Busy Day at the Office?
For those who keep asking me “how’s the market been the last few weeks”, take a look at the CME Volatility Index for a rough idea (see the 5 year chart). Another amusing bit I ran across was Central Banking Explained.
Category: finance
Sorting through the financial mess
Subprime just got the ball rolling. The resulting credit crunch, and recent commercial paper (which is where money markets invest) interruption hasn’t helped. If Warren Buffet believes that Paulson’s TARP will prevent a meltdown and subsequent bank run, I say go for it. After all, anyone who has turned a…
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Sorting through the financial mess
Subprime just got the ball rolling. The resulting credit crunch, and recent commercial paper (which is where money markets invest) interruption hasn’t helped. If Warren Buffet believes that Paulson’s TARP will prevent a meltdown and subsequent bank run, I say go for it. After all, anyone who has turned a…