This morning Goldman Sachs threw its analytical muscle behind Apple today, saying the stock, which is already at a record high, could gain another 100 points before topping out.
Goldman sees Apple’s platform-centric business model – iPod, iPhone, iPad, etc – is the “secret sauce that has enabled it to quickly capture market Read More
The Big Picture, Bull vs Bear
“The first thing that needs to happen, I think, is to get these people out of their homes,” a man wearing a bespoke blue-striped shirt, a Hermés tie patterned with elephants and Ferragamo loafers said recently. “Correct! I’ll explain,” the veteran member of a bank restructuring and advisory team said.
Amid evidence of sham documents Read More
Barry Ritholtz, the founding voice of the popular financial blog The Big Picture, is tired of watching his inbox fill up with self-righteous emails from his more bearish readers.
“A composite of their emails would read something like this: ‘How can you sit there so blithely while the Fed debases the world’s reserve Read More
Barry Ritholtz’s Bailout Nation, which was written for but canceled in early February by McGraw Hill over a disagreement about its contents, has a new publisher in John Wiley & Sons.
Mr. Ritholtz has said that McGraw Hill canceled Bailout Nation out of a desire to protect the reputation of the company’s credit Read More
So says Barry L. Ritholtz, CEO of Fusion IQ and popular talking head, in a post today on his widely-read economics blog, The Big Picture:
If you are a fan of irony, consider this: The conservative movement has utterly hated FDR, and the New Deal for nearly 80 years. For the Read More