Merry Christmas! I hope everyone enjoys the holiday. The markets were closed today, but hopefully, Santa Claus delivers in the next week.
Entries from December 2008
Merry Christmas!
December 25th, 2008 · 1 Comment
Fed Cuts Rate to 0-0.25%
December 17th, 2008 · 1 Comment
Big news Tuesday: Fed cuts target for key rate to record low to a range between 0 and 0.25 percent. This was more than the expected cut of half a percent and should definitely have some downstream effects for credit-crunched consumers.
The Twelve Days of Christmas Inflation
December 12th, 2008 · 1 Comment
We’re all familiar with the holiday carol, the Twelve Days of Christmas, which rattles off a series of gifts received from a lover. Now, it appears that the total cost of those items has increased 10.9% this year to $86,609. That’s quite a chunk of change so I hope that lover has deep pockets especially […]
Tags: Holidays
Recession…Dun Dun Dun
December 2nd, 2008 · 1 Comment
The funny thing about economic recessions (as well as expansions) is that you don’t know if you’re in one until after the fact. And it looks like what everyone has been fearing was finally confirmed on Monday: the U.S. is in a recession and has been since December of last year.
This probably comes as no […]
Tags: News