I have been busy all day and didn’t get to follow most of the day’s developments. Wow, what a day on world stock markets. At the end of the day DOW dropped 635 points. More on the market plunge later. At 10 AM Eastern, I sneaked out to join TV9 bulletin live via telephone – […]
Update 8/9/2011: Good morning. While I am educating myself this morning, I would like to share what I have been reading/watching: Yesterday’s 634 rout was primarily blamed on S&P downgrading US debt. I believe it is just a trigger. But trouble has been brewing for a while. Indecisive leadership from Obama and a dysfunctional political […]
Monday August 8, 2011 The Forecloser John Oliver gets the scoop on a Florida couple and rookie lawyer who foreclosed on Bank of America and turns their incredible story into a movie. (05:51) The Daily Show – The Forecloser Get More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook
The silence is deafening. I have been a regular participant on bulletin boards and/or blogs related to financial markets during the periods 1994-2000, and 2008-2009. During the 2000-2007 period, I was more of a silent observer, but I was doing all the catchup necessary to help me make better decisions at investing. The last blogspot […]
On Sunday, Aug 7 TANA Treasurer Mr. Satish Vemana joined Prof Mohan for a special live show on TORi. Satish has taken the lead on behalf of TANA to represent the interests of UNVA students with US Government. The conversation was focused on TANA’s efforts to help UNVA students from India. Several affected students called […]
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Professors Mohan and Michael Krimmer (Northern Virginia Community College, NVCC system) discuss their career paths, interview tips and take listener calls. Part 2 of 2 Audio Language: English Date of Broadcast: July 15, 2011 http://media.blubrry.com/mmgl/teluglobe.com/wp-content/uploads/2011/08/Mohan-Venigalla-with-Mike-Krimmer-Career-Planning-and-Job-Interviews-2-of-2.mp3Podcast: Play in new window | Download () | EmbedSubscribe: RSS
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Professors Mohan and Michael Krimmer (Northern Virginia Community College, NVCC system) discuss their career paths, interview tips and take listener calls. Part 1 of 2 Audio Language: English Date of Broadcast on TORi: July 15, 2011 http://media.blubrry.com/mmgl/teluglobe.com/wp-content/uploads/2011/08/Mohan-Venigalla-with-Mike-Krimmer-Career-Planning-and-Job-Interviews-1-of-2.mp3Podcast: Play in new window | Download () | EmbedSubscribe: RSS
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First, futures update: Dow futures are down 289 and S&P futures are down about 32. I would say, it is not as bad as many feared. We just have to wait till Monday and see how things will shape up. [I would venture to guess, the markets will be down big at the open and […]
More like “dasaavadhaanam” The Colbert Report, Monday March 7, 2011 Joshua Foer explains that having a European coach was like bringing a gun to a knife fight at the U.S. Memory Championship. The Colbert Report Get More: Colbert Report Full Episodes,Political Humor & Satire Blog,Video Archive
Tune in to Prof Mohana Murali’s special live show on TORi on Sunday, Aug 7 at 2 PM US Eastern. Mr. Satish Vemana, Treasurer of TANA will join Prof Mohan to give an update on TANA’s efforts to resolve the situation of Indian students affected by the ICE action against University of Norther Virginia. Call […]
On April 18th, I posted this note about Goldman’s take on S&P’s outlook change on US debt. There is a saying in Telugu, “dongalu dongalu oollu panchukunntlu” (Just like thieves divided the villages among themselves to rob). True to this age old maxim, Wall Street banks and the ratings agencies robbed us of our retirement […]
On Friday, Aug 5 2011 at 8:01 PM when all financial markets (ex ForEx) in all western countries have closed for trading, Standard and Poor’s downgraded US Debt. Via Bloomberg: S&P lowered the U.S. one level to AA+ while keeping the outlook at “negative” as it becomes less confident Congress will end Bush-era tax cuts […]
Sorry to spoil your morning. CNBC’s Larry Kudlow tweeted this last night. Bank runs in Italy. This cannot be good.
Fascinating lecture on algos and how they operate in the trading universe.
As I mentioned several times, India with only 128% of debt burden (sovereign + consumer debt) and huge population, is the right place to be for economic growth, closely followed by China.
