Jay Walker
Jay Walker is a part time Forex trader. As part of his trading strategy, he studies the markets and reports on his observations.
Contact Jay by clicking below to email him or visit his blog.
Contact Jay by clicking below to email him or visit his blog.
Articles by Jay Walker
November 21, 2008
hat is needed is for America to go back to entrepreneurship. Nobody alive today remembers but there was a time in history when GM, Ford and Chrysler didn´t exist. These companies came into existence because individuals like Alfred Sloan, Henry Ford and Walter Chrysler had the vision, the audacity and the courage to create something different. In that era, that meant the creation of some method of transportation that was better than a horse.
August 20, 2008
I believe that the mortgage crisis was the first of many dominoes to fall. After all, the policies of the banks reflect the ones of their government and judging by how the American government has been borrowing and spending itself into oblivion these past years the reasons why some banks would fail become self-explanatory
July 30, 2008
This SEC order amounts to socialism and I find it hypocritical that a government agency of a country that claims to promote capitalism will act in such a manner. To watch market forces at work when unencumbered is a beautiful thing. Certainly, the occasional stock goes south but that´s the nature of the beast.
July 29, 2008
The 30 seconds TV commercial mentions a site, a 7:50 long video where the full effect of people´s reactions can be seen. They vary from confusion, shock and anger. One nearly gets violent.
over a burger.
So how are people supposed to react now that Bloomberg got a story out about the U.S. Deficit to reach $490 Billion in 2009?
July 25, 2008
When Governor Davis was ousted, Schwarzenegger was brought in to clean up the house which is exactly what he is trying to accomplish. The fact that he is considering such punitive measure just goes to show how much he has to put up with. Donīt blame him, blame the people stopping him from doing his job of cleaning up the mess that is the financial books of the State.
July 23, 2008
It's no secret that a lot of people are now facing financial hardships. Many are losing their home and many more are just trying to keep up with mortgage payments. There is also too many people using credit cards and effectively going into debt just to pay the gas that allows them to commute between home and work.
July 23, 2008
judging by the recent reported troubles of Wachovia, the apparent lack of customer care and the possibility of criminal employees, I know who I will not bank with.
July 22, 2008
American Express saw it's shares fall by 11 percent today after withdrawing their 2008 earning forecasts. Second quarter profits fell 37 percent.
July 19, 2008
IndyMac has been a champion at giving out alt-A mortgages. In fact, if giving out alt-A mortgages was a sport, they would have been on the Wheaties box.
July 17, 2008
In a time of economic crisis, it is quite an inflammatory thing to say that Ben Bernanke wants to purposefully collapse the U.S. Dollar.