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
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