Fed Economists – “We see a 15 year Bear Market for Stocks”

My Take on Financial Events ^ | 08/23/2011 | Bruce Krasting

[Huck]

I don’t know. I was looking into transports after you mentioned it, thinking they should be down in this economy. Good contrarian longer term play. I was checking out TAL. They do container shipping.

http://finance.yahoo.com/q?s=tal&ql=1

Good dividend. Healthy P/E.

Don’t know anything about rails. I like FedEx as a company. I respect Fred Smith a lot. P/E is a little high, and the dividend sucks.

[Huck]

No tobacco companies. Too risky, and probably a shrinking market.

[petercooper]

Shrinking market here yes, not worldwide.