Many big banks return to profitability

However the stock market declines again.  I never claimed to be a financial genius but I would think that major banks making a few billion would help the market.  Guess not.  I think this will become known as the Great Recession but it’s doubtful we’ll see a depression.  For those studying the psychology and modern [...]

Bear market doesn’t do it justice

The bears were out in force yesterday driving the Dow to the lowest level in 12 years.  Since I’ve had a 401k I haven’t seen it suck this bad.  Returns last year were nearly -50%.  The government is trying to bail out more and more companies and the ship keeps sinking.  People are seeing their [...]