In a true test of David versus Goliath, the mutual fund industry is withering as newer and more nimble ETFs are continuing to gain market share. It is no wonder as the idea of a 4pm trade time in a market that is volatile beyond measure has most investors...
Maria asks: “…Is the worst ahead”
Paulson: ” …I wouldn’t comment whether the worst is ahead”
Clearly the recovery is no where near as Paulson does not state anything at all that provides and indication that he knows. Also, do you notice that Paulson artfully dodges the answers as to “bank lending”...
Citigroup‘s (C) earnings have been downright awful over the past year and today‘s release will be prove to be no exception. Estimates for this quarter are expected to show a -$1.19 per share loss. If the earnings from Marshall & Ilsley‘s (MI) report is any indication of the...
Toward the end of 2008 we heard a great deal of predictions about stocks retesting their November lows. Markets continued to roar higher during December and we were left wondering if we had established a bottom. Perhaps President-Elect Obama’s anticipated recovery plan had created a false euphoria as many investors...
Some of the more interesting and important items for January 15th :
Europeans Take Major Stance in Monetary Policy – Trichet vows to take action on interest rates.
Stockpiling Crude – Crude oil is being stockpiled on tankers and inventories have continued to rise dramatically.
Add Bernie "The Smirk" Madoff to...
