Top Gun FP Client Note: Worst Week Ever
The market could be pretty crazy next week. I’m not sure how much posting I’ll do. I’m putting up this week’s Client Note on the blog as a bonus: Top Gun FP Client Note: Worst Week Ever (10.12.08).
The market could be pretty crazy next week. I’m not sure how much posting I’ll do. I’m putting up this week’s Client Note on the blog as a bonus: Top Gun FP Client Note: Worst Week Ever (10.12.08).
There’s a lot of news out this morning that has to make you a little uneasy if you’re a bull. Target (TGT) reduced its same store sales forecast for September from 4-6% to 1.5-2.5% (subscription required), raising questions about the…
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
The war makes inflation more intractable – Steven Blitz, Chief US Economist, TS Lombard (quoted in Nick Timiraos, “Fed Wrestles With The Challenge Of How Quickly To Raise Interest Rates” [SUBSCRIPTION REQUIRED], WSJ A1, Tuesday 3/15). The Fed is highly…
Yesterday, the Federal Reserve decided to keep the federal funds rate at 0.25%-0.50%. Since then, markets have soared as investors celebrate the continuation of easy money. However, the Fed also fairly clearly telegraphed a rate rise on December 14th. In…
Steve Pearlstein is one of the best in the business. Today’s column is a gem: Yes, the financial crisis has passed and the economy is growing again, but there’s a good chance that growth will be temporary — the result…
Washington Mutual (WM) issued quite a press release after the close yesterday. Here is what they said they are going to do to shore up their capital base and their business: Cut their quaterly dividend from 56 cents to 15…