Archive for November, 2008
Bear Market Rally
The Dow Jones is up over 1,300 points over the last 5 trading days. This marks the best 5 day performance in 75 years. I have to give credit to President Elect Obama for choosing Paul Volker to chair on the president’s “Economic Recovery Advisory Board.” Volcker was Chairman of the Federal Reserve [...]
Posted: November 28th, 2008 under Strategies.
Comments: 1
Where are we now?
It has been almost 9 months since the experts at UCLA stated that the United States would not enter a recession. A lot of people back then believed that we were currently in a recession or at least going into one. California currently has an unemployment rate of 8.2% and rising, and a [...]
Posted: November 26th, 2008 under Stock Market / Economy.
Comments: 3