A New York Times article today rehashes the conventional myths about deficit spending : that it is inflationary and dangerous, and that its use in extremis today must be carefully reversed in the future, lest it lead to foreign countries dumping US Treasuries and causing a cataclysmic increase in the US interest rate. The author [...]
Entries from December 2008
Will deficit spending lead inevitably to inflation?
December 27th, 2008 · 1 Comment
Tags: Market news
GEOY : Living off the government
December 20th, 2008 · 1 Comment
I first became interested in GeoEye (GEOY) after reading a blog entry over at Old School Value, and was especially attracted by the fact that GeoEye’s major customer is the federal government, which makes its earnings especially resistant to the current economic downturn. However, at that time, the stock price of GEOY has soared after [...]
Tags: Stock reports
MOS : A defensive stock
December 10th, 2008 · 1 Comment
The Mosaic Company (MOS) is the largest producer of phosphate fertilizer in the world, accounting for 15% of global supply, and 59% of the US production of phosphate fertilizer. It is also the third largest potash producer in the world, accounting for about 14% of world supply and 38% of the US market. Mosaic is [...]
Tags: Stock reports

