Guest post by Constantine von Hoffman, veteran business journalist and author of the blog CollateralDamage.biz, a humorous look at marketing and business.Two weeks ago the National Bureau of Economic Research officially confirmed what we already knew: we have been in a recession for the past year. This begs the question, how long until we declare World Depression II?The … [Read more...] about Cut the bull and call it a Depression
If you?ve turned on CNBC or Bloomberg at any point over the past few weeks, you may have noticed that a popular topic of discussion has been whether or not the market has bottomed yet. Indeed, when the market rallied in late October, a number of the talking heads were claiming that as evidence that we had, in fact, seen a bottom. Now, before we start bashing the pundits, who … [Read more...] about The Stock Market
A guest post from Frank Shump. Frank is a veteran from the financial services industry, and currently authors a blog called Thefinancecastle.com, which documents his thoughts on money matters and his adventures in self employment.An often used saying when it comes to value investing is that you don't want to ?catch a falling knife.? Many times just when we think that stocks … [Read more...] about Mortgage Mess: Is there Profit Somewhere?