Bernanke press conference: Should projections hold, Bernanke sees QE ending "around mid-year" 2014 and the unemployment rate being about 7% at that time. Responding to a question, he says the FOMC stands ready to quickly adjust - i.e. fire purchases back up - should it prove to have made a mistaken forecast. Stocks (SPY -0.5%) and Treasurys (TLT -1.2%) are at session lows. [View news story]
Do you think an asset collapse is a good idea for the real economy at a time like this?
Sears Holdings' Valuation: Between Berkshire Hathaway And Bankruptcy [View article]
"I actually wrote another 2,500 words or so about Eddie Lampert and his financial acumen that I decided to edit out of this report because it was already very lengthy."
Bishop, I would actually really love to see this. Will you publish it soon?
The sale of AutoNation (AN +1.8%) shares by Eddie Lampert's ESL Partners appears to be tied to client redemptions, according to a Bloomberg report. Turmoil at Sears Holdings (SHLD -0.7%) could be part of the anxiety. (video) [View news story]
The sale of AutoNation (AN +1.8%) shares by Eddie Lampert's ESL Partners appears to be tied to client redemptions, according to a Bloomberg report. Turmoil at Sears Holdings (SHLD -0.7%) could be part of the anxiety. (video) [View news story]
Are Japanese Businesses Worth More Dead Than Alive? [View article]
Has any index in history been flat for over 15+ years? That's what Japan's did after their crash in the late 80's....so a 4x return in that time frame doesn't seem that crazy haha
Those now kicking it in their new beachside homes courtesy of buying into Altisource Asset Management (AAMC.OB) when it was spun off from ASPS late last year (it's up 20-fold since), might be interested in the potential spinoff of Solutionstar from Nationstar Mortgage (NSM). Management won't confirm it because they can't, says FBR's Paul Miller, but he has no doubt they're actively discussing it. ASPS is itself a spinoff - from Ocwen (OCN) in 2009, and up 500% since. [View news story]
At the open: Dow +0.78% to 14714. S&P +0.76% to 1564. Nasdaq +0.76% to 3241. Treasurys: 30-year -0.47%. 10-yr -0.23%. 5-yr -0.08%. Commodities: Crude -0.39% to $88.68. Gold +2.29% to $1392.25. Currencies: Euro +0.69% vs. dollar. Yen +1.43%. Pound -0.15%. [View news story]
Bernanke press conference: Should projections hold, Bernanke sees QE ending "around mid-year" 2014 and the unemployment rate being about 7% at that time. Responding to a question, he says the FOMC stands ready to quickly adjust - i.e. fire purchases back up - should it prove to have made a mistaken forecast. Stocks (SPY -0.5%) and Treasurys (TLT -1.2%) are at session lows. [View news story]
Sears Holdings' Valuation: Between Berkshire Hathaway And Bankruptcy [View article]
Bishop, I would actually really love to see this. Will you publish it soon?
Sears Holdings' Valuation: Between Berkshire Hathaway And Bankruptcy [View article]
Sears Holdings' Valuation: Between Berkshire Hathaway And Bankruptcy [View article]
Sears Holdings' Valuation: Between Berkshire Hathaway And Bankruptcy [View article]
Danger Zone 4/23/2013: Sears Holdings [View article]
We can quote you on that on December 31st, 2013, correct?
Danger Zone 4/23/2013: Sears Holdings [View article]
The sale of AutoNation (AN +1.8%) shares by Eddie Lampert's ESL Partners appears to be tied to client redemptions, according to a Bloomberg report. Turmoil at Sears Holdings (SHLD -0.7%) could be part of the anxiety. (video) [View news story]
The sale of AutoNation (AN +1.8%) shares by Eddie Lampert's ESL Partners appears to be tied to client redemptions, according to a Bloomberg report. Turmoil at Sears Holdings (SHLD -0.7%) could be part of the anxiety. (video) [View news story]
Own These World's Leading Brands And Never Fear A Recession Again [View article]
Are Japanese Businesses Worth More Dead Than Alive? [View article]
Those now kicking it in their new beachside homes courtesy of buying into Altisource Asset Management (AAMC.OB) when it was spun off from ASPS late last year (it's up 20-fold since), might be interested in the potential spinoff of Solutionstar from Nationstar Mortgage (NSM). Management won't confirm it because they can't, says FBR's Paul Miller, but he has no doubt they're actively discussing it. ASPS is itself a spinoff - from Ocwen (OCN) in 2009, and up 500% since. [View news story]
Will Freeport-McMoRan Be The Next Commodity Stock To Roll Over? [View article]
5 Reasons Why I Am Shorting The Market [View article]
Not bad....
At the open: Dow +0.78% to 14714. S&P +0.76% to 1564. Nasdaq +0.76% to 3241.
Treasurys: 30-year -0.47%. 10-yr -0.23%. 5-yr -0.08%.
Commodities: Crude -0.39% to $88.68. Gold +2.29% to $1392.25.
Currencies: Euro +0.69% vs. dollar. Yen +1.43%. Pound -0.15%. [View news story]