Category Archives: Mutual Funds

Shock And Awe

October 25, 2008 – 8:04 am

Former Federal Reserve Bank Chairman, Alan Greenspan in his testimony before Congress this past Thursday said: “Those of us who have looked to the self-interest of lending institutions to protect shareholder’s equity — myself especially — are in a state of shocked disbelief…” Age must be a truth serum, because here Greenspan exposes the [...]

By Saabir | Also posted in Bonds, Business, Commodities, Dow Jones, Economics, Economy, Finance, Futures, NASDAQ, Options, S&P 500, Stocks, Wall Street | Tagged , , , , , , , , , , , | Comments (0)

Oil Is Down, But Other Prices Are Stable

October 20, 2008 – 3:00 pm

We’ve all seen the price of a barrel of oil plummet over the last few weeks to half of what is was in the summer, now $70-$75. While gas prices at the pump have gone down by a lot too, roughly 29% since July, that’s still not half (-50%) to match the decline in a [...]

By Saabir | Also posted in Business, Commodities, Dow Jones, Economic Development, Economy, Finance, Futures, Inner-City, NASDAQ, Politics, Rural, S&P 500, Stocks, Wall Street, energy | Tagged , , , , , , , , , , , , | Comments (0)

Wall Street Tumbles After Bailout

October 7, 2008 – 10:37 am

Sure – one can say that it would’ve been worse had we not voted for a bailout. I say – bullsh*t. We’ve basically spent a tenth of our national debt (including AIG and Fannie Mae/Freddie Mac) for nothing. The stupid part about all of this sh*t is that lawmakers have been saying that [...]

By Saabir | Also posted in Business, Commodities, Dow Jones, Economic Development, Economy, Finance, NASDAQ, S&P 500, Stocks, Wall Street, energy | Tagged , , , , , , , , , , | Comments (0)

401K Apocalypse?

October 6, 2008 – 11:12 am

I just read an article that says the financial turmoil has wreaked havoc on workers’ 401K plans. I say…”tough.” First of all, my plan has fluctuated +/-1% each day over the last few days, and would have probably been up if my own company stock was performing better over the last year. I [...]

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The ‘Joke’s On Us

September 26, 2008 – 10:52 am

This is very telling of how many of us see the proposed bailout of Wall Street…and it happens to be funny to. Check out the usage of President George Bush in the scene.

By Kenyatta Blue | Also posted in Bonds, Dow Jones, Economy, Finance, Futures, NASDAQ, Options, S&P 500, Stocks, Wall Street | Tagged , , , , , | Comments (0)