Blog Detail
Wall Street Mess
http://wallstreetmess.blogspot.com
The blog takes a honest but irreverent at everything which is affecting our economy. This includes Wall Street, Washington, the Federal Reserve and the media.
- Added on: Mar 10th, 2009
- Country: United States
- Language: English
- Author: Tony Daltorio
- Listed in: Investing Stocks & Bonds
- Tags: stocks gold investing bonds commodities currencies
Recent Posts
The Treasury Market Bubble
Recall how the US banks bolstered their balance sheets by swapping the putrid toxic mortgage backed debt for US Treasuries? To me it seemed like a bad idea at the time, but now it seems like a looming disaster. It looks quite possible that th...
Gold Is King Everywhere But in the US, Where Goldman Is King
There was major news out yesterday as the International Monetary Fund (IMF) announced that they were selling 200 tons of gold to the Reserve Bank of India. India has joined China and other nations around the globe in diversifying out of the US dollar...
The US Economy Is Still Struggling
The government yesterday released the third quarter GDP number for the US. The headline figure showed that the United States economy grew at an 3.5% annualized rate in the months of July, August and September.Hooray! That's great, isn't? We are out o...
A "Jobless Recovery" is a Myth
The story we are getting from the government and the mainstream media is that the United States will experience a "jobless" economic recovery. This is a myth! A jobless recovery means no economic recovery in the United States.By definition, an econom...
Dow 10,000 - So What?
There were a number of interesting financial news stories this week including:1) The billions of dollars in profits the Wall Street banks made using taxpayers' money. Goldman Sachs alone is paying out $23 billion in bonuses this quarter to their empl...
More Wall Street Propaganda
All one has to do is visit an investing website like Seeking Alpha and read the articles there from financial professionals and other investors to see one of the major problems facing America.People refuse to look in the mirror and face the fact that...
