Vacillation, indecisions, and nervousness characterize Federal Reserve under Bernanke- can he cope with 1907 style financial meltdown?
Sonja Massey
Oct. 4, 2007

Bernanke may be the last academician that will ever become the Fed Chief. He is trying to learn street smarts from Wall Street Gurus as fast as he can. It was Allan Greenspan that created bubble after bubble. Unfortunately, the Princeton economics academician faces the nasty real world ready into implode into a financial meltdown.

According to the financial media and especially Bloomberg, Greenspan reversed directions on Interest rate cut in August after meeting with several prominent Wall Street Gurus. Based on that report on who he met and when, it seems he is nervous and is vacillating while trying to learn the street smartness very fast.

Unfortunately, street smartness in financial markets can only be learnt in one way – the hard way of actually participating in the market place over many decades.

The bigger question is what is he going to do if a 1907 style banking and financial meltdown takes place?

Stocks all over the world can stun all of us with a spectacular crash in October
Sam Adelton
The market can start to regard him as a novice that lacks street smartness that is required to guide the world’s economic locomotive engine.
READ MORE>>

Vacillation, indecisions, and nervousness characterize Federal Reserve under Bernanke- can he cope with 1907 style financial meltdown?
Sonja Massey
Unfortunately, street smartness in financial markets can only be learnt in one way – the hard way of actually participating in the market place over many decades.
READ MORE>>

Real estate (residential and commercial) can fall more than 20% in one year
Joe Weinman
The route in residential real estate has just started. The market place can fall approximately 20% from here according to many realtors and economists.
READ MORE>>

Follow the crude oil and gold chart – you will understand the bubbly and insane financial market conditions
Sam Adelton
The central Banks all around the world have the toughest time ever. With ever increasing computerization, the economic laboratory – the marketplace have become ever increasingly volatile with levels of pendulum swings never seen before.
READ MORE>>

Aussie economy running on thin ice – the commodity leader joins the recession bandwagon
Alan Hershey
There are some very early disturbing signals in the Australian economy. The bubble is now clearly visible. The Australian home building is entering a massive slowdown after a fantastic show for several years.
READ MORE>>

100 year banking cycle - 1907 financial meltdown repeating in 2007? Deutsche Bank in big loss, Merrill in catastrophe
Marla Guthrie
There is an invisible, intangible but at the same time real banking cycle. The last real financial meltdown happened in 1907. At that time JP Morgan led the rescue of financial system. Federal Reserve was formed in the next seven years.
READ MORE>>

After being wrong on residential real estate, Fed Chairman Bernanke is nervous over unemployment, commodity inflation, consumer, and business confidence
Marla Guthrie
Stagflation is the name of the game although Fed still resists terming it that. The residential real estate route is in first leg. It is now slowly spreading its troubles into commercial real estate and REIT.
READ MORE>>

MORE ARTICLES >>