Author: Zandar1

So, the crisis has been averted, yes?  The Dow shot up 300 yesterday and Asian markets closed 2% higher.  European markets have jumped 4-6% today.  The rate cut, and the expectation of another .75% rate cut next...

So the Fed’s emergency rate cut, described to me by one colleague as “biting your leg off to escape the trap” has had some effects on the markets this morning. But they aren’t what investors expected....

Tuesday morning the Asian markets got even worse. Japan’s Nikkei 225 index nose-dived 5.7 percent — its biggest percentage drop in nearly 10 years — to 12,573.05, a day after falling 3.9 percent....

Having had a weekend to process the President’s economic stimulus plan, the global markets have spoken. And they have replied with “You’ve got to be kidding me.”European and Asian stock markets plunged...

You don’t have to look very far to see the Village Idiocy of the Week as the Serious Ones pause to reflect between primaries. The theme coming from the Village is simple:  despite the fact that there’s two...