vgtwoomph

Banks on the Verge of a Nervous Breakdown

Excellent commentary....

Payrolls Report Indicates Recession

I think we are already in recession and it's going to be a very short one. Look at all the data and numbers, they are all bleak, if this isn't recession then what is.. But having said that, I don't think we need to panic, discounting the depression, traditionally recession is part of the cycle and it's short. Hopefully it follows the trend this time.

PowerShares Joins the India ETF Party

I am not that confident with a slightly higher percentage of investment on IT when the market is in a period of lull.

Estimating the Risk in Citigroup Stock and Bonds

I don't know about the extent of losses, but looks like Citi got another hit with the Chinese government blocking the $2 billion deal from China Development Bank to Citi.