What’s on the Markets Mind This Week?
Barron’s Associate Editor Michael Santoli discusses what to expect from the markets this week. (Nov. 24)
Christmas Spending Projection Drops to 8 Year Low
Gallup reports that: “Americans’ projected average Christmas spending this year, $616, is the lowest in Gallup’s...
FusionIQ Research “Hit List”
2008 has again been a good year for FusionIQ and its research team. Below are some cherry picked excerpts from Fusion’s various...
How Will Obama’s Team Spend Money?
Robert Rubin made his name as Treasury Secretary by taming deficits. Two of his protégés, Timothy Geithner and Lawrence Summers, are...
Existing Home Sales Record Price Drop
Sales of existing homes dropped 3.1% from the prior month in October, and slipped 1.6% from the previous year. Total housing inventory...
US to Guarantee Over $300 bn in Citi Assets
The U.S. government has agreed to guarantee over $300 billion of Citigroup’s troubled assets. CNBC’s Charlie Gasparino &...
Tim Geithner and the AIG, Citigroup Fiasco
In the Cafe this morning, Institutional Risk Analyst Chris Whalen lobs a hand grenade at the nomination of Tim Geithner to Treasury...
Citi Bailout
The Bailout of Citigroup moves forward (Is this book ever going to be finished?): “Treasury and the Federal Deposit Insurance...