Archive for the ‘stocks’ tag
How to time a recession
We’re almost certainly in a recession, and it is shaping up to be one of the worst in years (certainly the worst in my lifetime). So every economist, money manager, investor, and consumer is now trying to prognosticate what will happen next. When will we have reached the bottom of this recession and begin the [...]
Why The Stock Market Fell
A great, reassuring article for personal investors in what is certainly a troubling time. My two favorite questions/answers below.
First, what happened??
Q. Why did the stock market fall so far so fast on Monday?
A. The element of surprise surely didn’t help, since everyone was expecting the bailout bill to pass. There may have been a bit [...]
Dow Jones Drops 780 Points
We seem to be making history on a daily basis. It’s just not the type of history we’d like to be making.
The New York Times has a synopsis of today’s events:
In a moment of historic import in the Capitol and on Wall Street, the House of Representatives voted on Monday to reject a $700 billion [...]
