Day: March 7, 2009

Categories
Fun

Recent Bank Ads on WSJ

Reading Time: 2 minutes

Last Updated on March 7, 2009 by stlplace

We know CEOs of some of the nation’s largest banks are buying their companies’ stocks, to show their confidence on their respective company.

It’s also interesting to see some of the leading banks are putting up a lot Ads on Wall Street Journal. I took some pictures here from WSJ in these days and share them here.

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(Citi bank shows a happy couple/home owners who got mortgage from Citi)

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(This JetBlue ads encourage CEOs to ditch their business jet and use the discount carrier)

Continue reading “Recent Bank Ads on WSJ”
Categories
Investing

Glass half full? Glass half empty?

Reading Time: 2 minutes

Last Updated on March 7, 2009 by stlplace

Week in review 030109 to 030709

We are officially in Obama bear market (source: Bloomberg), in other words, the stock market (i.e., Dow industrial for most people) dropped 20% since President Obama took office in Jan 20. Yesterday S&P 500 briefly touched 666 (the number of devil), pretty scary, huh? I am sure this economy/financial crisis has been the hot topic in many kitchen table, or office cafeteria. The financial media is also taking the crisis as oppertunity — we have seen numerous experts, panel discussions, such as the “Help Wanted” talk last night on CNN money, which is mainly talking about the Feb. job (loss) number: 650,000. This number is actually small, if we put it into perspective that 20 million Chinese migrant workers already lost job since the end of last year (read my friend Bo Peng’s article if you are interested).

Continue reading “Glass half full? Glass half empty?”