David Ramsey's Weblog

February 15, 2010

Bayh decides not to run. Good riddance!

Filed under: Economics and Financial — David Ramsey @ 8:59 pm
Tags: ,

A friend on Facebook was lamenting the decision of Birch Bayh not to run for Senate for a third term. This was my reply. (more…)

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February 6, 2010

The Downturn Appears Undeway

Filed under: Economics and Financial — David Ramsey @ 12:04 am
Tags: ,

As I noted at the end of December, 2009, there is a rather large iceberg out there waiting for the entire global economy. Great efforts were made by various players to prop up the market to and through the New Year. Those efforts succeeded, allowing Wall Street to claim credit (and bonuses) for a “good” year, despite being still down almost 30% from its 2007 peak. And yet the market is now down about 260 points for this week and about 700 points since its most recent peak. (more…)

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