Author Archives: Steve Kamman

Publishing this against a deadline so apologies for any typos.  I’ve been doing some thinking around how to think about current market valuations and the outlook.  I’m still doing some work on the widely cited PE/10 valuation argument (spoiler, PE/10 … Continue reading →

OK, so I’ve got fantasies.  I’m not hurting anyone and it’s a free country ain’t it?  (grin).  First a note of resigned reality.  The House Republicans are (of course) acting like lunatics.  What is depressing is that the Senate and … Continue reading →

Back in Berkeley in front of a large monitor and a real keyboard.  Hurrah!  I am still hoping against hope that we aren’t just facing 3 years of lame duck flailing about, but one of the most reliable indicators of … Continue reading →

Mulling over the next month for stocks in general, the TMT world specifically, and my comm equipment holdings in particular.  I expect things to be choppy to nasty through mid-October.  Then we probably head upwards as 3q earnings bring decent … Continue reading →

So I’ve been up in Vermont dealing with a (major but not dire) in law’s health crisis.  This has taken me to the local hospital on a few occasions. When you pull up, there are a series of spaces marked … Continue reading →

I’m in Vermont and dealing with some health problems with the in-laws, so been a bit tough to fit posts in.  I’ve got a backlog of more in-depth analysis (tech and macro) teed up in my mind, but need to … Continue reading →

I figure the whole world will write about the Fed today, so thought I’d highlight the other important development. The House Republicans look dead set on de-funding Obamacare as part of the continuing resolution that keeps the government going until … Continue reading →

So I’m left wondering if it was pantomime or for real? I am encouraged that someone out there had the sense to call the whole thing off. And hoping that Obama was canny enough to play this game to the … Continue reading →

The most charitable interpretation of the ongoing Fed Chair appointment debacle is that Obama is doing it for show.  The more likely interpretation is that this is going to end up another shambolic fail.  Pretty depressing regardless. Charitable: Obama feels … Continue reading →