Paulo

Bank Bailouts and Trust Preferreds: Still Too Much Risk Here

Difficult to make sense out of all of this.
Let me take a risk and add to the confusion -- the traditional preferreds might turn out to be canaries in the coal mines in terms of an eventual rebound.
They might go up quickly and before common equity when (or should I say if) light appears at the end of the tunnel.

Bank Bailouts and Trust Preferreds: Still Too Much Risk Here

So where is the storm in Canada over preferred shares in general or even specifically? Or are you just anticipating a reaction to one or two posts?

Four Questions About How We Got Here

Wow! Did that market ever take a big dive after that uptick!

Four Questions About How We Got Here

User 262591 -- S&P 500 after hitting 1200.74 is now in the inevitable uptick in the last part of trading which will result in optimistic news reports this evening.

Four Questions About How We Got Here

User 262591 -- about resistance levels -- do not panic. The S&P 500 is, as I write, at 1205.47.
The 52 week low is precisely 1200.44.
In all probability it will be reported this evening that the S&P decline encountered "resistance" at the 1200 level.
Less than an hour to go, let's see.