Insiders are unloading shares at the fastest rate since 2007. "They should know more than outsiders would, so you could take it as a signal that there is something wrong if they’re selling." [View news story]
Anybody buying and holding long term right now, is a sucker. The lows are not yet in the for this bear market. We will eventually drop below 4000 on the DOW. We can't have a successful long term stock market propped up by govt. lies about the true value of all the losses... ALSO: the bank stress tests are a joke. total joke. Of course the govt is going to pass all of the stress tests because that will further the artifical prop up of bank stocks....... Unfortunatly, this will all end very, very badly for wall street. I do however, believe main street will be saved in some form.
Nouriel Roubini laughs off the "V" seekers. "My analysis of the data suggests that the global economic contraction is still in full swing with a very severe, deep and protracted U-shaped recession." [View news story]
Actually, no I believe we will eventually have an "L"shape...I dont see unemployment peaking until end of 2010.
We wont peak in unemployment until atleast the end of this year. That will all depend on the condition of the credit markets. no credit=no businesses=no jobs. its very simple. We will see 10% nationally by end of summer, maybe fall, depending on the condition of the credit markets and the effectivness of the obama stimulus... I just can't see how a trillion dollar stimulus will do much, when your facing 100 trillion dollars of losses...
The problem here is that because of govt intervening into the private sector, all of the private funding that was being made available to performing arts and professional musicions is all disappearing. The govt is destroying this economy every single day, and some of them don't even know it.
its not a community college. Its a private music conservatory in NYC... It doesnt really matter anyway, because as long as contributions stop coming in, the arts are done.
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Latest | Highest ratedJames Saft: There's no good time for a pandemic. [View news story]
Goldman Sachs and Merrill Lynch have evacuated their downtown buildings. [View news story]
Biotech stocks with swine-flu upside: NVAX +123% premarket. BCRX +73%. GSK +3%. AZN +3%. [View news story]
U.S. government declares a public health emergency over the swine flu outbreak. (WSJ) [View news story]
Insiders are unloading shares at the fastest rate since 2007. "They should know more than outsiders would, so you could take it as a signal that there is something wrong if they’re selling." [View news story]
Nouriel Roubini laughs off the "V" seekers. "My analysis of the data suggests that the global economic contraction is still in full swing with a very severe, deep and protracted U-shaped recession." [View news story]
Taking a look at today's jobless claims, James Picerno sees the possibility of a peak - but can't rule out another surge of bad news. [View news story]
The whispers continue: Is Tim Geithner nothing more than Henry Paulson lite? [View news story]
Breaking news on WSJ.com: GM's (GM) CFO says the company won't make its June 1 debt payment of $1 billion. [View news story]
Perhaps unsurprisingly, student loan defaults are skyrocketing as rising tuition costs clash with a weak job market. [View news story]
Perhaps unsurprisingly, student loan defaults are skyrocketing as rising tuition costs clash with a weak job market. [View news story]
Perhaps unsurprisingly, student loan defaults are skyrocketing as rising tuition costs clash with a weak job market. [View news story]
this is just the beginning.
Perhaps unsurprisingly, student loan defaults are skyrocketing as rising tuition costs clash with a weak job market. [View news story]
Perhaps unsurprisingly, student loan defaults are skyrocketing as rising tuition costs clash with a weak job market. [View news story]
Perhaps unsurprisingly, student loan defaults are skyrocketing as rising tuition costs clash with a weak job market. [View news story]