"The Financial Instability Hypothesis suggests that over periods of prolonged prosperity, capitalist economies tend to move from a financial structure dominated by hedge finance (stable) to a structure that increasingly emphasizes speculative and Ponzi finance (unstable)."
-- Hyman Minsky

Chartz And Table Zup @ www.joefacer.com

Smokin', Kick Ass, And Just Plain Silly....

http://www.youtube.com/watch?v=wtIJ017J ... re=related
http://link.brightcove.com/services/pla ... 1337502001
http://www.ritholtz.com/blog/2009/10/st ... ty-python/

http://robertreich.blogspot.com/2009/10 ... ember.html
http://www.ritholtz.com/blog/2009/10/th ... -they-get/
http://www.ritholtz.com/blog/2009/10/an ... more-40077
http://www.ritholtz.com/blog/2009/10/th ... ecoveries/
http://www.bloomberg.com/apps/news?pid= ... oQJ14iSlWg
http://www.msnbc.msn.com/id/33135910/ns ... d_economy/
http://www.ritholtz.com/blog/2009/10/we ... ember-200/
http://www.bloomberg.com/apps/news?pid= ... ZinRhF5tlA
http://www.msnbc.msn.com/id/33122449/ns/business-autos/
http://www.msnbc.msn.com/id/33150671/ns ... ork_times/
http://www.msnbc.msn.com/id/33122485/ns ... e_economy/
http://www.ritholtz.com/blog/2009/10/ki ... rns-south/
http://www.bloomberg.com/apps/news?pid= ... owSDAJbML4
http://www.msnbc.msn.com/id/33093637/ns ... d_economy/
http://www.msnbc.msn.com/id/33138126/ns ... d_economy/
http://www.msnbc.msn.com/id/33088930/ns ... al_estate/

I've gone to bonds and cash with a little tag end in the small cap 'cuz I forget to move it and a small chunk in the Euro Pacific option as a weak dollar play. See www.joefacer.com.

The cash is quickly deployable for a yearend run if it comes to that. The bonds is a fear thing. And if you know me, you know I ain't a very fearful kinda guy. But if you read what I do, you understand that I respect the possibilities.

"I can dodge folly without backing into fear."
Nero Wolfe

Stay Tooned.