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Bears Maintain Dominance at The Market Close
The markets started off low and began slowing paring its losses and working its way up, only to get beaten back down with increased selling during the last 20 minutes of the day before the market closed. This marks an i… -
(Irrational Exuberance)^3
Stocks continued to surge upward today with the NASDAQ making a new multi year high and the DOW making another all time high today. Hmmmm, aren't these problems still around 1) Deflating housing bubble? 2) Uncertainty … -
Cause and Effect
So the Fed lowered the Federal Funds Rate by 1/2 % on Tuesday and the Discount Rate (what they charge banks) by 1/2 % as well a few weeks back. In my opinion, the Fed's role should be to manage the overall economy, and …
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