,  Major League Baseball,  NYSE

Reason #10: Take a good look around

Do you see a rebound? The Mall of America would be a great practice field for the Minnesota Vikings, fall and winter clothes are already 40% off at Macy's, and the Palms in Vegas is mailing me coupons. Recently, I went out to eat with some friends: ...

From MICHAEL SHULMAN, Blogging Stocks,  25 Oct 2009

Related Topics: Minnesota Vikings,  Macy's

Reason #9: The Fed can't do it either

Well, the Fed has already cut interest rates to banks down to essentially zero. The media are screaming about potential inflation due to the trillion dollars the Fed put into the system, but that trillion has simply replaced the trillion written down ...

From MICHAEL SHULMAN, Blogging Stocks,  25 Oct 2009

Reason #8: Uncle Sam can't bail us out

In the past, the government has increased spending and cut taxes to spur spending during times of economic crisis. However, Uncle Sam is now in so much debt that this is no longer a serious option. And it looks like we are going to spend another $900 ...

From MICHAEL SHULMAN, Blogging Stocks,  25 Oct 2009

Reason #7: Businesses aren't spending

Businesses do not see a turnaround in 2010. Even with public figures talking up the economy (and who can blame them, it's practically in their job description) businesses are not listening. If consumers aren't spending, why should businesses? For ...

From MICHAEL SHULMAN, Blogging Stocks,  25 Oct 2009

Related Topics: Intel,  NASDAQ

Reason #6: Excess capacity

Excess capacity is everywhere -- we have more than enough people, factories, stores, and so on to meet current demand. Want to buy an indoor mall? You can get one in North Myrtle Beach for $3.3 million -- less than the previous value of many homes in ...

From MICHAEL SHULMAN, Blogging Stocks,  25 Oct 2009

Related Topics: Nike,  NFL,  National Basketball Association,  Major League Baseball,  Christian Louboutin

Reason #5: The credit crunch will continue

By year-end 2009, we will see a more than $4 trillion pullback in credit lines. And we are a country that runs on credit. In fact, the entire growth in consumer spending from 1997 to 2008 was paid for with home equity lines and credit cards. Credit ...

From MICHAEL SHULMAN, Blogging Stocks,  24 Oct 2009

Reason #4: Changing consumer attitudes

Not only are consumers not spending, their actual attitudes toward spending have changed. This change in spending habits will not be a passing fad. Just ask Grandma or a neighbor who remembers the Great Depression how their parents changed after ...

From MICHAEL SHULMAN, Blogging Stocks,  24 Oct 2009

Reason #3: Consumers are afraid to spend money

A fear of a loss of income will continue to squelch consumer spending. Most people I know are fearful about their futures -- i.e., losing their jobs or seeing a cut in commissions, profits, or wages. This means they will hang on to their pennies in 2010 ...

From MICHAEL SHULMAN, Blogging Stocks,  24 Oct 2009

Reason #2: The jobless recovery

The pundits on CNBC get all giggly when we lose "only" 550,000 jobs -- a true sign of the times. Uber analyst Meredith Whitney, one of the few people on Wall Street who has been worth listening to during the past three years, is forecasting 13% ...

From MICHAEL SHULMAN, Blogging Stocks,  24 Oct 2009

Related Topics: CNBC

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