Starbucks CEO calls “bullshit!”
The Wall Street Journal reports that Howard Schultz is pretty darn fired up:"We are going…
Jesse FelderMay 19, 2008
“Once they pop, bubbles tend not to be reignited”
Good, balanced article on the local economy in the Bulletin today. I was especially glad…
Jesse FelderMay 18, 2008
A local tale of greed and fraud
There is an excellent story in today's Oregonian detailing the greed and fraud that propelled…
Jesse FelderMay 18, 2008
The Bull Turns Tail
As they typically do, analysts are getting skeptical about 12 months after it was appropriate…
Jesse FelderMay 18, 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