Category Archives: S&P 500

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, Mutual Funds, NASDAQ, Options, 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, Mutual Funds, NASDAQ, Politics, Rural, Stocks, Wall Street, energy | Tagged , , , , , , , , , , , , | Comments (0)

Shrinking ‘Play Dough’

October 13, 2008 – 2:28 pm

When we say everything has or will be affected, we mean everything. Yesterday morning, I watched an intriguing segment on ESPN’s Outside The Lines, which examined the impact on the failing economy on the sports – and the prognosis is not good. Sports and entertainment have long been seen as industries that seem not [...]

By Kenyatta Blue | Also posted in Business, Economic Development, Economy, Finance, Media, NASDAQ, New Media, Urban Development, Urban Marketing, Wall Street | 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, Mutual Funds, NASDAQ, 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 [...]

By Saabir | Also posted in Bonds, Commodities, Dow Jones, Economic Development, Economy, Finance, Futures, Hip-Hop Business, Mutual Funds, NASDAQ, Options, Stocks, Urban Development, Wall Street, energy | Tagged , , , , , , , , , | Comments (0)