There has been much discussion about buyout of Bear Stearns by J.P. Morgan. CNBC has a video that pretty well sums up many people’s perception that the Fed showed preferential treatment towards Wall Street over the individual citizens amid the economic crisis. The media has a knack for revving up emotions for the sake of [...]
Category Archives: Investments
AMD’s Future is Dim with Phenom
AMD’s[AMD] latest flagship Phenom processor is an utter disappointment and marks the beginning of the end to the once successful company that dominated the enthusiast CPU market. AMD shares are at a 4 year low of $9.67 after another quarter with losses in the hundreds of millions[400 to be specific], with debts nearing 9 BILLION [...]
Why A Weaker Dollar Is GOOD
Headline on yahoo finance today: http://biz.yahoo.com/ap/071107/wall_street.html This has been no doubt one of the most discussed topics regarding our economy and is usually looked upon as a negative. Keep in mind that the feds do have the power to influence exchange rates, if they chose to put positive pressure on the exchange rate all they [...]
Also posted in Economics Tagged Currency, Dollar, Federal Reserve, Interest Rates, Trade Deficit, US Leave a comment