Month: March 2009

Reading Time: < 1 minute (Update 2: March 11) Cramer shot back, Stewart responds. The Daily Show With Jon StewartM – Th 11p / 10c In Cramer We Trust Daily Show Full EpisodesImportant Things With Demetri Martin Political HumorEconomic Crisis (Update) Correct the name (from Steward to Stewart).

stlplace
March 8, 2009

Reading Time: 2 minutes 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

stlplace
March 7, 2009

Reading Time: 2 minutes 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

stlplace
March 7, 2009

Reading Time: 2 minutes This is the second part of my thoughts on bank nationalization, I hope President Obama and his finance team can read my blog, as they are thinking through the “bank rescue”, the No. 1 issue facing this country, and the world economy for that matter. As I said in my previous post, bank nationalization appears

stlplace
March 6, 2009

Reading Time: < 1 minute March 04 1999 to Mar 02 2009, courtesy of Google Finance. Two thoughts pop up by looking at the charts: 1) We probably have not hit bottom yet; 2) The drop in mid 2008 till now is so sharp, 50% in one year 🙁 BTW, I think it’s a good idea to stay away from

stlplace
March 2, 2009
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