Financial Doom - Current Best Sellers

Go ahead and read those apocalyptic books on the economy if you like a good scare. But be sure you recognize fiction when you see it.
By Jim Jubak
If fairy tales express our deepest fears, then investors must be on the verge of a psychotic breakdown.
The current crop of financial gloom-and-doom books carry titles such [...]

Why This Crisis is Still Far from Finished

Why this crisis is still far from finished
By Mohamed El-Erian
Published: April 24 2008

During the past few weeks we have seen a growing number of market participants predict an end to the dislocations that erupted last summer and claimed victims throughout the financial system and beyond. While their predictions are understandable, they are premature. The dynamics [...]

The Price for Food and Fuel Will Only Go Up

Read This - and get out of debt and start to save more cash

Jeremy Siegel: Even in a Bearish Market, Bullish on Stock

In an open discussion with executives in the Securities Industry Institute, Wharton professor Jeremy Siegel examined investment strategies in the current market. Siegel, author of the landmark books Stocks for the Long Run and The Future of Investors, drew upon historical records in making sense of the current downturn.
Based on Siegel’s analysis [...]

By STEPHEN S. ROACH - from Hong Kong

March 5, 2008
Op-Ed Contributor
Double Bubble Trouble
By
STEPHEN S. ROACH
Hong Kong
AMID increasingly turbulent credit markets and ever-weaker reports on the economy, the Federal Reserve has been unusually swift and determined in its lowering of the overnight lending rate. The White House and Congress have moved quickly as well, approving rebates for families and tax breaks for businesses. [...]

Housing In Deepest Decline Since The Great Depression

Rapid Deterioration

Housing in deepest decline since the Great Depression, economist says

By Steve Kerch, MarketWatch
Last update: 4:48 p.m. EST March 4, 2008

CHICAGO (MarketWatch) — Housing is in its “deepest, most rapid downswing since the Great Depression,” the chief economist for the National Association of Home Builders said Tuesday, and the downward momentum on housing prices appears [...]

U.S. Stocks Drop to 18-Month Low After Foreclosures Hit Record

By Michael Patterson
March 6 (Bloomberg) — U.S. stocks fell to an 18-month low, led by banks, after home foreclosures climbed to a record and loan defaults by Thornburg Mortgage Inc. and a Carlyle Group bond fund spurred concern that credit losses are deepening.
Citigroup Inc., Bank of America Corp. and JPMorgan Chase & Co. led [...]

Treasuries Rise on Speculation Credit-Market Losses to Deepen

March 6 (Bloomberg) — Treasuries rose and three-month bill rates fell to the lowest level since 2004 on concern that the Federal Reserve may be unable to prevent credit-market losses from deepening.
Investors sought the safety of government debt as Citigroup Inc. planned to pare its U.S. residential unit’s mortgage and home-equity holdings by about $45 [...]

Do You Think The Stock Market Could Fall to 11,000?

This is a Chart of the Stock Market (The Dow Jones Avg.) since the most recent market bottom in early 2003.
The stock market has risen every year for the past 5 years.
If the stock market would fall to 11,000 - that would be 2,806 points down or 20.3% - If that happened most people would [...]

Partying like it’s 1998?

Is today’s stock market like fall 1998 or late 1970s?
By Mark Hulbert, MarketWatch
Last Update: 12:01 AM ET Sep 24, 2007
The newsletter editors I monitor are all over the map in arguing about which period of stock-market history is the closest analog to today’s market. Not surprisingly, they are issuing diametrically opposed forecasts on the basis [...]