Archives
Some of the biggest names in investing publicly stated months ago that the U.S. dollar would fall hard against other world currencies. Big investors, like Warren Buffett, have actually made investment bets the dollar would fall. Why hasn't it happened? Patience, my dear reader, patience. The financial markets…
The late-day surge in the markets was definitely something investors and traders wanted to see, reflecting the emergence of buying support at the recent lows. Market breadth was extremely strong on Thursday, with buying on very heavy volume, which helped to confirm the underlying strength of the rebound.…
The floodgates of help from the government continue to open in the United States. It's now believed that Congress wants to use the remaining $350 billion of the $700-billion Troubled Asset Relief Program ("TARP") to reduce interest rates on consumer mortgages and to forgive some mortgage principal. As…