Issue: 12/11/07 Tuesday The Federal Reserve came through as expected and dropped the Fed Funds Rate by 0.25% to 4.25%, and dropped the Discount Rate also by 0.25% to 4.75%. I love the stock market. It’s such good entertainment. The Fed did its work, and stock market players were disappointed. Equities (that means stocks) dropped [...]
Issue: 12/10/07 Friday Another irrational day on the stock market. The Dow went up 101 points, and is forging ahead to make new highs in the near term. The impetus is the Federal Reserve Meeting tomorrow, and the bet that they will reduce the Fed Funds by 0.25%. Countering this bet, the market is totally [...]
Special Report – The Bush Plan – 12/09/07 (Or how politicians can scare us and the markets.) Here is the first (hopefully of many) Special Report from the EconomyGuy. The topic this time is President Bush’s Plan to maintain current interest rates on sub-prime mortgages. There is so much to say about this topic that [...]
Issue: 12/07/07 Friday Today is a whole week’s report on the markets. I spent this week at Maui Mastermind improving myself, and it should spill over into this article if you are watching closely. I’ve left Maui, and am in Honolulu as I write this report. The BIG DEAL this week was President Bush’s announcement [...]
Issue: 12/03/07 Friday I am here in Maui at the Maui Mastermind Conference trying to improve myself all week. As this event starts early in the morning, and continues into late at night each day, I’ve decided to hold off publishing the daily report, and will provide a special weekly update on Friday. If something [...]
