Going back a year it would have been very hard to find more than a handful of economists who believe that a global recession would potentially drive down GDPs in most of the world's largest nations. The Fed's notes on its last meeting released today show that the agency was more concerned about the situation than they might of let on. In the last few days, more experts have been willing to vent...
Results 1 - 10 of 221 for "DAVID"
Following the recent comments of Yale's endowment investment chief, David Swensen (see previous post), over half of a group of recently surveyed asset managers believe that high-quality corporate credit is currently trading at cheap levels and will likely rally in 2009 (see Financial Times article). Many feel that the rush to the safety of Treasuries has caused all grades of corporates, even hi...
Without changing his rating or estimates, Stifel Nicolaus analyst David Schick this morning sifts through some implications of the holiday selling season for Best Buy (BBY), which is to report earnings on Friday, before market open. Schick thinks that Best Buy will report comparable-store sales were down 6.5% in the December quarter, and notes that Our store checks suggest modest improvement in...
Since Joe Nocera, Michael Lewis and David Einhorn all had a chance to talk about risk in yesterday’s Required Reading segment, I thought it was timely of Jeff Pietsch at Market Rewind to pick this morning to offer up some of his thoughts on the subject of risk. In ETF Risk in Review, Pietsch draws on data from his ETF Rewind tool to tackle the subject of risk-adjusted performance and ranks the ...
Below we list the 2009 S&P 500 strategist price targets in the final Bloomberg survey of 2008 (on 12/29). The average 2009 year-end S&P 500 estimate of the 11 sell-side strategists that participated is 1,056, or 16.9% above the S&P's year-end price of 903.25. UBS strategist David Bianco is the most bullish of the group with a year-end target of 1,300 (a 43.9% gain). Deutsche Bank's ...
David Peltier, Portfolio Manager for TheStreet.com's Dividend Stocks Advisor, tells you how to know which dividends are safe and unveils the stock he is betting on now.
Only two Wall Street investment strategists accurately predicted the bear market that began in 2007. One is Merrill Lynch???s David Rosenberg and the other, Joseph Battaglia at Stifel Nicolaus. I???ve followed the careers of both market seers over the last 20 years and have a deep respect for their market views and prescient forecasts, usually right on the money. Joseph Battaglia, chief investm...
Senate Banking Committee Market activity was improved somewhat today, the Bulls thought so at least. Major U.S. indices moved into positive territory from the opening bell and held green throughout the trading session. Senate Banking Committee seeks SEC Records for Madoff probe as the House Financial Services Committee conducted its first hearing Monday into the failures of the Securities and E...
Only two Wall Street investment strategists accurately predicted the bear market that began in 2007. One is Merrill Lynch’s David Rosenberg and the other, Joseph Battaglia at Stifel Nicolaus. I’ve followed the careers of both market seers over the last 20 years and have a deep respect for their market views and prescient forecasts, usually right on the money. Joseph Battaglia, chief investment ...
Fed minutes come out at 2pm. Keep that in mind today as it’s very unlikely they lowered the rates to zero following the 12/16 meeting where they chatted about how nicely the economic outlook is improving. The last Fed minutes were released on 10/29 and we spiked down but recovered in our election rally that took us to 9,600 on Nov 4th, after which we plunged to 7,500. ...