Market Rally Status Check Despite a 30% surge in the market since the March 9th lows, Barron’s Michael Santoli concludes there is still room for further... Read More
LIBOR continues its drop Another day closer to the release of the bank ‘stress test’ brings us another leak in the morning papers and today reveals... Read More
Market Rally: 1974 or 1982? Over the past month, I have heard quite a few people declare this to be the start of a new bull market. The kindest thing I can say in... Read More
Goldman Connection Puts NY Fed Official In Tight Spot When Goldman Sachs became a bank holding company late last year, New York Fed official Stephen Friedman inadvertently found himself in... Read More
Chrysler Battle has Important Implications Good Evening: Last Thursday evening, U.S. stock market bulls were fretting an aborted attempt to launch the S&P 500 into the green... Read More
Bruce Springsteen Open Thread Last minute tickets: I am off to see the Boss at Nassau Coliseum — so you are on your own! Man, the Blackberry camera sucks:... Read More
So Much for “Sell in May” . . . > Dow up 216, SPX breaks through 900, Nasdaq gains 44. Some rally, huh? Is it a bear market bounce or something else? Read More
Fed’s Loan Survey The Fed’s quarterly senior loan officer survey revealed that 39.7% of banks tightened credit standards for businesses, 5.7%... Read More
Afternoon Reading Here’s what caught my eye today: • New York Fed Chairman’s Ties to Goldman Raise Questions (WSJ) • How banks got TBTF:... Read More
Nasdaq-100 Weekly Winning Streaks (1985 – 2009) > Mike Panzner writes: > The technology-laden Nasdaq-100 Index has had a winning streak of more than eight weeks on only five... Read More