STOCK
LOSSES EVERYWHERE
Tuesday, January 20th, 2009The first African-American to become U.S. president will take his oath against a backdrop of a deep downturn, a trillion dollar federal deficit and fears of more crippling bank losses. Nothing is changing in terms of the 2009 recession the Obama presidency could not shake Wall Street from its dejection over the banking industry’s growing [...]
The panic on Wall Street of Lehman’s death
Monday, September 15th, 2008September 15, 2008 is the U.S. financial history historic day. That is the truth. Dow Plunges 504 Points on Lehman Bankruptcy, Merrill sold, AIG Woes. A stunning makeover of the Wall Street landscape sent stocks falling precipitously Monday, with the Dow Jones industrials sliding 500 points in their worst point drop since the September 2001 [...]
Five steps for Starter
Wednesday, February 27th, 2008In serious inflation, if we do not invest our money Proactive fiscal investment to let the die salary lives up! We should not have allowed the misery index is soaring! These slogans are often in a number of financial management programs or related financial newspapers in the media everywhere, but investment and easy to say, as to [...]
Annuity Trap
Wednesday, February 20th, 2008The market has bought a pandemic annuity, mostly by insurance companies designed to sell a annuity contract. The contract is purchase from insurance companies and immediately understand the rights and responsibilities of Legal document. Before there was a decision, buyers should carefully examine the size of the contract terms. Best to find an experienced, reliable professionals coming [...]
Fed Cuts Interest Rate Amid Global Stock Sell-Off and Fears of Recession
Tuesday, January 22nd, 2008The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, slashed a key interest rate by three-quarters of a percentage point on Tuesday and indicated further rate cuts were likely. The surprise reduction in the federal funds rate from 4.25 down to 3.5 percent marked the biggest funds rate [...]
Fed’s call for stimulus may be too little, too late
Sunday, January 20th, 2008Markets have entered a panicky freefall, the common precursor to at least a temporary rebound. Mortgages reached 5.75 percent, approaching the 5.25 percent all-time lows of ’02-’04 from which rates vee’d up every time. Of course rates could go lower, even set a new record, but this is a bird-in-hand moment for refinancing. This adventure [...]
Stocks Extend Plunge; Dow Falls 306
Friday, January 18th, 2008Stocks Extend Plunge As Manufacturing Index Falls; Bond Insurers Fall Amid Fears of Losses Wall Street extended its 2008 plunge Thursday, sending the Dow Jones industrials down 306 points and to their lowest level since last March after a regional Federal Reserve report showed a sharp and unexpected decline in manufacturing activity. Downgrades of key [...]