Collateral Damage (5): What's official - and what's not

Enzio — Mon, 14 Jan 2008 19:13:50 +0800

Teaser:

"Jan. 12 (Bloomberg) -- U.S. stocks fell for a third straight week, the longest streak since August, after forecasts from AT&T Inc., American Express Co. and Tiffany & Co. bolstered speculation that the six-year economic expansion is ending.

AT&T dropped the most since 2003 on the New York Stock Exchange after saying customer demand weakened. American Express had the steepest loss since September 2001 after adopting a `cautious view' for the year. Tiffany tumbled the most in 5 1/2 years on slower holiday sales. Goldman Sachs Group Inc. economists said the U.S. may already be in a recession, joining counterparts at Morgan Stanley and Merrill Lynch & Co...."

At the end of last year (that was only two weeks ago!) we issued these quadruplets: "Collateral Damage":

Topics Covered:

Last Friday's market review by Bloomberg
So what's "official"
And what's not?
How our advice of 3rd January 2008, in "Collateral Damage" (3) has paid you, and
Four more secure money-making strategies in turbulent times

Enzio's Clock - Collateral Damage (5): What's official - and what's not - Comments

Collateral Damage (5): What's official - and what's not