The Archives
October 2008
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Market Volatility
10.27.08 | Permalink | Financial CommentaryMarket Volatility:
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I have written about this before, but the market has taken this to a new extreme. There is really no excuse to have swings of 1,000 points in intraday trading. It is apparent that many people are either profit taking every time there is an upswing or removing large sums of money [...]
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Fed Rate Cut
10.08.08 | Permalink | Financial CommentaryToday should be an interesting one on Wall Street. I am anxious to know how the market will react to the recent Fed rate cut. Normally we see a rate cut stimulating the economy as demand for loans increases to spur economic activity. Except wait a minute, The banks aren’t making loans at any rate. [...]
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Simply Remarkable
10.08.08 | Permalink | Financial CommentaryRate cut of half a point, 700 billion dollar bailout. Can we print any more money? Not only is my net worth eroding before my eyes as the market sends blood into the streets, but what cash I do have is becoming worthless as cash is being printed as fast as the mint [...]
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