Toro's Running of the Bulls Market Blog
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It Must Be a Bottom in the Banks
Today, the St. Petersburg Times in Florida ran a piece entitled "How Safe is Your Bank."
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This Nation Needs Another Bubble!
The Onion reports on the financial markets turmoil, via Paul Kedrosky
A panel of top business leaders testified before Congress about the worsening recession Monday, demanding the government provide Americans with a new irresponsible and largely illusory economic bubble in which to invest.
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Sage Investment Advice of the Day
The following popped up into my email this afternoon.
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Market Action, July 15 2008 - No Longer Short Canada
I covered my Canada short today. Toronto was down 500 points today at one time as the sharp decline in the price of oil whacked the Canadian energy stocks.
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The United States Bails Out Freddie and Fannie
Here is the text
Fannie Mae and Freddie Mac play a central role in our housing finance system and must continue to do so in their current form as shareholder-owned companies. Their support for the housing market is particularly important as we work through the current housing correction.
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