Tuesday Morning Update

Coming Soon:

Politics: Fire Dennis Moore Straw Poll Winner David Lindstrom be the man to finally unseat Dennis Moore.

Investing: A value stock, from Jim Cramer, really?

Today's Highlights:

John Mauldin's Outside the Box:

"Influenced by natural disasters, all interest rates moved higher in the third quarter. This late summer/early fall backup in long term rates should be viewed as a transitory upshift in inflationary expectations that will be quickly reversed in the ensuing quarters. Although energy prices have entered uncharted waters, Fed authorities have left no doubt that the price increases will not translate into a generalized inflationary environment.

Accordingly, additional Fed funds rate hikes should boost short term interest rates even as bond yields fall. Such a policy mix will expose the highly leveraged U.S. consumer to a tightening vice of lower discretionary income, higher interest payments, and reduced money and credit availability. Such basic considerations, of far broader significance than catastrophic weather events, ensure that the present slowdown in economic activity will persist and undoubtedly worsen in the quarters ahead."

Earnings Call Season:

In full swing over the next couple of weeks, so many calls, schedule here.

Timothy Burger
timothyb(at)timothyburger.com