Tag: financial crisis
The Baltic Dry Index Signals Crash!
Baltic Dry Index Hits Record Low… Over the past few weeks, we’ve discussed important economic factors and data points suggesting a recession and big market downturn is looming in 2016. From horrifically weak Chinese economic data to outrageously poor performance in the commodities space, there are plenty of signs suggesting global growth is screeching to a […]
Former Blue Chips Are Now Penny Stocks
Just this morning I was in line at Starbuck’s. I’d gotten there before the usual morning crowd. It was quiet and peaceful. Still half asleep, I listened to the soothing jazz music. I was really looking forward to that cup of coffee. All of a sudden these two guys barged through the door. Their voices […]
What To Do When The Market Crashes
We find ourselves living in uncertain times . . . and no one knows it better than my grandfather. He lived through the great depression. He was old enough to remember the mass layoffs and the turmoil in the economy. He remembers stuffing cardboard into his shoes to make them last longer. I enjoyed a […]
JP Morgan & The Fed Try To Rescue Bear Stearns
Today major news hit the markets and we’re down more than 230 points on the Dow. This is getting scary folks and is no joke. In the last 24 hours, investment banking giant Bear Stearns (BSC) suffered a major liquidity crunch and is on the verge of collapsing. JP Morgan Chase (JPM) and the Federal […]
