Monthly Archives: October 2007

US Treasury Secretary Seriously Messes Up Blaming Friday’s mini crash on the 20th anniversary of the 1987 stock market collapse and a few earnings misses is not even close to being on target. The blame for Friday’s collapse can be … Continue reading →

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Tarzan Meets Bambi Fox Business Channel, in its long-awaited debut, launched its new post-trading show called Happy Hour. For those who missed the show, it is set in a New York bar and hosted by Cody Willard, a Wall Street … Continue reading →

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Saving The Economy or Saving Their Ass? US banks are going to set up an $80 billion fund to limit the credit crunch, Reuters reports. The fund will buy ailing mortgage securities and other assets in a bid to prevent … Continue reading →

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Negative Sentiment of the Dollar Continues To Build Gold, the Canadian dollar, the euro and the lowering of short-term interest rates does not bode well for the U.S. dollar. Or at least that is what conventional wisdom is saying. You … Continue reading →

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Is It Time To Jump Into Financial Stocks? Historically, when the Fed has started cutting rates, investing in financial stocks has proven profitable for investors. Will the same hold true in today’s easing cycle? Probably not. The Bear Stearns (BSC) … Continue reading →

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Don’t Forget About The Large Telcos While investors are focusing on the ensuing battle between AT&T (T) and the big cable companies over providing voice, video and data to the home, many might need to be reminded that the telco … Continue reading →

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