Broken Contracts – October 2008
October 21, 2008 Dow Jones Average: 9,034 S & P 500 Index: 955 Broken Contracts Financial markets worldwide went into panic mode in recent...Read More
Yearly Archives: 2008
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A Perfect Storm – July 2008
July 26, 2008 Dow Jones Average: 11,349 S & P 500 Index: 1,252 A Perfect Storm The serious problems afflicting the U.S. economy are...Read More
Moral Hazard – April 2008
April 17, 2008 Dow Jones Average: 12,619 S & P 500 Index: 1,365 Moral Hazard The term “moral hazard” is sometimes used by government...Read More
Recession – January 2008
January 21, 2008 Dow Jones Average: 12,099 S & P 500 Index: 1,325 Recession The definition of a recession is two consecutive quarters of...Read More