Rally over?

Experts say we’ve had all the gains for this year after some strong gains since March this year. It is expected that markets in US, Europe and Asia will close up the year at current levels. “The fundamentals have improved. However figures are mostly driven by government and central bank intervention. When this wears off [...]

Chicago bids for Olympics

Beautiful Chicago is trying to bring the Olympics……read more…

Microsoft and it future

Microsoft soared from 1980-1999…but now some doubt its clout going into the future……read more…

Another $1.5 Trillion in Bank Writedowns Coming: IMF

The International Monetary Fund on Wednesday lowered its estimate for global writedowns for banks and other financial institutions to $3.4 trillion but warned that loan losses were set to rise as unemployment grew. Check out the story below.
www.cnbc.com/id/33083318

Economic Calandar for 09/30/09

7:00 MBA Mortgage Applications
8:15 ADP Jobs Report
8:30 Final Q2 GDP and Corporate Profits
9:00 NAPM NY Report on Business
9:30 SEC panel on short selling, Day 2
9:45 NAPM Chicago Business Barometer
10:30 EIA Petroleum Inventories
10:30 Fed’s Lockhart speaks on U.S. economic outlook
12:00 PM Chicago Fed’s Midwest Manufacturing Index
12:35 PM Fed’s Kohn participates in panel on “Central Bank Exit [...]

Top Exec at ING BD Leaves

Multi-Financial’s CEO Patrick McEvoy has left the broker dealer which is a subsidiary of AIG. There is heavy speculation that the broker dealers of AIG will be sold and the CEO has departed from the network on good terms. Other Broker Dealers in the ING network on the chopping block are: ING Financial Partners, PrimeVest [...]

JP Morgan’s Management

Looks like Bill Winters is getting the boot and the new CEO to step up to the plate is Jes Staley. He will be taking the title only when it comes to the investment banking business. “The investment bank is the most prestigious part of the business — as well as the part that’s kept [...]

Stock market: A year later

One year later the stock market has rebounded to some extent……read more…

US Income Gap Widens as Poor Take Hit in Recession

The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets. Household income declined across all groups, but at sharper percentage levels for middle-income and poor Americans. Check out the story below.
www.cnbc.com/id/33067886

Economic Calandar for 09/29/2009

7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
9:00 S&P Case-Shiller Home Price Index
9:30 SEC panel on short selling, Day 1
9:35 Business Roundtable’s Q3 CEO Survey
10:00 FDIC Board meeting to discuss restoration plan for Deposit Insurance Fund
10:00 Dallas Fed’s Fisher reports on the economy
10:00 Consumer Confidence
10:00 State Street Investor Confidence
5:00 PM ABC Consumer Confidence Index
7:00 [...]

Next Page »