Posted by Jeflin on March 2, 2009
A new month, but it did not bring new hopes. This week’s stock market opening wasn’t any different as it continues to test new low. Asian bourses were jolted by bleak data while Wall Street fell to fresh 12-year lows on heightened fears about the murky financial sector.
AIG announced $62 billion losses (a cool $460,000 per minute) and a third bailout package was injected which brought the insurance giant closer to becoming absolutely owned by the US government.
Read the full article here.
Posted in Business, Economy, Stocks | Tagged: Business, Economy, investment, investors, Warren Buffett | Leave a Comment »
Posted by Jeflin on October 11, 2008
The credit crunch is now the most critical challenge facing the US administrators and central banks around the world. Without loans to lubricate the system, perfectly sound businesses may not be able to meet short-term obligations, and consumers’ reluctance to purchase goods/services will force the economy into seizure with more shutdowns and rising unemployment.
Read the full article here.
Posted in Banking, Business, Stocks | Tagged: analysts, Banking, credit crunch, investment, investors, liquidity, stock market, Stocks, Wall Street, Warren Buffett | 1 Comment »
Posted by Jeflin on October 2, 2008
A dreadful scenario that has been bothering investors is that this recession drags on for years and stocks simply do not go anywhere. For the purpose of discussion, let’s assume that instead of a 1-2 year bounce back, the economy is indeed stagnant or experiences low growth for the next decade, resulting in mediocre returns from the equity markets.
Read the full article here.
Posted in Banking, Stock Indices, Stocks | Tagged: Banking, Dow Jones, Great Depression, investment, investors, stock market, Stocks, Warren Buffett | Leave a Comment »
Posted by Jeflin on September 26, 2008
For some time now, weekends spell a period of trepidation for investors as the Pandora’s box is opened. Bizarre announcements of historical takeovers, bankruptcies and government interventions left investors grabbing for straws in a cesspool when trading resumed on Mondays. Read the full article here.
Posted in Banking, Business, Stocks | Tagged: Banking, Goldman Sachs, investment, investment banks, investors, stock markets, Stocks, Warren Buffett, Washington Mutual | Leave a Comment »
Posted by Jeflin on July 2, 2008
Inflation of money supply is responsible for speculative bubbles. Consider this scenario.
A farmer owns a piece of land, working hard day by day, and he has money (say $50,000), deposited in the bank. Assuming the bank’s reserves …
Read the full article at http://jeflin.net
Posted in Banking, Currency, Economy, Inflation | Tagged: banks, capital, deleverage, Economy, fiat currency, interest, monetary system, money, money supply, products, services, speculative bubbles, Warren Buffett | Leave a Comment »
Posted by Jeflin on June 11, 2008
A few days ago, I read with interest a bet between Warren Buffett, CEO of Berkshire Hathaway, and Protégé Partners LLC, a New York City firm that runs funds of hedge funds.
It is supposed to have a solid reputation of selecting the best hedge funds for its clients and keeping away from the laggards.
Read the full article at http://jeflin.net
Posted in Hedge Funds | Tagged: fees, funds of hedge funds, Hedge Funds, investors, Long Bets, mutual funds, Protégé Partners, S&P 500, Vanguard, Warren Buffett | Leave a Comment »
Posted by Jeflin on May 24, 2008
In recent months, amid the housing slump and credit crunch, US economic growth came to a standstill and many economists believe the world’s largest economy is heading for a recession.
Read the full article here.
Posted in Economy, Properties | Tagged: credit crunch, Economy, housing slump, recession, stock market, Stocks, US economy, Warren Buffett | 2 Comments »
