Our friends over at TrimTabs got it right as they had been predicting a severe slowdown in December. On the other hand, the BLS, hiding behind their ability to revise previous reports, once again showed that we need to look beyond the headline to figure out the real story.
All I...
In a recent internal memo, General Motors’ (GM) management has begun the grim task of preparing employees for the inevitable: Job cuts… MASSIVE job cuts.
In order to remain complaint with the provisions of the $4 billion of “loans” from the TARP, GM is looking for ways to survive and restructure...
2009 is here! Now what?
Though volatility has dropped from the peak in November, the daily ups and downs have still often been much bigger than normal. Assuming that there ever was actually a “normal.”
And the final hour of many trading days have shown remarkable swings that have been responsible for...
Stiglitz says he is more pessimistic? WOW..
Is any of this a surprise? The velocity of the job losses and the obliteration of wealth due to a massive credit implosion will continue to push earnings down and keep a quick recovery from occurring.
NOTE: This is not a pleasant discussion. Keep away...
January 7th episode of The Real Story:
Intel Warning, ADP Jobs Data Drub Stocks
Frank Curzio’s guests include Andrew Horowitz on markets and the economy, Stephanie Link on the Obama stimulus plan, and Kristin Bentz on retail sales. Listen
Definitely check out Frank Curzio’s Newsletter: Stocks Under $10
Click below to play...
