Currencies Soar as Fed Announces More Stimulus, GDP Not as Bad as Feared

Nov 25, 2008, 9:23 AM

The US is now in a technical recession but that has not stopped the equity and currency market from rallying. The GDP number was not as bad as the market had feared... Read »

More Downward Revisions

Nov 25, 2008, 6:13 AM

The Citibank rescue Monday caused markets around the world to surge, but China was buying none of it. Yesterday the SSE Composite dropped 3.7% and, after a morning... Read »

Raindrops Keep Falling On My Head

Nov 25, 2008, 6:07 AM

Repeat after me: 6.5% rallies only occur in bear markets….6.5% rallies only occur in bear markets…. Yesterday’s equity love-fest was just the latest... Read »

How Much Does it Cost to Create a Job?

Nov 25, 2008, 4:12 AM

Some people are claiming that Obama’s job package will cost $280,000 per job. The actual cost is not trivial, but I don’t think that figure is correct... Read »

Why Contrarians are Itching to Buy Stocks – But Should Not

Nov 24, 2008, 7:32 PM

The last twelve months have been one of the toughest times to be an investor I’ve ever seen. It wasn’t long ago we waded through the panic stricken days when... Read »

Talking Youtube Live

Nov 24, 2008, 4:51 PM

This past Nov 22nd Youtube had its first major live event. A concert featuring HDNet fave Joe Satriani, Katy Perry Will.I.Am and others. Of course everyone involved... Read »

GM Ends Endorsment Deal with Tiger Woods

Nov 24, 2008, 4:32 PM

The cash-strapped General Motors (GM) ended Monday, after five years, its nine-year endorsement deal with golf superstar Tiger Woods as the struggling automaker... Read »

Bill Gates Ups AutoNation Stake to 10%

Nov 24, 2008, 2:35 PM

Bill Gate’s Cascade Investment and the Bill & Melinda Gates Foundation disclosed in a regulator filing of raising their stake in the largest U.S. auto... Read »

The Enterprising Investor’s Guide 11-24-08

Nov 24, 2008, 1:09 PM

The market continued its march downward and, even after a relatively large Friday rally, the S&P 500 still finished down 8.4%. The price-to-peak earnings ratio... Read »

The Great Experiment

Nov 24, 2008, 11:45 AM

Have we seen this movie before? It certainly sounds familiar. Once again, the government steps in to bail out a financial institution and Mr. Market takes kindly... Read »

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