Articles

The Fed is beginning the first meeting of 2009 and of the Obama Administration with absolutely no flexibility in setting the Fed Funds rate or articulating Federal Reserve policy.

Industry analysts estimate that the nation's banks are holding at least $2 trillion in troubled assets mostly residential and commercial mortgages. According to many, this has choked the entire financial system and caused a tie-up of the system. He finally has formalized his plans to fix the problem.

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.

Has rate chasing lost its allure?

Merrill, UBS and Citibank have all now agreed to repurchase outstanding auction rate securities at par over the next several months.

Goldman Sachs announced it apparently weighing opening an internet bank, according to the Wall Street Journal.

IndyMac has fantastic customer service, and my experience with them shows that it is well worthwhile to open CDs in this low interest rate environment.

The Iphone frenzy has passed, thankfully and finally. What does this device really mean for the wireless industry looking forward?

Investors need to ignore the frenzied noise from commentators about where stocks traded seven years ago.

Nokia could easily have been Apple and Research in Motion in one. Instead, they choose to be neither.

Here are some simple lessons that investors in technology stocks have learned over the last 5 years. I believe that these lessons are so obvious and I am surprised that I just don't see them spelled out clearly so I am doing it here. Now, I don't know if the cycle is reaching its end, but I am sticking to these principles.

I find agency bonds particularly attractive here.

Much has been made of the SocGen blow-up and the trader who overstepped his authority to cause a $7.2 billion loss by betting all of the bank's capital. This is increasingly looking like the story of a 30 year-old low-level trader who just kept raising the ante in order to gain recognition.

It is odd that Apple, RIMM, Nokia, Microsoft etc. are all performing so well this earnings season while the chip-makers that drive these stocks perform so poorly.