Citigroup Beats, But is it Good?

We knew bank earnings wouldn’t be good. Analysts have cut their estimates for Citigroup (NYSE:C) several times over the last month, by an… Read more

S&P, You’ve Got To Be Kidding

Oh Standard & Poor’s, you’ve got to be kidding. Apparently the ratings agency is still giving Triple-A ratings to securities backed by subprime … Read more

Tech Stock Earnings Indicate Stable Consumer Spending

For the first time in over two weeks, the U.S. economy is back in focus. First we got 2Q earnings reports from … Read more

Mixed Economic Data

The stock market recovered from Wednesday’s sharp drop. The major indices traded higher for most of the day, before a late sell-off… Read more

Why Bonds are Rallying

Another day, and still no agreement on a 2011 budget in Congress. Surprisingly though, the stock market is not really being affected… Read more

Tech Market Heats Up: What

Congress and the Obama administration are at it again. Talks broke down over the weekend, which is a familiar development. The impasse… Read more

Did China Sell All Its Treasuries? (bac)

There was a great headline making the rounds over the weekend that China has sold 97% of is Treasury bills. That Read more

Did China Sell All Its Treasuries? (bac)

Bank stocks are getting beaten down again this morning. Bank of America (NYSE:BAC), for instance, is off… Read more

Treasury Bond Yields are Falling

Treasury bond yields are falling following a sharp drop in U.S. Nonfarm Payrolls numbers. 10-year Treasury bond yields fell below 3% for the first … Read more

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