Stimulate This

2009.02.24

dow2-23-09.jpg I’m really seeing the fruits of that hard fought stimulus package, right about now. Or maybe this is just a reaction to Oscars, Hahahah. Wouldn’t it be awesome if bankers had a Wall Street equivalent of Hollywood’s Oscars? All of the Wall Street players could have a big televised party  where they get together,  blow smoke up each other’s arses  and give each other awards on TV. Don’t forget to mix in some extremely biased political views during the award speeches. Why not? I feel like Bernie Madoff and John Thain are probably as notorious as Sean Penn, these days.

Categories : Business   Celebrity Crap   Politics
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Author: Ted Swenson

Do I smell a rally?

2008.11.21

For the love of all that is good and holy, I hope so. It always amazes me how cyclical the global markets are. The Japanese indices had gains, we have gains. Sometimes I can’t help but think of a dog chasing it’s tail.

Update: 4:15 P.M.– aaaannnnd, we are (barely) back above 8000.

Categories : Business
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Author: Ted Swenson

Hold on to your hats

2008.10.06

Cue, dive bomber sound effect. the Dow has now dropped almost 7 points and continues in the same trend. We still have 3 hours before the market closes. Any bets on if the margin of loss will be as big as last Monday?

Categories : Business   Politics
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Author: Ted Swenson