It's Official - This is Now the Worst Market Crash on Record
Submitted by JRodgers (bestcashcow.com)
At one point today, the Dow traded less than half of its value of May 2, 2008.
Compare the best CD rates, the best money market rates, the best savings rates, mortgage rates, home equity rates, auto loan rates and more - as well as find financial information that can help you make better decisions with your money.
Investing, Stocks, Income, Dividends, Value, Buffett, Passive, Economy, Dividend, Retirements, Retirement, Bank, Money, Recession, Stock, Stock market, Banks, Market, Personal finance, Investment, Inflation, Credit, Checking, Savings, Bonuses.
Related Tags: Recession, Financial crisis, Banks, Economy, Paul farrell, Stock market, House, Treasury, Depression, Stock market crashes, Regulations, Congress, Economic crisis, Monetary policy, Housing bubble, 8 repeat, Islamic extremists, Money market funds, Capitalism, Bailout, Senate, Federal reserve, Bubbles, Stock market crash, Fiscal policy.
Without better regulation, we'll see a financial catastrophe far worse than the one that started a year ago with the collapse of Lehman Brothers.
With a modicum of hindsight now available, do governments and central banks deserve credit for preventing catastrophe? The early verdict from most scholars, executives and government insiders is...
Insightful article by two economists who compare the bursting of this housing bubble with the dot-com collapse and the Great Depression
At one point today, the Dow traded less than half of its value of May 2, 2008.
The current scenario is becoming one that would have been unimaginable to many even as recently as October. In so many ways, it is much worse than the Great Depression.
The past week wasn't too bad on the stock market, as we got a short-covering rally on Friday. But, the news flow isn't just bad, it is terrible.
Marketwatch writer Paul Farrell brings up some interesting points but I find things are never as bad as they seem, or as good. I also look at articles like this as a marker to a bottom in the...
This front page Business Section article is chilling. Everything happening now is mirroring what happened in the Great Depresssion -- except it is happening at warp speed -- in days and weeks...
One man's stimulating, yet depressing, observation about the state of the economy. Those who have followed by writing on this site know that I was very cautious about global markets through 2007...
Our Congress has cut off their nose to spite their faces, and now a depression is imminent.
| Page 1 of 1 |
|
Type
|
Top APY/Rate
|
Institution
|
|
2.51%
|
Everbank
|
|
|
0.38%
|
W&R Advisors
|
|
|
1.65%
|
TotalBank
|
|
|
1.65%
|
The Jacksonville Bank
|
|
|
2.25%
|
Academy Bank / The Jacksonville Bank
|
|
|
2.25%
|
Security Savings Bank
|
|
|
2.60%
|
The Jacksonville Bank
|
|
|
3.00%
|
Flagstar Bank / Hudson City Bank
|
|
3.25% |
FlagStar Bank / Hudson City Bank |
|
|
3.50%
|
Acacia Bank
|
|
|
3.36%
|
US Treasury
|
|
4.51% |
Bank of the Sierra |
|
|
1.64%
|
Northrop Grumman CU
|
|
|
2.30%
|
Alliant CU
|
|
|
2.55%
|
Alliant CU
|
|
|
3.00%
|
Alliant CU
|
|
|
0.09%
|
Various brokerages
|
|
|
0.14%
|
Various brokerages
|
|
|
0.91%
|
Various brokerages
|
|
|
2.35%
|
Various brokerages
|
|
|
3.47%
|
Various brokerages
|
See more product and rate information