In a video on Bloomberg labeled under Senator, “Dodd Says Bernanke Committed to Use `Tools Available,” Bloomberg actually features Wilbert Ross Chairman, WL Ross & Company. Notable Quotes: Wilbur Ross: “Half of all new property listings in California are now foreclosures.” Bloomberg Anchor: “Wow, that’s scary.” Wilbur Ross: “People were using there home [...]
Archive for the ‘Analysis’ Category
Wilbur Ross Speaks out on the Economy
Posted in Analysis, Bear Market, Economy, Video, tagged Bear Market, Economy, Video on February 7, 2008 | Leave a Comment »
One Reason this Recession will be a “Whammy”
Posted in Analysis, Federal Reserve, Jim Cramer on February 6, 2008 | Leave a Comment »
Yesterday, I pointed out the dwindling power of the Fed to stop recessions and deflation. The day before, I pointed out the financial industries inability to capture the upside of the Fed cuts in the short term since they have a severe funding crises. Today we’ll take a closer look at the unintended consequences of [...]
One Reason the Fed cuts Won’t Save the Market
Posted in Analysis, Federal Reserve, Uncategorized, tagged Federal Reserve, Interest Rates on February 6, 2008 | 1 Comment »
Last month, we saw the Federal Reserve cut the Fed Funds Rate a full 125 basis points (1.25%) to 300. What does that mean historically? In the following article we will take a look at just how dramatic the Fed’s 125 basis cut in 8 days means. The Fed started issuing “Target [...]
One Reason Last Week’s Market Rally was a Bear Rally
Posted in Analysis, Federal Reserve on February 5, 2008 | 1 Comment »
After the Market plummeted to begin the year, it staged a magical 4.9% week to finish January. Don’t believe the magic. In the following analysis I take a look at why last week should be described as the market’s emotional attempt at a bear market rally. To get a closer look at the financial sector, [...]
