U.S. Banks Bigger Than GDP as Accounting Rift Masks Risk By Yalman Onaran - Feb 19, 2013 7:01 PM ET Warning: Banks in the U.S. are bigger than they appear. That label, like a similar one on automobile side-view mirrors, might be required of the four largest U.S. lenders if Thomas Hoenig, vice chairman of the Federal Deposit Insurance [...]
Archive for the 'Financials' Category
Oh Thrilling!
BEN IS VERY HAPPY
I know. Today was the inauguration of Barack Obama, the 44th President of this great United States of America. It was also Martin Luther King’s birthday. I would love to celebrate also. Seriously…I would. But on this day, $3 billion of new debt was created. On this day, Ben Bernanke printed another $3 billion. On this [...]
01/11/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Definitively… We had a big gap up the first day of the year on the announcement that…hey they’re going to tax more and not cut spending. But markets were relieved. The market sat around and edged above those highs yesterday and that’s the story. For this week, the S&P was up [...]
01/10/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Gold Every time Gold has an up day, I get tons of emails asking: “Should I buy it now?” I received two phone calls in my office today from listeners to my radio show. “What do you think about Gold here?” And one of them got mad at me when I [...]
01/07/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Let’s back track a little and look at what happened going into this new year. The market looked like it was going to go higher in late-December. And then all the news of the Fiscal Cliff started bringing it down and it looked like it was bringing it down hard. Then [...]
I TOLD YOU SO…AND WOW…THIS IS A MARKET
Ok…I told you so. I am not thrilled at the outcome but it was a gimmee. I take no pride, no solace and no consolation in knowing what was going to happen. You see…when you go to a horse track, you typically make a bet on past performance. I told you there would be [...]
01/04/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW How This is Possible Yesterday and Wednesday, I reported to you something very simple (without telling you to do anything): The Russell 2000 broke out of a two-year base. The New Your Stock Exchange broke out of a two-year base. The Smallcaps broke out of a two-year base. The Mid-caps broke [...]
01/02/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW While I was gone on vacation, the emails I got were 9 to 1 asking about the Fiscal Stiff. Many were asking about waiting to invest until the Fiscal Stiff was fixed up. And I just emailed back to everyone the same words: “Can’t blame you for sitting tight.” Because if [...]
12/18/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW With 8 1/2 days left of trading before the end of the year, the boys are getting the job done. Remember what I told you. Last year the week before Christmas, the S&P was up 4.1%. Guess what? We’re not even into Wednesday and we’re already up 2.3% in two days. [...]
END OF YEAR RALLY ON CUE – SEE WHAT $85 BILLION/MONTH WILL BUY
Before we get started, my prayers go out to the families affected by the senseless tragedy in Connecticut. My heart aches over the interviews I have been watching of the parents who lost a child. Frankly, I don’t know what I would do if it was my child. The anticipated end-of-year rally that this report told [...]
