WALL STREET PROFIT NEWS
Financial News and Editorial Source.
| 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.
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| 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 |
| Buffett sees signs recession getting worse - says inflation is a worry. Billionaire Warren Buffett has already said he thinks the U.S. economy is in a recession, and now he says the economy is getting worse. More | |
| Fed Leaves Rates Unchanged; Sees Greater Inflation Risk. Federal Reserve holds key interest rate at 2%, leaving it unchanged for the first time since last summer. More | |
| WSProfit Bear Super-Cycle News. -UPDATED- A Litany of Bear News Bullets. More | |
| Royal Bank of Scotland (RBC) – issues a global stock and credit alert Royal Bank of Scotland (RBC) – issues a global stock and credit alert. 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 | |