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Global Financial Market Tips, News and Opinion

An investment blog by a professional investor with insights straight from inside Wall Street.

A Mini Break…Obama and Geithner Can Thank Me Later

by The Wall Street Geek

My beautiful and inspirational grandmother was sent home to the heavens on Monday. I flew to her small town in Louisiana this past weekend to say goodbye. Coming back to NYC, my main priority was my clients. So for the rest of this week, I’m focused on getting them through this market ride. Otherwise, I’d […]

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The Dow Doesn’t Like Obama’s Administration…

by The Wall Street Geek

…or so it seems! The Dow took a dive today into high-7000′s territory after Geithner delivered the much-hyped outline for TARP the Sequel. Honestly, I felt underwhelmed as I watched his speech. The speech was so hyped that I expected to hear specifics–for example, how exactly would the fund distribution be tracked. Geithner mentioned that […]

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Is the Stimulus Plan Trying to Do Too Much?

by The Wall Street Geek

Never did I think I would accuse someone of too much stimulation… But there’s a lot of things going on in the President’s economic stimulus plan. As a side note, I’m a huge fan of President Obama and support him 100%. But he’s a person who enjoys being challenged, so here we go. On a […]

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Team Claire McCaskill

by The Wall Street Geek

You tell ‘em sister! I’ve been on Wall Street since the late 90′s, but am now at a private down-to-earth firm. So I’m just as outraged about the $18B in bonuses that were doled out last year at the big banks–e.g., Merrill, Bank of America, and others that received TARP money. I’d venture to say […]

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The President Rips Wall Street a New One

by The Wall Street Geek

Thank God I’m at a private, down-to-earth bank now. But prior to today, I was an officer at a big blue blood Wall Street bank that I’m sure was one of the banks that doled out bonuses this past December. Starting out, my salary was low. But at the end of my first year, I […]

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Lilly Adds Another Brick in the Road Paved for Women

by The Wall Street Geek

No more feeling helpless when you find out that your former male coworker made several thousand more than you for the same job. NO MORE!! President Obama signed the Lily Ledbetter Equal Pay bill this morning. I nearly cried when I saw this image on my computer streaming live. That’s Ms. Ledbetter standing behind the […]

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George Soros Invokes Santa Claus

by The Wall Street Geek

Billionaire investor George Soros gave an insightful interview on CNBC today at the World Economic forum with Maria Bartiromo (who is much easier on the ears than Dylan Ratigan)… It’s interesting how he says that we shouldn’t put money into creating banks for bad assets, but recapitalize the good ones. Good point, but it strangely […]

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Ron Paul Jumped the Shark

by The Wall Street Geek

Senator Paul is right in that the economy needs to deflate to a level that’s able to self-support without the goverment’s help, and that the government is spending too much (which will weaken the dollar, and leave our grandkids’ kids still holding the bill). And I agree to lowering overseas spending, and using that money […]

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Team Dick Durbin

by The Wall Street Geek

Do you know who this person is? She’s Lily Ledbetter, the woman who sued Goodyear for not paying her a salary equal to men who had the same job. This pay inequality happened over a period of decades. She lost her case in 2006. The Supreme Court ruled that she should have filed her lawsuit […]

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Malia and Sasha Trade Indicator

by The Wall Street Geek

Malia and Sasha Obama were adorable at the Inauguration, and the world took notice. Their outfits were specially made by J. Crew. When word got out about this, parents flocked to jcrew.com crashing the server!! The following day, J. Crew’s stock was one of very few that was up for the day. Way up. Little […]

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