Seeking Alpha (Free subscription) | 05/11/2008
Markos Kaminis (Wall St. Greek) submits: Welcome back to recession. Actually, the “new style” concern is inflation, after the European Central Bank [ECB], Bank of England [BOE] and International Monetary Fund [IMF] all pounded that fear down the market's throat this past week. However, the true catalyst behind the move in the markets certainly had something to do with the double-digit...
Seeking Alpha (Free subscription) | 05/04/2008
Markos Kaminis (Wall St. Greek) submits: The market closed higher on the week, thanks to a better than expected Employment Situation Report on Friday. The report indicated that 20,000 jobs were lost in April, which was better than the 75,000 economists expected, according to Bloomberg’s survey. Also, the unemployment rate fell to 5.0%, from 5.1% in March. Unfortunately, the unemployment...
Communications Breakdown (Free subscription) | 04/16/2008
As of yesterday I am a contributor to Wall Street Greek, run by Markos Kaminis. It is much more market focused than what we are doing here at Communications Breakdown. We'll see how it develops. See right hand column for a complete list of blogs that I own or contribute to.
Seeking Alpha (Free subscription) | 04/13/2008
Markos Kaminis (Wall St. Greek) submits: Despite Friday’s near 300-point decline in the Dow Industrials Index, the market has shown interesting resilience to bad news lately. Sure, Friday’s report from General Electric (NYSE: GE), indicating that it had missed forecasts sent the stock for its biggest one-day dive since the 1987 market crash. Of course, consumer sentiment readings that...
Seeking Alpha (Free subscription) | 04/07/2008
Markos Kaminis (Wall St. Greek) submits: An interesting mix of economic data is set for release this week, but the market seems capable of handling anything at this point. Entering recession, and with unemployment rising and consumer stresses intense, there’s concern about the consumer credit situation. On Monday, the monthly change in consumer credit will be reported. Perhaps a sign...
Seeking Alpha (Free subscription) | 03/30/2008
Markos Kaminis (Wall St. Greek) submits: Hope springs eternal, and the market will be plenty hopeful this week. Complete Story »
