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Bill S. Friend

Bill S. Friend
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  • Initial Jobless Claims: 383K vs. 370K consensus (prior week revised to 373K from 370K). Continuing claims -36K to 3.24M.  [View news story]
    I don't think there has been enough positive employment numbers to consider it a trend!
    May 31 09:59 PM | Likes Like |Link to Comment
  • An End To QE? Probably Not [View article]
    The rally into the beginning of the year was based on hopes for some type of monetary tinkering by the central banks. I think the window for success has passed at this juncture. The November presidential elections here in the states should provide some helicopter type stimulus to ensure a robust economy, or at least stock market. I have been saying since this began that the Fed would eventually backstop the EU in some fashion.
    May 31 08:48 PM | 1 Like Like |Link to Comment
  • Market recap: Stocks clawed back from early losses but still finished lower, as all three major averages closed their worst month in two years. Stocks, weighed by a raft of weak U.S. economic data (I, II, III) that sent Treasury yields to new record lows, bounced after a story (later clarified) suggesting the IMF is working on a “rescue loan” for Spain. NYSE decliners led gainers seven to six.  [View news story]
    Yeah go ahead and buy!
    May 31 08:14 PM | Likes Like |Link to Comment
  • The London Whale was hooked by a NYC "monster." The tale of how Boaz Weinstein and other hedge fund managers took JPMorgan for billions. Now running his own money, Weinstein was once a whale himself on the wrong side of a trade, he and his team at Deutsche Bank losing $1.8B in 2008.  [View news story]
    This is just like the attempt to smash JPMs silver shorts.
    May 28 10:38 PM | Likes Like |Link to Comment
  • GDP Per Barrel Of Oil Consumed: Which Countries Are Executing Efficiently? [View article]
    The first chart illustrates our vulnerability to oil price fluctuations.
    May 28 08:39 PM | Likes Like |Link to Comment
  • Whipsaw Wednesday: You're Lucky They Don't Charge You To Take Your Money [View article]
    What kind of history do the markets have in a typical election year? I would say any excuse for a government intervention would suffice even if the crisis had to be manufactured.
    May 26 10:08 PM | 1 Like Like |Link to Comment
  • Today In Commodities: A Tiresome Trend For Crude [View article]
    The Dollar is going lower due to inflationary pressures. Commodities will enjoy this environment. Increased demand from a recovery will raise energy costs, squelching growth, get used to the range bound scenario. Of course the government could manipulate things further which could cause further consternation of investors wondering which direction the next breakout will be, or Europe, or a flash crash...
    Apr 20 10:40 PM | 1 Like Like |Link to Comment
  • “The financial crisis is over,” quips Rosecliff Capital’s Michael Murphy in response to Meridith Whitney's upgrade of Citigroup to hold late Monday. Whitney has had a Sell or Underperform rating on the stock since starting coverage at her new firm in April 2009, and the call sets a milestone of sorts for the credit crisis, given that Whitney was one its most outspoken prognosticators.  [View news story]
    The sense of entitlement due to some superior genetics, IQ, or Ivy league diploma is nauseating. Wall Street insiders are cashing checks the average American wouldn't make in a lifetime, due to the worlds economy being brought to the brink by their greed and malfeasance, all the while maintaining they deserve it like the impetuous spoiled brats their parents raised them be. Branded as perma-bears, Patriots hold out hope of failure of this system so that men of courage, integrity, and vision can once again restore the "Shining city on the Hill" Reagan spoke of to it's former glory! "In God We Trust" has been replaced with "Increased Return to the Shareholder"
    Apr 20 10:24 PM | 1 Like Like |Link to Comment
  • The SEC will reportedly charge ratings agency Egan-Jones with misstatements on its regulatory application. The news follows a story from earlier this week that the SEC had concerns over the firm's internal procedures and staffing levels before it ever gave it approval to rate bonds. [View news story]
    What a travesty of justice. Where are the charges for S&P, Reuters, and Moody's?
    Apr 20 08:36 AM | 1 Like Like |Link to Comment
  • Q2 Markets: Don't Expect Smooth Sailing [View article]
    Stocks are up 100 percent since March 09, and flat to slightly down over the last five years. Buoyed by seven trillion dollars conjured out of thin air in the largest economic experiment in history. Entitlement spending is accelerating as burnout is achieved.
    Apr 19 10:26 PM | 1 Like Like |Link to Comment
  • Q2 Markets: Don't Expect Smooth Sailing [View article]
    Fixed interest has been the safe play since it became apparent the Euro is in trouble. Many investors were convinced Greece would be bailed out, and a default seemed impossible. The default of a larger European economy could be disasterous for equities.
    Apr 18 10:35 PM | 1 Like Like |Link to Comment
  • “The financial crisis is over,” quips Rosecliff Capital’s Michael Murphy in response to Meridith Whitney's upgrade of Citigroup to hold late Monday. Whitney has had a Sell or Underperform rating on the stock since starting coverage at her new firm in April 2009, and the call sets a milestone of sorts for the credit crisis, given that Whitney was one its most outspoken prognosticators.  [View news story]
    Amen to that! Hank Paulson deserves recognition for his role defrauding the American people in the biggest scam in history! It's hard to believe that such a bumbling fool could have perpetrated such a massive heist, handed the money off to his Wall Street compatriots, all with an immunity clause!
    Apr 17 09:10 PM | 3 Likes Like |Link to Comment
  • Stocks To Continue Sell-Off Next Week [View article]
    Its an election year.
    Apr 16 10:43 AM | Likes Like |Link to Comment
  • Stocks To Continue Sell-Off Next Week [View article]
    I thought they would step in to avoid the Greek tragedy, and Spain is 5 times more? Portugal, Italy, and Ireland waiting in the wings?
    Apr 15 10:36 PM | Likes Like |Link to Comment
  • Stocks To Continue Sell-Off Next Week [View article]
    Our creditors (2/3 of the world) are conspiring to relieve the US Dollar of its reserve status. Our achiles heel is energy, especially oil. Everything has a beginning and an ending.
    Apr 15 10:33 PM | Likes Like |Link to Comment
COMMENTS STATS
711 Comments
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