EconWatch.com > The Can-Kicking Economy

[The Daily Reckoning] Meredith Whitney, “The Woman Who Called Wall Street’s Meltdown,” according to the Fortune Magazine cover of August 18, 2008, upgraded the shares of Goldman Sachs to a “Buy,” and predicted the stock would rise 30% from current levels. “Goldman has all the benefits of the capital markets in general,” said Whitney, “Without the ”˜junk in the trunk’ as I like to call it.” Goldman shares jumped 5.3%.

Previous [Previous] Sweet & sour: Economists upbeat on economy; consumers, ...

Next [Next] Indian economy recovering, deficit inevitable: Mukherjee (Roun...

Some related posts from Technorati and Google.

[Daily Markets] Meredith Whitney Sides With Da Boyz And Says: Buy Goldman | Daily ...: Perhaps Larry Kudlow, Jim Cramer and now Meredith Whitney are right. The bank’s crap assets are no longer marked to market, banks have been bailed out of all their responsibilities, the Fed and Treasury stand ready to keep them pumped up and politicians of either party just enjoy the donations flowing.

[Breaking News] Goldman Sachs upgrade gives world markets a lift as focus turns to ...: NEW DELHI - The central bank has some leeway in funding the government due to a buffer it has built up over the past several years, but this could get exhausted rather quickly, global investment bank Goldman Sachs said in a report released Monday. 'Our calculations show that the RBI (Reserve Bank of India) can fund about Rs.1.5 trillion ($30 billion/Rs.1.5 lakh crore) of the government's borrowing needs without creating a sizeable monetary overhang and stoking inflation,' it said.

[Gold Speculator] Gold”¦if Not Now, When? - Gold Speculator: Meredith Whitney, “The Woman Who Called Wall Street’s Meltdown,” according to the Fortune Magazine cover of August 18, 2008, upgraded the shares of Goldman Sachs to a “Buy,” and predicted the stock would rise 30% from current levels. “Goldman has all the benefits of the capital markets in general,” said Whitney, “Without the ‘junk in the trunk’ as I like to call it.” Goldman shares jumped 5.3%.

[The Big Picture] No Financial Villians . . . ? | The Big Picture: Seems like CL stopped going down….at least for now. Continuation held up at the 38.2% retracement of entire move and out month contracts stopped at 50% retraces of individual contract moves….if you’re short energy still, may not be a bad idea to trim or get out….or if you’re a daredevil “go git yu sum…”

[Total Info] Oil Trader`s Blog: Meredith Whitney Upgrades”¦. Meredith Whitney ...: After initially talking up the banks on CNBC, going as far as saying good things about Bank of America (BAC) and Citigroup (C), Meredith then reversed course and started sounding the alarm about economic trouble: more real estate crash, unemployment between 13%-15% (whoah!) and a failure to address what’s really wro

[Zecco.com - Zecco Breakfast Bell] Zecco Breakfast Bell (July 14, 2009) - Zecco.com: The content of Zecco Holdings, Inc.'s, Zecco Trading, Inc.'s, and Zecco Forex, Inc.'s websites, including research, tools and securities symbols, is for educational and informational purposes and should not be intended as a recommendation or solicitation to engage in any particular securities transaction or investment strategy. You alone are responsible for evaluating the benefits and risks associated with the use of our services or products and to decide which securities and strategies better suit your financial situation and goals, risk profile, etc.

[Traderbill's Financial Markets Weblog] 7/14/09”¦pump and dump « Traderbill's Financial Markets Weblog: No, it was Meredith Whitney issuing her first ”˜buy’ recommendation since founding her own company”¦is she going to be another ”˜one trick pony’ like Elaine Garzarelli whose main claim to fame was calling the 1987 crash while an strategist and fund manager for Lehman Brothers (not to be forgotten is the fact that she bought put options for the fund which was not a legal investment and thus Lehman lost money on the deal restoring the cost to the participants). Since then her record has been so-so”¦kind of like Schwab chief investment strategist, Liz Ann Sonders.

[Locust blog] US Economy Trending Towards an Inflationary Depression - Spending ...: During this whole process, only the Illuminist institutions and corporations will receive any bailouts, so in the end, all the money for which taxpayers and their descendents become indebted will have been paid as salaries and bonuses to the Illuminati and their henchmen, and as free booty to their Illuminist business corporations to keep them from failing and to resettle them overseas.  Taxpayers will be lucky if they get a lump of coal in their stockings as they watch their pensions, benefits and entitlements trickle down to nothing, especially after hyperinflation becomes full blown.

[Goldnotes - A Resource Investor's Blog] Goldnotes - A Resource Investor's Blog » London Irvine Report ...: Optimal’s prospectus said it managed the firm’s Madoff- linked investments and had conducted a full review of Madoff, which included analyzing trades, visiting his New York office, and interviewing his chief risk and chief financial officers, Berlamont said in an interview. Now the Geneva-based unit of Spain’s biggest bank says it isn’t liable for the losses because Madoff managed the investments.

[The Daily Bail] Lloyd Blankfein: "Sorry Seems To Be The Hardest Word" - Home - The ...: Goldman Sachs CEO Lloyd Blankfein, the only non-government employee at the 4-man meeting to decide the fate of AIG, sent a letter of apology and appreciation to various officials yesterday (Frank, Bachus, Shelby and Dodd) for the government's .Carolina First Bank, Citizens Republic Bancorp Inc., Huntington Bancshares Inc., Synovus Financial Corp.

Reflected tags on Technorati: Blog, , ,