Category: General Market NewsSort
On December 18th, Dallas Federal Reserve President Richard Fisher gave a speech before the World Affairs Council in Dallas. What is interesting about the speech is the insight it provides into the Fed's thinking regarding the recent interventions into the markets. Additionally, history has a tendency to repeat itself and Mr.
With the close of 2008, we can now review the performance of the Dogs of the Dow. The Dogs of the Dow is an investing strategy were one invests in the ten highest yielding stocks in the Dow Jones Industrial Average as of the last trading day of the prior year. The performance of the Dow Dogs in 2008 was -41.6% versus the Dow Jones Index performance of -36.9%.
The Demise Of Wall Street And The Lessons For 2009
An insightful article titled The End and written by Michael Lewis, the author of Liar's Poker, recently appeared at portfolio.com. The article discusses the end of Wall Street in 2008 as a result of the blow up in the mortgage market. More telling is the lack of understanding by Wall Street firms surrounding the risk they were taking.
Forbes Chirp Index Predicts '09 Economic Recovery
2008—a year which will go down in history as a particularly nasty one from an economic point of view—is almost a memory. While the economic challenges which confront the world at present will likely get worse before they improve in the coming year(s), it is still a worthwhile exercise to plumb the depths of one’s mind to try to assemble a list of ten reasons to be thankful as we face 2009.