Seeking Alpha by Adding Beta

Next week Supreme Court of America would give ruling on one of the most awaited ruling in over 50 years. Would it strike out health care law in its entirety or would it hold it? Would individual mandate go but everything would remain? One way or other, this ruling would impact each and every American one way or other. Health care law is considered as one of the main policy initiative and could have as big impact as previous two initiatives - Social Security (passed in 1930s) and Medicare (passed in 1960s). So next week would not be only very important for President Obama for his re-election but most importantly for his legacy, it is also important for each and every American. With so much burden and expectations, here is I think Supreme Court ruling would come out: Would upheld most of the provisions in this law. Some of the important ones are like covering kids till age 26 on parents coverage and many others However it would strike down "individual mandate" on basis of

Finally Greece elections are over and pro-bailout parties winning slight majority over leftists should assure markets that Greece would remain in Euro and contagion to other PIIGS countries can be contained - at least for now! These elections could have profound impact on Greece, Europe and world economies and hence world markets. Lehman type moment has been avoided for now. Could this be a repeat of 2008 when Bear Sterns was rescued in March 2008 just to land into Lehman/AIG situation 6 months later in Sept 2008. Only time would tell. Hope European policy makers learn something from US policymakers actions back in 2008/2009 and take decisive actions to get ahead of crisis and provide a bazooka instead of patch-work rescue. ECB and Northern European countries has fire-power. What they need is will to use them. Whether Germans like it or not, they should start thinking of "United States of Europe" and start helping broke southern countries. Merkel may be most powerful person

May deja vu - third time in a row. If you go back in 2010 and 2011, one could have almost predicted what would happen in 2012 and could have saved tons of money by moving to cash at end of Apr. While I almost knew what was coming in May, I did not act on moving my investments to cash (luckily I told few folks who may be smarter in acting on it). Well now that May has again proved true to old saying of "Sell in May and Walk Away" and month is over, what's in store for rest of summer? Given Facebook IPO fiasco (which was supposed to be savior for markets) and continued political and policy mess in Europe, things don't look very promising. Dismal labor market conditions in USA and sudden slowing down of economies in China and India are adding fuel to the fire which Europe's lack of action has created. Here is my prediction on how it would play out: Markets would be very volatile till elections on Greece on Jun 17. Most likely Greece results would be slightly pos