Lofty Expectations | InvestmentWatch

APPLE TANKS: Apple on Track for Worst Day Since ’08 TARP Rejection

Shares of former tech darling Apple (AAPL) tumbled 11% on Thursday in their largest selloff since the 2008 financial crisis as Wall Street worries the iPhone maker’s incredible growth pace may be over.

The steep tumble leaves Apple at fresh 11-month lows and knocked the consumer-electronics giant off its perch as the world’s most valuable company by market capitalization, allowing ExxonMobil (XOM) to retake the top spot.

The bad day for Apple comes [...]

Economic meltdowns, global warming, and no end to Guantanamo: How the world is disappointed in Obama’s performance (and his broken promises)

Obama reached zenith of popularity at 2008 Berlin rally
However, other countries now disappointed after expectations not met in President’s first term

In a world weary of war and economic crises, and concerned about global climate change, the consensus is that President Obama has not lived up to the lofty expectations that surrounded his 2008 election and Nobel Peace Prize a year later.

Many in Asia, Africa, the Middle East and Latin America [...]

AP: GLOBAL ‘DISAPPOINTMENT’

In Europe, where more than 200,000 people thronged a Berlin rally in 2008 to hear Barack Obama speak, there’s disappointment that he hasn’t kept his promise to close the military prison at Guantanamo Bay, and perceptions that he’s shunting blame for the financial crisis across the Atlantic.

In Mogadishu, a former teacher wishes he had sent more economic assistance and fewer armed drones to fix Somalia’s problems. And many in the [...]

B of A Warns Upcoming “Desperate Measures” By Authorities Will Result In Another 2008 Market Collapse

Last week we had Citigroup warning that the market bottom is about to fall out, as the Fed is more than likely to disappoint already very lofty expectations (according to various estimates from both Goldman and the second Tier banks, i.e., all of them, the market has priced in roughly $500 billion in QE3 already). Today, Bank of America, which may or may not be with us [...]

With Just 4 Days Left Till Jackson Hole, Are The “Great Expectations For QE3″ Too High?

And so we return to that point when the most engaging, yet useless, topic of discussion is what Bernanke will say or the Fed will do, in this case this coming Friday at the 2011 edition of the Jackson Hole Fed meeting, and specifically Ben’s keynote speech. By now we have seen endless iterations of what pundits expect will happen: from nothing to another round [...]

How is this possible with so many gushing headlines during Dec about how great sales were? Off with their heads!

by Jackson

December isn’t looking as great as advertised, as retailers reported weaker-than-expected sales and dragged stocks to a muddled close. Tech stocks offered one of the day’s few bright spots. The dollar rebounded to a two-week high, and the correction in commodities resumed with crude oil finishing below $89. NYSE decliners led advancers by about four to three.

Blaming the weather:

Any lingering notion that Americans are back to their free-spending [...]

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