Archive for the 'bailout' Category

CPI - Housing Starts - FOMC Minutes - To Break Trend?

Tuesday, November 18th, 2008

Dollar Rally Pauses - Charts Tell The Story
The Dollar may be poised to retrace as several bad numbers are out again so far this week, GM is still teetering on either Bankruptcy or Bailout, and Wednesday is bringing CPIand Housing Data that may poke the charts around a bit. Take a look at the following three […]

PLAN DENIED - POLITICS REIGNS - ACCUSATIONS FLY

Monday, September 29th, 2008

Bailout - Recovery  - Stabilzation Plan - REJECTED
The drama just got turned up a notch, as the US House voted 228 against vs. 205 for approval of the $700 Billion crisis. Stocks initially cratered over 700 points with more floor traders in the NYSE than has been seen in years.
US Dollar Stable after Initial Spike Down
The […]

Busy Week Ahead as Crisis Compromise Awaits

Saturday, September 27th, 2008

Financial Markets in the Hands of Congress - Working Through the Night
The Deal - No Deal Congressional Watch Continues into Sunday Morning as the $700 billion “Rescue-Bailout” plan seems to be grinding pork and other by products into a nauseating sausage making spectacle. The House commitee gave a press conference at 12:30am with comments that  […]