Tag Archives: Banking

Merrill Lynch Pigs About Mortgages

Merrill Lynch, as a revered investment bank, don’t know what the f*ck they are doing with mortgages, yet they go around advising clients and selling mortgage based securities. What chance do retail investors have when their trusted adviser is flying … Continue reading

3 Comments

Filed under Banking, Business, Stocks

Investors Uncertain As Bailout Plan Stalled In Midtrack

Since Monday, the “Paulson Plan” has been thrust into intense debates at Senate hearings as Democrats and Republicans unite in their dislike of this mind-numbing $700 billion bailout of the nation’s financial system. I find such actions amusing, if not … Continue reading

1 Comment

Filed under Banking, Economy, Stocks

Stock Market Bolstered By Bailouts

In the past week, we have venerable investment banks Lehman Brothers folding and Merrill Lynch merging with Bank of America, leaving Goldman Sachs and Morgan Stanley as the remaining bastions of independents on Wall Street. Next, the Federal Reserve announced … Continue reading

4 Comments

Filed under Banking, Business, Economy, Stocks

Plunge In Oil Prices Claims Another Major Casualty

The US dollar, inspired largely by plunging oil prices and growing pessimism over the economic health of the EU and the U.K, is going gangbusters of late. It traded at $1.4455 Wednesday, a seven-month high against the euro. On the other … Continue reading

More on this topic (What's this?)
Has Oil Broken Down?
Oil and Energy Stock Correlation
Oil vs Natural Gas
Read more on Oil at Wikinvest

Leave a Comment

Filed under Banking, Currency, Economy, Hedge Funds, Oil, Stocks

Dow Jones Rally By 331 points

The stock market desperately needs a stimulus and what better than to see Dow Jones rallying by 331 points, reversing 3 consecutive loss sessions. Continue reading

More on this topic (What's this?)
Bears Awaken From Their Worst Nightmare
That Was Ugly
New Lows For the Dow
Read more on Dow Jones Industrial Average (DJI) at Wikinvest

1 Comment

Filed under Alternative Energy, Banking, Economy, Inflation, Oil, Stocks

The Good Old Days Of Alan Greenspan

Don’t you just miss the “good old days” of former Federal Chief, Alan Greenspan? Look at how Bernanke is struggling to prop the economy and handle inflation. Continue reading

2 Comments

Filed under Banking, Economy, Inflation

Stock Markets Bearish Despite Tumbling Oil Prices

Regional markets performed strongly as well. But don’t get all excited just yet. A recovery depends very much on what surprises Wall Street have in store for us. Continue reading

Leave a Comment

Filed under Banking, Currency, Economy, Inflation, Oil, Stocks

Inexorable Slide In Stock Market

No surprise for the red ink given that Dow Jones tumbled 358 points to close at 11,453.42 (its lowest finish since Sept. 11, 2006) due to record high oil prices. Continue reading

2 Comments

Filed under Banking, Currency, Economy, Inflation, Oil, Stocks