Our guest Gary Shilling is gut-wrenchingly bearish on the stock market. Specifically, he thinks the S&P is going to fall 35% to 600 by the end of
the year.The good news is Gary thinks there are some things you can buy
without losing your shirt:
T
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Posted on July 15th, 2009 by
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The Federal Reserve released the minutes from its June meeting Wednesday, and not surprisingly policymakers felt that “the economy remained very weak.” However, the Fed did note that “declines in activity seemed to be lessening.” Along
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There was a great clamor last week for a second Federal stimulus - because the first one wasn’t working. President Obama threw cold water on that idea over the weekend, when he rejected calls for a second stimulus and suggested that we need to be patient
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Most U.S. consumers believe the economy is not getting any worse, according to a recent poll conducted for Reuters, but that does not mean they’re ready to spend like the good ol’ days. Of 1,001 consumers surveyed by America’s Research Group, 40.1%
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Oil’s been on a wild ride. The run-up in prices earlier this year failed to approach last July’s record levels, but the percentage moves have been huge.What’s behind these wild swings? Speculators!That’s probably the most popular answer heard
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Daniel Rice, manager of the BlackRock Energy & Resources Fund, is the best-performing U.S. equity fund manager of the past decade, according to Morningstar. He’s also not afraid to speak his mind, especially when it comes to the subjects of global war
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PepsiCo Inc’s offers to buy its two bottling affiliates has dragged on and on and could be a distraction for the companies as they begin planning for 2010.
Bill Pecoriello, CEO of ConsumerEdge Research, said he believes PepsiCo would only be willing to raise its offer 10 percent and that would be insufficient to entice Pepsi […]
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CIT, the small-business financing company that provides funding for airlines, railways, retailers and manufacturers, should have little trouble securing some kind of government aid, whether in the form of a short-term loan, as seems to be the most likely scenario, or even a TARP or FDIC bailout.
Public antipathy toward bailing out financial companies was pretty […]
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