The 5 Stages of Grief, Investing Edition

Swiss-born psychiatrist Elisabeth Kübler-Ross’ five stages of grief is a core component of modern psychoanalysis and used to help people deal with tragedies. But do they apply to investors? Very much so, according to Diane Garnick, investment strateg

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The American Economy: What the Jobs, Housing Numbers Really Mean

We all know the economy is bad and it’s a terrible time for workers and homeowners, with a direct connection between the two. There’s a lot of talk about the being the

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There’s a Long Way to Go Before the Bottom, Invesco’s Garnick Says

U.S. stocks moved modestly higher early Monday, overcoming big declines in Asian markets and Warren Buffett’s dour comments in an extended appearance on CNBC this morning. The early action, aided perhaps by another big merger in big pharma, is encouraging

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Dow 5000, Revisited

From The Business Insider, March 9, 2009:  Wall Street is now talking openly about the possibility of the DOW dropping to 5,000 and the S&P 500 to 400-500.  This is actually good news. …

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Pushing Drugs

The drums of consolidation in Big Pharma were beating loudly after Pfizer bid for Wyeth in January. And as Merck and Schering-Plough were already teamed up on key drugs, the deal they announced this morning was hardly a shock. Though analysts said the pact has lots of logic to sell it — the companies are […]