Who gives a dam.. about Justin Bieber in these parts...and if anyone does, they're certainly on the wrong message board.
2 weeks ago or so -- and you're surprised at these dismal earnings? What other fantastic news could you have expected in view of the ridiculous proposal to split up? Obviously there was serious trouble brewing.
P.S. To Andrew Ross Sorkin:
Why are you still with that schlock station and morning panel of has-beens? That's a rhetorical question but you if you are a real newsperson, think about it. BTW, I have absolutely no affiliation either directly or indirectly -- or even remotely -- with any news or other public-nor-private disseminator of information.
Jon Najarian? Yesterday he touted SLV -- this guy has been a loser for an extended period of time (his brother hasn't been too great either -- and they still keep the same commercial touting giving away the first 250 of their books for free -- you mean to tell me that after 6+ months they haven't gotten rid of the first 250 books?
How about the guy who has been touting China for the past 6 months (and touted Russia before he lost everyone's shirt in that one, etc....) Get rid of that guy he adds nothing.
Of course there are the Old analysts/annnouncers....'the brain"? I think many know where his really are....
and then there's the old crewmembers from California who should have stayed retired back in the 90s where they belong (along with their hair).
As for the "soft" news and info being peddled by CNBC now, i.e. the interviews with old and/or burned out has-beens like Fogarty, and others from the 60s, 70s and 80s -- what's this soft-core interviewing? One can actually see certain of the real newsmen bristle during each of these episodes while Joe Kernen continues to do little other than relate to his old life from the 70s or before with these folks -- that's enough folks! Get rid of Kernen (sure he looks a tad better with the turkey neck lift, but really, this guy has lost his ability to provide any succinct market analysis, much less observation -- retire the guy, please!.
what exacerbates matters is the fact that the US is one of the first, if not The first, to point fingers at the indiscretions of others -- all the while whistling through Dixie. C'mon....get real!
who are you kidding, that the commodities I cite are not a gauge of the economy because "they are speculatory?" commodities, by their very nature under CFTC trading and guidelines are in fact, "speculatory". Please, find a real basis for your argument or leave it to the pros which you obviously are not.
have you not seen CU, Aluminum (just wait and see what today's AA earnings have in store for you...why do you suppose they are hysterically proposing splitting the co up?) Oh, and then there's GLD, SLV, and some others, but just wait, this is just the beginning.
I am sorry you are sick, but frankly, where were you 20 years ago viz-a-viz your newly-found concern for people who should put their health first? Truly, I wish you success in beating your own health challenge, but frankly, where have you been all these years? Come clean for a change.
It's The Fed and The SEC giving these crooked banks and Wall Street firms the "pass" they are getting -- where is there truly "honesty" and " transparency?" Clearly the US Government and all of its Wall Street minions aren't providing what they espouse, promise, and all they do is lie and misrepresent. It is sickening what has happened to this Country.
"Deflation is TRANSITORY??????" and "the time for tightening is NEAR?"
Who are these Fed Officials kidding? This country is in deep doo-doo with these liars heading the Fed, the SEC, Congress, etc....This is SICKENING -- the lying, the lying, the lying -- and these paid people at CNBC who are paid to gloss over the FACTS that we are in a massive DEFLATIONARY SPIRAL should be fired and this station (CNBC) closed --- who gives a darn about Fogarty, really? CNBC, get real and stop playing to Millennials with idiotic stuff like this -- Millennials are far smarter than pulling the Fogarty's out of the mothballs that you have been pulling.
Why is this "good" for BAC? Who are you kidding!
sorry, but you need to check your numbers: WTI is down materially today; moreover, it is down in a reversal.
I suspect that the market will catch up with the reality before long -- afterall, considering the excessive hoopla given over today's prospective DOE / EIA report (which is almost exactly what happened last week as well as you might recall) the lag time could be because so many were caught with their tails between their legs and their busy trying to find some kind of excuse or, more likely trying to dig up more hoopla in a false attempt to allay concerns that, guess what: We are in a serious cycle of DEFLATION.
Zerohedge reports: "In the face of a modest inventory drawdown (reported last night by API), DOE reports a major 3.073 million barrel inventory build (for the 2nd week in a row). As EIA reports, oil stocks remain at their highest in at least 80 years. Rubbing salt into the wounds, Crude production rose 0.84% WoW, the biggest surge in 5 months. WTI Crude's initial reaction is a significant sell-off...
Biggest 2-week build since May..."
all governments, besides the Chinese, are crooked, as are all of their institutes and other off-shoots. The US is just as crooked as the rest imho.