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Apple Remembers Steve EU Getting Madder Nigel Farage told the European Parliament in Brussels on Wednesday that there’s a detachment between Brussels and the real people of the European Union, that it’s almost as if the debate has been going on in a padded cell that is the European parliament as people compete for who […]

Bove Turns Bullish On Banks Last May, Dick Bove of Rochdale Securities found few friends among analysts when he suggested selling Goldman Sachs (GS), then around $140 but now $95. He was bearish before it was popular. After the recent drubbing in the market, however, he’s turned bullish. In a research note sent to clients […]

The $8.2 Trillion Writedown David Rhodes and Daniel Stelter at The Boston Consulting Group think European leaders will resort to inflation as a cure for their debt overhang, but that they’ll first play for time, fail, then “conclude that debt restructuring is inevitable.” “They would need to restructure all debt, probably at around a maximum […]

Bulls Begin To Snort Don’t look now, but the market’s recent crash tendency is firing up the bulls. Doug Kass of Seabreeze Partners told CNBC he thinks “the lows are in” and that investors are missing the key point that growth is slowing but not stopping. He sees no double-dip recession and believes banks are […]

Death By Entitlement From Mark Steyn’s new book, After America: Get Ready for Armageddon: [Greek protesters are] objecting to austerity measures that would end, for example, the tradition of fourteen monthly paychecks per annum. You read that right: the Greek public sector cannot be bound by anything so humdrum as temporal reality. So, when it […]