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...
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?
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...
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.
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...
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 | Submitted Dec 6, 2007 | Views: 2909 | Comments: 25
Tags: iraq, war
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.
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...
The US budget deficit is expected to grow to $490 billion in 2009 from an estimated $400 billion this year. This huge and growing deficit will put further pressure on interest rates and constrict...
I had long hypothesized that the retirement of the baby boomers would lead to a market decline, as they withdrew money to support themselves. I came across this comprehensive report by the GAO...
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