Tag: credit crisis

Get Ready For The Next Bull Market

| October 4, 2011 | 0 Comments

It’s tough to be bullish on anything right now… The S&P 500 has fallen 19% since its April 29th high.  A 20% drop signifies the start of a bear market… Who wants to own stocks at the beginning of bear market?  I know, I don’t! Right now, it obvious the market wants to move lower. […]

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Pawn Shops Benefit From Credit Crunch

| June 11, 2008 | 0 Comments

Last weekend I witnessed a most unusual sight.  I pulled into the parking lot of a small strip mall in Northern Arizona.  I was on a mission to pick up some needed essentials for dinner.  As I got out of my car I noticed people parked in the Ford Explorer right next to me.  They […]

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Credit Card Defaults To Increase Losses For Banks

| June 6, 2008 | 0 Comments

The credit crisis in the financial community continues.  Despite the markets rallying off of mid-March lows, we’ve been hit by a string of bad news.  Starting it off was Wachovia (WB).  The board of this $43 billion bank ousted their senior management.  The shares promptly fell to a new 52 week low. Then came Webster […]

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