Bear Mountain Capital Inc.

Bernanke vs. Taylor

| January 6, 2010

This article makes a great point in Bernanke’s support of low interest rates, while Greenspan was Fed Chair.  It also highlights how two highly respected financial minds can differ in their views on what were the real causes behind the last bubble: (Click here to read Bloomberg.com article)

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Dubai Tower

| January 5, 2010

What I like about this chart, is that it shows the National GDP of the country the year that construction was completed, and the previous 5 years before the project was completed.  It shows how usually “unthinkable” development projects are made during periods of economic expansion and how these accomplishments often peak at the same time as the relative economy peaks.  Many conclusions can be drawn about the perils of…

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Buffett

| January 4, 2010

Warren Buffett is one of the most highly regarded investors… he’s consistent, he’s focused on fundamentals, and he’s focused on long-term returns.  However, even Buffett’s investments are subject to significant decline, especially in the short-term.  Some people will argue Berkshire has grown too big, or that Buffett is getting to an age where he cannot expect to perform at his previous levels.  Although he has suffered setback this decade, he…

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Regulatory Reform

| December 18, 2009

I received the following Member e-mail from the CFA Institute.  It discusses the state of the current financial reform regulations being pushed through Congress and stresses the areas that need further attention.  I think it does a good job of highlighting the real risks that are still prevalent in the industry, even if this recent round of reforms become law.  Read below: “Dear Member: After significant debate, the House of…

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The Great Stabilisation

| December 18, 2009

This is a great article from the Economist.  It really highlights why the recent recovery is facing significant dangers ahead.  The shift from government funded recovery to privately managed recovery is a process that will be extremely difficult to manage. (Click here to read Economist.com article)

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Gold Can’t Beat Checking Accounts 30 Years After Peak

| December 7, 2009

I think this is a very timely article regarding gold prices and investment returns over the last several decades: (Click here to read Bloomberg.com article)

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BofA Repaying TARP Funds

| December 4, 2009

It will be interesting to see if other banks follow suit.   The pay czar’s restrictions on compensation, seems to be the biggest motivator for BofA to find ways to exit its TARP obligations, seeing as it has been unsuccessful at find a new CEO to lead the bank, under the current restrictions. (Click to read Economist.com article)

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Social Networking Put to the Test by DARPA

| December 4, 2009

Not a financial story, but a fascinating one: (Click here to read article)

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Dubai’s Debt Crisis

| November 30, 2009

The current Dubai crisis regarding Dubai World’s inability to pay its debt obligation in a timely manner: (Click here to read article)

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Mortgage Rates Drop

| November 25, 2009

Fixed 30-year mortgage rates dropped to an average of 4.78% this week. 15-year mortgage rates averaged 4.29%. If you have the equity in your house and can refinance, the window of opportunity is still open. (Click to read article)

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