Archive for January, 2008
What are the experts saying?
Wednesday, January 23rd, 2008We do a lot of reading and listening about the markets and about the economy. There is clearly no shortage of opinions. We thought it might be fun to pull some together. Take a peek at who thinks what about the state of the U.S. economy.
What the Experts are Saying
Thoughts on the Fed’s rate cut - amount not seen since 1984
Tuesday, January 22nd, 2008The Fed has cut interest rates in a dramatic fashion to head off a recession. Over the weekend, foreign markets dropped dramatically in a reaction to Bush’s proposed plan to boost the sagging economy. This set the stage for a major selloff today in the US markets. And in steps the Fed, prior to the market opening this morning, and cuts [...]
2007 Market Review and Outlook
Wednesday, January 16th, 2008Surprisingly, 2007 ended as an “up” year for stocks. Somehow, it didn’t feel so great. Volatility certainly rose significantly as the sub-prime issues surfaced and some of the most revered financial institutions took some substantial hits to the bottom line. 2008 is poised to be a pivotal year as the economy teeters between recession and [...]