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 […]

The sun is not yet up but you begin to read your Wall Street Journal to get your morning news fix.  You might check Yahoo Finance just to see how the stock market is doing and how much your portfolio has gained in the last day.  Yes, we deranged business people tend to this too […]