bruin532

Financials and Retail: Not as Dire as They Seem

Hedge truth WFC is not listed in the group and no way Wachovia is going broke. Read Bill Gross at Pimco and the need for fed action

Financials and Retail: Not as Dire as They Seem

Three groups eventually and always end up with power/wealth through llow cost consolidation. Energy-defense-banks. The fed always takes care of there own. Hedge funds like Blackstone are already buying and divying up the spoils (see what they report this monday that will be an indicator of the financials. Banks will merge and the cycle will be repeated. Financils will recover and lead the market in the second half of the year.

Financials and Retail: Not as Dire as They Seem

As it becomes evident that comodities and inflation are spiraling higher and the stock market is spiraling lower the Administaion will step in with a bailout inititive plan. It will take months to develope and it will eventually be short of the mark but it will get Bush close to the door. Financials will again be in play the market wil find equilibrium and panic will subside. What date do you pick I take 4/1/2008. This is no county for old maids