FINERMAN: Let’s turn the conversation to the economic recovery and the stimulus. Unemployment rate near double digits, how are you going to get people back to work?
SOLIS: Well I think we are beginning to see the implementation of the American Recovery Act, which was signed into law in February, to help first of all help [...]
Even as the Dow flirts with 10,000, few investors are climbing aboard the rally, and many can’t bear the idea of losing more money. Barron’s Leslie Norton reports.
Investors are using risky measures to pick stocks, says Savita Subramanian, head of U.S. quantitative strategy at Bank of America/Merrill Lynch. She suggests looking at free cash flow — money a business has after expenses have been paid.
Cashin said the reflex rally in the dollar will cause equities to fall.
“Almost all the asset classes have been moving directly in relationship to the dollar,” said Cashin.
“You don’t even have to look at the news ticker anymore—you just tell me what the dollar’s doing and I can tell you what stocks, oil and gold [...]
Demand is up for the economy’s building blocks, Cramer said Wednesday, and that means, “The recovery is at hand.” While this is bad news for the doom-and-gloom pundits who predict the worst, it’s great for the rest of us.
Major indexes hit new highs for the year on Tuesday, but will the rally continue? Tony Dwyer, equity market strategist, FTN Equity Capital Markets and Jim Swanson, chief investment strategist, MFS Investment Management shared their investment strategies.
“I think [the rally] has lot more legs,” said Dwyer. “The retail money that has been on the sidelines [...]
WSJ’s Dennis Berman tells colleague Evan Newmark why we should still care about AIG. He says taxpayers should know that parts of the insurer are still in need of rescue and that they will most likely be the ones footing the bill.
Warren Buffett tells CNBC he has no regrets about any of the decisions he made over the weekend one year ago in September, 2008, when the financial crisis was at its worst.
WARREN BUFFETT: Well, I think — I think Lehman was destined to fail unless the government came in big time. And — [...]
Recent Comments