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Shanghai Composite

Mr. Market turned face

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Last Updated on July 9, 2009 by stlplace

Some signs of the stock market is cracking:

1) The leaders such as Google (Nasdaq: GOOG), Apple (Nasdaq: AAPL), Berkshire Hathaway (NYSE: BRK.A, BRK.B) are retreating.

2) CIC is thinking about buying equities again, Renaissance Technologies is one option (last time CIC pulled trigger, it bought Blackstone pre-IPO at top).

3) Goldman Sach is selling. It sold a stake in ICBC recently.

4) Last but not least: US CEOs still pessimistic about economy.

Two leaders in this globe

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video

Ivan Seidenberg with Charlie Rose

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Last Updated on June 23, 2009 by stlplace

Ivan is the Chairman and CEO of Verizon. Verizon (with VodaFone) owns Verizon Wireless (VZ), the No. 2 wireless carrier in the US. VZ operates the nation’s most reliable network. Ian shared his thoughts on communication, wireless industry evolution, and healthcare (a topic in heated debate in the US capital these days).

The link to Charlie Rose interview here.