Happy New Year, everyone! For those still keeping an eye on the markets on this last trading day of the year, Bear Mountain Bull has today's Market Wrap , as well as a look at the action in the S&P 500 for you. Meanwhile, Bloomberg summarizes the financial events of 2008 in, "Journal of a Plague Year: Faith in Markets Crack Under Losses" . It seems the scope of economic events (bankruptcies, bailouts, and record-breaking Ponzi schemes) was a bit overwhelming this year, especially given the constant stream of economic cheerleading from media and government/central bank officials ("everything's fine!") during most of 2008. Now that the tide has gone out, we see who's been swimming naked . We'll be back on Friday to wrap up 2008 and look to the investment trends and cultural themes for 2009. Until then, please enjoy our most recent posts and have a great New Year's holiday.
A trader's view of the stock market and emerging financial trends.