Paulson Shifts Focus of Rescue to Consumer Lending (Update3) By John Brinsley and Robert Schmidt Nov. 12 (Bloomberg) -- US Treasury Secretary Henry Paulson plans to use the second half of the $700 billion financial rescue program to help relieve pressures on consumer credit, scrapping an effort to buy devalued ... |
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Wednesday, November 12, 2008
Market free fall...
Monday, November 10, 2008
It's time to hibernate!
You ever feel like you hit a wall? Yeah, well - I hit one a few months ago and it still hurts. I like to scratch my back against the wall, but I don't like being up against the wall. It might sound strange at first, but if you think about it, that's how life is sometimes.So a relative of mine was stuck in a moat for a long time, what else? President-elect Barack Obama visited the White House today in Washington, D.C. The market was up today, but then rose as China said it would spend 600 billion but ultimately the dow fell almost 88 points and GM finished the lowest loss in 62 years. AIG is a thorn in my side BTW, that's it - I gotta itch ta' scratch and then it's nap time, like for a few months.
Monday, September 29, 2008
Monday, September 8, 2008
Freddie's Back!
Wall Street, New York Sunday is the best day to lay back, get fat, and watch football. Period. Yesterday was more exciting than most Sundays for more reason than just because Green Bay woodsman is now a New York Jet. Why? Well, unless you have been hibernating, the Japanese markets have been up for 12 hours and the American counterparts are following today on news that Uncle Sam has bought out debt-ridden megaliths, Freddie Mac and Fannie May.I can't tell you how many goddamn times I've heard junior brokers saying that these entities are "Backed by the full faith and credit of the United States." Today the Fed ponyied up, grew up, and saved us some rough times ahead. I am against regulation, fire control, and rangers in our national parks but otherwise I'm a staunch conservative ready to sink his teeth into the next bite of market share or I can wrestle from the arms of the weak.
Freddie and Fannie have made this possible again today as the market looks tender with a feast in sight. It' good to be back Rarrr!
Thursday, June 19, 2008
Putting Bears in Jail.
New York, New York Zoo - "This is utter Bullshit, what are we, cows? The Fed is out of control! That moderate loon, Bernanke, ought to get a good mauling, that's right - we are Stern Bears and we stick together - Rarrr!
Friday, April 11, 2008
Boo Hoo cry me a river!
Wall Street- So the market underperformed, we all have, I don't see what the big deal is. GE allegedly shook consumer confidence, we'll if GE still wants to be known for incandescent light bulbs, no shit there stock is down. So what can we do, re-invent the microwave? No, we have go natural and think like a bear... instinctual.What would I do If I was in charge of GE?
1. I'd go for it. They can't afford to play second fiddle - I Doubt the airline woes helped out this week, but still produce - you are GE!
2. Crush the competition... How? See number 1 for Produce.
3. Take a day off and take a walk in the trees. If we are going to capitalize on the "green" thing, you are going to have to "think" like a bear and git-r-done, Rarrr! See More at FAQ News Net
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| Indexes | ||
|---|---|---|
| Dow | 12,325.42 | -256.56 |
| Nasdaq | 2,290.24 | -61.46 |
| S&P | 1,332.83 | -27.72 |
| 10-Yr Note | 100.22 | +0.56 |
Tuesday, April 1, 2008
Daily market Update with Stern Bear CEO
Firstly... F*ck yea. Today was awesome. Real Awesome. Dougy... that means you. Sometimes I have to break out of my shell and be the frat bear I am. Sometimes I just want to kick ass and take names. Today was one of those days. No April Fools gold here, all bears pulled together and roared forward, I'm proud of you... even Sugar Bear, who couldn't make it to work even if he wasn't sitting on a trust fund and his royalties as a pretty good singer back in the day. F*ck yes Bears, 10 year notes were down, but we'll pull together and work together and PRODUCE. ROOOAARRRRRR!
| DJIA* | 12654.36 | 391.47 | 3.19% |
| Nasdaq* | 2362.75 | 83.65 | 3.67% |
| S&P 500* | 1370.18 | 47.48 | 3.59% |
| Russell* | 710.65 | 22.68 | 3.30% |
| 10-YR Note* | 3.556% | -1 4/32 | -1.12% |
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