|
Citi Group results show the bull is ready to roll again in dollar, stocks and real estate
Teddy Carlos
Apr. 18, 2008
The biggest U.S. bank by assets reported almost $16 billion of write downs and increased bad loan reserves as customers fell behind on home, car and credit-card payments. However, its posted a $5.11 billion loss is less than analysts'' most pessimistic estimates. The market rallied.
The bull markets are born from the scare of the bear market. When pessimism far exceeds the reality, a reverse bubble is created.
The bubble now is in oil, gold, grains and other commodities. A reverse bubble exists in stocks, dollar, real estate and mortgage securities. Smart hedge fund and private equity fund managers are moving into subprime mortgage markets now.
Citigroup climbed $1.64, or 6.8 percent, to $25.66 at 11:10 a.m. in New York Stock Exchange composite trading, after surging as high as $25.80 earlier today. The Standard & Poor's 500 Index rose 1.7 percent and the dollar gained the most against the euro in more than four weeks.
SMART LIVING & INVST. ARTICLES
Citi Group results, libor rates, stock market optimism and commodity inflation sing bond market trouble
Sam Adelton
Citi Group results, libor rates, stock market optimism and commodity inflation is setting the tone for the markets and the trends. Bond market faces real trouble if this trend persists. READ MORE>>
Citi Group results show the bull is ready to roll again in dollar, stocks and real estate
Teddy Carlos
The bubble now is in oil, gold, grains and other commodities. A reverse bubble exists in stocks, dollar, real estate and mortgage securities. Smart hedge fund and private equity fund managers are moving into subprime mortgage markets now. READ MORE>>
NY probe on auction-rate securities market creating the stealth new bull market in mortgage securities, stocks, real estate and US dollar
Peter Oberois
In the middle of all gloom and doom, the market and the US regulators are cleaning the path for a new US economic boom, dollar and mortgage securities. The stock market is already responding to the moves moving sharply higher in April. READ MORE>>
Stocks, bonds, dollar Crude oil and gold correlation showing momentum weakness for crude and the precious metal sector – a meltdown possible
Kara Zeilig
The precious metals and crude oil can face a similar meltdown just like the financial services sector. The rise in gold and crude is mostly due to speculation and fear from a falling dollar. READ MORE>>
US Treasury bond the most overvalued assets – a serious bear market waits
Jeff Cantor
US Treasuries waits a nasty bear market. It will be a corrective move though on the downside – a cyclical bear move within a secular long-term bull market. READ MORE>>
What happens to US economy and the World economies over the next five years – what’s the effect on dollar, stock and real estate?
Fred Day
As US closes the door to easy trade and dumping by Asian and other countries, the commodity prices will collapse, dollar rise, oil come down, gold fall below $700 an ounce, US GDP growth above 3%, and a decisive drop US trade deficit. READ MORE>>
Merrill Lynch takes $9 billion in write-downs on mortgage-related assets, swings to a loss but the financial meltdown is coming to an end
Sam Adelton
The correction in the banking and leverage system was over due. But the way things capitulated but did not collapse in totality provides the early clues that the markets are ready to snap back on the upside. READ MORE>>
MORE ARTICLES >>
|