According to the article, expect to see a recession similar to those in the 1970s and early 1980s.
Some of the reasons given include more government safety nets, bank deposit insurance, global...
I've wondering how the performance of the Dow in 2008 compares to the drop during the Great Depression. To find out, I graphed both and set them side by side. The results are interesting...
Starbucks is starting to sell more coffee. Companies are once again finding buyers for their short-term debt. Money is beginning to flow back into emerging markets.
Maybe this is not the second...
In the past year, the market's fall has at times rivaled that of 1929. Are there connections or similarities between those earlier national traumas and our current crisis?
There is no surprise that the market had its biggest one-day gain in 75 years after its biggest one-week loss in history. Today may feel good, but we have seen this all before.
Nouriel Roubini, an economist who predicted the credit crisis said in a speech yesterday that the world is teetering on the brink of a financial meltdown. He offered several steps that he think...
Times have been tough recently but not so tough. Let's be thankful that we are in 2008 and not 1933 when there was 25% unemployment and the world was on the brink of a world war.
Below are some...
Bermard Connolly, global strategist at Banque AIG in London and one of the most bearish market analysts says the US Government may be forced to prop up assets if monetary policy fails to produce...
Article provides some similarities between the government's response of the economic problems in 1929 vs. today. These included:
"promise from Congress to offer bipartisan support for a tax-cut...
The first stage is denial.
Anger is the second stage.
The third stage is bargaining.
Stage four is depression.
Finally, stage five, acceptance...
- cont. -
The stock market frenzy of recent has been a thing to behold. Something fundamental has happened – actually crept up on us – that has turned the traditional herd behavior so characteristic of...
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