Juggling Dynamite

A. Gary Shilling, president of A. Gary Shilling & Co. talks about the global economy, the U.S. housing market and Federal Reserve policy. Here is a direct link.

My dad forwarded this to me this morning and I thought it was a good reminder of all the world there is to celebrate. We must never forget all the beauty and promise before us. Here is a direct link.

Komal Sri-Kumar, chief global strategist at TCW Group Inc., talks about the European sovereign debt crisis, the outlook for Federal Reserve policy and investment strategy. I agree with his general outlook in this clip. An important caveat I would add is that when he mentions that dividend paying stocks can offer some protection in this environment, realize that ‘some protection’ in bear markets typically amounts to dividend paying stocks losing heavily but on average some 10% less than the overall market. Here is a direct link.