financial markets

Investors cashing out investments buttress behavioral research

harminka — Tue, 28 Oct 2008 14:07:12 -0500

Individual investors are liquidating their holdings at record levels as financial markets sink, often absorbing losses to avoid possibly worse pain later. Contradicting the counsel of many financial advisers, it also flies in the face of widely accepted behavioral theory and reinforces recent research by Michigan State University scientists.

Libor Leaps Higher As Banks Continue to Hoard Cash

admin_huliq — Tue, 30 Sep 2008 11:29:58 -0500

Overnight Libor settled at 6.88% in London and three-month Libor leapt another 20 basis points to 4.05%, indicating continued severe dislocations in the money markets.

The Emergency Economic Stabilization Act of 2008

admin_huliq — Mon, 29 Sep 2008 00:54:20 -0500

Significant bipartisan work has built consensus around dramatic improvements to the original Bush-Paulson plan to stabilize American financial markets—including requiring a plan to ensure the taxpayer is repaid in full.

Market Perception is Reality

admin_huliq — Mon, 22 Sep 2008 07:58:07 -0500

The buzz last week, of course, had to do with the major steps announced by the president to shore up the markets. The message to both US and world markets was an unequivocal, “we’ll do whatever it takes to stabilize the situation.”

While the bailout is necessary, and what to do next

admin_huliq — Fri, 19 Sep 2008 13:57:11 -0500

There is a fundamental problem with the whole "let Wall Street fail" meme. Here's why a bailout of some sort is unfortunately necessary - the fundamental issue is that it isn't Wall Street's money that's at risk; it's yours - and what should be done in the future.

Global Markets Cheer US Government Financial Rescue Efforts

admin_huliq — Fri, 19 Sep 2008 07:42:21 -0500

Global financial markets are soaring Friday on news the U.S. government is formulating a plan to rescue banks from the bad debts at the center of the U.S. financial crisis.

Wall Street Soars Over Rumors of Repository for Banks' Bad Debt

Iria — Thu, 18 Sep 2008 17:48:32 -0500

Up, down, up, down, and finally up. The Dow Jones Industrial Average (DJIA) finished up 410 points as a wild rally ensued on rumors of the possible formation of a government entity that will take over banks' bad debt.

Another One Bites The Dust

Miles — Wed, 17 Sep 2008 08:01:18 -0500

The decision by Lehman Brothers to file a petition under Chapter 11 of the U.S. Bankruptcy Code, in New York on September 15, is the latest in a swathe of financial skittles being systematically ploughed to the ground by the credit crisis in the West.

Stock Markets Crash On U.S. Financial Turmoil

admin_huliq — Tue, 16 Sep 2008 01:41:39 -0500

Stock markets have crashed and the rupee hit a low of 46 against the US dollar on Monday morning following news of further trouble in the US financial markets.

Market Tumbles on Pervasive Fears of Financial Failures

admin_huliq — Thu, 11 Sep 2008 09:39:14 -0500

Lehman is trading at $4 in pre-market trading. To answer myself from Tuesday's "Will Lehman Go To Zero? Today?" post: Yes, but apparently not until tomorrow.

Bank of America and Genentech Lead Market Higher

admin_huliq — Mon, 21 Jul 2008 09:53:56 -0500

Bank of America gave yet another boost to financial market following less than catastrophic earnings results from the large money center banks last week. It says a lot about the market we're in when a stock can rally 10% on news that it will not need an FDIC bailout this week.

Financial sector losses weigh on Australian market

admin_huliq — Wed, 07 May 2008 03:16:14 -0500

The good gains made in the resources sector today have not been enough to overcome losses made by the banks and the overall market in Australia has closed lower.