Warning: call_user_func_array() [function.call-user-func-array]: First argument is expected to be a valid callback, '' was given in /home/content/50/8762750/html/wp-includes/class-wp-hook.php on line 298

MAINSTREAM MEDIA OUTLETS ARE DEVOTING MORE AIRTIME AND FRONT PAGE SPACE TO THE DEVELOPING BANKING AND FINANCIAL SYSTEM CRISES.

MAINSTREAM MEDIA OUTLETS ARE DEVOTING MORE AIRTIME AND FRONT PAGE SPACE TO THE DEVELOPING BANKING AND FINANCIAL SYSTEM CRISES.

Mainstream media outlets are devoting more airtime and front page space to the developing banking and financial system crises.  There were two articles this weekend that may be useful.  One article is for those who are interested in the evolution of the housing market’s problems, and another about the banking system’s inability and/or unwillingness to lend.

From the October 5, 2008 NY TIMES:

Pressured to Take More Risk, Fannie Reached Tipping Point

By: CHARLES DUHIGG

http://www.nytimes.com/2008/10/05/business/05fannie.html?partner=rssnyt&emc=rss

From the October 4, 2008 THE ECONOMIST:

Blocked Pipes

http://www.economist.com/displaystory.cfm?story_id=12342237

We recommend the Blocked Pipes article as it clearly explains the concerns that we have had for years about the banking system of the world.  After reading the Blocked Pipes article, you can see why we remain pessimistic about a rapid recovery of the world banking system.  We strongly recommend that readers contact us, about the security of the banking institutions where they have their assets.  Our attorneys have carefully analyzed the legal language of many institutions, and we have strong opinions about which banks and which areas within banks provide the most safety for investors.  We will be happy to discuss your situation with you and suggest alternatives for you.

Albeit a little late, it appears that the problems within the global financial system have captured the interest of the general public, not just investors.  Markets are often held captive to fear and greed.  Fear has clarified the public’s attention.  Those who may have had a casual interest in how the world of investing worked before are becoming convinced they need to understand what happened, what is happening, how it might affect them, and what steps if any should they take.

The markets are based on psychology, and understanding the public psyche is important to successful investing.  Since people still rely on the media for much of their information, we believe it is valuable to monitor.

Thanks for listening, and please feel free to contact us if we can be of assistance.


These articles are for informational purposes only and are not intended to be a solicitation, offering or recommendation of any security.  Guild Investment Management does not represent that the securities, products, or services discussed in this web site are suitable or appropriate for all investors.   Any market analysis constitutes an opinion that may not be correct.  Readers must make their own independent investment decisions.

The information in this article is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject Guild Investment Management to any registration requirement within such jurisdiction or country.

Any opinions expressed herein, are subject to change without notice.  In addition, there are many market, currency, economic, political, business, technological and other risks that are beyond our control.  We make reasonable efforts to provide accurate content in these articles; however, some content and some of the assumptions, formulas, algorithms and other data that impact the content may be inaccurate, outdated, or otherwise inappropriate.  In addition, we may have conflicts of interest with respect to any investments mentioned.  Our principals and our clients may hold positions in investments mentioned on the site or we may take positions contrary to investments mentioned.

Guild’s current and past market commentaries are protected by copyright.  Apart from any use permitted under the Copyright Act, you must not copy, frame, modify, transmit or distribute the market commentaries, without seeking the prior consent of Guild.