predictions

He’s calling it now. Read more »

Dennis Gartman, publisher of the widely-read Gartman Letter, is predicting that Mitt Romney will win the presidential election, according his latest newsletter. Not only does Gartman think that Romney has a chance of winning the election, but he believes he can win “quite handily.” [...] Still, Gartman points out that he could be “terribly wrong” with his prediction. [Clusterstock, related]

  • 09 Oct 2012 at 4:46 PM

Bonus Watch ’12: Now With Less Cash

According to “revenue compensation trends,” though good vibes and happy thoughts could prove them wrong. Read more »

  • 19 Sep 2012 at 4:22 PM

Layoffs Watch ’12: Everyone

According to Meredith Whitney, banks will be cutting another 100,000 employees in the near to very near future. [Bloomberg]

Facebook will lose dominance as a major web company in less than a decade, Eric Jackson, founder of Ironfire Capital said Monday on CNBC’s Squawk on the Street. “In five to eight years they are going to disappear in the way that Yahoo has disappeared,” Jackson said. “Yahoo is still making money, it’s still profitable, still has 13,000 employees working for it, but it’s 10 percent of the value that it was at the height of 2000. For all intents and purposes, it’s disappeared.” [CNBC]

“I think we could have a global recession either in Q4 or early 2013.” When asked what were the odds, Faber replied, “100%.” [CNBC]

CNBC: You’re very optimistic about the future not only of this country but also of the stock market. If you have a list of worries, what’s at the top of that list? Buffett: Nuclear, chemical, and biological attacks. Whether by government or some rogue group. That will happen some day in our future and it will be anything from a large tragedy to an unbelievable tragedy. [Video]