Treasury Secretary Paulson says worst of credit crunch is behind us. Your thoughts?
Just talking his book. |
25% |
He's right. |
13% |
Like the rest of us, he has no idea. |
63% |
Stocks are at recent highs, jobs report looks so-so, and factory orders rise ... Are we out of the credit tsunami?
The worst is behind us. |
33% |
Nope, it's just a temporary reprieve. |
56% |
We'll tell you in another year. |
11% |
Your thoughts on the Mars/Berkshire buy of Wrigley?
They paid way too much. |
22% |
Why question Buffett - should be boost to M&A. |
56% |
Mmmm, chocolate. |
22% |
WEEKEND POLL: Does Friday's reading on consumer confidence -- the lowest in more than 25 years -- alter your outlook for the economy?
Of course, how could it not? |
33% |
Nope, what we say and what we do are two different things. |
67% |
Who cares, it's NFL draft weekend. |
0% |
Do BofA's 1Q results improve your outlook on the credit crisis and the overall state of the economy?
Yes |
33% |
No |
67% |
WEEKEND POLL: Are you attending the papal mass at Yankee Stadium?
Yes |
20% |
No |
80% |
How do GE's first-quarter numbers change your outlook on the economy?
Recession debate is over - it's here. |
64% |
GE's huge, but just one company. |
18% |
Why didn't they preannounce? |
18% |
How concerned are you by the increase in Goldman's level 3 assets?
Big time. |
50% |
No surprise. |
50% |
WEEKEND POLL: Who will win the NCAA Tourney?
Memphis |
50% |
Kansas |
0% |
North Carolina |
50% |
UCLA |
0% |
Your thoughts on Paulson proposal?
Where was it a year ago? |
17% |
At the end of the day, nothing will really change. |
67% |
Finally, thoughtful regulation. |
17% |
It's all Bush's fault. |
0% |
Will JPMorgan's raised bid be enough to get the Bear Stearns deal done?
They're closer, but not there yet. |
11% |
It's enough to seal the deal. |
44% |
Another bidder will emerge. |
11% |
Who cares, the stock market is back?! |
33% |
Will another bidder for Bear Stearns emerge?
Yes |
60% |
No |
40% |
Your thoughts on the JPMorgan/Bear deal?
Friday's news had me thinking they were toast. |
11% |
I knew someone would buy them. |
0% |
It's quite a bargain for JPMorgan. |
67% |
Bear shareholders have a right to be angry. |
22% |
What's the likely fate of Bear Stearns?
They're toast. |
50% |
Someone will buy them. |
50% |
Time will heal their wounds. |
0% |
Your thoughts on Spitzer?
Couldn't have happened to a nicer guy. |
30% |
Too bad, he did some good things. |
20% |
Only concern is for his family. |
50% |
Shouldn't we wait to see (and hear) all of the evidence? |
0% |
What did you think of last week's Congressional hearings on executive pay?
The whole thing was an unnecessary media circus. |
100% |
Congress performed a true public service. |
0% |
I didn't follow them. |
0% |
At the moment, what should be the primary focus of the Federal Reserve?
Anything to get the economy going again. |
57% |
Combating the growing signs of inflation. |
43% |
Does Electronic Arts' unsolicited bid for Take-Two Interactive improve your 2008 M&A outlook?
Of course. Microsoft's bid for Yahoo! is spawning more activity. |
33% |
Don't be premature. One bid isn't something to get excited about. |
50% |
I'm not sure. |
17% |
The bulge-bracket banks report their earnings soon. How will they look?
Brutal, just look at UBS' numbers. |
50% |
Not great, but better than the previous quarter. |
36% |
Surprisingly good. |
14% |
How do you feel about the rating agencies reviewing their procedures for rating structured finance products?
Way too little, way too late |
38% |
Give them credit for trying, but it won't help much |
50% |
It should restore confidence |
13% |
Will Microsoft's overture for Yahoo! help rejuvinate the overall M&A market?
Yes |
60% |
No |
40% |
Will you take off from work Tuesday to go to the Giants parade?
Yes |
0% |
No |
100% |
The Dow is up nearly 1,000 points from its low last Tuesday, when the Fed unexpectedly cut rates. Did Bernanke and crew actually get it right?
Yep, they acted decisively when they had to. |
17% |
Nope, it's this kind of short-term thinking that gets us into these jams. |
67% |
Stocks go up, stocks go down. |
17% |
Did the Fed make a mistake by cutting rates by three quarters of a percent a week before the regularly scheduled FOMC meeting?
Yep, it smells of panic. |
55% |
No, they had to. Things are heading south too quickly. |
45% |
After seeing Citi's 4Q results, are you more likely to believe the US is in a recession?
Yes |
82% |
No |
18% |
Is Alan Schwartz the right person to turn Bear Stearns around?
Absolutely, they needed a banker in that role. |
25% |
Nope, he's just another insider. |
75% |
The stock market is off to a rough start this year. Will we see a sharp decline in the stock market in 2008?
Yes |
33% |
No |
67% |
How concerned are you by the soft sales posted by many retailers this holiday season?
Very - looks like the consumer is tapped out |
42% |
Relax, shoppers aren't dead yet |
58% |
Do the fourth-quarter results from Lehman ease your concerns about the coming earnings season for the big banks?
No |
75% |
Yes |
25% |
Is the government's plan to freeze rates on some adjustable rate mortgages a good one?
No |
71% |
Yes |
29% |