Stocks to Watch as Market Leadership Changes Hands [View article]
How will AMZN and NFLX keep their growth up if consumer spending stays weak? Style investing has its drawbacks, among them a disregard for fundamentals that affect all styles and asset classes.
Wall Street Breakfast: Must-Know News [View article]
Berkshire and Leucadia are cherry-picking good assets out of a bankruptcy. Smart move.
SEC's problems will continue as long as their employees pine for jobs on Wall Street. Solution: Bar them from employment in SEC-regulated firms in the event they leave the SEC, at least for a cooling off period (three years minimum).
Who will be forced out at Cerberus? Maybe they could start with Dan Quayle and John Snow.
Wall Street Breakfast: Must-Know News [View article]
Expecting the SEC to show common sense in the BAC settlement is a bridge too far. Common sense isn't allowed when regulatory capture takes place.
Those deficit projections are going to be worse than either the White House or OMB can imagine once the FDIC has to go to the well to refill its insurance fund.
Consumer confidence jumped once delinquent homeowners stopped paying their mortgages. Why throw money down a hole when you can buy a plasma screen TV and enjoy your last few months of pre-foreclosure freeloading? It's the new American Way.
Dow Target 6,617, October 25, 2009: Here Is Why [View article]
Be careful with precise forecasts, as they don't leave much wiggle room. Your general thesis is correct. Market averages are headed lower as the "greater fools" who've rushed back in now will have no one to sell to in the fall.
The only notable news today was Kuwait's scuttling of its joint venture with Dow Chemical. This severely jeopardizes Dow's acquisition of Rohm & Haas. Merger arbitrageurs, beware.
Stocks to Watch as Market Leadership Changes Hands [View article]
Wall Street Breakfast: Must-Know News [View article]
SEC's problems will continue as long as their employees pine for jobs on Wall Street. Solution: Bar them from employment in SEC-regulated firms in the event they leave the SEC, at least for a cooling off period (three years minimum).
Who will be forced out at Cerberus? Maybe they could start with Dan Quayle and John Snow.
Wall Street Breakfast: Must-Know News [View article]
Those deficit projections are going to be worse than either the White House or OMB can imagine once the FDIC has to go to the well to refill its insurance fund.
Consumer confidence jumped once delinquent homeowners stopped paying their mortgages. Why throw money down a hole when you can buy a plasma screen TV and enjoy your last few months of pre-foreclosure freeloading? It's the new American Way.
Dow Target 6,617, October 25, 2009: Here Is Why [View article]
Wall Street Breakfast: Must-Know News [View article]
Low Volume on Little News [View article]
Black Friday vs. Cyber Monday: Gen X and Y vs. the Baby Boomers [View article]