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  • Writer's pictureJeff Matthews

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

© 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.

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