Posts Tagged ‘jobs’
Dow Jones replaces GM with Cisco Systems
After 83 years on the Dow Jones Industrial Index, General Motors gets kicked out, hand-in-hand with City. Cisco Systems replaces GM on the Dow Index. Cisco (CSCS) which is ranked nr 69 on the 2009 Forbes 2000 List was overdue on the Index as it is one of the main heavyweight tech stocks that also [...]
Forecasting Financial Markets Recovery
Here is a good example on financial forecasting difficulties and how dangerous it may be to spell it out publicly. This presentation from Absolute Traders was titled “Financial Markets Will Recover And Surpass 2008 Crisis”. Was the publication of this financial market analysis a successful marketing strategy or one that backfired? Financial Markets Will Recover [...]
Citi AIG tax and dwindling returns
The Dow showed promise but, perhaps as expected, slipped again towards the end of the week and Djia, as most markets, closed in the red. Citigroup financial services went from about 1 dollar to testing the 3 dollarmark. On the Citi reverse split it dropped som 13% but ended the week at 2,62. If you [...]
