Tuesday, December 02nd, 2008

Hot Topics : $8 Trillion in Bailouts | Biotech Stock Bargains | The Greater Depression | Thanksgiving Turkeys

Posts Tagged ‘ U.S. credit crisis ’

Global Investing Roundups, Tuesday, December 2nd, 2008

Dec 2nd, 2008 | By William Patalon III | Category: Financial News

NBER: U.S. in Recession Since Dec. 2007; Fed Reserve Could Buy T-Bills; JP Morgan Sees 0% Interest Rates; Pilgrim’s Pride Files for Bankruptcy Protection; Consumer Credit Crunch in the Making; Crude Slides on Recession Outlook; J&J to Buy Mentor



Nightmares of Financial Misery

Oct 31st, 2008 | By Richard Daughty | Category: Financial News

But this monetary expansion thing is the stuff of nightmares, too, and one day soon you will wake up screaming in the middle of the night, bathed in sweat, jolted out of a nightmare of financial misery and suffering that is all but unimaginable…



Bush Administration Proposing Plan to Bail Out Delinquent Homeowners

Oct 31st, 2008 | By William Patalon III | Category: Financial News

The Bush Administration is considering a plan that could keep as many as 3 million homeowners who are behind on their mortgages from losing their houses, The New York Times reported today (Thursday).



And Then There’s This…Thursday, October 30th, 2008

Oct 30th, 2008 | By Ed Steer | Category: Financial News

On Wednesday, gold vacillated between $740 and $750 all through the Far East and early European trading. Gold struggled to tack on about $20 within two hours of the Comex open in New York, but then it was lights out for the rest of the regular trading session.



Can the Mega-Rally Hold?

Oct 30th, 2008 | By Addison Wiggin | Category: Financial News

Stocks stage huge rally, but will it hold? Key levels to watch, and some historic perspective… Libor continues to ease; famous Wall Street CEO explains why credit still isn’t flowing… John Williams on the “true cost” of the U.S. financial crisis, with charts to prove it… Byron King with an “exploding” foreign resource market…. Plus, a stinging critique of I.O.U.S.A., and one thing you must do before voting Nov. 4.



GM, Chrysler Merger Could Get Government Backing

Oct 29th, 2008 | By Jason Simpkins | Category: Financial News

The U.S. government is looking for ways to facilitate a merger between General Motors Corp. (GM) and Chrysler LLC, in the hopes of keeping the once vibrant industry afloat during a time of crisis. But Uncle Sam’s credit card is close to maxed out and a bailout for the auto industry could open the door for other troubled industries to come calling.



The Economic Blue Screen of Death

Oct 20th, 2008 | By John Mauldin | Category: Real Estate Investments

This week I am in California giving two speeches to the Financial Planning Associations of San Diego and Orange County. This and next week’s letters will be the broad outline of the speech. We will look at how the retreat of the American consumer will affect the stock market. Has the recent drop (can we say crash, gentle reader?) in stock market valuations given us an opportunity to find value? We look at some very powerful evidence that suggests that may be so.



Why the Stock Market Relief of Late Last Week May Not Last

Oct 20th, 2008 | By William Patalon III | Category: Financial News

While investors remain extremely concerned about the volatility of the U.S. stock market, the weakness of the American economy and the uncertainty of the global financial markets, last week brought “slight” relief from the excessive panic of the eight-trading-session losing streak.



Bank of America Shares Plunge on Earnings Shortfall, Major Dividend Cut

Oct 8th, 2008 | By William Patalon III | Category: Financial News, Stock Market Investing

Shares of Bank of American Corp. (BAC) fell more than 26% during trading yesterday (Tuesday) as investors reacted to the company’s disclosure that it was cutting its dividend after its third-quarter earnings plunged a stunning 68%.



US Just Turned Off Its Financial Crisis ‘Early Warning System’

Oct 8th, 2008 | By Jennifer Yousfi | Category: Politics & Economics

By relaxing the US financial system’s mark-to-market accounting standards, the government is effectively deactivating the financial “early warning system” that let investors know that a global credit crisis was brewing, says Jennifer Yousfi in Money Morning.