Comments on: Most U.S. Stocks Retreat, Led by Financials on Credit Concern http://www.ritholtz.com/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 20 Mar 2010 20:27:37 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Matthew Rafat http://www.ritholtz.com/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/comment-page-1/#comment-91817 Matthew Rafat Wed, 25 Jun 2008 08:21:59 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/#comment-91817 Banks are a necessary component of capitalism and will eventually stabilize. It's a bit strange when people tout an unnecessary company like CROX but disavow a company like Wells Fargo. http://willworkforjustice.blogspot.com/2008/06/time-to-buy-colonial-bancgroup-inc.html Banks are a necessary component of capitalism and will eventually stabilize. It’s a bit strange when people tout an unnecessary company like CROX but disavow a company like Wells Fargo.

http://willworkforjustice.blogspot.com/2008/06/time-to-buy-colonial-bancgroup-inc.html

]]> By: Mike in NOLA http://www.ritholtz.com/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/comment-page-1/#comment-91816 Mike in NOLA Tue, 24 Jun 2008 12:12:24 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/#comment-91816 Another sure bearish signal: the guys almost always wrong want you 60% in stocks, only 8% cash. S&P 15% higher by year end than yesterday's close. <a href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a3xiK9guG7pQ" rel="nofollow">Strategists' U.S. Allocation Guidelines and Forecasts</a> Another sure bearish signal: the guys almost always wrong want you 60% in stocks, only 8% cash. S&P 15% higher by year end than yesterday’s close.

Strategists’ U.S. Allocation Guidelines and Forecasts

]]> By: Vermont Trader http://www.ritholtz.com/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/comment-page-1/#comment-91815 Vermont Trader Tue, 24 Jun 2008 11:41:20 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/#comment-91815 This is the way the world ends, Not with a bang but a whimper. —T.S. Eliot, "The Hollow Men" (1925) This is the way the world ends, Not with a bang but a whimper. —T.S. Eliot, “The Hollow Men” (1925)

]]> By: Mike in NOLA http://www.ritholtz.com/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/comment-page-1/#comment-91814 Mike in NOLA Tue, 24 Jun 2008 11:29:35 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/#comment-91814 Bloomberg TV just showed a pie chart to the effect that Fed rate rises are overwhelmingly expected by September. Just amazing that people actually could believe Bernanke's tough talk. If he is crazy enough to do it, my short ETF's will love it. Bloomberg TV just showed a pie chart to the effect that Fed rate rises are overwhelmingly expected by September.

Just amazing that people actually could believe Bernanke’s tough talk. If he is crazy enough to do it, my short ETF’s will love it.

]]> By: ECONOMISTA NON GRATA http://www.ritholtz.com/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/comment-page-1/#comment-91813 ECONOMISTA NON GRATA Tue, 24 Jun 2008 09:56:17 +0000 http://thebigpicture.dev.wilder.ca/blog/2008/06/most-us-stocks-retreat-led-by-financials-on-credit-concern/#comment-91813 OT: Good Morning Barry, you may want to take a read at this amusing article in the NYT. "A ‘Bonfire’ Returns as Heartburn" http://www.nytimes.com/2008/06/24/business/24sorkin.html?ref=business "....But the real excitement — the reason, traders whispered, that Mr. Wolfe must be in attendance — was that the Blackstone Group, the big private equity firm, was minutes away from going public, the largest initial public offering in the United States since 2002. (At the time, he told The New York Observer that a friend was giving him a tour.) Just then, a CNBC reporter pulled Mr. Wolfe aside to ask him what he made of all the hubbub. Mr. Wolfe paused for a moment to contemplate his answer. And then, with a wry smile, he delivered a prophetic declaration: “We may be witnessing the end of capitalism as we know it.”....." It makes for some light morning reading.... Best regards, Econolicious OT: Good Morning Barry, you may want to take a read at this amusing article in the NYT.

“A ‘Bonfire’ Returns as Heartburn”

http://www.nytimes.com/2008/06/24/business/24sorkin.html?ref=business

“….But the real excitement — the reason, traders whispered, that Mr. Wolfe must be in attendance — was that the Blackstone Group, the big private equity firm, was minutes away from going public, the largest initial public offering in the United States since 2002. (At the time, he told The New York Observer that a friend was giving him a tour.)

Just then, a CNBC reporter pulled Mr. Wolfe aside to ask him what he made of all the hubbub. Mr. Wolfe paused for a moment to contemplate his answer.

And then, with a wry smile, he delivered a prophetic declaration: “We may be witnessing the end of capitalism as we know it.”…..”

It makes for some light morning reading….

Best regards,

Econolicious

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