Discover Financial: A Creditable Investment - Barron's [View article]
my only concern in your article was your comment that consumer spending might be recovering - if it is, it seems to be more of a debt add on right now than the processing of daily expenses via the convenience of cc use, and then paid off each month
i'm not sure adding to permanent growing debt will eventually help discover or the consumer, at least in a declining economy
we've used discover for both cc use, cd's, and money markets for many years, so this is not meant as a dig to them; strictly a comment re debt use at this time
Dilution, Infusion and Collusion: Push Stocks Higher! [View article]
you can add student loans to that now too (as per mish on his site)
fine w/me 'long as the fed'll take my old car and books (i don't want) and coins (that have "irrationally dropped in value") for their peak values (to return when the markets normalize) in exchange for treasuries
Why is the Market Ignoring American Express's Bad Report? [View article]
sentiment...
legitimate, enhanced, manipulated, or otherwise -
hey, i'm with you, annoyed ;-)
S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
or, rather than "recovery," maybe an equal energy "bounce"
just trying to be aware of both sides of the trade (to paraphrase the folks at minyanville)
Discover Financial: A Creditable Investment - Barron's [View article]
i'm not sure adding to permanent growing debt will eventually help discover or the consumer, at least in a declining economy
we've used discover for both cc use, cd's, and money markets for many years, so this is not meant as a dig to them; strictly a comment re debt use at this time
thanks though, interesting article
Dilution, Infusion and Collusion: Push Stocks Higher! [View article]
fine w/me 'long as the fed'll take my old car and books (i don't want) and coins (that have "irrationally dropped in value") for their peak values (to return when the markets normalize) in exchange for treasuries