Apr 26 2009
20,000 Americans Lose Their Job Each day but we Still Bailout Wall Street and Banks: 4 Charts Highlighting this Historical Financial Crisis. GDP, Inflation, Industrial Production, and Excess Reserves.
Four banks and one credit institution failed on Friday. This is now becoming a common Friday ritual. On February 13 four banks were also taken over by the FDIC. Multiple bank failures on one day are now growing in size. Yet the FDIC is quickly blazing through their insurance fund and soon, the taxpayer [...]
Mar 8 2009
Stock Market Volatility Back Again: The S&P 500 has had 3 Major 10+ Percent Moves to Downside Already in 2009: -13.8%, -14.4%, and -11.1%. Market Volatility a Sign of Unhealthy Markets, and We’ve only gone through 2 Full Months.
The S&P 500 has lost 26% of its value in 2009 and we are only in March. This comes on the back of the S&P 500 losing 36% of its value in 2008. Market volatility is typically a sign of major uncertainty and while we did have a slightly stable period once we bounced [...]
