WALL STREET PROFIT NEWS
Financial News and Editorial Source.
| Financial News |
| DOW Jones Industrial Average Drops -315.79 points, 3.02 percent to End the Week. |
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DOW Jones Industrial Average Drops -315.79 points, 3.02 percent to End the Week, Caping a 4th Straight Monthly Decline. More |
| Bill Ackman, Pershing Square Capital Management - Bond Insurer Transparency; Open Source Research Letter. |
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This analysis has ramifications which ripple through the financial system.
More |
| Google Cries Foul, Complains of Microsoft's Monopoly. |
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The only problem is that when it comes to search, Google hold the monopoly with about 70% of the overall market. More |
| Can’t Sell Your House? Swap It! |
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Housing is considered a basic human need, along with food and clothing. By the way the housing market has shut down you would think we were talking about tulips.
More |
| Economic News |
| The President Signs the Stimulus Package and Asks Us to Spend Borrowed Money. |
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Most taxpayers will receive a check of up to $600 for individuals and $1,200 for couples, with an additional $300 for each child. more |
| The World Economies Decoupling Theory Is a Myth. |
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Every time I hear “it is different this time,” especially when it comes to long established economic and financial principles, I just want to shriek.
more |
| Helicopter Ben Strikes Again- Cuts Fed Funds Rate 50-BPS To 3 Percent- Econ Risks Remain |
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The Federal Reserve lowered its key lending rate by 1/2 bps, following their inter-meeting emergency 3/4 bps cut.
more |
| Profit Council |
| The Anatomy of a Credit Crisis (2000-2008 and Beyond) |
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A brief outline of the major events which led to the current state of affairs. More |
| Wall Street Prophet Council – Week of February 11th, 2008 |
| The Dow-Transports (.TRAN) closed Friday at 4711.67, haven rallied off their Jan. 23 lows of 4033 back to their 200-ema of 4751. Friday’s drop represents an initial reversal, a failure of that resistance level.
More |
| US Equities Have Entered Into a Cyclical Bear Market |
| Our view is that US-equities have entered into a cyclical bear market and interest rate cuts will not solve the problem. More |
| DOW Jones Industrial Average Drops -315.79 points, 3.02 percent to End the Week. DOW Jones Industrial Average Drops -315.79 points, 3.02 percent to End the Week, Caping a 4th Straight Monthly Decline. More | |
| The Anatomy of a Credit Crisis (2000-2008 and Beyond) A brief outline of the major events which led to the current state of affairs. More | |
| The President Signs the Stimulus Package and Asks Us to Spend Borrowed Money. Most taxpayers will receive a check of up to $600 for individuals and $1,200 for couples, with an additional $300 for each child. More | |
| Bill Ackman, Pershing Square Capital Management - Bond Insurer Transparency; Open Source Research Letter. This analysis has ramifications which ripple through the financial system. More | |
| Wall Street Prophet Council – Week of February 11th, 2008 The Dow-Transports (.TRAN) closed Friday at 4711.67, haven rallied off their Jan. 23 lows of 4033 back to their 200-ema of 4751. Friday’s drop represents an initial reversal, a failure of that resistance level. More | |
| The World Economies Decoupling Theory is a Myth. Every time I hear “it is different this time,” especially when it comes to long established economic and financial principles, I just want to shriek. More | |