After the US government put out a forest fire with the takeover of Freddie Mac and Fannie Mae last week, Wall Street’s troubles were far from over. As they say, when you see a rat in the house, you can bet there are hundred more rats lurking in the dark corners. Slowly but surely, they […]

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Uncontrolled Risk
ARE WE HEADED FOR ANOTHER LEHMAN?
Read more on Lehman Brothers at Wikinvest

This is the car - 2010 Chevrolet Camaro, which General Motors is unveiling as part of its revamp to capture an increasing segment of car buyers who favor fuel-efficient models. No more gas guzzling SUVs and trucks.
General Motors expects the 2010 Camaro V6 versions to be one of the biggest sellers as they can yield […]

Stock market actions on Wednesday were pretty much a repeat of what we have seen in the past few weeks. ST Index continued its descent to lower lows of around 2930 in the morning, the major culprit being a Dow Jones drop of 32.49 points to 11809.87 yesterday.
Fortunately, the situation improved after lunch break and […]

Bull vs Bear battle rages on in the Singapore stock exchange. The Straits Times Index increased by a mere 9.09 points to 3143.89. Trading volume was weak at 1002.7 million. Gainers/Losers stood at 234/268.
To me, such a market performance is poor especially when we consider a multitude of positive news for the US economy. […]