After all this time waiting for the right opportunity to capitalize on a market downturn, it looks like I may not have moved quite fast enough to get back into the stock market. I can’t say that I’m not majorly disappointed in how things transpired.
Who in the world could have predicted such massive and unprecedented [...]
debt crisis
Free Market Failure
Market Meltdown?
After continued months of financial experts, market pundits, and government reassurances that there is nothing wrong with our economy and that there’s nothing to be concerned about in the marketplace, the Treasury Department and the Federal Reserve convened a weekend meeting with major global financial firms and investment banks to come up with a plan [...]
The Bailout Spin
No, it’s not some sort of new dance move.
It’s just a little personal commentary on the government’s historic takeover of now penny stocks Fannie Mae (FNM) and Freddie Mac (FRE).
Just like my previous post about Freddie Mac, again let me turn to an outsider, someone without an interest in the happenings of Wall Street, someone [...]
I.O.U.S.A. the Movie
Wake up, America! We’re on the brink of a financial meltdown.
Got your attention yet?
That’s the outlook for supporters of the soon-to-be released documentary entitled: I.O.U.S.A.: One Nation. Under Stress. In Debt., which centers on the shape and impact of the United States national debt.
As described on their website, this documentary boldly examines the rapidly growing [...]
Weekly Wrap
Considering the performance of the stock market, and the economic news released this week, need I have to describe where things are headed?
Consumer Economic Sentiment
Americans are becoming ever more pessimistic about economic conditions.
The Conference Board Consumer Confidence Index declined to it second lowest level ever in terms of consumers expectations. Watch the video interview of Lynn Franco to get a more enlightening perspective.
According to the Conference Board’s website:
Says Lynn Franco, Director of The Conference Board Consumer Research Center: “The [...]
This Date In History
Today’s events will be historic.
As the current administration and their hired shills continue to promote this taxpayer-funded financial bailout as being “a necessary evil” in order to avoid the (supposedly) worst financial crisis since the Great Depression, the finalized version of this Wall Street bailout bill is up for vote today in Congress. If you’ve [...]