nitroae23

Subprime Write-Downs More Than 50% Done? Write-Ups Coming Next?

Interest rates coming down?Did I read that right,no saaah!Thev've been on the rise for weeks,and,as defaults pick up will go higher.Gonna complicate things significantly.The market can't sustain Fed cure du jour much longer,they have to shut the hey up and let markets repair themselves.

Financials and Retail: Not as Dire as They Seem

Retail also had the advantage of an extra day in Feb and an early easter.Pickles,my lovely wife,is my retail barometer,people are buying,then returning ALOT of things,rose colored glasses may not be the fashion this spring!

Financials and Retail: Not as Dire as They Seem

What he doesn't get is earnings projections are from the goldilocks days,M&A,gone,cred... card earnings,after defaults,much lower,only thing keeping market above water is godforsaken belief that earnings are turning around Q3 or Q4,that light at the end of the tunnel? It's a freakin bus!