An excerpt from my weekly AOL Money/Finance column:
The week in preview: Optimism reigns, but will earnings news prolong the fiesta?
May 5th – 9th 2008 – We are investing in optimistic times. News — good or bad — seems to magically morph into an opportunity to move markets higher....
Guest: Felix Salmon, Condè Nast Portfolio.com. Microsoft and Yahoo!, airlines and media stocks and a dose of the world economy. Felix brings a fresh perspective on the markets and world economy. Andrew asks
Felix if bloggers are here to stay or simply ...
Is it over? Maybe not….Maybe this is part of a bigger plan…
Microsoft may be actually pulling the plug on the Yahoo! deal as a form of intimidation. It is a risky play, but perhaps it is a strategy that is sort of a “See what happens to your shares...
I agree. I have been too bearish into the recent rally. I have been concerned about the trivial write-offs and more concerned about the side deals that are designed to ensure companies live on, even though they may continue to bleed hemorrhage.
So what if Bank of America (BAC) is re-evaluating...
