"History is a wonderful thing, if only it was true"
-Tolstoy

Thursday, May 08, 2008

Good clip

Good piece, we'll see if it stays or disappears

Video - CNBC.com

Thesis that banking and finance stocks are not the place to be, that there will be much more regulation in the years ahead, spreads and margins will suffer and the cost structure has been built for an earlier environment.
Read : more layoffs to come

More : Commodities may be in bubble stage, much like the dot-com era.

Good, economically sensitive stocks are a buy.

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