http://www.tradersnarrative.com/negative-seasonality-positively-bullish-richard-russell-1668.html Freshly squeezed market commentary & analysis Sat, 05 Jul 2008 18:37:28 +0000 http://wordpress.org/?v=2.0.2 http://www.tradersnarrative.com/negative-seasonality-positively-bullish-richard-russell-1668.html#comment-32944 Mon, 05 May 2008 01:50:46 +0000 http://www.tradersnarrative.com/negative-seasonality-positively-bullish-richard-russell-1668.html#comment-32944 [...] Warren Buffett: “worst is over” The Sage of Omaha believes that “the worst of the crisis in Wall Street is over”. In an interview he said that he supported the Bear Stearns buyout because there was a real risk of contagion had it fallen. He also thinks “the Fed did the right thing” by stepping in and acting as a direct lender to the financial companies in need. Of course, this is little consolation to those who are being squeezed by the mortgage crisis but from a trading or investment point of view, it is nice to have someone like Buffett confirm that Armageddon was averted. At the same time, Buffet - unlike Richard Russell - is not a raging bull. He thinks that we will see moderate future growth, much less than in the past decades. [...] […] Warren Buffett: “worst is over” The Sage of Omaha believes that “the worst of the crisis in Wall Street is over”. In an interview he said that he supported the Bear Stearns buyout because there was a real risk of contagion had it fallen. He also thinks “the Fed did the right thing” by stepping in and acting as a direct lender to the financial companies in need. Of course, this is little consolation to those who are being squeezed by the mortgage crisis but from a trading or investment point of view, it is nice to have someone like Buffett confirm that Armageddon was averted. At the same time, Buffet - unlike Richard Russell - is not a raging bull. He thinks that we will see moderate future growth, much less than in the past decades. […]

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