Tips Should Not Be Included
We`ve Reached A Tipping Point
Quote by: Clare Hart (Vice President and Portfolio Manager of JP Morgan`s US Equity Income fund)
Quote made on: 31/03/2012
Quote Submitted by: Michael Rogers
Source: "The Daily Telegraph"

Editor's Notes
Recently, when the Dow Jones stood at 13,212.04, the “Daily Telegraph” was maintaining that America had hit “a sweet spot” and Clare Hart was explaining why “Uncle Sam has a lot more to offer British investors”. Ms Hart felt that the investment environment was, “..a lot less hostile and some of the big weight (had) been lifted off the market – and investors` minds”, going on to say that, “At a certain point, people begin to feel better about things”.
Well, hold that feeling because, just over seven weeks on, the Dow has lost 6.37% of its value and that sweet spot has turned a bit sour. We know it should be a marathon not a sprint but, in either race, it helps to set off in the right direction.
Published on: May 21, 2012
Laffer Minute
The U.S. economy has never been in better shape. Monetary policy is spectacular; we have freer trade than ever before.
Quote by: Arthur Laffer (of Laffer Investments, and former Economic Adviser to President Reagan)
Quote made on: 2007
Quote Submitted by: Carl McColgan
Source: CNN Live

Editor's Notes
Yet another tirade against the worryingly accurate predictions of Peter Schiff back in 2007, this time seen on CNN.
It would be interesting to see how Arthur`s portfolio shaped up over the ensuing couple of years.
Published on: May 17, 2012
Sub-Prime Is A Tiny, Tiny Blip
The Credit Crunch is way overblown. Financials are being given away; They`re so unbelievably cheap. It`s a buying opportunity, especially for the Financials – maybe that I haven`t seen before in my whole life. Sub-Prime is a tiny, tiny blip.
Quote by: Ben Stein
Quote made on: 18/08/2007
Quote Submitted by: Carl McColgan
Source: Fox News

Editor's Notes
During a tirade against Peter Schiff on Fox News, Ben Stein also opined that, “I think stocks will be a heck of a lot higher a year from now. The financials are super bargains” – before going on to recommend Merrill Lynch as “an astonishingly well-run company” (subsequently rescued by Bank of America).
Hey, stop equivocating and tell us what you really think, Ben.
Published on: May 9, 2012