I got a show on Tuesday and I don't have time for this

[solarbird]

I'm too busy trying to get a new single out (soon! very very soon!) and make some CDs and prep for the show on Tuesday! to do economics but I just have to drop in a note that this market is terrifyingly unstable. These gyrations are not good. Violent upswings are, I suppose, better than violent downswings, but not that much! None of them are indicative of happy fun times.

And remember: there is no law here, so watch it.

Now back to work. Single soon. It's ready, I'm just hoping for a comment back from somebody (who might, you know, catch something) before I post it. Good luck!

Comments

[maellenkleth]

Hei -- I'll give it a couple more listens on fine granularity now.

[phillipalden.livejournal.com]

I don't know what information the sharks on Wall Street have that we don't, but I wonder if they realize that this whole "recovery" is built on a house of cards; that the large banks are virtually insolvent and are just hiding all that red ink; that the unemployment rate is probably closer to 20% than the government's "10%;" or that the housing default/homeless rate will skyrocket once unemployment benefits run out; and that our two disastrous wars are costing us much more (each day) than this country can afford.

The "recovery" is based upon lies, and what's happening in Europe is merely a signal of worse things to come. Maybe that's why the stock market is gyrating like a whirling dervish.

[flit.livejournal.com]

This is a REALLY stupid time to be even thinking about it, but can you recommend an Investing 4 Noobs website or book? My 401(k) got rolled into an IRA when I became disabled, and I would like to not eat cat food when we've retired, so I'd like to figure out how to make that money grow some. It was festering unwatched in a mutual fund for ages, but recently when the market got happy again we moved it into a money market account. Now I'm not really sure what to do, though waiting until things become more sane doesn't seem like a DUMB plan. I've tried learning more and mostly find it overwhelming and am having trouble finding a good starting point, because I'm disillusioned and feel like most financial experts have an angle, and that I'm too dumb to even spot it. I'd love to just find a website that teaches me how to do reasonable risk assessment and then chip away at that. I know I'm limited at what I can put IRA funds into, as well.