Starbucks CEO calls “bullshit!”
The Wall Street Journal reports that Howard Schultz is pretty darn fired up:"We are going…
Jesse FelderMay 19, 2008
Treasury Secretary: ‘Nope – this ain’t the bottom.’
The Financial Times reports:Hank Paulson on Friday said that housing remained “the biggest risk” to…
Jesse FelderMay 18, 2008
“The pain trade is for the market to go higher than people expect”
That's what Wall Street Bigwig Barton Biggs told Maria Bartiromo last week. Now there's at…
Jesse FelderMay 18, 2008
“If you have a mortgage, consider yourself lucky”
That's the beginning of an interesting piece in today's New York Times. It continues: Some…
Jesse FelderMay 18, 2008
Chart of the Day: Oil
Now that oil has gone completely parabolic and it's more overbought than at any time…
Jesse FelderMay 16, 2008
Carl Icahn: “Step in to my office, Mr. Yang…”
It was recently reported that famed corporate raider, Carl Icahn, has taken a stake in…
Jesse FelderMay 15, 2008
“Trillionaire bleeding-heart liberals”
I'm a huge fan of Paul McCartney but this is just not cool. The Telegraph…
Jesse FelderMay 14, 2008
Inflation: “Nothing to see here”
Bloomberg reports:U.S. consumer prices rose less than forecast in April, reflecting cheaper cars and lodging…
Jesse FelderMay 14, 2008
Biggs’ Balls
"The pain trade is for the market to go higher than people expect - back…
Jesse FelderMay 13, 2008
“An outbreak of pessimism”
The Times Magazine:There is a way to, in effect, spend your dollars on other forms…
Jesse FelderMay 12, 2008