From ClusterStock:Everyone has now gotten used to the idea that we’re “deleveraging.”
But what do we think that means? We think it means that banks,
consumers, companies, and the government have to cut down their debt a
bit.
Actually,
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Posted on October 31st, 2008 by
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A big rally this week has salved something for the bulls, but October 2008 is going to go down as one of the worst months in financial market history.Heading into Friday, the Dow was down 15.4% for the month, on track for the 11th-worst
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Conventional wisdom is that a President Barack Obama will be bad for the stock market. Some even attribute the market’s recent weakness to fear of an Obama victory, specifically citing his plans to raise taxes on capital gains and on incomes above $250,00
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GM went trick-or-treating early but it looks no one answered the door. Either that, or its trick wasn’t very good. Either way, it appears to have come up empty-handed in its bid for government goodies.
The much-talked about General Motors-Chrysler merger is off the table for now. Reuters is reporting that talks hit an impasse after […]
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It’s not the economy. It’s not John McCain versus Barack Obama. It’s not even a business issue. It’s Proposition 8: a California proposition that would ban same-sex marriage. The Valley has long supported gay rights and tomorrow about 50 of its leaders
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Suddenly, it seems, everything’s coming up roses for the stock market, which continued its recent rebound Thursday. The worst GDP report since 2001? Well, the 0.3% drop wasn’t as bad as feared. SF President
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“Everywhere we look we’re finding really great bargains,” says Whitney Tilson, managing partner of hedge fund T2 Partners and noted value investor.In part 1 of my interview with Tilson, we discussed his “sleep easy” portfolio of blue c
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Having laid out a “sleep well” portfolio in part 1 of our interview, here Whitney Tilson offers recommendations of blue-chips for more adventurous investors.The money manager’s picks, Target and American Express, are in decidedly out-of-favor se
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