As 2009 arrived, the second year of the recession, everyone should be careful how the situation change in order to protect yourself whether you play stock market or not. For doing that, you have to properly monitor the market. A lot of uncertainties laid ahead, I can’t predict the short-term movements of the stock [...]
$700B bailout isn’t even enough to stablize the financial sector now Treasury wants to fund outside of financial sector as well, this is just getting worse, situation is already out of control, this news will definitely send DOW to hell today.
TREASURY TO OFFER FURTHER FUNDS TO BANKS, CONSIDER CAPITALIZATIONS OUTSIDE FINANCE SECTOR
WASHINGTON (MarketWatch) — [...]
The funny thing about this is, by kicking out all the companies I recommended they kick out a year ago (AIG, GM, F, C, BAC) AFTER they drop to near zero, they keep the Dow vulnerable to further losses. It becomes a rotating equity flushing vortex.
Also more layoffs coming on the way…
Automaker failure could [...]
In the boom, something like 30-40% were 2nd homes. Vacation homes, rentals bought for speculation or just homes to flip where a person bought 1, 2, or 3 homes in new subdivisions where people were lined up to buy and or the builder just built too many homes. In in Az. the end of the [...]
“When” housing tanks? Or did you mean bottom out?
Most jobs in housing, real estate, construction have already been hit very hard.Just ask that ex realtor bagging groceries.Next to be hit hard is retail and other sectors.
How deep will house price drop? You may want to think of it as three times net income [...]
“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”
Hmm… that really inspires confidence, doesn’t it?
At any rate, is there any doubt that we are well on our way to 5 Trillion dollars plus of taxpayer money being thrown at this [...]
BOSTON (MarketWatch) — Standard & Poor’s Chief Investment Strategist Sam Stovall
in a research note Friday said he sees the S&P 500 Index bottoming at 700. The
blue-chip index was off 3% on Friday to about 880 in recent action. “The equity
markets are selling with abandon, worried that a global slowdown will turn into a
worldwide recession or [...]
Adequate housing and health care are not essential for a functioning society. They are the result of a successfully functioning society. You can’t provide health care for all the people if only a few are productive enough to pay for it. You can’t have adequate housing for the same reason.
Only when a society has provided [...]
Oct. 17: Millions of Americans don’t fall into the regular categories of race provided on paperwork. NBC’s Vivek Kemp is half-Indian and half-Caucasian. In this video diary, he talks about his experiences growing up in a multicultural family.
updated 7:23 p.m. ET, Mon., Oct. 13, 2008
An out-of-work money manager in California loses a fortune and [...]
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