by Manchester Financial | Jan 15, 2010 | Economy, Investing, Markets
We would like to tell you everything is fine and there’s nothing to worry about. However, we must accept the present reality which is not all that pretty.The housing bubble, which was created by an incompetent government and fueled by Wall Street greed, has led to...
by Manchester Financial | Oct 22, 2009 | Economy, Financial Planning, Markets
There have always been risks, and Lloyd’s of London began insuring them in 1688. They’ll provide coverage for just about anything under the sun from body parts, to voices, natural disasters, and even kidnappings by aliens. Celebrity leg insurance is one of the more...
by Manchester Financial | Sep 30, 2009 | Economy, Investing, Markets
The New Gold Rush! California was the home of the original gold rush in 1849 and Wall Street is now the cause for the new gold rush in 2009.The first rush was fueled by greed after the discovery of gold, providing opportunity to improve one’s lot in life.This...
by Manchester Financial | Aug 22, 2009 | Economy, Investing, Markets
Stock markets around the world have rallied strong from their March lows, retracing about one-half of their losses. While this is better than the alternative, it is also very typical of a bear market rally, so it does not necessarily mean we’re out of the woods....
by Manchester Financial | Jul 15, 2009 | Economy, Investing, Markets
Our current view is more cautious than optimistic. Because the drop-off was so severe, there is certainly a likely case for a short-term recovery. However, the unwillingness of lenders to take on even typical risks will throw a road block in front of any potential...
by Manchester Financial | Jun 10, 2009 | Economy, Financial Planning, Markets
Six months ago, the real estate market appeared mortally wounded. Today, however, many sellers are receiving multiple offers on their homes; lower prices make this a great time to be a buyer or get your property taxes reduced; and low interest rates make this an ideal...
