This blog consists of my speculative reasonings and thoughts pertaining to the stock market and economy. I recognize the inherent fallibility of human thought, therefore I make as many mistakes as the next guy. Speculation is a business. It’s hard work and plenty of it, and unless a person can anticipate future events his or her ability to speculate successfully is limited. So lets go…
A Speculator\'s Reasonings On...
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Market News from Wall Street- Stocks slammed as Dow erases 2012 gains June 1, 2012Wall Street suffered its bloodiest day of the year Friday as U.S. stocks sank more than 2% following an ugly jobs report. The Dow erased all its gains for the year, and the S&P 500 and Nasdaq moved into correction territory, down more than 10% from the year's highs.
- Facebook IPO: Investors still dealing with aftermath June 1, 2012Despite their best efforts, there's been little word of progress -- in fact, little word of any sort -- from the bigger players that were involved in Facebook's botched opening that left many investors with unwanted shares.
- Investors run for cover. Fear & Greed Index hits 8! June 1, 2012CNNMoney's Fear & Greed Index hit a low of 8! The last time it was that low was last August, after the United States got downgraded following the debt ceiling debacle.
- Stocks slammed as Dow erases 2012 gains June 1, 2012
- Economic News & Numbers
- Surprise! Mitt Romney is still rich June 1, 2012Mitt Romney is worth between $84 million and $256 million, according to campaign disclosure forms released Friday by the Federal Election Commission.
- CNNMoney economy blog March 5, 2012
- California politicians taking pay cut June 1, 2012California's budget woes have come home to roost for the state's politicians.
- Surprise! Mitt Romney is still rich June 1, 2012
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- Financial News
- Slowing economy sends gas prices lower June 2, 2012There's some good news behind the discouraging headlines on the economy: Gas is getting cheaper. At least two states had stations selling gas for $2.99 on Friday and it could fall below $3 in more areas over the weekend.
- Recession stormclouds menace world economy June 1, 2012The gears of the global economy are all slowing in unison. The latest evidence came with Friday’s startling employment report from the U.S. Labor Department.
- Sponsored By: June 1, 2012
- Slowing economy sends gas prices lower June 2, 2012
- Business News
- Wall Street Week Ahead: Time for some more stimulus? June 2, 2012NEW YORK (Reuters) - Things are shaping up for another hot summer on Wall Street, and there is a long, long way to go yet.
- AOL urges shareholder approval of its board nominees June 3, 2012(Reuters) - AOL Inc, waging a proxy fight with activist hedge fund Starboard Value, said on Saturday its shareholders should approve all eight nominees for its board of directors after an advisory service recommended the approval of only six.
- Spain calls for new euro fiscal authority June 3, 2012MADRID (Reuters) - Spain, the latest combat zone in Europe's long-running debt wars, urged the euro zone to set up a new fiscal authority to manage the bloc's finances and send a clear signal to markets that the single currency project is irreversible.
- Wall Street Week Ahead: Time for some more stimulus? June 2, 2012
