My afternoon train reading: • Are Morningstar Ratings Useful? (Mariposa Capital) see also The Prescient Are Few (NYT) • Stephan...
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After Cyprus asked for an EU bailout and Greece’s Finance minister resigned just days after getting the job, is Europe reaching a...
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Source: Bianco Research As the chart above shows, the percentage of bears (in red) has not risen. It remains at the same level it...
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Pending Home Sales in May rose 5.9% m/o/m, well above expectations of a gain of 1.5% and follows a decline of 5.5% in April. The index is...
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Durable Goods orders in May rose 1.1%, above estimates of up .5% but April was revised downward to a decline of .2% from an initial gain...
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My morning reads: • Biggest U.S. Banks Curb Loans as Regional Firms Fill Gap (Bloomberg) • S&P 500 Q2 Earnings Growth Estimates...
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6 Buys, 3 Neutrals Average Price Target = $39 BofA/Merrill – Neutral – $38 PT Goldman Sachs – Buy – $42 PT Oppenheimer...
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As usual, everyone has just one issue – what’s happening in the EZ. Well Mrs Merkel’s “not in my lifetime”...
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The new Greek Finance Minister said today that after the June 17th election, 2b euros have come back to Greek banks in the form of...
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