The Economy
« Previous EntriesStocks end the quarter with March madness subsiding
Wednesday, April 9th, 2008Stocks ended the month with little fanfare and a modest loss. As the Ides of March drew near, volatility rose to above average levels before settling down at month end. March was also characterized by the Fed’s notable and history making rescue of Bear Stearns. Bear Stearns’ collapse created new fears that the sub-prime lending debacle might not be over. The major players who bought and sold these complex [...]
Candidates’ views on taxes: class warfare
Tuesday, February 5th, 2008Do you know what the Presidential contenders are saying about taxes?
We have summarized some of the information on their positions. While this is by no means comprehensive, it is a side by side comparison of the candidates’ basic views. The Candidates and Taxes
Regardless of who gets elected, the inherited economy for the next President will challenge even the brightest mortals [...]
No January effect: U.S. equities sell-off
Friday, February 1st, 2008The January effect is when stocks begin the year with a rally. Sadly, there was no January effect for 2008. The U.S. equity markets started the year with a 10% sell-off through mid month. Things were looking bleak for investors as the economic reports were gloomy: GDP’s paltry 0.6% growth rate, weak retail results, and soft employment data.
With recession looking [...]
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 [...]
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