'Animal Spirits' Could Boost S&P to 950, Harrison Says: The "Most Important Level of the Year"
I agree that 950 will be tested soon even though the economy is crap. Price action is still very bullish.
A collection of articles about the direction of the market compiled by CNBC
Consumers Still Socking It Away: What Might It Mean for Stocks?
Since 7o% of the US GDP comes from comsumer spending it isn't a good sign that's for sure...br>
Stimulus skeptics were right
Coudn't have said it better myself. Japan tried huge stimulus programs in the 90's-to no avail.
Americans are restless over pace of stimulus spending
Who can blame them for being skeptical when so much money is being spent so hastily?
Would not surpise me.
Is Goldman Sachs the Root of All Evil?
One of the reaons why Goldman is so powerful is because the fed enables these bubbles to form by infusing endless liquidity into the markets, which creates rampant inflation for middle America, but makes the bankers & speculators wealthy. Even when some of these companies fail they STILL get bailed out by the fed!
The End of the Recession?
And it's gonna get much worse. 10% unemployent will become 'the' normal.
More Power For the Fed? Seriously?
Recovery Seen in Second Half—but Will Stocks Care?
The market probably has further to run, but the economy isn't anywhere clsoe to improving. 'Less bad' is NOT the same as a recovery.
'Massive Implications': Grilling of Bernanke More Than Just Politics as Usual
'Beagle boy' Bernanke is a liar. We must not forget that TARP was a scam on tax payers. Otherwwise, why are so many banks so eager to return the money? It was hardly a grilling at all.
The Obama Pattern
Agree. Obammi is trying to please everyone by taking the path of least resistance, but in the end he will please no one.
Is the dollar doomed?
In thie short term the dollar is essentially doomed as risk taking returns to the market. As long as this sucker rally in the stock market persists, the dolar will fall.
Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending
A lengthy essay of the origins of the housing crisis.
Good advice for the lousy economic situation we're in.
The End Of The Recession? Please
Consumers are de-leveraging and the economy will continue to suffer.
WTF? Why would skeptical analysts still raise their targets? Palm simply cannot compete with the Apple Iphone and Rimm Blackberry, and is due for a major selloff once the hype wears off.
Is the Bear Finally Set to 'Beat It'?
An amusing article in tribute to Michael jackson.
BEHIND THE MONEY: Bow Down To The 'Golden Cross' and Buy
I'm alo bullish with a target of 1150-1250 on the SPX. This article also gives a good picture of what so called' golden cross' looks like in today's market.
This would be funny if it were not true. Tax payers got scammed, and there's noting we can do but try to make light of it, I guess.
Stocks turn to jobs as first half draws to close
I suspect the unemployment number will be brused off unless it is god awful.
Will Gold Rush to 1,000?
$1,000/ounce gold does seem like a strong possibiliy...
Maria Bartiromo is still a dingbat. How anyone could trust anything she says since she was bullish last year, even when there were obvious signs of impending economic crisis. More specifically, I didn't know Maria was even capable of critical thinking.
All the Ways Your Laziness Is Costing You Money
Good consumer advice tips.
Commercial Real Estate Is Plunging
The stock market can only ignore this for so long. This may be the next shoe to drop.
GOP: 'Where are the jobs?' from big fed spending
That's what everyone is asking, including his supporters.
I came to that same conclusion. The SPX may peak at 1,200 before March lows are retested. Pretcher came to simmilar conclusions, too.
Deciphering the Fed's Cryptic Messages
Deflation is far worse than inflation, and in the long run that's where we're headed as conumers de-leverage. European countries wilface similar fates.
Economy-Wise, The Great Experiment Seems To Be Working
Any economic gains attributed to the simulus will be short lived. Stimulus & bailouts won't work, as evidenced by the fact that the 2008 George W. Bush stimulus failed to avert a deep recession. Neither did the Japan stimulus in the 90's.
Obviously, this doesn't bode well for that so called 'v shaped' recovery.
Palm Investors Should Sweat
I concur. Palm stock is due for a major selloff soon. The smartphone market is saturated. Avoid.
Nasdaq 100 Chart: Bullish Signs
In spire of the lousy economy, the market does seem to want to go higher.
Strong Increase in Personal Income is Temporary, Consumer Spending on Track for Decline in Q2
The higher savings rate is going to quash any hope of a long term, sustainable recovery.
If you've ever wondered why...
10 Things Rental Car Companies Won't Say
More entertaning consumer advice for a slow Saturday.