Wells Fargo: $3 billion in Earnings Spark Stock Boost

US bank Wells Fargo has announced that it expects $3 billion in first-quarter 2009 earnings. Wells Fargo acquired Wachovia last year for $15.1 billion, and now Wachovia is contributing nearly half of the combined company's earnings.JPMorgan Chase and Bank of America are also...

How 'animal spirits' move the stock market

Rita Hritz knows several people who have lost more than $100,000 in the stock market recently, and she's not taking any chances:" She pulled out of the market in 2005 because she was tired of the ups and downs, and...

Short, Naked, Crooked, & in Charge

"Anyway, I keep picturing all these little kids playing some game in this big field of rye and all. Thousands of little kids, and nobody's around - nobody big, I mean - except me. And I'm standing on the edge of...

Tap Dancing News Update 1/30/9

All the news that's fit to tap. Feel free to hum along.

$50bn Fraud Revelation. A Tip of the Iceberg Causing a Recession?

The Bernard Madoff revelation – The LARGEST EVER FRAUD [ alledged ] in ELECTRONIC TRADING costing Investors some $50 Billion and all UNDER THE EYES of the US Securities and Exchange Commission [ SEC ]. The same person whom was a former chairman of the Nasdaq Stock Market...

Peter Schiff and His Economic Predictions

"There's a popular YouTube clip called "Peter Schiff Was Right" that shows the president of Euro Pacific Capital engaged in on-air debates with financial luminaries such as Art Laffer and Ben Stein, circa...

After losing in stock market, 2 MBA students kidnap boy in New Delhi

Police in the Indian capital New Delhi have arrested two management graduates who had kidnapped a schoolboy for ransom after losing their money in the stock market meltdown.The two men allegedly hired goons and kidnapped a 14-year-old boy from a southern Delhi...

Economic Forecast 2008

Rich Hadley, CEO of Greater Spokane Incorporated, discussing the current economic situation of our nation and of the Greater Spokane region. Randy Barcus, Chief Economist of Avista Corp., discusses the current...

British Columbia perspective: Economy is a Pyramid Scheme designed to fail

Victoria, BRITISH COLUMBIA -- Why can't anybody see this 'economy' is a complete farce? Seriously, wake up and use your critical thinking skills for just a minute. This is a pyramid scheme designed to fail that...

And now for something completely new: charities put shares on the stockmarket

These days, stockmarkets stand out in only one thing: they crash like there is no tomorrow. However, here is something different. In many ways. The Canadian Women's Foundation (CWF), a national public foundation...

UK conservative Party Are Credit Crunch Losers

A recent ICM survey for the News Of The World shows that voters are in support of Prime Minister Gordon Browns handling of the global financial crisis caused by the worlds merchant bankers. 43 percent of those polled believe that the Labour government have ...

Beat the Dow Blues in Seattle with Chow Foods Instant Bailout (October 16)

Still wondering if the mega bucks bail outs around the globe will work their magic, here's a cure with guaranteed results. On Thursday, October 16, from 5 to 10 pm all Chow Foods restaurants in Seattle (Coastal Kitchen, Atlas, Endolyne Joe’s, 5 Spot, The Hi-Life, Mioposto)...

Global Shares Slide Along with Eastern Markets

Update: Wall Street is following suit, with trades resulting in an overall drop so far."Stocks wavered at the start of trading, seeking a direction after the previous session?s steep dive, then turned sharply...

FTSE 100 Drops, Global Recession Fears Rise

London's stock exchange closed just over 7% down today, mired by underperforming mining stocks. Now the word "recession" is getting used a bit more often.The European bailout plan was not the magic pill that some...

Some more maverick thinking

"Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market is a book by James K. Glassman and Kevin A. Hassett. It was published in 1999, shortly before the dot-com bubble burst, and predicted that the Dow Jones Index would rise to 36000 within a...

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