Archive - Jan 7, 2010
RANsquawk 7th January Morning Briefing - Stocks, Bonds, FX etc.
Submitted by RANSquawk Video on 01/07/2010 05:30 -0500RANsquawk 7th January Morning Briefing - Stocks, Bonds, FX etc.
Someone Is Paying a Lot for High Priced Doo Doo!
Submitted by Reggie Middleton on 01/07/2010 04:10 -0500The motto for last year will probably end up being, "You really don't get what you paid for!". In reviewing the banks that were originally included in the Doo Doo 32 (a list of likely doomed banks created in the spring of 2008), I decided to take the devil's advocate perspective (an exercise that we normally pursue) and attempt to build a bullish case for the sectors that I viewed bearishly yet have outperformed the S&P and escaped profitable shorting during the last three quarters. The results are illuminating.
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