Here is a post from Bob Pisani's blog Trader Talk on CNBC. Talks about the down day yesterday and all the factors that lead to it. I'm looking for a good article about the monoline insurers that explains the situation in a little more detail. Also in the article he mentions the Philadelphia Fed's statement which was the catalyst that sent JOYG down yesterday. Here is a link to an article.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=azswzsgeOVws
skip to main |
skip to sidebar
Staying on top of financial market news is and has been critical to the success Michigan Interactive Investments has experienced since its inception in 1998.
Wolfram Alpha
Search the MII Blog
Custom Search
Visit Michigan Interactive Investments
Blog Archive
-
▼
2008
(271)
-
▼
January
(48)
- The Fed cuts 50 bps
- Breakingviews Plug
- The Stimulus Debate
- State of the Union Address
- A Wonderful Opportunity
- The Cut
- The Fed 101, Part 2: Fed Funds Futures
- Asset-Backed Securities Desks="Rogue Trader"=no ch...
- Tale of the Tape: Bernake 2007 v. Greenspan 2001
- Cold Vaccine?
- Creative Capitalism
- Mr. Volatility and Mrs. Bear Market
- The Fed 101: Part 1, What the Fed Does...
- Dow to 15,000 by Jan 1, 2009?
- Retail Soars
- Interest Rates
- Drop the herd mentality...
- Global problems
- Good News for SLB?
- Bob Pisani
- SLB Earnings
- Mad Money: Trump: 'We're in a Recession' - Mad Cap...
- MOre Altria
- Bernanke, Bush Support Economic Stimulus Plan - Ec...
- Joy Global
- MUST SEE CNBC
- Lollipop Economics
- Steve Jobs...
- Recession Election... 1992 all over again?
- Regional economic outlook...
- The Education of Ben Bernanke
- Is Goldman having any doubts?
- Summers speaks to Congress...
- It's the Fed' fault...
- OPEC vs. Bush
- SCOTUS decision may affect market
- Retail sales better than you think
- Do presidential candidates drive what they preach?
- Exercpt from TDAmeritrade's "Individual Investor" ...
- R-Word Index
- Michigan Primary Today
- Maria Bartiromo talks politics
- "The Black Swan"
- Insider Trading at I-banks or Coincidence?
- Which Came First: The US or ROW?
- Ben Stein wants rate cuts...
- Fed to talk to us more... WSJ
- Mortgage Crisis 101
-
▼
January
(48)
Posts
Disclaimer
All opinions expressed on this blog are those of the respective authors, and do not reflect the opinions of MII, the University of Michigan, or their parent company or affiliates. The above opinions are based upon information we consider reliable, but we do not warrant its completeness or accuracy, and it should not be relied upon as such. All of our statements and opinions are subject to change without notice. No authors of this blog receive compensation related to the specific opinions expressed. Authors may have positions in investments discussed above.
Past performance is not indicative of future results. Neither MII nor the Blog's authors guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the blog. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested.
Investments or strategies mentioned on this blog may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on the blog.
Before acting on information on the blog, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
Please contact us here with any inquiries.
For additional information, please visit our website at www.miiclub.org
Past performance is not indicative of future results. Neither MII nor the Blog's authors guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the blog. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested.
Investments or strategies mentioned on this blog may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on the blog.
Before acting on information on the blog, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
Please contact us here with any inquiries.
For additional information, please visit our website at www.miiclub.org
1 comment:
I don't know if it's still available online, but a good explanation of the monoline insurers and their current situation in pretty good detail is Bill Ackman's (of Pershing Square Cap.) presentation at the Value Investing Congress.
http://pershingsquare.valueinvestingcongress.com/
Post a Comment