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Financial News and Editorial Source.
 

Financial News
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

Bill Ackman, Pershing Square Capital Management - Bond Insurer Transparency; Open Source Research Letter.
This analysis has ramifications which ripple through the financial system.  More

Google Cries Foul, Complains of Microsoft's Monopoly.
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!
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.
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.
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
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)
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

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Latest Headlines

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

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