3 books about global economy you should read

If you haven´t read anything yet by Joseph E. Stiglitz, you really should. Here is what the buzz currently looks like:
About “Freefall: America, Free Markets, and the Sinking of the World Economy”.
Amazon: Written by a Nobel Prize recipient, a graduate of President Bill Clinton’s Council of Economic Advisors, and a stout advocate of Keynesian economics… [...]

  • Share/Bookmark

Rebound on Asia lead and easing Goldman concerns

Posted in Global Report

Asian stocks closed above the fold on Tuesday after the Monday dip on contnued concerns of ned Bank scrutiny measures triggered by the fraud accusations on Goldman Sachs.
The improved sentiment also reflects a slight improvement with the Greek situation and a ever so slightly European relief from the Iceland volcano ash cloud that is having [...]

  • Share/Bookmark

Are you ready for the tumble?

Posted in Forecasting

Looks like we may have a tumbling Dow opening that builds on the weak Friday and Asia backing a bit. Citigroup waving their 4.4 billion profit flag may but a brake on things but the Dow Jones 11000 milestone will probably be breached.
On a sidenote – more than might yet have been entered into forecasting [...]

  • Share/Bookmark

Is Goldman Sachs a crooked bank?

Posted in News

If you visited Dow Live yesterday you would have found us proposing a positive friday, perhaps even a bit of a rally. How ironic that Goldman Sachs, after being a central entity in the earlier collapse, now also manages to break the slight grain of positive movement the markets have seen lateley.
Charged with fraud by [...]

  • Share/Bookmark