Am I the only financial blogger out there who thinks that President Bush’s financial regulation overhaul plan is insane?
Keep in mind that, only about six months or so ago, the President and his yes-men were saying that the economy was in excellent shape and that we shouldn’t be concerned. Now, in just six months time, [...]
Monthly Archives March 2008
Financial Regulation Overhaul
Economic Anxiety
Hmm.. maybe my views in the Consumer Auto Reports post could be incorrect. Could it actually be fear that will keep people from spending?
According to a Gallup Poll released today:
The percentage of Americans saying they worry “a great deal” about the economy has surged by more than 20 points over the past year, moving the [...]
Consumer Auto Reports
Consumer spending is slowing and the auto manufacturers are being hit hard this year. When money gets tight, the big ticket items are the first to get cut from the budget, and a new car is “the” big ticket item. Auto analysts are reporting that the U.S. vehicle market could sink to its lowest level [...]
Due Diligence Example
Here’s an example of why it’s important to conduct your own due diligence and make your own investments decisions:
BEFORE:
AFTER:
It’s your money, manage it wisely.
Rx For A Bipolar Market
The more the uncertainty in the stock market, the higher the volatility. Personally, I believe this recent extreme volatility is derived from hedge fund activity.
Hedge funds control large amounts of money and don’t have the limiting rules of mutual funds. They can move quickly in and out of investments of their choice. But, hedge funds [...]
Where’s The Asset Allocation?
According to today’s Wall Street Journal:
J.P. Morgan Chase & Co.’s deal to buy Bear Stearns for $2 a share wiped out the life savings of many of Bear’s 14,000 employees, who owned one-third of the firm’s shares. Most employees at Bear, known for its loyalty and a strong merit-driven culture, expected to lose their jobs.
Mr. [...]
Eliot Spitzer’s Legacy
I was reading “When Karma Calls” over at PIonline and the found the attitude that some on Wall Street still have towards Eliot Spitzer a little hard to digest.
Instead of holding themselves responsible for their own misdeeds, many on Wall Street still blame Eliot Spitzer for their own, or their associates, demise. What does that [...]