Month: October 2008

Below are all the posts archived for the month.

The IMF World Economic Outlook 2008
in Articles

IMF has published its economic outlook for the next year in its IMF World Economic Outlook 2008. First things first, there are three assumptions on the basis of which the forecasts are made: Commodities and oil prices are likely to stabilize, relieving inflationary pressures. U.S. housing prices will hit bottom by end of next year.
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Does having a co-signer guarantee a loan?
in Articles

A co-signer is a person who accepts responsibility for paying off the debt in case the primary borrower defaults.  If you do not have sufficient credit history, then you should get a co-signer who has got a better credit history to get the loan you want at better rates and terms. However it is a
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Is your bank safe?
in Articles

There are a large number of banks and credit unions in the United States, and while it is easy to track the bigger banks, it becomes really difficult to keep tab of the health and soundness of the smaller banks. A few weeks ago, some friends queued up outside National City bank, as there were
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Does the price of gas at your pump follow the price of oil?
in Opinion

For the first time in 2008, the price of gas at pumps throughout the United States is lower than than what it was about an year ago. This is obviously in line with the global oil prices, which have fallen more than 25% in the last month. While OPEC decided to cut production by 5%,
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How is deleveraging causing the current crash?
in Articles

Since fundamental factors impacting the economy do not change overnight, more often than not, the major crashes (excess of 10% in one day) occur due to technical factors. One such technical factor that is causing the current crash is deleveraging. A lot of the current stress in the stock markets has been attributed to deleveraging.
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What does leveraging mean?
in Articles

A lot of the current crisis is attributed to the fact that firms were heavily leveraged. So what does it really mean to be leveraged? Leveraging means taking debt to increase the profit on the equity of a company. Take this example, you own a business and you need to invest $1000 in order to
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Total Visa from Plains Commerce Bank for bad credit
in Articles

The Total Visa credit card is issued by Plains Commerce Bank and is meant for people with bad or average credit. Credit Limit The initial credit limit for the Total Visa Card will be $250. However, when you first get the credit card, a fee of $200 will be charged to it and so your
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Price Earning Multiples and Dividend Yields of Dow Jones stocks
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A lot of stocks are hovering around their yearly lows. An interesting way of analyzing the price of stocks is to look at their P/E multiples. We have compiled a list of the stocks that are part of the Dow Jones and looked at their five year P/E highs and lows, along with their current
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Random Walk Hypothesis
in Opinion

“A Random Walk Down Wall Street” was one of the most delightful books that I have ever read. I disagree with most of what the book says, but it still makes a very interesting read. This book popularized the “Random Walk Hypothesis”.  The Random Walk Hypothesis states that stock prices move in a random manner
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Pledge Mastercard or Visa credit card for bad credit
in Articles

Pledge Mastercard or Visa credit card from First Premier Bank is meant for people with bad credit. We look at some costs and fee associated with the Pledge credit card. Initial Fees First PREMIER Pledge credit card charges an initial $179.00 fee for individuals with poor credit. The breakdown of this charge is as follows:
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