Well this is going to be the hot read of the day. Albert Edwards blasts the rally, and says there's still way to much "hope" and that only when the hope is totally gone will we know the great ice age is over.
One key lesson from Japan is that an esse...
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ALBERT EDWARDS: Dear Investors: Prepare For The Market To Rip Out Your Hope, And Consume It In Front Of Your Eyes
ALBERT EDWARDS: Dear Investors: Prepare For The Market To Rip Out Your Hope, And Consume It In Front Of Your Eyes
Well this is going to be the hot read of the day. Albert Edwards blasts the rally, and says there's still way to much "hope" and that only when the hope is totally gone will we know the great ice age is over.
One key...
Read more »
JP Morgan Uses European Weakness To Bet Billions On Non-U.S. Homeowners
Bloomberg reports that JP Morgan has increased its holdings of non-U.S. agency mortgage securities by more than three times to $72 billion.
The additions to the bank's balance sheet have been primarily driven by mortgage products from outside the U.S...
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10 Things You Need To Know Before The Opening Bell (SPY, RBS, GPS, MCP, PCS, HPQ)
Good morning. Here's what you need to know.
Asian markets were mixed in overnight trading with the Hang Seng down 0.78 percent. Europe is moderately lower after EU slashed eurozone growth forecasts and U.S. futures are moderately higher ahead of the...
Read more »
10 Things You Need To Know Before The Opening Bell (SPY, RBS, GPS, MCP, PCS, HPQ)
Good morning. Here's what you need to know.
Asian markets were mixed in overnight trading with the Hang Seng down 0.78 percent. Europe is moderately lower after EU slashed eurozone growth forecasts and U.S. futures are moderately higher ahead of the...
Read more »
10 Things You Need To Know This Morning (AAPL, HPQ, GOOG)
Good morning! Here's the news:
Apple and Foxconn have responded to ABC's report on factory work conditions.
Here's the latest iOS bug everyone's freaking out about.
This founder has a plan to keep a billion cars off the road.
Here's the most i...
Read more »
10 Things You Need To Know This Morning (AAPL, HPQ, GOOG)
Good morning! Here's the news:
Apple and Foxconn have responded to ABC's report on factory work conditions.
Here's the latest iOS bug everyone's freaking out about.
This founder has a plan to keep a billion cars off the road.
Here's the most i...
Read more »