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Wall Street may have already made up its mind, but Greenspan's careful signals mean a shift into neutral tomorrow is no better than a 50/50 proposition.
Wall Street may have already made up its mind, but Greenspan's careful signals mean a shift into neutral tomorrow is no better than a 50/50 proposition.
There's lots of happy-talk about recovery. But we still say the NASDAQ is fighting the tides of value, risk and history.
Today may have been an inflection point -- the market saw the media celebration over consumer confidence, but listened to Bob McTeer.
As corporate earnings attempt to recover in 2002, they face a huge locked-in obstacle from lower pension returns -- no matter how well the market performs.
The BoJ's chief provides a grim reminder of the tremendous institutional obstacles to anti-deflationary policies.
Pass the "V"-agra! The steady march of upward earnings revisions from the September lows has stalled out.
How we can rely on faulty analyst estimates to gauge value in the markets? Because sometimes stock prices are even worse.
Fiscal 2001 is now officially over, so we can survey the damage to pension assets last year, and predict the hit to earnings this year.
We know booms. Recovery, you are no boom.
Oil's just an excuse -- the truth is that the investment necessary to sustain recovery just isn't happening.