Category Archives: Wall St.

Down Dow

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As I post this the Dow is up 175 points.

Hillary Fixes Wall Street

151117 Wall StreetHillary didn’t appreciate Bernie Sanders’ comments about her millions and millions in contributions from Wall Street. Bernie thinks big shot investment bankers expect a return on their investment in Hillary.

Hillary took offense. She said Bernie had questioned her integrity. Who doesn’t?

Hillary immediately threw down the gender card, claiming most of her contributions come from women. Then she played the 9/11 card. She reminded us that she was a Senator from New York. And  that New York had suffered an attack by Islamic, well, terrorists on 9/11. And that the attack happened near Wall Street. All that money was for Wall Street repairs.

Fed Up

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The Fed has kept the stock market and, so it claims, the U.S. economy afloat with low interest rates. The Dow lost 1500 points in the past week. World economic growth is stuck in the mud.

And with interest rates near zero, the Fed is low on flotation devices.

If income inequality is your thing, cheer up. Jeff Bezos lost $2.6 billion on Monday. Bloomberg has the fat cat score card here.

Gas War

141217-gas-warThe world wide gas war is leading to the biggest decline in inflation in 6 years according to WSJ.

Business Insider says Tesla is Tanking.

Conspiracy Theory

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It must be a conspiracy. The stock market lost all its gains for the year this past week. So naturally as I post this the markets are soaring.