| 01.06.09 |
We enter 2009 in an ugly bearish mood given the utter decimation that occurred in 2008 as there was no place to hide. |
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| 12.23.08 |
I believe today's headlines are the result of the complete meltdown that began with the bankruptcy filing of Lehman Brothers |
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| 12.18.08 |
Oil closed last night at $40.15 after trading as low as $39.88, the lowest since July 2004. |
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| 12.17.08 |
Dramatic times calls for dramatic action. |
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| 12.16.08 |
The Federal Open Market Committee (FOMC) meeting ends today. |
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| 12.15.08 |
There is only one word to describe the headlines-horrific. |
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| 12.12.08 |
My initial comments for today might appear meaningless given the events of last night. |
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| 12.09.08 |
Many are stating we have entered the most severe recession since the 43 month depression of 1929-1933. |
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| 12.04.08 |
Stocks rallied on the news mortgage applications surged |
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| 12.03.08 |
Are treasuries the next bubble to burst? |
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| 12.02.08 |
It is official. |
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| 11.26.08 |
As written many times the primary objective of the Federal Reserve is to be the banker's banker |
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| 11.25.08 |
The market rallied sharply on Citigroup bailout II |
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| 11.24.08 |
What a mess. |
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| 11.21.08 |
What can be written about the markets? |
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| 11.20.08 |
What words can we use to describe yesterday's market action? |
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| 11.19.08 |
Approximately six months ago I wrote there was a possibility by December deflation |
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| 11.18.08 |
At some point we will hit bottom. |
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| 11.17.08 |
What is the depth of the recession and how will the markets respond? |
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| 11.10.08 |
Most economists are expecting a long and deep recession, but how long and how deep? |
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| 11.07.08 |
Stocks just experienced the worst two days since 1987. |
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| 11.06.08 |
Stocks fell yesterday as the data reminded all the new administration is facing a probable recession |
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| 11.05.08 |
Wow! I think most will conclude the electorate has loudly spoken. |
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| 11.04.08 |
Today is Election Day. Vote! It is the basic tenant of democracy. |
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| 11.03.08 |
The central banks finally have cracked interbank rates |
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| 10.31.08 |
All are happy to bid October goodbye. It has been an extraordinary difficult month |
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| 10.29.08 |
Stocks staged the second best point gain on record yesterday |
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| 10.28.08 |
Equities staged a late day sell off ending lower between 2.5% and 3.1% |
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| 10.27.08 |
Something is wrong if we think a 3.6% Dow decline as acceptable |
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| 10.24.08 |
It is often written that there are no atheists in foxholes |
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| 10.23.08 |
The S & P 500 closed at the lowest level since April 2003. |
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| 10.22.08 |
The short term credit markets are continuing to thaw |
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| 10.20.08 |
The volatility is incredible. Where are we going? |
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