Wednesday, 6 January 2010
Wall Street's Memo to Meredith Whitney: You're So 2009
Need more evidence the bulls are in command on Wall Street? Look no further than Meredith Whitney. Tuesday, the lionized banking analyst lowered her forecast on Goldman Sachs. Guess what? The stock ended the day higher.
Come On Ben Bernanke, Come Clean!
Say it ain't so Ben. Federal Reserve Chairman Bernanke recently blamed lax regulation for the financial crisis -- not the Fed's easy money policies, which encouraged profligate spending from Wall Street traders to American consumers. ...
Wall Street Wins Again? Democrats Dodd, Dorgan to Retire
The planned retirements of Democratic Senators, Byron Dorgan of North Dakota and Christopher Dodd of Connecticut is a potential blow to President Obama's agenda. ...
"A Huge Move": Gold Could Double in Next 5-10 Years, Miller Tabak's Roth Says
For most of 2009, shorting the dollar and going long gold was a one-way bet to increased wealth. But gold stumbled more than 10% in December as the Dollar Index mounted a rally, leading some to determine a reversal of trend had arrived.But there's been no
Google's Nexus One Is Bold New Face in Super-Smartphones
From All Things Digital, January 5, 2010:Google
this week is taking two dramatic steps to try to catapult devices using
its Android mobile operating system into stronger competition with
Apple's (AAPL) iPhone and Research in Motionls (RIMM)
Expect Interest Rate Hike in June, Economist Chris Rupkey Says
With interest rates at historic lows and the economy recovering, a question is -- when will Ben Bernanke and team finally raise interest rates?"June is the final time" for rock-bottom rates and a likely rate hike, says our guest Chris Rupkey, ch
Trend Still Up But 2010 Is Not Going to Be Great, Philip Roth Says
The stock market's trend is still higher and investors should give the rally the benefit of the doubt but "I don't think 2010 is gonna be a great year," says Philip Roth, Miller Tabak's chief technical market analyst.Roth is far from a megabear,
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