October 2008
October 28, 2008 –
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RELATED TICKERS: JPM
, BAC
, AXP
We all know by now that the credit crisis was sparked by mortgage losses. As a result, investors have yet to pay much attention to the potential losses on other forms of bank lending, including credit card loans. They should. In particular, investors should be tracking... [more] [more]
October 27, 2008 –
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RELATED TICKERS: XOM
, BAC
, MSFT
I'll grant you, the current crisis is unusual in its breadth and intensity, forcing us to look back to the Crash of 1929 for reference points. Seven consecutive days of market decline? Never been seen until this month. The worst weekly performance in stock market history? It's all right here, folks. [more]
October 14, 2008 –
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RELATED TICKERS: WFC
, JPM
, BAC
I woke up this morning to find out that the federal government had appropriated for itself partial ownership of a bank -- Wells Fargo (NYSE: WFC) -- of which I am a shareholder through [more] [more]
October 13, 2008 –
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RELATED TICKERS: BAC
, STI
, KEY
When Bank of America (NYSE: BAC) announced last Monday that it would halve its dividend, the market wasn't impressed. But B of A is just the most prominent name among a long list of (...) [more]
October 11, 2008 –
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RELATED TICKERS: BAC
, GE
, MSFT
Everyone is feeling the pain of the market's dramatic decline right now, but how you manage the situation can ultimately make a difference. These five steps can help you get your footing back (...)
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