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Now, Why Do You Think They Didn’t Do This LAST Week?
Today the Federal Reserve announced they are buying over $100 Billion in short term commercial paper. The idea is this will begin to free up the credit markets.
But, why didn’t they do this last week before the bailout bill was forced down our throats?
Yeah, I know what you are thinking, but no. The Federal Reserve’s [...]
Wait, You Mean The Financial Markets Didn’t Crash?
Yes, actually I am being facetious.
After the House failed to pass the bailout yesterday the DOW took a 777 point tumble. Today, it regained 485 points. Yes, it is still down…
But, the world financial markets did not crash.
Many argue the market is “holding on” because everyone knows a bill will be passed later this week.
Probably. [...]
