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).
Whereas the previous two weeks (June 4-8 and June 11-15) were all about rising interest rates, this week was all about the blow up of two Bear Stearns hedge funds with heavy investments in subprime mortgage bonds. Fear that other…
We’ve seen continuous improvement every single week for the last 10 weeks in the US rent a car space on improving demand for the summer season. We’ve been buying a lot of cars the last 8 weeks…. We’re scrambling to…
Germany’s DAX and France’s CAC are currently +5%. Britain’s FTSE and US Futures are +2%. It’s looking like today is going to be a face ripper of a bear market rally. However, this does not mean the bottom is in….
After Silicon Valley Bank (SIVB) failed Friday, its Northern California neighbor First Republic (FRC) was in the crosshairs Monday – dropping 62%. However: FRC is NOT SIVB. SIVB was a an aggressive bank focused on the tech startup community. FRC…
Google (GOOG) just reported a solid quarter after the close of trading today. There was a bit of drama as CNBC at first reported revenue after TAC as $3.07 billion – well below analyst estimates for $4.06 billion. The stock…
The narrative over the last few weeks has been that the defeat of inflation will allow The Fed to cut rates in September has resulted in a rotation out of Mega-Cap Tech (QQQ) and into Small Caps (IWM) which will…