U.S. Consumer Confidence Falls More Than Forecast

July 28 (Bloomberg) — Confidence among U.S. consumers fell more than forecast in July, reflecting a surge in unemployment that threatens to undermine household spending.
The Conference Board’s confidence index dropped to 46.6, a second consecutive decline, following a reading of 49.3 in June, a report from the New York-based group showed today. The figure reached [...]

Bernanke’s secret exit strategy

Fed Chief Ben Bernanke has a secret exit strategy to mop up all the extra money that’s been pumped into the economy, Funny Money reports.

Brace for Another Financial Crisis

Another financial crisis is on the way and it will be triggered by writedowns related to commercial real estate, credit cards and student loans, says Kirby Daley, senior strategist at the Newedge Group. He explains to CNBC’s Martin Soong and Sri Jegarajah.

The End Of Wall Street: Why It Happened

Chapter Two of A WSJ series: What was going through the minds of CEOs, corporate boards, fund managers and mortgage lenders as they created hard-to-understand derivatives Warren Buffett once called “weapons of financial mass destruction.”-marketwatch

Warren Buffett: Invest in Stocks Even At Dow 9000

Warren Buffett tells CNBC that the economy still isn’t showing any signs of life but that doesn’t mean investors should stay away from stocks for the long-term.  Even with the Dow hitting highs for the year around 9000, Buffett repeats his belief that stocks will outperform cash investments, such as Treasury notes, over the long-term. -cnbc

Art Cashin: ‘30% Chance of Sudden Reversal’

Crunching such ostensibly false hope with the uncertainty of bank earnings, Cashin maintains his stance on the current rally: “We’ll know by the end of this week” whether there will be a minor pullback or a hard correction.

Ford Motor Co posted a $2.3 bill Q2 2009

DETROIT (Reuters) – Ford Motor Co posted a $2.3 billion quarterly net profit, mainly due to gains from a $10 billion debt-reduction plan, and said it was on track to at least break even in 2011, sending its shares up 10 percent.
Discussing earnings results and what’s next for the company, with CNBC’s Phil LeBeau and [...]

Charts Show Danger of New Bear-Market Low

If the market doesn’t start to hustle now, the S&P and Dow are likely to fall from here onwards, and we could see a new bear-market low, Chris Locke, MD of Oystertrade.com Management said Wednesday.

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