Posts Tagged ‘Stock Market 2009’

The Precipitous Downward Spiral

March 9, 2009

I hate being the bearer of bad news, I really do.  But the tough reality is, that there is virtually no good news.  This “recession” is being compared by some to the steep recession of the early 1980s.   Time has a way of fogging our memories and coming up with the wrong comparisons.  George Santayana penned an often used quotation in his book, The Life of Reason (1905), that,  “Those who cannot remember the past are condemned to repeat it.” (more…)

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A Financial History Lesson

February 24, 2009

Oh, the Yin and the Yang; the Dark and the Light of the stock market.  If your stomach hasn’t churned or your heart pounded through your chest, then my guess is that you have no market exposure.  If so, good for you.  If you are still invested get ready for more heart-throbbing days ahead. (more…)

DOW 6000 Revisited

February 20, 2009

Earlier in the week I wrote about the DOW hitting 6,000 before the end of the year.  For most that is not only unthinkable but it is downright horrifying.  But is it realistic and within the realm of possibility?  Let’s look at the numbers. (more…)

DOW 6000?

February 17, 2009

The DOW stock market index could be as low as 6,000 by the end of this year.  Sound preposterous?  Not from my perspective.  In fact, that might be conservative.  Right now we are in the worst stock market decline since – well, you know by now – the Great Depression. (more…)

The Burden of Debt

January 3, 2009

I go on the principle that a public debt is a public curse.

James Madison, 1751-1836

 

Don’t be fooled by the mini stock market rally of late.  The burden of debt (personal, business, state and federal) will continue to weigh heavy on the U.S. and world markets for 2009 and the forseeable future. (more…)