In 2008 the Dow Jones Industrial Average lost 34%

Bear Market

This past year was a horrible year for 401(k)'s, IRA's, and personal portfolios.  The Dow Jones lost 34% in 2008 and since hitting 14,000 in Oct. 2007 the Dow has lost 37%, closing out the year at 8,776.

Media Infatuation with President Elect Obama Disturbing

Barack Obama

Are they aware we are in a perilous econimic period? Ought that not be more important than his choice of clothes?

Marc Faber: Head for the Matresses

Bear Market

Those easily depressed ought not watch..

Scariest Chart in The World


If a chart of your mutual fund investment looks like this over two decades........get out

The Fed's Dramatic Cut.....Bad News

Ben Bernanke

Yesterday's rally in the Dow (INDESDJX:.DJI) and S&P (INDEXSP:.INX) is a suckers bet...

Huge Gains After Fed's Incredible Rate Cut

Ben Bernanke

Wow, federal funds rate to a range of 0 percent to 0.25 percent, the lowest level on record and the first time policy makers have set a range for the instead of a specific target.

Don't Fall For "Falling Foreclosures" Headlines

Housing and Money

The important part in in the middle of the release

Pending Sales of Existing Homes down .7%

Housing and Money

Not a huge surprise here, Americans signed less contracts to buy previously owned homes in October as credit markets seized, signaling the housing slump will extend into a fourth year.

Famed Bear Bill Fleckenstien Closes "Short Only " Fund

Bill Fleckenstien

Perhaps a sign the worst is over?

52% of Modified Mortgages in Default Again

Housing and Money

So, tell me again why we are helping people who made an awful choice the first time?

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