July 2009

I learn something new every day about Stuart Varney.  He used to own a motorcycle!  Can you see Stuart cruising down the highway on a HOG?  Ha, I'm still laughing about it as I type.  Anyway, Tom and I didn't get to our Best Guess, so here you go.... JOHN RUTLEDGE (We call him Dr. John off camera and I have no idea why or who even started that): The ... read more

The President really likes the Noon ET edition of Fox Business.  Even when in Italy, he thought it was best to give us an update on global emissions.  Since I am Italian I say "bongiorno" and "grazi" to to world leaders for wanting to cut global emissions by 2050.  It's a start, but probably not a very fast one.  Sadly, it means nothing without China CHERYL: Twitter doesn’t find a bidder ... read more

STUART VARNEY: That there will be some balance to the news...swamped with the bad, now see a little good.... JIM AWAD: earnings season kicks off in earnest this week and it is going to create volatility as the bulls and bears latch on to each report to gather evidence to support their case--but the key thing to watch is forward looking guidance: do companies see revenues and earning starting to ... read more

Tuesday was the blowout quarter from Goldman Sachs, and both Tom and myself  had basically the same take on the future of the bank and the guidance. TOM SULLIVAN: great earnings from Goldman Sachs, combined with the absence of a former competitor Lehmann Brothers, will cause Washington officials to question former Treas Secty Hank Paulson’s role. DUNSTANJ PRIAL: SEC Chief Mary Schapiro's ... read more

TOM SULLIVAN: The credit problems at major banks will increase for the next year, primarily from commercial loans and commercial real estate loans. CHRIS COTTER: I’m guessing that Pope Benedict the XVI is the toughest Pope we’ve had in quite some time… Broken wrist, still has breakfast AND A.M. mass before going to the hospital and having ... read more