Ockham Research Staff @ January 22, 2009 # One Comment
In this post we reprint an article from the Wall Street Journal in which they expose yet another conflict of interest from the TARP bailouts. There are always going to be conflicts of interest when politicians and business start to intermix, and we fear that we are just starting to see the beginning of the problem.
More on: The Wall Street Journal Agrees
Ockham Research Staff @ January 20, 2009 # One Comment
The market is finishing another ugly day and much of the blame can be placed squarely on the disappointing results out of State Street Corp. One interesting discussion that should be had is regarding the usage of TARP funds by politicians to prop up the banks that are most news worthy to the voting public.
More on: Voter Turnout and TARP
Ockham Research Staff @ January 19, 2009 # No Comment Yet
Last week was a telling one for financials, as BofA, Citi, and JP Morgan all released earnings. There is no doubt that the financial sector is still deeply flawed and for anyone investing in these names we believe it is basically pure speculation at this point.
More on: Financial Stocks Are Still A Dangerous Game
Ockham Research Staff @ January 9, 2009 # No Comment Yet
Interestingly, the NASDAQ OMX Group has created a new index to track the performance of companies that have received more than $1 billion in bailout money. This is an interesting idea on many fronts and it was only a matter of time before someone decided to track the massive intervention into the financial markets.
More on: Oh Good GRIef
Ockham Research Staff @ December 19, 2008 # One Comment
A sweeping downgrade of financials by credit rating agency S&P was one of the major stories of the day. Or on second thought, what does this tell us that we did not already know, and so far the market has not even noticed.
More on: S&P Warns of More Financial Pitfalls Ahead
Ockham Research Staff @ November 26, 2008 # 2 Comments
Is investing in high yielding stock really a way to hedge against a bad market? Well, as we have seen dividends getting cut at an accelerating pace, we thought it would be a good time to reexamine this strategy.
More on: Dividend Investors Beware!
Ockham Research Staff @ September 15, 2008 # One Comment
The crazy day in financials has rocked the markets thus far on Monday. This article breifly describes how we got here and where we are headed in the future.
More on: Lehman Bankrupt, Merrill Swallowed, AIG Wilting
admin @ April 21, 2008 # No Comment Yet
The stock market dropped slightly this morning and much of that can be attributed to Bank of America’s ( BAC) first quarter numbers. The nation’s largest retail bank saw its net profit fall 77% and its earnings per share were $.23-a significant disappointment from consensus estimates of $.41 per share. […]
More on: Bank of America Earnings Slide
admin @ January 11, 2008 # No Comment Yet
The stock market is headed south again today as consumer spending concerns have investors nervous about a recession. Holiday sales were expected to be a little bit slower this year, but they fell below even those modest expectations. One of the main catalysts for the sell off today appears to be the […]
More on: Stocks Flail Beneath the Mighty Consumer
admin @ January 10, 2008 # No Comment Yet
The stock market had a nice afternoon advance amidst rumors surround a Bank of America buyout of mortgage giant Countrywide Financial. Yes, the same Countrywide that just eight months ago was trading in the low $40s range. It opened the day at just a bit over $5, but after the rumor […]
More on: Keeping in Perspective: Bank of America and Countrywide Financial