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AndrewBaker » Comments » AMD

  • Wall Street Breakfast: Must-Know News [View article]
    Yep, it's pretty certain that a double dip is on the way as BO is already starting to prepare his pitch to refute it has anything to do with him or his cronies.

    Best sell up all stocks and buy gold if ya don't wanna go broke.
    Nov 19 08:56 am |Rating: +9 -4 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    TARP will be a loss to taxpayers! Surely not! How could this be when we've had so many public spirited bank bosses and politicians working around the clock trying their very best to put money into the pockets of the poor overburdened taxpayer by rescuing the banks and financial companies using their own money (well, the governments really, but they think its their own) and without taking anything for themselves nor wanting any accolades for so doing!

    We should all be chastened by their actions and so grateful for all that they have done for us. And let's not be churlish by thinking that they may have some thoughts in the back of their minds that they could get something out of it for themselves. Shame on you!
    Nov 13 08:45 am |Rating: +10 -3 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Now nearly all the reports are pessimistic, and the only thing that surprises me is that it took so long. There can't be too much hot air left to blow this market back up, though no doubt there will be an attempt, and more people by the day are realizing that there is a big gap between Main Street man and boss man: boss man has looked out for himself whilst hiding the truth from everyone else, but he can't pontificate effectively any more because so many of us now know about his tricks.

    It'll still cost us all a lot before we truly recover, but maybe going forward with more clarity will help us. We must not continue to be run/governed by the rich and powerful elite that runs so much of the world yet does so little for it in return for all they take out for themselves.
    Oct 28 11:19 am |Rating: +5 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Strong big tech companies with lots of overseas earnings such as Google will do well in the future, and even better when the economy genuinely improves, but this market is taking everything up, and it's not justified on trading and fundamentals.

    I know the top is near, because a bear like me is starting to think do I get back in now before I miss the boat? Commentators are saying there is another 10% to 15% left to go on the way up: maybe there is, but I don't want to be the one up there holding when the fall-back comes.

    So I'll stay with gold, maybe some gold miners (taking profits asap), and selected commodities where real demand is there and shortages possibly too.
    Oct 16 08:47 am |Rating: +4 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The spin machine spins on: employment, housing et all still getting worse, but all's right with the rescue plan, bail-out and other plans to make things better. Forget the real situation, just listen to us.

    Funny how China doesn't hear much: as doubleguns above said, they are spending their dollars whilst they still have any value. Lesson for us there, maybe?
    Jul 22 11:28 am |Rating: +4 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Truth is, no-one knows how we're doing. The IMF is predicting big losses ahead and the need for nationalization of banks and financials in certain situations, yet Geithner says the banks have enough money. Mortgage loans are supposedly on the up, but more people are losing their homes. Will we have a viable auto industry going forward? People are not spending so much, showing they feel poorer and everyone agrees jobs are being lost; so where are these green shoots we keep hearing about from various commentators? Until we get some real meaningful financial numbers, the yo-yo of the markets caused by not being able to make up their minds whether to go down or up, will continue.
    Apr 22 14:57 pm |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Thain going is hopefully part of a trend to remove people from the banks and financials who appear to have more concern for their own interests than that of their customers. The less than able and the solely self-interested must all be removed as quickly as possible. It's going to be a long hard road back to financial strength for all of us, individuals and corporates, and we need people at the top who have both ability and the right motivation to get things back where they should be.
    Jan 23 08:16 am |Rating: +9 0 |Link to Comment
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