Last night was the premiere of Wall Street: Money Never Sleeps in New York, and Michael Douglas showed up on the red carpet, but declined to speak to reporters.  Douglas announced in August that he had been diagnosed with stage 4 throat cancer and is currently undergoing chemotherapy and radiation. As anyone who has been [...]

As Snarkista writes this, (very early Monday morning) Asian Markets are plunging. Investors are taking little comfort from Washington’s pork-filled $700 billion bank bailout. They’re focused instead on the deepening financial trouble in Europe which threatens to paralyze global growth. Japan’s Nikkei average is down 4.4%. Hong Kong’s Hang Seng Index is down 3.7%. China, [...]

Full disclosure, my children…this ain’t Snarkista’s first Wall Street Rodeo. No, she got to live Black Monday: October 19th, 1987 up close and personal as a rookie portfolio manager. And she’s lived through everything that’s happened in the markets since. At the time of Black Monday, many “investors” were actually “gamblers”. The same is true [...]