This is craziness.
I get that the entire market is sliding. There are concerns about Greece's economy and the riots associated with the country's forced cutbacks to address that.
Ford (F) posted over $2 BILLION dollars of profit. They increased their year-to-year sales this past month over 30%. They have a fuel-efficient car that's ready for today's market. They haven't lost their Mustang. They still have their leader, who has shown great direction for the company and seems to be an expert at getting his own people to follow him in that direction.
So why has the stock dropped ridiculously during the past few days?
Showing posts with label Greece Debt. Show all posts
Showing posts with label Greece Debt. Show all posts
Friday, May 7, 2010
Tuesday, May 4, 2010
Now people are panicking?
Now what?
The market is tanking, reportedly because people are panicking over Europe's financial situation and commercial real estate concerns.
Don't get me wrong! I like seeing lower prices. (I'd like seeing them even more if I had money sitting on the sidelines to buy all of these things on sale.)
It just doesn't seem to make sense to me.
I realize that the stock market has been creating its own sort of overpriced bubble for a while. Several stocks went from being way too under-priced to costing more than they're worth seemingly overnight. (It's really been over the course of the past year-plus.)
It's just that things I am reading TODAY, just....
The market is tanking, reportedly because people are panicking over Europe's financial situation and commercial real estate concerns.
Don't get me wrong! I like seeing lower prices. (I'd like seeing them even more if I had money sitting on the sidelines to buy all of these things on sale.)
It just doesn't seem to make sense to me.
I realize that the stock market has been creating its own sort of overpriced bubble for a while. Several stocks went from being way too under-priced to costing more than they're worth seemingly overnight. (It's really been over the course of the past year-plus.)
It's just that things I am reading TODAY, just....
Wednesday, April 28, 2010
Are we that much better today than yesterday?
Great news! The Federal Reserve met and announced that they will continue to keep down the interest rate.
This might be a great decision for the country; it might be horrible. I'm not looking to analyze this right now.
I'm scratching my head over the stock market's reaction to this announcement. It seems to forget that just yesterday, the entire market tanked, because it was concerned about the Goldman Sachs fraud deal and Greece almost certainly defaulting on its loans (with several European countries heading on the same path).
So the Feds keeping the interest rate low is more than enough to erase concerns about everything yesterday?
Why is the market moving upward? Are we really that much better today than we were yesterday? (Were we really that bad yesterday?)
This might be a great decision for the country; it might be horrible. I'm not looking to analyze this right now.
I'm scratching my head over the stock market's reaction to this announcement. It seems to forget that just yesterday, the entire market tanked, because it was concerned about the Goldman Sachs fraud deal and Greece almost certainly defaulting on its loans (with several European countries heading on the same path).
So the Feds keeping the interest rate low is more than enough to erase concerns about everything yesterday?
Why is the market moving upward? Are we really that much better today than we were yesterday? (Were we really that bad yesterday?)
Subscribe to:
Posts (Atom)