Posted on October 8, 2008 by MoneyBob
CREDIT CARD PROVIDERS EVIDENCE BANK FEARS Pop quiz: if Bank of America (BAC) loaned its retail customers $3 billion less in the third quarter than it did in the second, what’s that mean for credit card issuers? Probably – nothing too good. And, in fact, Mastercard (MA) pretty much validated the spending slowdown with a [...]
Filed under: Credit Crunch, Economy, Middle Class, MoneyBob Postings, Saving, economics | Tagged: business, Credit Cards, Credit Crunch, economics, Economy, Money, MoneyBob, Work | Leave a Comment »
Posted on September 29, 2008 by MoneyBob
Record Drops in Dow and S&P Monday 09/29/08 Dow 10,365.45 -777.68 (-6.98%) S&P 1,106.42 -106.85 (-8.81%) All the major indexes were down more than 6% for the first time since 1998. Prior to today, the biggest point drops for the Dow and S&P was after the 9/11 attacks in 2001. The VIX (a volatility [...]
Filed under: Credit Crunch, Credit Freeze, Dooms Day, Economy, Market History, Money Market, MoneyBob Postings, Risk in Portfolio, Saving, Thoughts, economics | Tagged: business, economics, Economy, Market History, Money, money education, MoneyBob, Stock Chart, Stock Market, stocks, Work | Leave a Comment »
Posted on September 23, 2008 by MoneyBob
I am excited to announce that our little MoneyBob Blog on WordPress will soon migrate to his very own official landing page on www.MoneyBob.com. Hope to see you there. Good things will be coming soon. I would be interested to here your comments. Have any suggestions?
Filed under: Better Yourself, Credit Crunch, Credit Freeze, Dooms Day, Economy, Foreclosure, MoneyBob Postings, Saving, economics | Tagged: business, economics, Economy, Life, MoneyBob, MoneyBob Postings, Personal | Leave a Comment »
