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Random Items

Posted By Barry Ritholtz On October 9, 2003 @ 10:57 am In Current Affairs,Finance,Media | Comments Disabled

Is it any wonder why so many investors, economists and strategists are confused? Here’s a news round up:

Holiday sales forecasts turn chilly [1]
                 versus
Big Retailers Are Upbeat on Prospects for Holidays [2]

U.S. Jobless Claims Fall to Lowest in Eight Months [3]
                 versus
September job news not encouraging [4]

Building Intelligence to Fight Terrorism [5]
                 versus
We report, you get it wrong [6]

White House Expects 2003 Budget Deficit to Be Below $400B [7]
                 versus
Federal Budget: Worse Than You Think [8]

Quote(s) of the Day:
“Best change in rating today isn’t the Deutsche Bank and Piper Jaffray upgrades of Yahoo at the 52 week high after the 400% run in the stock in the last year and last night’s very solid quarter. I suppose they gleaned some epiphany from the non-surprising great quarter last night. The one that I like is Raymond James downgrade of Sonus to market perform after last night’s blow out quarter. The stock’s up nearly 300% since the analyst upgraded it. Rock on.” -Cody Willard [9], fund manager [10], C.L. Willard Capital

Here is the conclusion on which I base my facts. -Adlai Stevenson [11]


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URL to article: http://www.ritholtz.com/blog/2003/10/random-items-5/

URLs in this post:

[1] Holiday sales forecasts turn chilly: http://money.cnn.com/2003/10/06/news/economy/holiday_forecast/index.htm

[2] Big Retailers Are Upbeat on Prospects for Holidays: http://www.nytimes.com/2003/10/09/business/09SHOP.html

[3] U.S. Jobless Claims Fall to Lowest in Eight Months: http://quote.bloomberg.com/apps/news?pid=10000006&sid=aLj03GnXI60g&refer=home

[4] September job news not encouraging: http://www.washtimes.com/upi-breaking/20031007-103750-4668r.htm

[5] Building Intelligence to Fight Terrorism: http://www.brookings.edu/comm/policybriefs/pb125.htm

[6] We report, you get it wrong: http://www.atimes.com/atimes/Middle_East/EJ04Ak01.html

[7] White House Expects 2003 Budget Deficit to Be Below $400B: http://quote.bloomberg.com/apps/news?pid=email&refer=politics&sid=aB7hClx6jrg4

[8] Federal Budget: Worse Than You Think : http://www.nytimes.com/2003/10/09/opinion/09JACK.html

[9] Cody Willard: http://www.thestreet.com/p/dps/cc/columnistconversation1.html

[10] manager: http://www.teleconomics.com

[11] Adlai Stevenson: http://www.grolier.com/presidents/ea/side/stevnsn.html

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