Monthly Archives: January 2009


Investors to Consider U.S. Economic Stimulus Package, Company Reports, January Barometer in the Week Ahead

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on January 26, 2009

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With President Obama’s grim summing up of the nation’s economic situation on Saturday, and facing a barrage of company reports in the coming weeks, stock market players are hopeful that the fact that the Dow gained ground after wavering below the 8,000 point level for four days in a row, could very well indicate a bottoming out of the market. While some may see this as clutching at straws, others feel that the Obama administration’s proposed economic stimulus package may turn this hope into a reality.

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TARP Revisited as Banking Sector Battles and US Economy Continues to Weaken

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on January 19, 2009

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Following a volatile week on Wall Street, and with the inauguration of Barack Obama as the new President of the United States right on the doorstep, analysts and investors are watching with great interest to see how the new administration will handle the distribution of the remaining $350 billion of the $700 billion set aside for TARP – the Troubled Assets Relief Program. The scheme has already been somewhat controversial with critics highlighting the fact that the $350 billion already spent has not actually been used to buy troubled...

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First Week of 2009 U.S. Trading Proves Disappointing, Euro Weathering Global Financial Storm

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on January 12, 2009

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While the year started off with investors being cautiously optimistic that better times may be in sight, the first full trading week of 2009 was disappointing and revealed that, although it is a new year, the old anxieties that dogged the market in 2008 continue unabated. The report on the state of the U.S. job market released on Friday is being cited as the primary reason for the U.S. stock market decline, which saw the trading day ending with the Dow Jones industrial average down 1.64 percent, the...

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Investors Cautiously Optimistic as First Trading Week of 2009 Kicks Off

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on January 5, 2009

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The first trading day of 2009 on Wall Street proved to be somewhat encouraging, with advances across the board resulting in the Dow Jones industrial average rising 2.9 percent, the Nasdaq composite gaining 3.5 percent and the Standard & Poor’s 500 index rising 3.2 percent. With Monday 5 January signaling the start of the first full week of trading for 2009, U.S. investors are cautiously optimistic despite anticipating less than favorable economic news in the days ahead.

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