Tag Archives: Stocks

Dow 10,000: Who Cares?

Does anyone remember when the Dow hit 14,000 back in 2007? Those were the golden days – you could buy a house with little or no credit, unemployment was low, peoples’ credit card limits were still high, and only a few people had heard of subprime mortgages (and even less understood them). Now, the Dow […]


Apparently the market didn’t appreciate it when the House, with 70% of Republicans and 40% of Democrats opposed, rejected the $700 billion Wall Street bailout bill. Wheeeeeeeeee!

So long, and thanks for all the fish

(Updated twice below) Maybe keeping money under your mattress isn’t such a bad option anymore? Update Calming words from Alan Greenspan: Just kidding. The market is screwed! Update II From Who is IOZ? The thing to bear in mind about the “melt-down” of all these investment institutions is that the mainstream narrative, that great amounts […]