If you’re like many investors, you are probably sitting on the sidelines right now, unsure of what to do. If you want to buy, you may be thinking “let’s wait a little longer.” If you want to sell, you might be concerned about “missing out.”
Here we go again…The market had its best week since November. And just like that, there is chatter of light at the end of the tunnel.
Emotions still rule the market. The equities market is soaring today thanks to one CEO’s “memo” that promises this whole financial mess is overdone. Why should we believe him now?
How many times have you heard, “the economy won’t turn around until banks start lending?” It’s so damn obvious…
Karim Rahemtulla of the Smart Profits Report is on a mission. He is here to rescue you out of the darkness, doom and gloom and into the light on investing in the “brutal bear” market.
The big comeback should already be here, according to Wall Street pundits. It was due to arrive in the fourth quarter… a 50 percent increase in earnings led by – of all sectors – banks.
The action on Wall Street is nauseating. The more Washington acts, the more Wall Street drops. The folks with stomachs strong enough to keep them in the market are looking more like gamblers than investors. They are quickly realizing all roads lead to Washington.
I should not have to tell you that this is going to be a big week, a monumental week, really – not only for the country, but for Wall Street.
The forces of the universe are pulling against one another. Tomorrow at noon, the nation will gain a leader that has inspired hope in millions of Americans. Economically, Obama’s stimulus plan is viewed as the last chance to keep the nation’s economy from retreating to a full-on depression.
I will be watching closely to see if Obama’s 6-foot-1-inch body shrinks at the exact moment he places his left hand on the bible as the weight of numerous global crises is piled on his back. It will take one heck of a leadership…
Wall Street bankers create products like any other manufacturer seeking to sell goods or services for a profit. The products those bankers create are financial instruments and the services they sell include advisory services, which they provide to investors and use to sell their financial products. And being the shrewd businessmen and women they are, Wall Street’s bankers also make a habit of being both buyers and sellers of their own products. All the better to serve their customers who wish to trade their products.
The most foreboding Christmas season in history…every day brings more cutbacks, more bankruptcies and more trouble… Borrowers have counted on home equity money to fill in the gaps in their household budgets, using borrowing in place of saving… Americans are really beginning to resent Wall Street…Consumer prices are sure to fail in the near future…and more!
