This evening (3/16/08) it is being reported that JPMorgan will be purchasing the struggling investment bank for $2 a share. Yes, that is correct I did not forget a digit, the purchase price was $2 when this stock was trading in excess of $150 a share this time last year. Absolutely shocking to see by

It seems to me that all the fuss yesterday about the Fed’s $200 billion dollar “loan” – I’m sure you’ve all heard about it so I’ll skip the details – was completely uncalled for.  Since when does the Fed pumping more money into the economy not equal an increase in inflation?  Think about it –

In the WSJ today there was an interesting article regarding P/E ratios and using them to determine appropriate buying and selling opportunities. The article was on C1 and the author contended that although the S&P is trading at 13.2 times expected earnings, this number is likely to drop. I find myself hoping that the author

Yesterday I wrote a response to an opinion article in the Wall Street Journal regarding $100 oil.  Later in the day, one of our readers, AaronH, made some good points in a comment.  Here is an excerpt of what Aaron pointed out: “I have to disagree with the above strongly. Price here is not due to

Today there is a very good opinion article in the Wall Street Journal.  The article is titled The World has Plenty of Oil and was written by Mr. Nansen Saleri, president and CEO of Quantum Resevoir Impact in Houston.  Mr. Saleri essentially says that we are nowhere near running out of oil and the ongoing concerns