Treasuries Set for Best Month Since 1981Amid “Time of Trial” – Bloomberg Ruble Collapse Prompts Russia to Raise Rates – Bloomberg Gas Prices: Lowest Since 2005 – CNNMoney European Unemployment Soars – CNNMoney Gold Rises Slightly; Monthly Gain Biggest Since 1999 – MarketWatch Cyber Monday Expectations Should be Scaled Back – MarketWatch Crude Falls as [...]
Thanksgiving Divorce A man in Phoenix calls his son in New York the day before Thanksgiving and says,”I hate to ruin your day, but I have to tell you that your mother and I are divorcing; forty-five years of misery is enough. “Pop, what are you talking about?” the son screams. We can’t stand the [...]
This “Fireside Chat” with Franklin D. Roosevelt from 1933 offers some parallels to the situation in the financial system today, and the steps our government is taking to fix it. But, in harkening back to the days of the Great Depression, you can certainly find things to be thankful for today.
U.S. Economy: Durable Goods Orders, Consumer Spending Tumble – Bloomberg Mortgage Rates Tumble on Fed Debt Purchasing Plan – Bloomberg Copper Gains in London as China Cuts Rates – Bloomberg Slowdown Blues: Deals in Commodity Industry Put on Hold – Money Control India Gold Dips as Rising Dollar Damps Demand – MarketWatch U.S. Average Gasoline [...]
By Marty Lundgren The stock market has seen wild swings in the last couple months and everyone is wondering whether or not we’ve reached a bottom. From a technical standpoint, it appears that we haven’t. In fact, a simple look at the technicals might make you want to reconsider calling a bottom in this market.
Fed Commits $800 Billion More to Unfreeze Credit Markets – Bloomberg Food Prices Will Rise, Causing Export Bans, Riots – Bloomberg Gold Futures Rise for Longest Rally Since July – Bloomberg Home Price Plunge Reminds Us What Our Houses Are–and Aren’t – MarketWatch After “GD2″ in 2011, a 100-Year Bear Market? – MarketWatch We Can’t [...]
Stock index futures surged on news the Federal Reserve will commit as much as $800 billion to revive lending, with the December S&P 500 futures last trading up 21 at 869. The S&P 500 has rallied 13 percent from an 11-year low on Nov. 20, and posted its best two-day gain since 1987, according to [...]
The following schedule for the Thankgiving 2008 holiday is taken from sources which Lind-Waldock deems to be reliable, but we are not responsible for any errors or ommissions. Please check the Web site of the appropriate exchange for further information or changes.
Why Citigroup Got Detroit’s Money – CNNMoney Gas Prices Continue to Fall – CNNMoney Recession’s Grip Forces U.S. to Flood World With More Dollars – Bloomberg Treasury Traders Paid to Borrow as Fed Examines Repos – Bloomberg Existing Home Sales Fall, Buyers Sidelined – Reuters CBOT Traders Eye U.S. Corn Harvest Delays – Reuters Dollar, [...]
Stocks Rally on Report Geithner to Head Treasury – MarketWatch Treasury Yields Pivot off Multi-Year Lows – MarketWatch Oil Ends Slightly Higher, but Down 13% on Week – MarketWatch Berkshire Asked By SEC in June for Derivatives Data – Bloomberg Gold Surges Amid Deflation Concern; Silver, Platinum Rebound – Bloomberg VIX’s Records Show Fear That [...]
