Keeping Your Money Safe

Date July 17, 2008

After the collapse of IndyMac and Bear Stearns, everyone is wondering if their money is safe. I have been hearing alot of people warning their friends and family that they should keep no more than $100,000, the limit of FDIC insurance, at any one bank.
My colleague Boris Schlossberg shared this great article [...]

Stories Affecting the Dollar on 07.17.08

Date July 17, 2008

Bank earnings, oil prices and diversification are driving the dollar this morning. The big question is whether the problems with Fannie Mae, Freddie Mac and IndyMac have extended to JPMorgan, Merrill Lynch and Citigroup.
Although JPMorgan reported a 53 percent drop in profit, their decline was less than the market expected. Merrill Lynchhowever may [...]

In the Financial Papers: Today’s Top Forex News 07.17.08

Date July 17, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:47 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
Read my Daily report on DailyFX.com
In the Financial Papers:

 
Podcast Covers:
Housing Starts, Building Permits Jobless Claims all Better than Expected
Bank Earnings
Sovereign Funds Cut Exposure to Weaker Dollar
Clouds Over Eurozone
Fed Conforts [...]