Melvin Martinez

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• BofA Responsible For All Of S&P 500 Q2 Earnings Growth

  By Melvin Martinez - June 15, 2012 | Tickers: AAPL, BAC

  (Martinez Report) -- The S&P 500 may be screwed.

  From Business Insider: "Barry Knapp thinks the Fed is out of ammo in an environment of lackluster economic growth and sees the S&P 500 sinking to 1200 sometime this summer. 

  "Many analysts have argued that economic weakness would be bullish because it would encourage the Fed to unleash more stimulus. However, Knapp said that "stocks won't be in a more »

• Obama's Immigration Announcement Just Screwed Everyone

  By Melvin Martinez - June 15, 2012 | Tickers: MS

  On the heels of Obama's afternoon announcement that he would provide amnesty for young illegal immigrants ages 15-30, he's managed to both trick just about everyone into thinking this isn't as bad as it seems - just a new paradigm of political convenience, while still managing to screw even those he's pandering to: the working class people. 
  
  Vincent Reinhart and Morgan Stanley's US Economics team just more »