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The Most Important Article You Didn’t Bother Reading Today

  The most important article you didn’t bother
reading today appears in the Wall Street Journal, and it looks like this:

  The reason it is the most important article in
today’s Wall Street Journal is the undeniable fact it reports, which is that
after much hemming and hawing, Spain’s banks are now, finally, blowing out bad
real estate to bottom-feeding hedge funds.
 And so the healing has begun in the Spanish
real estate market, which is to the E.U. as Florida, Phoenix and Southern
California are to the United States.  
 What with the U.K. economy already catching
fire—believe me, it’s on fire: just look at the data—today
’s report makes our previous look at the stodgy crowd-think-gussied-up-as-economic-analysis from the IMF (see “Headlines That Make You Just Want to Run Out And Buy As If Your Life Depended On It”) seem too mild.
 We would, as the saying goes, bet dollars to donuts that the IMF, which only last week provided that gloomy, never-getting-better
prognostication for Spain’s economy, will be proven gloriously wrong.
 Buy Spain, buy it now.
Jeff Matthews
Author “Secrets in Plain Sight: Business and Investing Secrets of Warren
Buffett”
(eBooks on Investing, 2013)    $4.99
Kindle Version at Amazon.com
© 2013
NotMakingThisUp, LLC              
The
content contained in this blog represents only the opinions of Mr.
Matthews.   Mr. Matthews also acts as an
advisor and clients advised by Mr. Matthews may hold either long or short
positions in securities of various companies discussed in the blog based upon
Mr. Matthews’ recommendations.  This
commentary in no way constitutes investment advice, and should never be relied
on in making an investment decision, ever. 
Also, this blog is not a solicitation of business by Mr. Matthews: all
inquiries will be ignored.  And if you
think Mr. Matthews is kidding about that, he is not.  The content herein is intended solely for the
entertainment of the reader, and the author.

One reply on “The Most Important Article You Didn’t Bother Reading Today”

I agree. Do you have any specific stocks in mind? I have very often looked at Europe and you can actually hardly find cheap GOOD stocks…

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