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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...
The conventional wisdom says that inflation is very bad. It makes everything we buy more expensive and decreases the value of our currency. But there are times when inflation is good for you.
This is a discussion on the future direction of the Federal Funds rate, using the Fed Funds Rate Predictor (produced by the Cleveland Fed as a starter.
We've now had five bank failures in 2008 and I wanted to see how we are doing compared to the real estate downturn in the 1980s and savings and loan crisis it precipitated. The results are...
The House passes the rescue plan or bailout bill today and President Bush swiftly signed it into law. It not only provides up to $700 billion to buy up toxic assets, but temporarily raises the...
Exclusive: Report Shows Vehicles, Machine Guns And More Meant For Iraqi Forces Unaccounted For
Tractor trailers, tank recovery vehicles, crates of machine guns and rocket propelled grenades are...
Article | Dec 6, 2007 | Views: 3860 | Comments: 25
Tags: iraq, war
CNBC sent Bill Griffeth for a facelift over the weekend, then put him on Power Lunch with Michelle Caruso-Cabrera, Melissa Francis and Dennis Kneale. Why?
This is an interesting commentary from Bloomberg on trust preferred securities issued by Citibank, yielding 25%, and Wells Fargo, yielding 12%, that are superior to preferred shares in a...
Over the last couple of weeks it's become clear that we are entering a new period of staglation, that horrible condition of low growth and rising inflation that characterized much of the 70s.
Over the last two weeks, the Fed has set up programs to purchase mortgage backed assets, student loans, credit card loans, and more to help restart lending. But it might not make a difference...
Car seats, those devices that protect our children are at the heart of a scam which robs our wallets and saps our nation's energy independence. Think I'm kidding?
Albert Edwards, strategist for Societe Generale and one of the most astute observers of the global market and economic scene says that the giant global money pump that has been fueling inflation...
Fed Funds Futures are giving a greater than 50% probability the Fed will cut rates to .25% at its December 16th meeting. As we get closer to 0%, our situation starts to look a lot like Japan in...