Consumer still love $TGT for its cheap prices and selections. 5% was on the high end of expectations and the CEO said they expect to power through a tough economy.Comments »
Monthly Archives: May 2012
ALBERT EDWARDS: HAHAHAHA, The Bulls Aren’t Laughing Anymore, The Stock Market Will Collapse And All Hope Will Be Lost
“In his latest note, SocGen’s famously bearish Albert Edwards looks around at interest rates falling all over the place and Europe in chaos, and gives himself a good chest-beating, while mocking the equity bulls for yapping about how cheap stocks are.
He’s clearly feeling pretty good about the way things are turning out, writing: “For 15 years we were told the West is nothing like Japan. We agree. It is worse! ”Comments »
“India’s economic growth weakened to a nine-year low last quarter, hurt by an investment slowdown that has undermined the rupee and jeopardized Prime Minister Manmohan Singh’s development agenda. Stocks fell and bonds climbed.
Gross domestic product rose 5.3 percent in the three months ended March from a year earlier, compared with 6.1 percent in the previous quarter, the Central Statistical Office said in a statement in New Delhi today. The median of 31 estimates in a Bloomberg News survey was for a 6.1 percent gain. GDP climbed 6.5 percent in the year to March, the office said.”Comments »
“European Central Bank President Mario Draghi said policy makers will keep focusing their crisis support on solvent euro area banks as he reiterated it’s not the ECB’s job to fix the cause of the region’s turmoil.
“The ECB will continue lending to solvent banks and will keep the liquidity lines active and alive with solvent banks,” Draghi told a European Union Parliament committee in Brussels today.”Comments »
min cap $5billComments »
[youtube://http://www.youtube.com/watch?v=Um1lA9m4wL0 450 300]
Time to check out South Park…Cheers !Comments »