September 2009

Honestly, I don't know what to think. While today we pulled back, Dow 10,000 seems like a fait-accompli, a done deal. Market sentiment and momentum appears to be favoring hitting that milestone... it's what happens AFTER it touches that psychological level that really matters. Let me assure you, we WILL hit Dow 10k again. But will it last? David Tice, the longtime Prudent Bear and now Chief ... read more

Howard Lutnick, Chairman and CEO of Cantor Fitzgerald is one of the smartest guys on Wall Street and in business. He was my exclusive guest today on "Countdown to the Closing Bell" to talk about banks, our financial systems and the best investment environment as we look to the future. Please take a moment to hear one of the true pros on the street. --Liz read more

I deal with business people every day. Most are big-time capitalists who believe in the almighty dollar: make it at just about any cost, short of committing a crime. (the jury is still out on some financial institutions regarding  THAT one...) And in the rough-and-tumble, down-for-the-count world of real estate right now, brokers are slashing prices left and right, trying to fill vacancies any ... read more

It's September of 2009 and business at the 99 Cents Only Stores is good enough to inspire a doubling of the company's stock over the past year. Eric Schiffer is the CEO and let me tell you, this is the kind of guy you either want to work for, or want working FOR you.  We brought him on my 3pmET show, Countdown to the Closing Bell to talk about how a discount store chain like his has been ... read more

Look, there's no way around it. Macy's, like many department stores, has sales that are way down year over year. But Chairman and CEO Terry Lundgren told me today on Countdown to the Closing Bell that he definitely feels like the worst is over and that consumers are coming back, albeit slowly. Here's what I didn't know before that I learned from him today: --The very first thing he looks at ... read more