Is it better to panic when you hear about bank failures or to plan for them? Ultimately, it's your choice.
Dollar Doldrums
The U.S. Dollar, once one of the world's strongest currencies has been so dramatically damaged by the current economic crisis that it may need a highly unlikely bailout.
FED Acts in Rare Weekend Rate Cut
The Federal Reserve, in what can only be described as an extremely rare weekend action, boldly moved Sunday night to provide lower the discount rate from 3.5% to 3.25%, along with additional actions to provide cash to Wall Street investment houses that may be financially squeezed. The unique action intended to prevent a spreading credit crisis from crushing the American economy.
Federal Reserve Lowers Rate .75 Basis Points
Early this morning, the Federal Reserve Bank lowered both the market rates and discount rates in an emergency move to stave off an anticipated major sell off in the markets.
The Bubble Bursts
Real estate values are dropping, following an unprecedented run of annual increases. Is it a market correction or longer term phenomenon?
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