Stock Market  (Page 2)

Post-Election Market Crash Predicted With Accuracy – But No One Listened

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Posted by  ▪  Thursday, November 20, 2008 at 7:30pm 11/20/2008 at 7:30pm

Pre-Election prediction by one of our nation’s most insightful commentators foresaw the devastating effects of an Obama victory, but no one listened:

“The stock market will...

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The Obama Market – The McCain Recovery

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Posted by  ▪  Friday, October 24, 2008 at 4:47pm 10/24/2008 at 4:47pm

Respected financial journalist Charles Gasparino has an excellent article, entitled An Obama Panic? In the article, Gasparinio makes a point the mainstream media ignores: While Obama certainly did not cause the credit and market crisis, the fear of an Obama victory is fueling the crisis. As the election nears, and Obama...

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Is This Market Volatility the End of Capitalism?

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Posted by  ▪  Thursday, October 16, 2008 at 1:01pm 10/16/2008 at 1:01pm

Are we witnessing the end of capitalism? Has it ever been this bad?





Do these charts show the end of capitalism? I guess that depends on how you look at things.

The first chart tracks the Dow Jones Industrial Average from 1920-1940, when the average went from a high of 380.33 in 1929,...

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Risk in the Mortgage Industry Spurred Meltdown

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Posted by  ▪  Thursday, October 16, 2008 at 10:38am 10/16/2008 at 10:38am

Here is a link to my article, published in The Ithaca Journal, on how “Risk in the Mortgage Industry Spurred Meltdown”: http://www.theithacajournal.com/apps/pbcs.dll/article?AID=/20080927/OPINION02/809270304/1014/NEWS17 .

 
 
 

Will 401(k)’s Disappear in the Interest of “Fairness”?

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Posted by  ▪  Wednesday, October 15, 2008 at 12:37pm 10/15/2008 at 12:37pm

From Investment News:

House Democrats contemplate abolishing 401(k) tax breaks

Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.

House Education and Labor Committee Chairman George Miller, D-Calif., and Rep. Jim...

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