This financial crisis is like a nasty wound that doesn’t want to heal, and now it is affecting the entire body respectively economy. This week the economic numbers from the US are once again worse than the average numbers predicted by economists.
Housing starts 550K fell 16 percent last month, Intitial Jobless claims 589K, UK GDP shrinks [...]
Archives for May, 2009
Financial Crisis Continues On
Categorized in Financial Crisis
Stock Market Rally to Last?
The rally continues now for like 5 weeks, question is: is this rally sustainable, or is it a wolf in sheep’s clothing? Wells Fargo and JP Morgan give us the impression the banks have the worst behind them and all the nationalization talk is over. But will stocks continue to rally? I don’t think we [...]
Categorized in Financial Crisis
