Subprime Returns to the Street
What a way to start the month!! Wachovia ousted their CEO, Standard & Poor’s lowered their ratings on three Wall St brokers, and the market cracked by about –1% as measured by the S&P 500. I also spotted an article at the WSJ blog that featured a Q&A session with the senior investment...
Tech in the News
Survivors of the last Bear Market (2000-2002) remember it well. The Nasdaq fell from tremendous heights. Getting slammed when the Tech bubble burst, it lost -76% of its value. Though it’s gained some traction in the past few years, the once-enviable tech index is worth half its January 2000 value....
