Investing
Inflation Coming?
Yesterday, the FOMC voted unanimously to buy over $1 trillion dollars in U.S. Treasury bills, corporate bonds, mortgages and consumer debt.
Chief economist at Bank of New… Read more
Bernanke Beats the Drum
Fed Chief Ben Bernanke keeps beating the "Recovery in 2009" drum. It seems he’s confident that the measures taken by the Fed, Treasury and Administration will free up the… Read more
Global Markets Up
Finally, early strength for stocks on Tuesday didn’t turn to weakness. In … Read more
Obama the Stock Analyst
As much time as Fed Chief Bernanke spends before Congress, it’s amazing he … Read more
Nationalization = Communism?
It is a strange sight to see the Dow Industrials trading at 6,700. That’s still a level from 1997. And it still indicates that people don’t want to own… Read more
Anecdotal Evidence
Stocks finished lower yesterday after Obama’s speech. The lows were hit early in the day and stocks managed rally to positive territory before finishing slightly in the red.
What to… Read more
LEAPS, Krugman and Microsoft
Seems like every day we dial the clock back another year or two. Friday, stocks closed at levels not seen since 2000. Yesterday, it was 1997. By the end… Read more
Whitney Speaks Again
More depressing forecasts for the big banks from the best big bank analyst out there, Meredith Whitney. You may recall it was Whitney who forecast the dividend cut at… Read more
The New FDR
*****Apparently we’ll hear more about the bank bailout plan over the next couple of days; In the meantime, President Obama will sign his massive tax and spending bill into… Read more