A Modern “Crisis of Confidence”?
Bloomberg reports today that, "Confidence among U.S. consumers fell to the lowest level since 1980…
Jesse FelderJune 13, 2008
Did Meredith Whitney Just Call Another Bottom?
With financial stocks getting hammered over the past few weeks culminating in a 4% swan…
Jesse FelderJune 12, 2008
Oregon’s Fifth-Largest Homebuilder Declares Bankruptcy
From the Oregonian:David Oringdulph built Legend Homes over four decades by building middle-class housing in…
Jesse FelderJune 11, 2008
Chart of the Day: Bear Market?
This long-term look at the S&P 500 is a chart I've posted before. It clearly…
Jesse FelderJune 11, 2008
“The Next Warren Buffett?”
If Eddie Lampert is "the next Warren Buffett" then Sears Holdings (Ticker: SHLD) is his…
Jesse FelderJune 10, 2008
Chart of the Day: Bank Stock Underperformance
Bank stock performance relative to the S&P 500 is now as bad as during the…
Jesse FelderJune 10, 2008
World’s Largest Oil Producer Calls “Bullshit”
"The increase in prices isn't justified in terms of market fundamentals." -Saudi Arabian Government (the…
Jesse FelderJune 10, 2008