Accumulating wealth is like building The Great Wall, one brick at a time
Category: VideoBy Sun on Feb 3, 2008 in Video | 2 Comments
Recap of the week
So January finally ended.I guess everybody is happy that the toughest January in years is over. The stock markets started the new year with a noise dive, with the Dow plunging nearly 500 points in the first five trading sessions. By the time when the index lost nearly 1000 points, the Fed […]
By Sun on Dec 1, 2007 in Video | 3 Comments
US equities were lifted last week by hints from top Federal Reserve officials that another rate cut could be coming in the next FOMC meeting in early December. Stock markets opened the last trading week of November on a down note with the Dow posted yet another triple-digit lose on Monday after the strong post-Thanksgiving […]
By Sun on Nov 18, 2007 in Video | 2 Comments
The stock markets were again under pressure last week after more bad investments were revealed by financial companies, which have dominated the headlines lately. The only bright spot last week was Wal-Mart which saw its shares up more than 8% in the past 5 trading sessions. Earning forecasts from other retailers such as JCPenny, Macy’s […]
By Sun on Nov 11, 2007 in Video | 1 Comment
Another tough week for stocks as the subprime mortgage pot continued to boil and more and more banks came out with big losses due to bad investments. After Merrill Lynch, Citi also ousted its chief executive last weekend, but that didn’t help its shares from slumping to the lowest level in more than 4 years. […]
By Sun on Nov 4, 2007 in Video | 0 Comments
It wasn’t a pretty start of a new month for the stock markets. One day after getting a boost from the Federal Reserve’s a quarter-point rate cut, stocks took a nose dive on Thursday after Exxon Mobile reported a loss in quarterly profit and CIBC issued warnings that Citigroup may cut its dividend. Though the […]
By Sun on Oct 27, 2007 in Video | 2 Comments
Stocks finished the trading week with a triple-digit gain of the Dow on Friday as strong profits report from software giant Microsoft lifted technology stocks and bullish forecast from the nation’s largest mortgage provider Countrywide boosted the financial sector. What happened in the middle of the week was more interesting. For each day from Tuesday […]
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