Newsweek Cover: The Recession Is Over

ByGreg Feirman July 30, 2009 Reading Time: 1 minute

newsweek-the-recession-is-over-cover

And here’s Obama commenting on the cover at a Town Hall meeting in Raleigh, NC Wednesday morning:

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Yesterday Macy’s (M) reported 1st quarter earnings. They reported earnings of 2 cents a share on a continuing basis compared to 16 cents last year. Sales were down 3% and same store sales down 2.6% (M Earnings Release). The stock…

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Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…

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Homebuilder D.R. Horton CEO Says 2007 Will “Suck”
March 7, 2007 Reading Time: 2 minutes

I don’t want to be too sophisticated here, but 2007 is going to suck, all 12 months of the calendar year. Our future is not as bright as we would like it to be. – D.R. Horton CEO Donald Tomnitz,…

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FRC: Depositors Pull $100 Billion
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Embattled Silicon Valley bank First Republic (FRC) just reported 1Q23 earnings. FRC provided a nice summary of what you want to know in a section entitled “Recent Industry Events”. On March 9, deposits totaled $173.5 billion. On March 16, FRC…

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Kass: Markets Have Likely Peaked For The Year
September 30, 2009 Reading Time: 1 minute

Despite the strong share price momentum and the aforementioned emerging optimistic economic/profit consensus, I continue to hold on to the variant view that the markets have likely peaked for the year based on the existence of nontraditional headwinds, an end to…

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ATHs Imminent, NKE Turnaround, NYC Votes Socialist
June 27, 2025 Reading Time: 7 minutes

The S&P closed Thursday only a few points shy of a new All Time High. With Futures currently in positive territory, it appears the market will make another run at it Friday. While everyone loves a bull market, there are…

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