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Despite the election of Barack Obama as the next president of the United States, the stock markets took a deep plunge on Wednesday. While the economy was the focus of many voters, it seems that investors are now worried about their portfolios and how they will be affected by a rising tax rate. Wednesday’s plunge […]
The recent market rollercoaster over the past months has affected our ability to write new posts. We hope to be back on board with this soon. Our apologies, and thanks to our many loyal readers. On a side note, if you are young….start investing!!! With the markets this low, you can buy cheap, and when (not […]
The bears continued a sell off today, as the mortgage woes of the housing industry started to creep into credit card debt and other areas of the loan industry. After a huge sell off on Friday of last week, the US markets are once again looking toward a negative week on Wall Street. However, talk […]
The Dow has defied the slumping housing market and mortgage crises to once again reach a new high! The surge is primarily fueled by hopes that a rate cut is in store when the Federal Reserve meets at the end of the month. This is the first time in two and a half months that […]
Recently, the US markets have been slowly making a comeback from the huge losses seen just weeks ago. The Dow has be creeping back up toward the 14k mark since that huge lost, hovering near 13,800 for about a week now. Recent reports about the slowing housing markets, consumer confidence, and news in the private […]
The US markets are still doing the ups and the downs, fueled by everything from oil to housing to the fact that tomorrow is 9/11. While the markets have their good and their bads days, it is safe to say that at least they are staying fairly consistent. The markets have been in the habit […]
With all the recent decline in house sales, the US markets are starting to suffer. The Dow Jones has lost close to 1000 points in the last 45 days, and the world markets are not fairing much better. Despite the recent surge of monetary input by the Fed, the investors are still not seeing a […]
The Dow slid almost 400 points today after a scare went through the World Markets. The French markets started the slide, by freezing assets of mortgage companies that are about to go bankrupt. After a quick morning slide, the US markets seemed to be gaining some of that slide back. However, as more of the […]
Although many investors wanted to see a decline in interest rates, the Fed voted yesterday to keep them at the current level. This marks another vote to keep them at a steady pace, showing that the economy is maintaining itself, keeping inflation in check. Some investors were hoping for a decline, to help steady out […]
Rupert Murdoch has officially bought Dow Jones, adding to his ever growing list of news sites and business resources. This recent buy, just in time for his new FoxBusiness venture, will help Murdoch to further his global hold on the news, both economically and globally. In other news, the price for crude oil soared to […]