wall street

Does Congress Really Want to Regulate Wall Street?

More than one year after the financial collapse, Senate Banking Chair Christopher Dodd formally released a proposed financial reform bill, entitled “Restoring American Financial Stability.” The bill intends to create three new independent agencies: the Consumer Financial Protection Agency, the Agency for Financial Stability and the Financial Institutions Regulatory Administration. It intends to create a […]

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Profit Takers, Wall Street and Your Investments

Every so often I hear a television or radio commentator talking about the day’s trading on the New York Stock Exchange. Sometimes they say, “The market was up today, but profit takers drove stocks lower late in the day.” They make profit takers sound like bad guys. Does buy-and-hold investing produce profit takers? Or is […]

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