The markets reacted to the recent FOMC statement by Ben Bernanke by dropping 2.5-3% across the board, both nationally and internationally. Source: Cartoons by Harley Schwadron
volatility
SEC Regulatory Reform
Although there’s been plenty of speculation for the cause of last Thursday’s sudden (and significant) market collapse, it doesn’t seem as though anyone can pinpoint an exact reason. It was so unusual for the markets to react in such a way that even the SEC reported that they were going investigate. But, that’s wasn’t good [...]
Weekly Wrap
Phrase of the week – never underestimate the power of greed and fear. These two emotions can cause markets to turn on a dime. Image Source: Gary Varvel Just how quickly can markets turn? For the week, the Dow lost 5.7%, the Nasdaq lost 7.9%, and the S&P 500 lost 6.4%. In just two weeks [...]
Rough Day For Dow Jones
The stock market had one of its most turbulent days in history as the Dow Jones industrials fell to a loss of almost 1,000 points in less than half an hour, possibly caused by preprogrammed computerized trading processes. The Dow fell 998.50 points in its largest point drop ever, eclipsing the 780.87 it lost during [...]
Stock Market May Affect Your Ticker
Although it’s always been jokingly mentioned that market volatility could lead to irritable bowel syndrome, it now seems as though a falling stock market may actually hurt more than just your savings. At least that’s what Duke University pharmacist Mona Fiuzat and cohorts have postulated. According to an Associated Press release, a pilot study presented [...]
I’m Being Water
It’s been a roller coaster stock market this past few months. Just when you think it’s going to zig, it zags, and vice-versa. It takes a lot of intestinal fortitude to be a long-term investor and not to react to these short-term market movements, often times instigated by those seeking to capitalize on our fears [...]