Low Rates to Continue

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I managed to catch part of Treasury Secretary Geithner’s testimony yesterday. I actually thought he represented himself pretty well. I can appreciate his stance that AIG really… Read more

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Watch ‘Em Squirm

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I plan to be unavailable for a few hours, starting around 10 a.m. this morning. I want to hear the members of the New York Fed try and defend their actions… Read more

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“Burn the Hands”

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Yesterday, stocks recovered a little from last week’s sharp sell-off. A little time over the weekend to reflect on the true potential of the "Volcker… Read more

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Re-pricing Banks

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It’s clear that investors are re-pricing stocks for the possibility that the proposed restrictions on banks’ trading practices will impact their profits… Read more

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Can’t Ignore This One

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You’ve probably noticed I tend to stay away from political debates. And with good reason. I learned a long time ago that it’s best not to talk politics and… Read more

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Federal Department of Goldman Sachs

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The Federal Department of Goldman Sachs (NYSE: GS) beat earnings expectations with a $4.79 billion profit for the 4th quarter. Goldman has strong gains in its investment banking division, which handles stock… Read more

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Today is the Day

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On the surface, earnings from IBM (NYSE: IBM) appeared excellent. The technology bellweather posted $3.59 a share in 4th Quarter earnings. That beat analysts’ expectations of $3.47 a share…. Read more

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Bearish on Oil? Don’t Be…

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The AP article starts off: Oil prices fell below $78 a barrel Tuesday amid the strengthening dollar and continued doubts about global demand for crude.
If "doubts about global… Read more

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China Must Play Ball

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Yesterday’s Daily Profit about Google’s (Nasdaq:GOOG) experience in China has raised some questions. Ray G. writes:
Anytime a government like the one China has can do whatever it pleases… Read more

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