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JakebjohnsonUser
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Wield the Yield
The past week has been a stinger. Stocks have still closed down ten of the last eleven days, retail sales are falling, and core prices rose. We had a huge rally on Monday followed by a two successive days of drops. The $700 billion bailout has started to take shape. It looks like the [...] (What's this?) An Assessment of Bailout Bill Options from a Former... read more
Posted on $published
Where should I start? I keep thinking someone will wake me out of my nightmare. The market has taken a huge nosedive since last week and almost everyone thinks there is more of the same in store for us. The S&P 500 is down over 30% from last year. We are at five year [...]
Posted on $published
The Oracle of Omaha was on the move again today. Last week he stuck $5 billion into Goldman Sachs. This time he took advantage the credit crunch and General Electric (GE) to sink $3 billion into GE preferred stock. GE will pay him 10% on the shares every year and he has an option [...] (What's this?) GE?s Immelt Buys Shares - Should... read more
Posted on $published
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