Via ABC News: “Amidst the voter anger at Wall Street and Washington, D.C., ABC News has learned that the Senate Democratic leadership isn’t sure there are enough votes to re-confirm Ben Bernanke for another term as chairman of the Federal Reserve....
There’s a lot of buzz hitting the contrarian financial news circles around the web regarding recent market weakness and the possibility for the end of the rally which began in March of 2009. Many contrarian investors have been waiting for the crash that is...
Andy Hoffman reports that The Peoples’ Bank of China is “clamping down on a massive lending spree amid fears the world’s third largest economy is overheating.” We opined in China Growth Booms, But Is It About to Collapse? that China has blown a...
In his January 20, 2010 forecast update Harry Dent, of HS Dent Investments, gives some insights into why the market may have topped or be close to a top: Out of our three key recommendations in the January issue, two have come to fruition. Our buy target for the U.S....