Stay calm during the market storm
The collapse of Bear Stearns should not surprise anyone. When things go sour for an investment bank, the damage will be ugly, as we've now seen. I'm adjusting my portfolio to reduce my risks.
Archive for March 30, 2008
It’s time to rein in the Fed
In yet another example of the central bank's failed bailout-after-bailout strategy, it's now on the hook for Bear Stearns' losses. We need to clarify the Fed governors' mandate -- or even send them packing.
A survival guide for the unemployed
Just lost your job? These 13 tips will help you find ways to cope, from keeping up your spirits to prioritizing your spending.
Where not to look for market clues
Two common indicators -- mutual funds' cash positions and net inflows -- won't tell you much. Most funds remain fully invested, and studying inflows is like using a rearview mirror to see what's ahead.