Keith Fitz-Gerald on Samsung, IBM and Why Businesses Won't Borrow

Money Morning Chief Investment Strategist Keith Fitz-Gerald joined FOX News' Neil Cavuto for a "Biz Blitz" segment April 26. On tap were these three hot issues of the moment:

  • Issue #1: Samsung profit is soaring, while tech king Apple is on the decline. Is this because of buzz Samsung is creating for its phones, or are we witnessing a major consumer shift for the hottest tech products? Does Samsung have a shot at winning over Apple lovers?
  • Issue #2: IBM CEO in an internal company video tells employees after a weak earnings report to get their act together – or get out. Is this too harsh, or a necessary tactic to turn the company around? Can it work?
  • Issue #3: Outstanding loans by the biggest banks to U.S. companies fell 9% in the first two weeks of April compared to the end of March. What's behind the decline – and what does it tell us about the U.S. economy in 2013?

To get the answers from Fitz-Gerald and fellow guest Dave Maney, watch the full interview below.

Join the conversation. Click here to jump to comments…

  1. Dylan Hardy Marr | May 7, 2013

    Fitz-Gerald my name is Dylan Hardy Marr I am currently living in my vehicle me and my dog "slick". I have a wonderful family and am seriously concerned with my family's future well being due to this world of misconception. I have not built a past of acceptance due to my urge to wonder and learn how to carry my loved ones. I have been on top of money maps and many other types of discussions. I have no pull I have no one that understands what I know and what my goals are. Through my life I have been considered crazy. Not like bad crazy, but too good crazy. I am not crazyy I am self made I take no advice or handouts unless I believe inside myself I am making the correct decision. With that said. Loved ones and friend "stuck" in their own truly manipulated version of life. We are well off but all due to years of hard work and sticking together please email me info of who I should contact for mentoring I am working as a restoration man inside Ross clothing stores my first pay check will go to your annual subscription my next will be my very first investment. Please help me to ensure its the right on cause money is right now, inevitable who a person is but to the many many people I care about and look after its all there is. My own father has only ever given me money not his time. Please help me to prove to my father that funds is not what makes happiness..

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK