21Feb/091
Bank Talks: Fear of Nationalization?
Posted on Feb 21st, 2009 @ 1:54 am by CY
After a hellish week in the stock market, a pop in the coming week is expected and inevitable. Even though BAC and C went down a lot this week, I believe that they will come back up. As soon as rumours of nationalization get cleared, they will no doubt turn around. I may be wrong, [...]
Tagged as: bank of america, banks, bear market, bear stearns, citigroup, countrywide financial, hope, JP Morgan, merrill lynch, nationalization, overreaction, stimulus plan, washington mutual, wells fargo1Dec/080
US in Recession: It is Now Official!
Posted on Dec 1st, 2008 @ 11:59 pm by CY
Sometimes, the early bird gets the worm. The “news” of US recession is almost a year old. Like everything else, by the time the news reaches the general public, it is already too late. Many people already knew that we are already in recession but others are too naive to believe it and face the [...]
Tagged as: automakers, bailout, bankrupt, bear market, debts, ford, gm, jobs, oil, recession