This indicator really told the story of how far over-bought the market was, and how far it could drop to reach the bottom
How can it be positive for the Government to seize control of the largest insurer in the world? The best thing to so is allow the company to fall into liquidation
This is putting pressure on money markets and creating a real threat to average investors and that is why the Fed put $50 billion in the hat, to help maintain money market funds.
If citizens of this country are deep in debt, then why do they expect the Federal Government to be any different?
How much of the Brokerage Failure has to do with politics? Seems like quite a bit! Just like the easy money of the Roaring Twenties, the easy money of the recent times can easily lead to a new Depression.
Why would George Bush’s administration do that? It gave us economic strength and strained the other countries. It was a way of raising tariffs in a sense without creating new tariffs in fact.