Posted by Jeflin on November 1, 2008
Red October, one of the worst month in Wall Street history, ended on a sweet note on Friday as stocks rallied to cap a week of impressive gains. For the week, the Dow Jones was up 10.1%, S&P 500 was up 9.5% and the Nasdaq had gained 9.8%.
There are storm clouds gathering but at the moment, investors are caught up in the euphoria and unmoved by grim economic indicators. Read the full article here.
Posted in Banking, Business, Economy, Inflation, Stocks | Tagged: banks, Business, Economy, Inflation, investment, investors, stock market, Stocks | 1 Comment »
Posted by Jeflin on August 28, 2008
Hurricane Gustav is set to bring cheers to the battered oil and commodities market as it heads towards the Gulf of Mexico. Oil prices briefly touched $119.63 per barrel on the New York Mercantile Exchange before falling back to $118.15 a barrel Wednesday.
What is the possible extent of damage from Hurricane Gustav?
Read the full article here.
Posted in Business, Economy, Inflation, Oil, Stocks | Tagged: commodities, commodity, Economy, Gulf of Mexico, Hurricane Gustav, Inflation, investment, investors, New York Mercantile Exchange, oil drilling, oil prices, oil traders | Leave a Comment »
Posted by Jeflin on August 5, 2008
The Straits Time Index was down 15.57 points to close at 2860.51 Tuesday, a relatively muted response (fortunately) amid regional markets turbulence.
The stock market desperately needs a stimulus and what better than to see Dow Jones rallying by 331 points, reversing 3 consecutive loss sessions.
I expect stocks on the SGX to rally today and UOB gave me a pleasant surprise. Read the full article here.
Posted in Alternative Energy, Banking, Business, Economy, Inflation, Oil, Stock Indices, Stocks | Tagged: Banking, Business, Economy, Federal Reserve, financial firms, Inflation, investments, investors, Oil, profits, Stocks, UOB | 1 Comment »
Posted by Jeflin on July 8, 2008
Tongue in cheek…
Don’t you just miss the “good old days” of former Federal Chief, Alan Greenspan?
Look at how Bernanke is struggling to prop the economy and handle inflation. Things were much simpler during Greenspan’s days.
Read the full article at http://jeflin.net
Posted in Banking, Economy, Inflation | Tagged: Alan Greenspan, Banking, Bernanke, Economy, Federal Reserve, fraud, Inflation, money printing machines | 2 Comments »
Posted by Jeflin on July 7, 2008
The ST Index closed Monday at 2934.12 after a slight rebound of 41.58 points. Regional markets performed strongly as well. But don’t get all excited just yet. A recovery depends very much on what surprises Wall Street have in store for us.
Read the full article at http://jeflin.net
Posted in Banking, Currency, Economy, Inflation, Oil, Stock Indices, Stocks | Tagged: Banking, Dow Jones, Economy, Inflation, Lehman, Nasdaq, Oil, S&P 500, ST Index, stock market, Stocks, Wall Street | Leave a Comment »
Posted by Jeflin on July 6, 2008
With inflation spiraling out of control, purchasing gold for your portfolio sounds like a no-brainer but sometimes when investments become too simple, a lot of people hesitate to act.
Major indexes experienced double-digit declines and investors took flight, this is the story of US stock market in the first half of 2008.
Read the full article at http://jeflin.net
Posted in Banking, Currency, Economy, Inflation, Oil | Tagged: bear market, Dow Jones, gold, Inflation, investments, investors, Oil, portfolio | 4 Comments »
Posted by Jeflin on July 1, 2008
We all know the catch-22 situation facing the Federal Reserve… stagflation . A stagnant economy coupled with rocketing inflation.
At the rate oil is increasing, we can expect our daily products to double in prices within the next 2-3 years.
Read the full article at http://jeflin.net
Posted in Banking, Economy, Inflation, Oil, Stocks | Tagged: credit crunch, Economy, Federal Reserve, housing crisis, Inflation, oil speculators, stagflation, stock market, Stocks, US Dollar | Leave a Comment »
Posted by Jeflin on June 5, 2008
Bull vs Bear battle rages on in the Singapore stock exchange. The Straits Times Index increased by a mere 9.09 points to 3143.89. Trading volume was weak at 1002.7 million. Gainers/Losers stood at 234/268.
To me, such a market performance is poor especially when we consider a multitude of positive news for the US economy.
Read the full article at http://jeflin.net
Posted in Banking, Economy, Entrecard, Inflation, Oil, Stocks | Tagged: banks, bear, bull, depression, Federal Reserve, Inflation, Oil, SGX, stock exchange, stock market, Stocks | 1 Comment »
Posted by Jeflin on June 3, 2008
The red ink continues for the second straight day on the Dow Jones, even the sprightly oil sector was not spared.
Oil prices was hit by a strengthening dollar after the Fed chairman, Bernanke said the economy remains under pressure, but he is unlikely to cut interest rates again soon.
Read the full article at http://jeflin.net
Posted in Banking, Economy, Oil, Stocks | Tagged: automobile, Banking, Dow Jones, Economy, Federal Reserve, General Motors, Inflation, Lehman Brothers, Oil, Stocks | 3 Comments »
