November Market Report – Sturm und Drang
Economy Sturm und Drang, a German movement emphasizing extremes of emotion, translates roughly to Storm and Stress and that seems an accurate description of the current state of affairs. The storm is the “credit crisis” which has become a convenient scapegoat for everything, from cash strapped local governments to the flailing Big Three automakers who .. read more
On November 19th, 2008,
posted in: Markets by Joseph Y. Calhoun Tags: complete market report, Credit crisis, economic report, financial markets, inflation, Market Updates, november market report, short term funding
Fear and Loathing In The Markets
We were somewhere around 14,000 on the Dow when the delusions began to take hold. The economics babe was talking about how she hadn’t had so much fun since ‘99 and the bear visions had diminished to the point where I was loathe to mention them lest someone accuse me of seeing ghosts. The sub-prime .. read more
