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Frontrunning: July 27
- Tenacious G - Is Goldman Sachs evil? Or really good? (NY Mag)
- Bernanke feared a second great depression; he may still very well get it (WSJ)
- Europe braced for rising credit card defaults (FT)
- Loans by U.S. banks shrink as fear lingers (WSJ)
- Credit crunch part deux (Merk Mutual Funds)
- Real yields highest since 1994 aid record debt sales (Bloomberg)
- Ryanair plunges on outlook for fares, earnings (Bloomberg)
- Earnings - not what they seem (Investment postcards)
- Aetna again cuts 2009 outlook, profit slides (WSJ)
- Verizon profit falls 21% (WSJ)
- Same old story from Radioshack - revenue down, earnings up (MarketWatch)
- David Rosenberg on BNN (BNN)
- Weekly economic and financial commentary (Wells Fargo)
- Deutsche Bank also expected to post profits on credit trading (Bloomberg)
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The New York Magazine article was a very good, indeed.
The only was Goldman can be kept in check is for J6P to continue to bash Congressional reps. Good luck with that.
That chart of the day earnings view should be sent to all investors!
As for the p/e.... sky is the limit now...
dotcom bubble was insignificant in comparison to valutations now