Archive for the ‘Clusterstock’ Category:

Rosenberg: Retail Investors Are Fleeing From Choppy Stock Rallies, Heading For Bonds

{ Posted on Feb 22 2010 by Vince Veneziani }
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In this morning's Breakfast With Dave, Rosie explains how as the S&P continues its bull rally like that of years past, retail investors are seeing a flight from equities and money market funds into bonds due to the volatile nature ...Read More »

The White House’s New Healthcare Strategy: Make It All About TAX CUTS

{ Posted on Feb 22 2010 by Joe Weisenthal }
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Here you go: The White House's entire Plan B. The full details are here at WhiteHouse.gov. Below are some specific themes. This is very much a post-Scott Brown proposal. Look at the words the White House chooses to bold "affordable," "market,", "budget." ...Read More »

New Week Starts Off With Equities, Commodities Falling

{ Posted on Feb 22 2010 by Vince Veneziani }
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After last week's incredible bull rally, the Dow is now falling, currently down 20 points to 10,383. The NASDAQ is down 5 points to 2248 and the S&P 500 is down 3 points to 1106.Commodities are mixed but are generally ...Read More »

Warren Buffett Going To Charity Lunch At Smith And Wollensky Today

{ Posted on Feb 22 2010 by Business Insider }
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NEW YORK (AP) — The Canadian investment firm that paid $1.68 million last year to win lunch with billionaire investor Warren Buffett is about to collect its prize. The proceeds from Buffett's annual charity lunch auctions benefit the Glide Foundation, which ...Read More »

How A Relentless Attorney Finally Got Wells Fargo To Modify His Client’s Mortgage — And How You Can, Too

{ Posted on Feb 22 2010 by Henry Blodget }
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California attorney Wajahat Ali has written a chronicle of how he helped a couple in Sacramento defeat expert stonewalling by Wells Fargo and finally got the bank to modify the couple's mortgage. The story is revealing on many levels, especially the ...Read More »

Saut: The Correction Is Over, Good News Is Coming, And Momentum Is Back For The Bulls

{ Posted on Feb 22 2010 by Joe Weisenthal }
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We really enjoy starting our weeks with the latest market musings from Raymon James strategist Jeff Saut, who has been so dead on throughout the past several months. After a few weeks of caution -- which he called -- Saut is ...Read More »

Stanley Fink And Larry Hite Partner To Launch $6 Billion Hedge Fund

{ Posted on Feb 22 2010 by Courtney Comstock }
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Hedge fund manager Stanley Fink and Larry Hite launching a new fund says FT. Scared after a stroke revealed a benign brain tumor, Fink quit finance in 2005 to work for charity. He soon re-emerged to launch International Standard Asset Management ...Read More »

Chossudovsky: US Will Start World War III By Attacking Iran

{ Posted on Feb 22 2010 by Business Insider }
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Controversial Canadian foreign policy analyst Michel Chossudovsky recently told Russia Today that any military action against Iran will ignite a regional war from the Mediterranean to China. After that, Russia and China will become involved, sparking a global war. What's more, ...Read More »

It’s Not Just Greece, Now They’re Going On Strike In “Rich” Europe

{ Posted on Feb 22 2010 by Joe Weisenthal }
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We know they're going on strike in Greece to protest "austerity" but the fever is spreading into countries like France and Gernany, where governments are being asked to bail out Club Med. First in Germany, the big Lufthansa strike is definitely ...Read More »

Fear Of Chinese Treasury Dumping — Even If It Were Possible — Should Be A Non-Issue

{ Posted on Feb 22 2010 by Michael Pettis }
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From mpettis.com: It is a real toss-up as to which generates more bizarre comment in the international press: Beijing’s long-feared dumping of US Treasuries, or the use and value of the PBoC’s central bank reserves.  The revelation last week that Chinese holdings ...Read More »
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