Well, the results of the stress tests were revealed this past week. It turned out to be much ado about nothing. In fact, most of the banking stocks went up on the news. It does leave the question as to what the Obama Administration is really trying to accomplish through a process that didn’t make much [...]
Archive for the ‘Stress Testing’ Category
Hardly Stressing
Posted in Stress Testing, tagged Stock Market, Bob Brooks, Prudent Money, S&P 500, Bear Market Rally, bear market, Deceptive Money, stock market rally, Prudent Money Blog, Unemployment, Risk, Obama Administration, Government, stress test, unemployment numbers, banking stocks, Alan Abelson on May 11, 2009 | 1 Comment »
A Deeper Look into Stress Testing Reveals March towards Socialism
Posted in Stress Testing, tagged Analyst Jeff Saut, Bob Brooks, Deceptive Money, Government, Prudent Money, Risk, S&P 500, selling stock, Stress Testing, stress tests of the banking system, Swine Flu on May 4, 2009 | 3 Comments »
As the news and analysis continues to flow from this stress testing of the banking system, I become more and more disturbed. The Government decided it would be a good idea to run a simulated stress test on 19 of the largest banks in the United States. They want to make sure that they banking [...]