Archive for the ‘Market Commentary’ Category
Tuesday, March 4th, 2008
If you were worried that the mortgage crisis was coming to an end, fear not. Fed Chairman Ben Bernanke is embracing for a long one. Bernanke spoke to a group of mortgage industry professionals in Orlando, Florida. He urged them to do more to prevent a larger ...
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Tuesday, January 29th, 2008
The House hustled and approved the economic stimulus plan that promises to put tax rebates of $600 to $1,200 into people hand's within months. It was a bipartisan show of speedy dealmaking, as politicians attempt to avert a recession during an election year.
The plan was approved by an overwhelming ...
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Monday, January 28th, 2008
Investor love rate cuts. Investors love rate cuts. Sorry, that was my attempt at insight into the minds of the Federal Reserve and investors. The Fed has continued to cut rates, and investors have continued to support the idea by continued purchase of equities.
"Anticipation ...
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Thursday, January 24th, 2008
The idea is simple: if you cut taxes, you put more money in the hands of Americans. With that money in their hot little hands, they do what the do best: spend! That is the latest idea being debated by politicians to stop the U.S economy from dumping ...
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Wednesday, January 23rd, 2008
Gloomy investors are keeping stocks down, and more professionals are now fearing a bear market.
"You continue to see a handful of buyers come in, but they're quickly overwhelmed by the sellers," said Todd Salamone, vice president of research at Schaeffer's Investment Research in Cincinnati.
In early afternoon trading, the ...
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Wednesday, January 23rd, 2008
The market opened up and the Dow Jones sank 200 points. This move is not completely unexpected, as signs of good news have been hard to find. Apparently the large, unexpected rate cut of Yesterday did little to assuage feelings of gloom. Disappointing earnings from the likes ...
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Tuesday, January 22nd, 2008
At times it looked like Wall Street would have the worst day in years, but it ended up only being a bad day. With the Fed cutting interest rates by 75 basis points, and the general pessimistic news in the global equities markets, things could have been much worse.
The ...
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Tuesday, January 22nd, 2008
It's the biggest rate cut ever in the nonstop "cut the rates and save the economy" show that's been going on at the Federal Reserve. Fearing a global sell off of stocks, the Fed dug deep and came up with the largest interest rate decrease in recent memory.
Is Bernanke ...
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Monday, January 21st, 2008
It's not hard to see what an impact the U.S. economy has on the rest of world. If people are expecting a recession in the United States, it could mean a slowdown in most other markets of the world. The Asian and European stock markets have tanked on ...
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Friday, January 18th, 2008
What goes down must go up, or something like that. After a massive drop on Wall Street yesterday, stocks are poised to recover a bit today, based on optimistic outlooks from companies like GE.
Federal Reserve monetary policymakers meet Jan. 29-30, and the market widely expects them to lower the ...
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