Community Banks are Key to Economic Recovery
Written by Michael Markowski on
May 24, 2010 – 10:41 am
May_24,_2010_-_Community_Banks_are_Key_to_Economic_Recovery
Posts Tagged ‘ economic recovery ’
Written by Michael Markowski on
May 24, 2010 – 10:41 am
Pimco’s Gross expects that the economy will likely experience a double dip when the stimulus wears off.
Written by Michael Markowski on
September 4, 2009 – 9:42 am
Gross said the situation remains precarious. His investment has repeatedly called the “new normal” of much slower growth rate than what the normal has been over the last 20 years. With another drop possible and continued deflation, he said 30-year bonds with a yield of 4.13 to 4.15 percent would become attractive.
Comment: I am in [...]
Abbott Laboratories was featured on Bear Market Boot Camp Today
Written by Michael Markowski on
August 18, 2009 – 6:09 pm
Dow stocks down yesterday, Only KO and PFE were up nominally. Biggest loser was Alcoa, which was down 6%.
The Producer Price Index (PPI) was released this morning and came in below the estimates. According to the latest data the PPI was down by a record 6.8 percent lower in July. They had been forecast to [...]
Major stock market indices have likely seen their highs for 2009
Written by Michael Markowski on
June 30, 2009 – 8:54 am
The major indices including the Dow 30 Industrials and the S&P 500 have likely seen their highs for the year since a viable economic recovery is currently not on the horizon. The biggest reason why is because of the damage that has been done to the psyche of the consumer who has bailed the economy [...]
Bear Market Boot Camp
Written by Michael Markowski on
June 29, 2009 – 10:43 am
Dow down 35 points on Friday. Now two consecutive weeks of declines for the Dow. 20/30 Dow stocks down on Friday. Biggest losers down more than 1% were AXP, BA, CVX, HPQ, MSFT, WMT, XOM, Biggest gainers BAC and MRK.
VOLUME is drying up and this spells the end of the bear market rally.
The [...]
Steep sales declines for stalwarts, Proctor & Gamble and Costco are telling
Written by Michael Markowski on
May 30, 2009 – 10:34 am
Investors should be closely monitoring the future financial results of Proctor & Gamble (NYSE:PG), the world’s largest consumer products company and Costco (NASDAQ:COST) the U.S.’ largest consumer warehouse company. Both will be keys in determining the timing and strength of the U.S. economic recovery. PG manufactures Pampers diapers, Gillette shavers, Crest toothpaste and household laundry [...]
Bear Market Boot Camp Radio Show
Written by Michael Markowski on
May 29, 2009 – 10:33 am
Interest rates hit their highest levels in six months yesterday and mortgage rates have gone from under 5% to over 5.5%. The yield curve (the spread between short term and long term bonds) went to its highest ever. This new development; rising interest rates before an economic recovery is keeping Bernanke up at night because [...]
Bear Market Boot Camp Radio Show
Written by Michael Markowski on
May 28, 2009 – 10:09 am
Dow down 175 points all Dow Stocks but two down, CAT and MRK. GM down 20% PG, MMM. JPM, AXP all down more than 3%.
Slumping Treasury bond prices send stocks lower.
Comment: When interest rates go up PE multiples contract. If you believe that interest rates are going higher get out of stocks. This is [...]
