Those were the words that Fed chairman Ben Bernanke used to describe the financial markets (and by extension the economy) these heady spring days when everybody else with a rostrum, it seems, has pronounced the so-called liquidity crisis contained. There’s a great wish for American finance to return to business-as-usual - raking in fantastic fees for innovating new modes of tradable paper…
May 29th, 2008 | James Howard Kunstler | 3 comments | Continued Our DR Global Editions: 
Saturday, January 10th, 2009
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The Markets
All Ordinaries Id 3680.40 +36.80
S & P/asx 200 3735.70 +41.40
Nzx 50 Index Gros 2757.41 +0.76
DJIA 8599.18 -143.28
NASDAQ 1571.59 -45.42
S&P 500 890.35 -19.38
Ftse 100 4448.54 -56.83
2009-01-09 00:10 Most Comments
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Pravin, I'm pretty certain that Unpopular was being sarcastic.
John | 10Jan09 | More -
I enjoyed that, pretty funny! Thanks!
John | 10Jan09 | More -
Dear Don, hi, I reckon that you should read these 2 books: Rich Dads prophecy- why the biggest stock market ...
christina | 10Jan09 | More -
huh?. war gets people to spend?. you are clearly oblivious to the horrendous destruction of wealth that war will bring ...
Pravin | 9Jan09 | More -
Great reading Dan! I and I'm sure many others will be tuning in next week.
Ross | 9Jan09 | More -
Good call! Well, except for the death part, but something I didn't consider thats for sure
Pete | 9Jan09 | More -
Sounds like we need a good old fashioned war to get people spending again.
Nothing makes people stop saving like the ...
Unpopular Truth | 9Jan09 | More -
Don. I assume that you are located in Australia. Seek out a several professional opinions (many preliminary consultations are ...
Coffee Addict | 9Jan09 | More -
Is it just me, or are they going about fixing this all backwards?!
Take my situation. 12 months ago I changed ...
mr. pete | 9Jan09 | More -
Hi Pete, Marc Faber is a long term bear and is worth listening to in my opinion. Mind you like ...
Greg Atkinson | 9Jan09 | More
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Pravin, I'm pretty certain that Unpopular was being sarcastic.
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