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Daily currency and financial news updates written by our own in house team.
Down The Tube
The Dow Jones Industrial Average fell below 8,000 which is the lowest it has been since 2003. Investors are starting to question what is keeping the US dollar propped up.
Scaredy Cat Markets
Secretary Treasurer Paulsen has a difficult time explaining use of bailout package in front of US House of Representatives panel. The G20 summit meeting over the weekend failed to accomplish much which fueled continued investor nervousness.
Teeter and Totter
Stocks and currencies bounce back and forth all day as investors try to interpret economic news. US Federal Reserve Chairman Bernanke is asked to explain why mortgage foreclosure prevention never happened as part of TARP.
Confidence Game
Over 20 world leaders met in Washington D.C. over the weekend to discuss the global financial crisis. In the meantime, the Dow Jones Industrial Average took another triple digit dip.
Redefining Normal in the Financial Market
The US stock market rose to new heights despite continued signs of economic declines. The G20 is getting ready to meet in Washington, D.C. and Japan has a well-defined agenda.
