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By Shaun le Roux How the seemingly endless summer became the perfect storm Before subprime exposed the first cracks in the pyramid scheme that once was first world investment banking, it felt like financial nirvana would be with us forever. Right now, the first half of last year feels like a [...]
Source: Phil’s Stock World, October 20, 2008.
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This post reports on the results of an opinion poll about the outlook for the US stock market, and also discusses the impact of the tightening of credit spreads. [...] More on this topic (What's this?) The Dow Reaches a Four-Year High (Wall Street Daily, 5/2/12) DJIA Chart – Trading Channel or Not? (My Trader's Journal, 5/13/12) Dwolla: Threat to the Financial Services Industry? (Investment U, 4/24/12) | |||||||||||||||||||||||||
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