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  • The big news isn't the €100B, tweets Pawel Morski, it's that the eurozone (Germany) for the first time passed on imposing more austerity as a condition of the bailout.  [View news story]
    Doom and gloom will be gone for now. Bright and Sunny are here. The world moral cannot even be found in the abyss. The world will not end now but maybe in the next decade. The current generation has learn the trick of all trades. Borrow and threaten and don't need to pay back. No need to be responsible and no obligation. Great lesson learn.
    TUNAMAN is absolutely RIGHT. No other countries will ever accept austerity AGAIN from today onwards. You just need to threaten your way out. The can is kicks a few miles down the road Yet again.
    Jun 9, 2012. 11:40 PM | 3 Likes Like |Link to Comment
  • The big news isn't the €100B, tweets Pawel Morski, it's that the eurozone (Germany) for the first time passed on imposing more austerity as a condition of the bailout.  [View news story]
    Fund go to Spanish bank and the bank use it to buy Spain government bond because it is "safer" than loaning to retail. The rat chasing its tail...LoL
    Jun 10, 2012. 12:20 AM | 2 Likes Like |Link to Comment
  • Is Now The Time To Buy ArcelorMittal? [View article]
    Thanks folks for the reply. I am looking at beaten down sector with great potential of revival and steel manufacturing is definitely one of them. I had experience in the beaten down oil refinery sector and the return was handsome...Thanks
    May 27, 2013. 11:03 AM | 1 Like Like |Link to Comment
  • Oil is set to fall by 30% this year, says Levitt Capital's Robert Levitt. The impact of increased shale oil supplies have been drastically underestimated by the markets, Levitt says. This increase, when combined with the resolution of pipeline transportation issues, should ease upward pressure on oil prices. "Once we have all these issues straightened out, the price of oil is going to come down and that will be a great boom for the global economy." [View news story]
    If there is too much supply, wouldn't the oil company cut supply? Supply and more than demand so cut output and cut job.
    Feb 15, 2013. 10:35 PM | 1 Like Like |Link to Comment
  • Snapchat Is Killing Facebook [View article]
    Check out this page at facebook. I am sure this type of marketing is effective.
    Dec 30, 2013. 08:49 AM | Likes Like |Link to Comment
  • Is Now The Time To Buy ArcelorMittal? [View article]
    Anyone think that MT will issue new share?
    May 25, 2013. 11:14 AM | Likes Like |Link to Comment
  • Insider Alert: Are These 5 Stocks Poised To Move Higher? [View article]
    Will MT issue new share?
    May 25, 2013. 06:01 AM | Likes Like |Link to Comment
  • Bernanke Congressional Testimony: Premature tightening risks choking off the economic recovery, says Bernanke in prepared remarks, and the FOMC stands ready to increase or decrease QE as necessary. Watch live here[View news story]
    Why would market goes down? We have the fed to buy up the entire market with just a click of a button...The fed will support the up the bond, buy up the stocks. The fed can buy anything as they have immortal amount of $$$
    May 22, 2013. 10:50 AM | Likes Like |Link to Comment
  • "Those who bet on Greece collapsing and the EU being seriously wounded will lose," says Greek PM Samaras, following a meeting with Angela Merkel (whose visit to Athens unleashed a major protest). The Greek people are bleeding, he says, but determined to stay in the euro. [View news story]
    Merkel is there to advice Greeks to get ready for the rebirth of drachma and how to handle hyperinflation.
    Oct 9, 2012. 09:17 AM | Likes Like |Link to Comment
  • A Spanish rescue program - completion of which would allow the ECB to commence its bond-purchase operation - is under backroom discussion and set to be unveiled next week, according to officials. The plan will be "pre-approved" by Brussels, helping to ease Spanish PM Rajoy's political issue of not wanting to request a bailout for fear of the strings that may be attached. [View news story]
    Reward the devil and punish the angel...immoral has prevail...
    Sep 21, 2012. 09:00 AM | Likes Like |Link to Comment
  • Speaking ahead of talks today with eurozone chief Jean-Claude Juncker, Greek PM Antonio Antonis Samaras tells De Bild that his country needs "air to breathe" to spark the economy back into life. Samaras is looking for an extension to budget cuts, which, the FT reports, will be greater than expected due to falling tax revenues and increased social security contributions.
     [View news story]
    Don't worry. You can trust the "$DRUG" addict when they said they will pay you back.
    Aug 22, 2012. 09:13 AM | Likes Like |Link to Comment
  • Pimco CEO Mohamed El-Erian says the strong jobs report "is not an economic recovery game changer." The picture is still mixed, the economy is healing, but only gradually. Regardless, we won't see much from the Fed either way come September, because it lacks the tools to deal with the underlying problems. (Video)  [View news story]
    Another bank shutter. Oh, no worry, everything is fine, Let's party on...

    "Waukegan Savings Bank of Waukegan, Illinois was closed by regulators on Friday, making it the 40th U.S. bank failure of the year. First Midwest Bank of Itasca, Illinois will assume the $77.5M in deposits, and also purchase its roughly $89M in assets. The cost of the failure to the FDIC: $19.8M."
    Aug 4, 2012. 12:03 AM | Likes Like |Link to Comment
  • Facebook's (FB) member and usage growth is slowing sharply in the U.S., data from comScore shows, although that's partly because it's the most dominant site: Facebook has 71% of Internet users and draws them in for six hours a month. The main areas of expansion are mobile and overseas, although neither has yet proved as lucrative as Facebook's main business.  [View news story]
    Sorry, I don't understand. If you have taken 71% of the market share. How much more growth do you expect? I neither like nor don't like FB as I am not really in the 71% fan...but consider an amateur startup that can capture 71% of the market in such a short time and is growing externally, it is quite impressively to me. I do sometimes get sick and tired when friends around me keep hankering on FB...hey did you check this or that on FB...
    Jun 11, 2012. 09:20 AM | Likes Like |Link to Comment
  • Stocks Going Ex Dividend The Second Week Of May 2012 [View article]
    If you want dividend and DON'T HAVE the stock, Buy 1 day before ex-dividend date.
    If you want dividend and HAVE the stock, Sell on or after ex-dividend date.
    May 5, 2012. 10:03 AM | Likes Like |Link to Comment
  • Worry When The Market Shows No Fear [View article]
    How about ProShares UltraPro Short S&P 500 (SPXU) 3x the inverse as protection and gain...
    Mar 16, 2012. 09:09 PM | Likes Like |Link to Comment