The Bowyer Briefing

So that explains the December rally this year. People are rushing to purchase stocks before the end of the year so as to get in under the deadline for a lower cap gains rate. This also means that stock purchases are much less attractive starting on Friday. I was a calf this year (that is a small bull), now I’m a cub.

That’s when the tax hikes start. A lot of commentators have been pointing to the fact that capital gains tax rates are scheduled to rise on January 1st, 2011. What they fail to see is that the rate that’s going up is the rate for long-term capital gains (for assets held for one year or more) so any investment purchased after Thursday, will be subject to the higher rate.

Here’s my debate with atheist and Ayn Rand acolyte, Don Luskin. View and evaluate and draw your own conclusions.

http://www.cnbc.com/id/15840232?video=1367652591&play=1

Here’s an example from the web site of my friend Gary Demar. Gary’s a great guy and has loads of great material for sale and for free at his American Vision web site. But the following piece promulgates the Christmas Pagan Prequel Myth.

http://www.americanvision.org/article/the-pagan-roots-of-christmas/

Around this time of year, you can always find the ‘expert’ who will knowingly let you in on the great secret, that Christmas was adapted from a pagan holiday. It’s a great story, and like many great stories, it is false.

http://touchstonemag.com/archives/article.php?id=16-10-012-v

But the fact that it came from the mouth of a teenaged Gallilean peasant girl, is overwhelming. Only Bach could have put the right music to it, and 1,600 years later, he did.

Today’s text was Mary’s song of triumph from Luke’s Gospel. Often called The Magnificat, it would an astonishingly beautiful and insightful piece of literature coming from anyone, Homer, Virgin, Dante, etc.

Thompson Ayodele a Nigerian think tank executive shines the light of day on some of the Copenhagen con. Big Oil (meaning vegetable oil) worked with greenies to get multinationals to stop buying palm oil from Africa. Big (vegetable) Oil gets excessive profits. Greenies get to bask in smugness and Africans get to starve.

http://www.businessday.co.za/articles/Content.aspx?id=89781

This week we found that the Consumer Price Index increased .4% in a single month. Annualize that (i.e. multiply by 12) and you get a rate of 4.8%. Over the past three months, that rate is 3.6%. What happened to all of the establishment voices which said that DEFLATION is the great danger? Have they learned anything?

http://www.economy.com/dismal/pro/release.asp?r=usa_cpi&src=dd_immediate

Buried in the depths of balance of payments report. Private remittances are down. Moody’s Economy.com will explain all…