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 [...]
Filed under: Credit Crunch, Economy, Investing, Market History | Tagged: consumer confidence, DJIA, Stock Chart, Stock Market | Leave a Comment »
Crude Oil Rises to Record above $92.50 a barrel in New York after Turkey’s Foreign Minister said his government is considering “all options” including military action to deal with Kurdish rebels operating from Iraq. Crude oil for December delivery rose as much as 93 cents, or 1 percent, to an all-time high of $92.79 [...]
Filed under: Deflation, Economy, Inflation | Tagged: Bloomberg, Crude Oil, Foreign Minister, Turkey | Leave a Comment »
All seems quiet now – but… the 3 month T-Bill is now yielding only 3.85% as of today’s Interest Rates on Bloomberg -which is saying there is a flight to quality in the bond market. Did you hear the recent announcments of the major right offs (Losses $$) by all the big Banks in the [...]
Filed under: Credit Crunch, Credit Freeze, Economy, Interest Rates | Tagged: business, Credit Crunch, economics, Economy, Investing, Life, Stock Market, Thoughts, Work | 1 Comment »
Investment Outlook Bill Gross | October 2007 What Do They Know? Under a conservative assumption of 2½% inflation, PIMCO’s view is that the U.S. Fed will lower the Fed Funds rate to 3¾% or so over the next 6-12 months. (Actually that’s only two, 50 basis point reductions from where we are now).
Filed under: Economy, Inflation, Interest Rates | Tagged: Bill Gross, business, economics, Economy, Investing, Life, Mohamed El-Erian, PIMCO, Stock Market, Thoughts, Work | Leave a Comment »
