|
6 Ways the Recession Will Change Retirement
U.S. News & World Report The twin miseries of a stock market crash and a deep housing bust have eliminated $14 trillion of Americans’ net worth since 2007—about $121000 per … |
|
Was This Bear Market Really So Different?
CBS News From a big-picture perspective, the stock market to this point actually has behaved pretty much as it usually does in recessions: falling in anticipation of … and more » |
War Made Easy… http://www.warmadeeasythemovie.org/ War Made Easy Reaches into the Orwellian memory hole to expose a 50-year pattern of government deception and media spin that has dragged the United States into one war after another from Vietnam to Iraq. Narrated by actor and activist Sean Penn, the film exhumes remarkable archival footage of official distortion and exaggeration from LBJ to George W. Bush, revealing in stunning detail how the American news media have u
Wall Street seesawed Tuesday as a better-than-expected housing market report vied with a surprise drop in consumer confidence, leaving investors wary of pushing stocks much in either direction.
In a world turned upside down, you must re-examine some basic assumptions. A good place to start: understanding the true nature of risk.John Maynard Keynes, the Depression-era economist who’s having quite the comeback, once quipped when he was accused of inconsistency: “When the facts change, I change my mind. What do you do, sir?”Money has long advocated the benefits of consistency in your investing and financial planning. People who swing between bold risk taking and neurotic conservatism almo
 Globe and Mail |
Economic slack: Unsold homes and bulging piggy banks
Globe and Mail Given last fall’s stock market crash, it’s hard to blame them. Nearly one in 10 downtown and suburban office spaces in Canada stands empty. … and more » |
|
Is this economic downturn just what the doctor ordered?
Los Angeles Times The Great Depression that began with the stock market crash of 1929 was the economic low point of the 20 th century. The economy shrank at annual rates … and more » |
I heard many times of people jumping out of windows and killing themselves when the stock market crashed in 1929, but I had also heard that was not true. This time though with our current financial crisis suicide definitely is a reality.People are committing suicide over losing their homes, mounting credit card debt, and no way to get out from
The last trading day of 2008 on Wall Street provided a merciful end to an abysmal year — the worst since the Great Depression, wiping out $6.9 trillion in stock market wealth. Six years of stock gains disappeared as the economy crumbled and markets crashed around the globe, shaking the confidence of professional and individual investors alike.
|
Late run to cash can’t avoid stock market crash
The Australian, Australia - Dec 7, 2008 It was very clear in September and October that every modest rise in the market brought a wave of forced selling as investors had to exit stock to pay down … |