Financial

Citigroup in Trouble

The past week has been a brutal one for the bank I’ve patronized since I was a child. An uncertain market beat up the stock price all week long. The NY Times wrote a very telling article about the things Citi did to help…

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Wow, what a Monday?

Biggest one-day gain in Dow history. Just when I think I have things figured out, tomorrow will be a completely different day with the bond markets re-opened. On a separate note, here’s a good article on Apple. I’ve been an Apple guy for about…

New Question: What will Monday bring?

Thanks to someone reading the blog, I now know that *just* the bond market will be closed today. This means that Treasury bonds won’t be bought or sold, so I have no idea how the market will react to that. For that matter, I…

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What will Tuesday bring?

We saw the worst week of our lives on Wall Street this week. While this should have been scary for me, the sum total of my investments are some sizable IRAs, which I’ve had enough discipline not to check the balance of. After the…

Financial Fallout

This has definitely been a scary few weeks. I have a friend who had to declare bankruptcy and shut down his restaurant. I have friends and family that have lost thousands of dollars a day over the past few weeks. And a month later,…