Monthly Archives: January 2008

David Gaffen of the WSJ had this to say:Don’t like what the stock market is doing? Wait a few minutes. The Dow Jones Industrial Average was lately up 111 points, after losing nearly 200 points at one point earlier in … Continue reading →

Despite all of the hoopla and anticipation of the Wednesday’s interest rate cut, the markets ended on a down note. In a way, it may have been a classic “buy the rumor sell the fact” type of outcome. Personally, I … Continue reading →

As you know from my recent posts and updates, we are still holding a small position (10% of portfolio value) in gold. With the financial markets mired in uncertainty, is there more upside potential for the metal or will the … Continue reading →

Ever since the Subprime crises started, I’ve been curious as to whether there was one entity or institution that had the biggest exposure to Subprime slime. I found the answer as I was reading Bloomberg’s article “SEC to Rework Rules … Continue reading →

This weekend, I was reflecting on some of the wild events of last week, including a rogue trader’s loss of some $7 billion of France’s number 2 bank (Société Générale), and the Fed’s once-in-a-lifetime 75 bp interest rate cut. As … Continue reading →

As you know from my writings, I am certainly not in favor of some of the strong-arm tactics or empty promises that are used by certain brokerage firms to land new business at all costs. However, I also believe that … Continue reading →