Morgan Stanley (NYSE: MS) opened at $19.07. So far today, the stock has hit a low of $18.60 and a high of $19.13. MS is now trading at $18.93, down $0.64 (-3.26%). Over the last 52 weeks the stock has ranged from a low of $6.7...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
The banking landscape in the U.S. has changed drastically over the past few months. We anticipate further consolidation in the banking space, as the weaker players fail and the stronger players seek to build up their positions.
US stocks fell sharply on Wednesday after a worse than expected employment report rattled investors ahead of Friday's key jobs data. Deteriorating corporate outlook also dampened the sentiment.[More...]
In this article, we cite Merrill Lynch (MER), Bank of America (BAC), JP Morgan Chase (JPM), Citigroup (C), Wells Fargo (WFC), PNC Financial Services (PNC), Morgan Stanley (MS) and Goldman Sachs (GS). The banking landscape in the U.S. has changed drastically[More...]
“significant risks that inflation could decline and persist for a time at uncomfortably low levels,” –Fed Minutes Dec. 15 – 16 2008 Is it even possible for inflation to be so low as to be uncomfortable? Awww crap, my wealth isn’t decreasing in value nearly fast enough? Dammit, I can’t pay this loan back if it isn’t inflated away faster? My money is worth way too much! Print more to depreciate it! Is that the thought process? It is now[More...]
By Martin Hutchinson Contributing Editor Money Morning/The Money Map Report Investors are breathing a sigh of relief that 2008 is over, but they shouldn’t get too comfortable. After... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first. <img[More...]