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May
16
2010

Stocks Fall On Retail Sales News in May 2010 – Recession in Making?

After a drop in retail and financial shares, the stock market suffered a hit and fell again; coming just one week after one of the biggest falls the Dow Jones has ever seen. This worries some investors because of the possibility that the market may be going down after going up and recovering for so long. Many experts are stressing that this is only a blip on an otherwise good trend for the stock market.

May
16
2010

Big Banks under Big Investigation – Another mini-recession in making?

Eight of the largest banks on Wall Street are in big trouble as a criminal investigation is looking at whether or not they misled rating agencies in regards to mortgage-derivative deals. Subpoenas have been issued and it is no surprise that the financial sector took such a hit this past week, pulling down the rest of the stock market and Dow Jones in the process.

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