With the third-quarter earnings season set to pick up, there is cautious optimism. However, we do expect some nasty numbers out there with the blame fully on the condition of the economy. Just try reading some of the recent headlines on the wires and you’ll understand the concerns.
“US Bancorp 3Q falls 47 percent”
“DuPont 3Q profit [...]
Filed under: Finance, Personal finance | Tagged: earnings, earnings cuts, stock markets, Wall Street | Leave a Comment »
What we need now is a period of stabilization and consolidation in capital markets, so we can reflect on what’s happening in the economy. We also need third-quarter earnings season, so we can get the latest view from corporations.
Some companies have already reported their third-quarter earnings and the numbers weren’t half bad. Johnson & Johnson [...]
Filed under: Finance | Tagged: stock market, Wall Street | 1 Comment »
With much of Wall Street and Washington in panic mode, investors and consumers might feel like they should be on the move, too. But what to do: Buy? Sell? Stuff the mattress? Head for the hills?
Maybe just digest. There’s a lot to swallow, coming off a weekend that saw the nation’s housing-mortgage-credit crunch roll over [...]
Filed under: Finance | Tagged: American International Group, financial advice, Financial crisis, Lehman Brothers, Merrill Lynch, Wall Street | Leave a Comment »
