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The language out of Wall Street today is enough to scare you silly. Crisis. Fire sale. Brink of collapse. Titanic mess.
Late last night the news spread that JPMorgan Chase and the Fed have engineered a takeover of floundering Wall Street bad boy Bear Stearns.
A year ago, when the bonuses and bull were flying high, Bear [...]
In the world’s hyper-ventilating global stock markets, the bleeding has slowed, for the moment.
After two days of outright panic on markets in Bombay and Hong Kong and across Europe, the US Federal Reserve Bank jammed through a huge rate cut. President Bush and Henry Paulson and Congressional leaders hustled to a big photo op, talked [...]
Lucky you, if you rode the red-hot Chinese stock market over the last few years. Between 2003 and last fall, the Shanghai index was up 300 percent. Domestic A shares were up 500 percent in two years. We’re talking epochal money here.
Now, with money pros wondering if it’s about to go bust, super-investor Jim Rogers [...]







