Debt is plentiful and cheap. There's egregious use of leverage. And you have the introduction of a new class of buyers that artificially buoys demand and inflates prices.
I vividly recall Charlie Clough being fired in early 2000 coincident with the market top. He was wildly bearish. Nobody has ever accused brokerage management of having good timing.
In the downturn I foresee, no market will be immune. But New York will weather the decline better than other markets.
It looks like that initial response on Friday was misplaced. This lacks imagination, lacks creativity, lacks forward thinking, lacks youth.
It's an archaic process. It can be done with more rapidity, in a better pricing environment, skipping the third party in toto. I wish I could figure out a way to short seat on the Exchange.
It's really getting treated with skepticism. Investors have turned in their rose-colored glasses for accounting visors.
That's going to shake the Street.
The company faces the dual challenge of lower power system orders and a likely hiatus in jet production.
The inventory of unsold homes has been building in the past four or five months - which is not surprising, as affordability has gotten stretched and stretched, and creative financing has grown more absurd.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.