Archive for January 22nd, 2008
« Previous EntriesWhy the Fed can’t save us
Tuesday, January 22nd, 2008Forget all those rational explanations about why foreign stocks markets, especially in Asia, have been melting down for two days. Despite what you’ve read, seen and heard, those declines weren’t caused by fears of what a recession in the U.S. would do to the profits of companies whose stocks trade in places like India, China and Russia.
The Fed is on your side
Tuesday, January 22nd, 2008Wall Street investors didn’t exactly celebrate the Federal Reserve’s emergency rate cut Tuesday, but home owners with expensive lines of credit on their mortgages should jump for joy.
Pearls of wisdom for a jumpy market
Tuesday, January 22nd, 2008What to do now after Tuesday’s roller coaster ride? Buy? Sell? Hold? There’s no universal rule. There can’t be one that applies equally to the recent college grad who has put a chunk of his first paycheck into shares of a dot-com and the retiree living off utility dividend payments. But, we can all learn from some of Wall Street’s great aphorisms.
Pearls of wisdom for a jumpy market
Tuesday, January 22nd, 2008What to do now after Tuesday’s roller coaster ride? Buy? Sell? Hold? There’s no universal rule. There can’t be one that applies equally to the recent college grad who has put a chunk of his first paycheck into shares of a dot-com and the retiree living off utility dividend payments. But, we can all learn from some of Wall Street’s great aphorisms.
Pearls of wisdom for a jumpy market
Tuesday, January 22nd, 2008What to do now after Tuesday’s roller coaster ride? Buy? Sell? Hold? There’s no universal rule. There can’t be one that applies equally to the recent college grad who has put a chunk of his first paycheck into shares of a dot-com and the retiree living off utility dividend payments. But, we can all learn from some of Wall Street’s great aphorisms.