BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Yogi is right: Ninety percent of this (economics) game is half-mental]]>http://www.bloggingstocks.com/2008/10/12/yogi-is-right-ninety-percent-of-this-economics-game-is-half-m/http://www.bloggingstocks.com/2008/10/12/yogi-is-right-ninety-percent-of-this-economics-game-is-half-m/http://www.bloggingstocks.com/2008/10/12/yogi-is-right-ninety-percent-of-this-economics-game-is-half-m/#commentsFiled under: , ,

U.S. investors have just experienced their worst point-loss week in history, as measured by the Dow, as the nation, and the world, implements policies to end the global financial crisis.

In times like these investors/readers turn to the likes of Warren Buffett or George Soros to analyze the financial and economic state of things.

However, today we turn to another trusted source for time-tested counsel, advise, and wisdom: Lawrence Peter "Yogi" Berra, retired Hall of Fame catcher for the New York Yankees, owner of 10 World Series championship rings, and author of 'yogiisms' -- incisive malapropisms that reveal eternal truths.

After Yogi came out of a hitting slump in the Yanks' pennant-winning season of 1952, a New York newspaper reporter asked Yogi if it was his bad knee that had caused the slump to start earlier that month.

"No it wasn't my knee, it was my head," Yogi replied. "Ninety percent of this game is half-mental."

Continue reading Yogi is right: Ninety percent of this (economics) game is half-mental

Yogi is right: Ninety percent of this (economics) game is half-mental originally appeared on BloggingStocks on Sun, 12 Oct 2008 09:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic cyclefeaturedgdpmarket psychologyU.S. EconomyYogi BerrayogiismsSun, 12 Oct 2008 09:10:00 EST<![CDATA[Top 10 reasons for the market's decline: Bernanke, Britney & you]]>http://www.bloggingstocks.com/2007/11/01/why-the-stock-market-decline-may-be-the-fault-of-britney-spears/http://www.bloggingstocks.com/2007/11/01/why-the-stock-market-decline-may-be-the-fault-of-britney-spears/http://www.bloggingstocks.com/2007/11/01/why-the-stock-market-decline-may-be-the-fault-of-britney-spears/#commentsFiled under: , , , , , , , , ,

From the home office in Burlington County, New Jersey, I give you the top 10 reasons why the stock market is tanking yet again today.

Number 10: Britney Spears. The beleaguered pop diva's new album Blackout is getting positive reviews, surely a sign that the nation is going to hell in a hand basket. If that doesn't cause people to sell their stocks and hide their money in holes in their backyard, I don't know what will.

Number 9: Britney Spears again. For those readers over 21, I should note that the latest single from the bad decision maker is called "Gimme More," which is certainly apropos to the market. Yesterday, the Fed cut interest rates, and pundits reacted the way my two-year-old nephew reacted when he got candy last night at Halloween. Yup, he wanted more. But the question is whether candy man Ben Bernanke will continue to dole out sweet, cheap money to fill up investors' plastic pumpkin pails.

Number 8: The housing market. Try as I might, I couldn't find a way to blame Britney for this one. About the only real estate market that's doing well are sheriff's sales. Home foreclosures doubled in the third quarter. As more adjustable-rate mortgages reset to higher interest rates, more people are bound to lose their homes.

Number 7: ExxonMobil (NYSE: XOM) and oil prices. Maybe it's karma or crack spreads but the world's largest oil company not only reported a decline in quarterly profit but its biggest decline in three years. Oil prices hit $96 per barrel today, and one economist predicted $120 oil next year.

Continue reading Top 10 reasons for the market's decline: Bernanke, Britney & you

Top 10 reasons for the market's decline: Bernanke, Britney & you originally appeared on BloggingStocks on Thu, 01 Nov 2007 13:08:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>britney spearsBritneySpearsccnbcexpire-images:2008-10-31featuredhillary clintonHillaryClintonmarket psychologyMarketPsychologymeroil pricesOilPricesstock marketStockMarketThu, 01 Nov 2007 13:08:00 EST