October 15, 2008 is Blog Action Day - Poverty.
Blog Action Day is an annual nonprofit event that aims to unite the world’s bloggers, podcasters and video-casters, to post about the same issue on the same day. Today’s issue is poverty.
Global issues like poverty are extremely complex. There is no simple, clear answer. By asking thousands [...]
Category Archives: Commentary
Blog for Poverty
High Yield, HighTailed
With all of the flight to quality lately, the phrase “junk bond” doesn’t conjure up any warm and fuzzy feelings. As a matter of fact, it does just the opposite. The junk bond (high yield) sector has been hit hard this past month, and investors have been “hightailing it” in droves.
I watch The Vanguard Group’s, [...]
Stock Market Rebound
Source: Cartoons by Harley Schwadron
The stock market rebounded today with it’s biggest one-day point gain, EVER! All major US indexes and most Europe are up 11% across the board.
Dow’s 936-Point Surge Ends Losing Streak
Rx For A Market Meltdown
How can I have such a positive attitude in light of the current crisis causing the the Dow, S&P 500 and Nasdaq to hit new 5-year lows?
Don’t forget that while I’m only an amateur individual investor, I’m also a professional pill pusher. I’m one of the first to have insight into new drugs, especially drugs [...]
Bullish in a Bear Market
Am I the only one embracing this market meltdown?
As we approach a bottom in this bear market my views will be changing. Instead of predicting doom, gloom, and despair as I had in the past, my financial views will be changing to the bullish point of view. Almost everything that I’ve forecast for the past [...]
Facing Fear Head-On
I don’t have all the answers, and I’m not one for giving individual advice, but if there’s one piece of general advice that I would give every working stiff with a diversified 401k-like plan, it’s this:
If you didn’t foresee this bear market and got out of the stock market near it’s peak, for heaven’s sake, [...]
Stock Market Retrace
Source: Cartoons by Harley Schwadron
The Dow dropped 733.08 points, or 7.9%, to 8577.91 as recession fears and continuing doubts about the world financial system’s prospects shook investors. Wednesday’s decline marked the Dow’s largest percentage drop since October 1987 and the second-biggest point drop EVER!
Economic Fears Reignite Market Slump