November 20, 2007 –
Can someone please tell me what in the hell Ben Bernanke is talking about when he said that, "the FOMC will also target to fight headline inflation..."? [more]
November 20, 2007 –
I must admit.. I don't know much about this. I've read quite a few of floridabuilder's posts (among others), blogs, and other sources and they were all very insightful about the current subprime issues, but I can't recall any deep mention of Alt-A mortgages and their implications. I finally finished Alan Greenspan's book last weekend and it made mention of the vastness of these loans, and I read a blog that stated that the subprime issues we are currently facing are only the tip of the iceberg once Alt-A mortgages begin defaulting. [more]
November 11, 2007 –
I read a post a while ago when we were all enjoying fresh new highs on the major market indexes. The article stated that the last time the Nasdaq reached a new all-time high without the S&P was shortly before the 2002-2003 bear market. (which occured again) [more]