Tuesday, 19 May 2009

Here is your Crux PM update: 

Marc Faber: “The U.S. gov’t for sure will go bust”
The end of capitalism will bankrupt the U.S.

600 small banks fail stress test
"They are in just much worse shape."

Billionaire Paulson calls bottom in housing market
Starting a new fund to buy real estate.



Trading opportunity: Short oil in September
25 years of history can't be wrong.

Credit card giant axes 4,000
AmEx starts the second round...

Atlas shrugging in New York City
Paychex founder will save $13,800 a day in income taxes by moving away.

Regards,

The Daily Crux
www.thedailycrux.com