Online Trading and Investing Journal

As 2007 comes to a close, Wall Street is almost as jittery as it was over the summer, when worries about the housing slump and banks’ losing bets on mortgages first came to a head.
Investors know more now about how much exposure financial institutions have to bad loans but they remain uncertain about how the […]

Japan said on Friday it will host a meeting of finance ministers and central bankers of the Group of Seven leading nations in February 2008 to discuss the US subprime mortgage crisis and high energy prices.
Japanese Finance Minister Fukushiro Nukaga said he would chair the meeting to take place on February 9 in Tokyo.
“We will […]

Town governments, school districts and other municipalities looking to borrow money got a new option on Friday when trying to insure their bonds: billionaire investor Warren Buffett.
Buffett’s formation of a bond insurance company provided some validation to an industry that has been battered by fears of collapse in recent weeks.
Though analysts said the move by […]

Wall Street skidded on Thursday after the assassination of Pakistani opposition leader Benazir Bhutto and after the Commerce Department’s durable goods orders exacerbated concerns about the U.S. economy. The major indexes each lost well over 1 percent and the Dow Jones Industrial Average fell 192 points.
Bhutto’s assassination raised the possibility of increasing political unrest abroad, […]

Stocks finished largely flat on Wednesday as investors returned from the Christmas holiday to news of weaker-than-expected retail sales. A jump in oil prices also concerned Wall Street.
The International Council of Shopping Centers said its index of retail chain store sales rose 2.8 percent last week, rounding out a sluggish December performance that puts merchants […]