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Entries from December 2008

The Markets

December 22nd, 2008 · No Comments

It’s “Helicopter Ben” to the rescue.
For people who follow the financial markets, last Tuesday’s announcement by the Federal Reserve was a watershed event that historians, pundits, and investors will talk about for years to come. The Fed essentially opened the floodgates to help the economy and signaled more help is on the way. Here are [...]

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Tags: Banking & Trading

The Markets

December 15th, 2008 · No Comments

The following comment might shock you, so prepare yourself. Here it is… last Monday’s closing price on the S&P 500 index confirmed that we have been in a new bull market since November 20th.
Yes, it seems rather ludicrous to say we’re now in a bull market since the S&P 500 index is still down about [...]

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Tags: Banking & Trading

The Markets

December 2nd, 2008 · No Comments

We typically think of stock market volatility as a “bad” thing, but last week, we saw the “upside” of volatility.
As the chart indicates below, the broad-based S&P 500 index rose a stunning 12% for the week. Barron’s said it was the largest one-week gain in that index since 1974. In the holiday-shortened week, the S&P [...]

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Tags: Banking & Trading

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