As hard as it may be to imagine, the stock market will move back up someday. It always has. When a market recovers, there are always one or two sectors which are perceived as values. The buying begins with those and then spreads. According toThe Wall Street Journal, "If the stock market makes a lasting recovery in 2009, the financial sector -- its worst performer in 2008 -- may lead the way." Probably not. Banks may have access to less expensive capital and they may have access to nearl

Asian markets ended mixed but closed out 2008 with sizably yearly declines. Hong Kong rose 1.1% Wednesday – down 48% from a year earlier.

The end of the year is the perfect time to reflect upon the challenges and successes of the year just past. As 2008 comes to an end, many of us are thinking that the end of this challenging year could not have come any sooner. What a challenging year it was! 2008 will likely go down in history as the worst financial year since the Great Depression. For most people this means that, financially, 2008 was the worst year in their lifetime. For people in all areas of the financial spectrum,

Shares in Paris and London moved higher at the end of a dismal year for global markets, led by heavyweight mining and oil stocks in a shortened trading session. Several local exchanges were closed.

Dec. 31 (Bloomberg) -- The cost of protecting European corporate bonds from default was little changed, according to traders of credit-default swaps.

Dec. 31 (Bloomberg) -- The cost of protecting Asia-Pacific bonds from default was little changed in a quiet market on the last day of the year, traders of credit-default swaps said.

As the year 2008 ends - the beginning of the year seems like a distant memory. The year 2008 started with a big bang and markets all over the world were doing great. The Indian benchmark Sensex rose to about 21000 during 2008 and made all sorts of all time highs along the way. Oil peaked at $147 and was well on its way to $200. US Dollar was going strong, China was going strong - and then Subprime happened. Suddenly the spectacular rise in real-estate, oil, gold, stock markets, cotton and hog

As the year 2008 is about to conclude, we can see not that good atmosphere for Mobile Phone manufacturers. Consequently, one can easily anticipate sales going down in year 2009 as customers will be looking for more value than of high priced gadgets. We also saw many markets, globally, maturing into saturated industries, mobile handsets may see a significant change in terms of functionality. We can expect manufacturers cutting down their product range in order to avoid market segments where th

Do you already have New Year’s Eve plans? If not and you are in the Denver, Arlington, Miami, or Toronto areas, then you might want to attend one of these celebrations. Going to be in the Denver area for New Year’s Eve? Then you might want to check out the big celebration at The Mercury Cafe. Shanna Katz of the Denver Vegetarian Examiner says, Located at 2199 California St. in Denver, the “Merc” as it is locally known, is a restaurant and dance hall of sorts, 100% organic, and run by wind

"Fitch believes more newspapers and newspaper groups will default, be shut down and be liquidated in 2009 and several cities could go without a daily print newspaper by 2010." --Fitch Ratings credit analyst Mike Simonton in report on prospects for the media and entertainment sectors.I really can see major American cities not having a daily newspaper any more, or any newspaper at all for that matter. I see more and more papers going to less than 7 day a week publication as well. I've been saying

A 60 Minutes episode aired several months ago focused on the Commodities Futures Modernization Act of 2000 (the "Act") and the substantial role it played in our current economic crisis. The Act allowed financial institutions to engage in high-risk derivative transactions and credit default swaps without any regulatory oversight by the SEC or the CFTC. And they did so to the tune of an estimated $50 to $80 trillion dollars - until many of these institutions became "too big to fail" and was rewar

Three Chinese steelmakers will merge amid falling demand and a push by Beijing for the sector's consolidation.