The Dow tomorrow: Predictions?

#278
#278
I am so sick of people in the media talking about severe recession/depression give it a break.
 
#280
#280
oklavol said:
I am so sick of people in the media talking about severe recession/depression give it a break.
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it's gonna be here until inauguration day for sure. Afterwards, it will be here to help support Obama's gov't spending agenda and to continue to remind that world that Obama inherited "impossible" circumstances.
 
#285
#285
And now Citi announces they are selling smith barney to morgan stanley. Thank you robert rubin. You ruined one of america's greatest companies. and only for $115 mil since 1999. What a bargin!
 
#286
#286
droski said:
And now Citi announces they are selling smith barney to morgan stanley. Thank you robert rubin. You ruined one of america's greatest companies. and only for $115 mil since 1999. What a bargin!
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Although Morgan Stanley will do just fine with the Smith Barney franchise. MS is the only true competitor to Goldman in the Corp. Fin. arena.
 
#287
#287
BigPapaVol said:
Although Morgan Stanley will do just fine with the Smith Barney franchise. MS is the only true competitor to Goldman in the Corp. Fin. arena.
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the fact Citi feels like it needs to sell smith barney (it's most profitable division) means citi is in some serious deep trouble.
 
#288
#288
droski said:
the fact Citi feels like it needs to sell smith barney (it's most profitable division) means citi is in some serious deep trouble.
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has to be in trouble. I believe the Corp Fin side of Salomon is killing it right now, too.
 
#299
#299
Barclays says their earnings are going to stink. Also this citibank stuff is killing all the banks and ge capital is a pretty large % of GE's earnings.
 
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