Unless it is 1)GM, 2)Kodak, and 3)Bethlehem Steel...or maybe AT&T? 1)Pension plan stuffed with high levels of company stock plus bad management, 2)technology leaving it behind, 3)highly leveraged moving into downward cycle with increased competition could sum up the three companies problems. or AT&T hits it on the head with all three!
That CNBC article didn't bother to include some of those who went bankrupt.
I don't think Treword could give two (manures) about what VOD has done. VOD needs to close a TA gap. The London trade needs to revisit 208.45p. The ADRs also have £/$ impact. The £ should be finding a bottom given their unemployment figure is in lock step with the U.S.
Lower? How about kick them to the curb and slap them in the back of the head for the failed TMUS bid. Some of the recent big spectrum bid was on the back of the spectrum T lost to TMUS. That $6B figure would now be a conservative cost figure.
T kicked out of the Dow should perhaps mean Stephenson kicked out of the T!
Nothing but a general market shake down to move out weak money. A rise in interest rates will be a symptom of a stronger economy with solid unemployment. Running scared from the equity market because the economy is getting stronger is retail investor folly. You should have been and be running from the bond funds. I don't see how the Fed doesn't raise rates when the unemployment rate drops under 5%. The one other country tracking with the U.S. is the U.K. with unemployment of 5.7% while the U#$%$ 5.5% today. What is interesting is the U.K. will be impacted positively with the new ECB QE beginning Monday while the U.K.'s BOE had two on its board vote for a rate increase last year. The inflation numbers impacted by oil prices has given them pause but I see the BOE in lock step with the U.S. Fed as far as timing of rate hike. The currency trade however has murdered the £/$ trade for much of the past year. Not logical but that's what the market has done.
You've graduated from COUNTRY STUPID!!!!! to TRAILER STUPID!!!!! A lot of people have made money during this 6 year scam...Shame you're to TRAILER STUPID!!!!!! and got left behind......
I have given up looking for Black Monday. As long as interest rates are zero the market is not going down. They have scared the markets saying the FED is going to raise interest rates. I don't believe them. They have been crying wolf too long and they are not believable any longer. Every other country in the world is lowering interest rates so do not see us raising interest rates anytime soon. I see a 5 % correction and then time to put some money to work. Like T at $32.
kowa, you are wrong all the way. What else can one expect from a t long. me and treword54 are not same. I remember because I thought at that time that those words of treword 54 were prophetic and needed gold framing. T IS TOAST..
Sentiment: Strong Sell
So the DOW is down, including AT&T and VZ
So all of this is based on better than expected ROBUST "Jobs Numbers"(?) expected to drive up interest rates ? - - Thimbles & Pea Trick ??
Lets examine things here .. '295-K U.S. jobs growth reported' - trick math(?), so how many fell of OFF 99 week unempoyment benefits entitlement(?) .. how many more have STOPPED looking for work(?) - - or quit their jobs and were rehired for the same jobs they recently quit ?
NOW the Yahoo Finance article posted just before this one today, mentioned the 'ROBUST Jobs Sector" happened to be in the "Restaurants / Bar" industry .. but WAIT ?
The pay-scale for this "restaurant / bar"(?) .. isn't is this ACTUALLY "below" the Mc D's burger flippin jobs scale ??
Face it folks .. our (false) economy is just a 6 year "SCAM" - btw, check the Metals Mkt today ...
LOL, there's an old saying that you always want to buy the stock being kicked out and sell the stock going into the index.
I was wondering how he could possibly remember what monosyllabic utterance TurdWord posted from way back when. Now it makes sense since they're one and the same.