Tag Archives: stock market crash

Home Purchases Decline As Economy Totters

Would you want to be buy a home in this economy? Knowing that a dramatic stock market crash could happen again any day now? Economic uncertainty drives a flight to safety among investors, bidding up U.S. Treasury bonds and driving … Continue reading

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The Two Trillion Dollar Meltdown

I am reading the 2008 book by Charles Morris, “The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash.” He is publishing in February 2009 a revised paperback edition called “The Two Trillion Dollar Meltdown.” I can’t … Continue reading

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Limited Options For Overcoming Financial Crisis

What can be done about our problems? Ban short selling? That creates its own problems. Greenspan’s historic role, particularly 1987, is to give us confidence we can overcome bad times. By falling on his sword, he’s trying to give us … Continue reading

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Congress Wants To Act On Credit Crisis

It’s America’s worst credit crisis since the Great Depression. Now the Federal Reserve wants to change the rules. Congress wants to pass legislation. The AP reports: WASHINGTON (AP) — The most sweeping overhaul of the nation’s financial system in seven … Continue reading

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