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Sunday, November 15 2009 | 10:02 EDT |

DJIA (DIA) S&P 500 (SPY)

Market Currents

Wednesday, August 20, 2008

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Not to be left out, Bernstein's Brad Hintz lowers EPS estimates for Goldman (GS -1.05%), Morgan Stanley (MS -3.5%) and Lehman (LEH +2.2%). He agrees with Goldman's Tanona that MS is the best of the bunch.

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David White: Japanese GDP came in at 1.2% for the quarter. That's 4.8% on an annual basis. However, guidance was bad:+.3% Oct-Dec, and +.1% Jan-Mar.

10 minutes ago
David White: Some think USD carry trade is inflating stocks and asset values in China -- creating a bubble. It may pop when the carry trade ends.

about 1 hour ago
David White: After Japanese GDP data the Yen was down against the Euro and steady against the USD. Looks like overall bad news for the Yen.

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David White: Japanese GDP was better than expected, but they expect a slow down in 1H 2010 as stimulus monies end and salaries shrink.

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