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Preparing Financially for 2009
As we clear away after the Christmas festivities many of us have a few in-between days to reflect before the dawn of the New Year. 2009 seems set to be financially tough, but there are some simple steps (resolutions) we … Continue reading
Posted in comment, consumer, financial planning, work
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Fed Slashes Interest Rate – What Now?
The US Federal Reserve has slashed its key interest rate from 1% to a range between zero and 0.25% in an attempt to stem recession. Will this latest measure work, and what are the implications for you and me? It … Continue reading
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Wall Street Bonus Disgrace
The world is in the midst of a financial crisis caused by the irresponsible lending of America’s banking system. Despite this, and a multi-billion dollar government (ie taxpayer) bailout, humbled institutions are still planning to pay huge bonuses to the … Continue reading
Posted in comment, in the news
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Market Volatility – Who Benefits?
The ongoing credit crunch has produced great volatility in the stock market. In addition to markets being well down from their maxima, they have also been fluctuating to a degree that makes a roller coaster ride seem like a stroll … Continue reading
Posted in comment, stocks
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Financial Crisis – Who Pays?
Recession is nothing new. By their very nature financial markets, and whole economies, move in cycles. Highs turn to lows and then back to highs again, and there isn’t usually an easily pinpointable reason. However, the current recession is outstanding … Continue reading →