Commodity Prices
Big Banks: They All Fail
I figured Citigroup (NYSE:C) would be asked to raise more cash to insulate it against further losses. But when I read that the Treasury will raise reserve requirements for… Read more
Bank Stress Test to Discredit BAC and C Earnings Report?
Banks are getting pounded this morning after Bank of America (NYSE:BAC) handily beat earnings estimates. Analysts were expecting $0.04 in earnings per share; BAC came in with $0.44.
As I… Read more
Commodity Rally
Once credit markets get back on track, new construction and manufacturing, to a lesser extent, could come roaring back, outing even more pressure on commodity prices.
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