Banking Analyst Interview
Nice introduction to bank stock analysis. Street Capitalist link: My Interview with the Bank Analyst.
Archive for October 15th, 2009
U.S. Retail Sales
Just to touch briefly yesterdays retail sales. The figure was -1.5%; 0.5% ex autos vs. -2.1% and 0.3% consensus. Prior readings were 2.7% and 1.1%. Nothing to cheer here, most important aspect for me is the consequences of government stimulus withdrawal. The additional demand just evaporates.