After watching this cartoon by Omid Malekan, QE2 must be clear - at least conceptually - to the 1.2 million viewers who've watched the video on YouTube! If that hasn't worked for you, try following Felix Salmon on Reuters to see why Quantitative Easing may not quite be the solution to solving America's 'burning' issues/problem/s - job … Continue reading Quantitative Easing… made easy for at least 1.2 million people!
Well, if you dig gold, you're probably going deeper in the hole right now, even while I'm writing this just now. Despite the upward swing of the past week which carried DGP all the way up to an all-time high of $43.23, right now, it's way below $38, with over 3.6% plunge in the first … Continue reading Dig Gold?
Yep, DGP Gold is hovering under $38 today, a steep stock-price plunge of almost 6% since yesterday. For the past 5 days or so, it hovered at all time highs of over $40. Five days ago, at final count, India had bagged an all-time high number of gold medals at the CWG 2010 in Delhi … Continue reading 38 Gold…
In Delhi, at the Commonwealth Games 2010, India shines with 11 Gold Medals. Having bagged Silver and Bronze as well, Indian athletes are displaying a sterling performance, much to the surprise of spectators with their watchful gaze at this sports concourse. In world financial spheres, on the bourse, with the intra-day high of $1,351 per … Continue reading Lift, Wrestle, Shoot… just get Gold!
Talk about anomalies in language, particularly in English! Even in the past, I blogged about this. Why can't people just use another word when they mean "supervision"? Under the guise of 'oversight' so much damage has been done to this country... not all of it inadvertently! Yet again, Mr Bernanke claims "lax oversight caused crisis"! … Continue reading Oversight… the contradictions in its meaning just irk me!
With the closing bell, today's market recorded a significantly high spike to the tune of 5.8%! Somehow, when my ears heard the ring... it sounded hollow! "Profitable" news from Citi chief this morning caused the spurt. But will this rally be sustained over the coming days? Already there's talk of tightening credit. Metrics used by … Continue reading Is today’s stock market rally for real?
In the late 90s, my close buddy quit his well-paid job of 'research scientist' with a leading oil company. He wanted to be a "quant". Lured, not by the money; that would follow (and plenty of it, although not quite as much as the obscene figures that Wall Street traders take home), but by the … Continue reading He wanted to be a “Quant”…
How you would react to the following, I wouldn't dare predict, but I just fell off the chair, laughing! "Cancel your credit card before you die..........(hilarious!) Now some people are really stupid!!!! Be sure and cancel your credit cards before you die. This is so priceless, and so, so easy to see happening, customer service … Continue reading Laugh, or cry… Yahoo! Finance User Comments… 090309
"Wow!" said the cabbie in Gotham, and "Oh wow!" sez I, sitting at my desk after watching this video of gutsy New Yorkers. But for the video caption, I'd have wondered, "Who are all these people waiting in line outside the Sheraton Hotel on 53rd St in sub-zero temperatures!" In contrast to the expected turnout … Continue reading Hats off, to all those brave job-seekers in Manhattan!
Express regret and thou shalt be absolved of blame. So what, you cannot be held responsible for the turmoil, despite ranking high within the nexus of all those who must bear responsibility for the present debacle in the financial world; a disruption that not only affects past borrowers of home-loans, but also those who hold … Continue reading Ex-leaders of lending, once again at the forefront!