Archive for stock market
Google Posts Higher Than Expected 3rd Quarter Numbers – Is The Recession Over
Posted by: | CommentsTo hear many of the newspapers and other media outlets tell it, Google’s blowout third quarter is the official signal that the recession is over and that businesses are spending again, because customers are spending again, and everything is fine again. The logic goes something like this. Google is not only the largest search engine, but it is also the largest provider of Internet advertising,... Read more→
Abby Joseph Cohen at Goldman Sachs Declares Recession Over
Posted by: | CommentsYou’ll forgive me if I don’t give a flying leap about whether or not Abby Joseph Cohen things the recession is over. The Goldman Sachs perma-bull was famous for being “right” about the ever rising stock market of the 1990s. Too bad she has never been right about a single declining stock market. Imagine you had a warning light that would light up red whenever the market was... Read more→
Sell Banks Stocks or Buy Bank Stocks
Posted by: | CommentsOk, here it comes. After the government released the results of its stress tests, banks are scrambling to come up with ways to raise huge amounts. It seems that the government money that was a much vaunted and absolutely necessary lifeline to banks has become tainted now that it comes with, horror of horror, strings on how the money can be spent. As if the banks ever handed out a huge loan... Read more→
Important Week for Stock Market Coming Up
Posted by: | CommentsThis coming week will be an important one for the stock market. With some analysts calling the recent month long up trend a bottom, investors will be closely watching earnings reports from US companies releasing this week. Everyone knows that the Q1 2009 news will be bad and that companies probably continue to lose money even today, but the focus will be on what the companies say about the future.... Read more→
