Issue: 9/14/07 Thursday
Former Federal Reserve Chairman Alan Greenspan acknowledges he failed to see early on that an explosion of mortgages to people with questionable credit histories could pose a danger to the economy. ”While I was aware a lot of these practices were going on, I had no notion of how significant they had become […]
Issue: 9/13/07 Wednesday
I took off a couple of days while nothing much was happening in the market. Yesterday, the stock market went up a bunch, and came back down 17 points today. The big news today was that the US Dollar sank to a new low against the Euro overnight when it traded […]
Issue: 9/07/07 Friday
By Global Economy Guru, Tom Harvey…
It’s time for a real analysis of what happened today. All the markets moved today. I report a diverse sample of markets at the end of this report each day. All of these diverse markets moved today. To put today’s news in perspective, the […]
Issue: 9/05/07 Wednesday
Yah-hoo. The market is very volatile. It went down 143 points today because the Beige Book came out, and it didn’t support the concept of the Fed dropping the Fed Funds rate. Oh my goodness!!! The sky is falling. The Beige Book is collection of stories about […]