Amazingly, it's being reported that Europe has come to an agreement on bank recapitalization plans and Greek debt forgiveness. The banks will have to get their Tier 1 capital up to 9% by June. That 9% will be calculated based on the value of sovereign debt they hold after write-downs. Back in July...
November 19, 2010 *****The Market Feels Heavy *****Silver Eagle *****The Fed Fires Back Fellow Investor, The good vibes from the GM IPO and the bailout potential for Ireland took the S&P 500 back above support/resistance at 1,192. We'll see how long the good vibes last. Despite yesterday's...
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Daily Profit
by
Ian Wyatt
on
11-19-2010
Filed under:
Filed under: Ian Wyatt, bailout, bank bailout, S&P 500, Federal Reserve, Fed, China, Bank of America, GM, Bernanke, General Motors, TARP, dollar, currency, silver, mining stock, PIMCO, IPO, silver price
Fellow Investor, I managed to catch part of Treasury Secretary Geithner's testimony yesterday. I actually thought he represented himself pretty well. I can appreciate his stance that AIG really was to big to fail. But that notion that the New York Fed had to make sure all of AIG's credit default...
Normal 0 MicrosoftInternetExplorer4 Your Daily Profit July 7, 2009 *****Small-cap Update *****Buy the Rumor, Sell the News *****Earnings Season *****Reader Mail Fellow Investor, Notwithstanding yesterday’s positive market activity, stocks continued their month-long downward trend with the Dow closing...
Your Daily Profit June 5, 2009 *****Small Cap Trading *****Financials Back in the Lead *****Bulls vs. Bears *****Bullish on China Fellow Investor, Opening volume was higher in this morning’s session with all the major indices, except the Dow, trading in the negative. As of press time at 10:40 A...
Your Daily Profit May 21, 2009 *****Greenspan Chimes In *****As the News Cycle Turns *****China and Greenhouse Gas Fellow Investor, One of the architect's of the financial crisis issued a warning that banks still have unfunded liabilities that were not properly accounted for by the Treasury Department's...
Where Have My Earnings Gone? The Land of the Setting Sun The Swiss Start Their Engines My One True Nightmare New York, Vegas, and Happy Birthday, Tiffani This week we look at the Land of the Rising Sun. Japan is going through major upheavals, and they will have consequences all over the world. And what...
Posted to
Thoughts From The Frontline
by
John Mauldin
on
03-14-2009
Filed under:
Filed under: China, Japan, GDP, S&P 500, Earnings, Richard Russell, Exports, Protectionism, Switzerland, G-10, Imports, Yen
Your Daily Profit March 5, 2009 *****Oil and Steel ***** China ’s Stimulus *****SXC Health Solutions Earnings Fellow investor, Finally. A positive start for stocks finally finished that way. We’ve seen several rally attempts fizzle over the last couple of weeks. Once the S&P 500 hit 700...