Doug Kass says economic turmoil will continue for quite a while, lending credence to the “W” shaped bottom that may develop as stocks dip lower again. Additional headwinds include Obamanomics experiment.Story
The Big Picture
It’s a Depression (Without Those Tacky Breadlines); Andy Beal’s $30 Billion Bet on Banking
Andy Beal: “Unemployment is going over 10%, commercial real estate hasn’t even begun collapsing and corporate credit defaults are just getting started”. A great time to be buying distressed assets from Vikram Pandit, and Ken Lewis! […]
The Big Picture
The January Effect!!
Watch this week for cue’s for 2010 stock performance. […]
The Big Picture
Global Shippers: Recession till 2012
Global shipping leaders are bearish on world economy, and oncoming glut of new ships, with fewer customers. […]