Word: analysts
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...Nevertheless, analysts are cautious about calling a definite end to the industry's long dry spell. "April is typically a slower sales month than March, and we're already getting signals that some automakers will extend their incentives," notes Edmunds analyst Jessica Caldwell. Moreover, despite the big gains reported by many automakers for March, the seasonally adjusted rate of auto sales came in at about 12 million units, a bit less than the more-optimistic forecasts. (See GM's great hopes...
...really come out strong," says analyst Richard Bove, who covers banks at Rochdale Securities. I was not a fan at first, but I have become...
...Moynihan seems to have a deep understanding of the numbers that are key to each one of his bank's divisions," says analyst Bove. "He is really extraordinarily impressive...
Running for Congress is a gamble with much higher stakes. Sarangani might be a small district, but political analyst de Vera estimates Pacquiao will have to spend up to $2 million "to stand a chance of winning." That's nothing by the standards of U.S. elections, but a fortune in a rural backwater with only about 270,000 registered voters. Eric Pineda, one of the boxer's bewildering array of advisers, calls $2 million a "paltry" sum. Another adviser, Jeng Gacal, says "the sky's the limit" when it comes to election spending...
Alex Barron, founder and senior research analyst at Housing Research Center LLC, is more bearish. He says this latest program of foreclosure prevention is just another way to delay rather than solve the problem. "My head is spinning," says Barron. "They keep exacerbating the problem. All this government interference is simply prolonging the inevitable." Barron says the housing market needs to correct on its own at this stage - "and the sooner it's allowed to do so, the sooner we can get on to a real recovery...