Tag: September the 15th 2008

Black Monday 2020: the Stock Market Backtracks to 2017

Well, that happened, and by that I mean a black swan sort of a day, a day living in the same general neighborhood as September the 15th, 2008 (the worst day of the worst financial crisis since the Great Depression) and September the 17th, 2001 (the day the stock market […]

The Twitter IPO: Are We Partying Like It’s 1999?

Today, at roughly 9:45 a.m., I’m walking in Ess Eff Sea Eh on 2nd Street at Mission, heading towards Market, and my cool-car detector fires off, as I see a red Ferrari convertible going through the intersection, headed towards 1st Street. This is the car:   That’s it, right down […]

The Treasury’s Checkbook: Healthy or Not Healthy as We Peer Into the Debt Default Abyss?

Looking at a couple of statements from your day-to-day checking account, I tell new clients in our first working meeting, is like looking at the lab results your doctor orders when you have a physical. Staring out from those pieces of paper [pdf files] are a bunch of numbers that […]

Investing Is Simpler than You Think, Part 1: The Rise of Self-Directed Investing

I came of financial-career age at E*TRADE in the late 90s. The commercialization of the Internet was in its infancy back then, and so too was the world of online stockbrokers like E*TRADE and Schwab and Ameritrade and Datek (long ago hobbled and then subsumed into Ameritrade). At the juncture […]