Today the fed came in with it’s 75 basis point cut which was within range of expected.  However many on Wall Street wanted a full 100 basis point cut that would have reduced rates to the full 2%.  Instead rates hold at 2.25% within the 2-3% range.  With the implosion of Bear Stearns and the […]

Bear be gone as JP Morgan purchased Bear Sterns for an astounding $2 per share worth about a quarter of a billion dollars for the once heavy weight Bear has gone down in flames.  The implications on the market are next and we are all watching and waiting to see how the market reacts this […]

 
Do you have an offer for a job post MBA in June? Forget-about-it. The stock is cheap and the company has extreme risk is it now time for a Bear takeover? Who will buy it and will you still have a job? For the lucky couple that have the offers in the investment banking industry […]

With the market down over 1% again today it looking that March 18th could be a big day whether up or down based on the decision of the fed to lower interest rates.  The futures market has 100% priced in 75 basis point cut into rates giving the indication that if it is not the […]