Monday, October the 11th was a red-letter day in the annals of history for the S&P 500 index. Three years ago to the date, the S&P 500 index hit its all-time intra-day peak of 1576.09. Not even two days prior to that, the index hit its all time high closing figure of 1565.15. Those were [...]

It seems to be that the gush of money flowing out of the coffers of investors seems to have stopped for a bit. Investors have been bleeding ever since the recession first really hit home and investors have been like a boxer on the ropes constantly being pummeled by the opposing pugilist. Towels have been [...]

The history of the world is a history of civilization and of mistakes committed. The advent of the internet was a wonderful thing since it meant information now reached farther than ever and traditional barriers to business were broken. What that meant was that people were keen to pay lesser prices for books they might [...]

Everyone loves the short term in today’s day and age. All fund managers are judged based on how they perform over a short period of time, usually 3 months, and television shows talk about stock markets in the here and now, most not even bothering to talk about the long term. And hedge funds measure [...]

In a time of financial volatility and great austerity, would it make sense to gift rich families and individuals a monetary gift over the coming decade? If you ask the average guy on the street, the answer would be a firm an emphatic no. Incredibly, however, this very idea is gaining momentum in Washington as [...]

Companies throughout the length and breadth are raising a whole lot less from their Initial Public Offerings (IPO’s) than at any other time in the previous decade when compared with the avowed amount that they had filed to sell. Fresh IPO’s on the New York State Exchange (NYSE) and the Nasdaq have managed to raise [...]

It was not even a few months ago that Europe’s sovereign debt crisis had worked investors into a frenzied panic over sovereign risk. At the time, all signs pointed to the dollar being the currency of choice. Benjamin Franklin smiled strongly from the face of paperbacks and he had good reason to; Uncle Sam was [...]

It doesn’t take a rocket scientist to figure out that the Japanese economy is primarily export-driven to sustain a demand for its unending line of consumer products that it keeps on churning out (which reminds me…must buy that Wii sometime!). And so it comes as no surprise to see the decision of the Japanese government [...]

There’s absolutely no doubt about it; the labor market is in dire straits and struggling to stay afloat. The recession that has beset all of us has left behind a barren wasteland that the unemployed are left to roam, with no one spared its aftereffects. A double dip recession is still a possibility, no matter [...]