Pamplona Finance Newsletter for January 2009 (New Year Edition)
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Micah Lucas
Jan 5, 2009, 11:11:53 AM1/5/09
to pamplon...@googlegroups.com
HAPPY NEW YEAR PAMPLONA!!!
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News Articles
I am sure I am not the only one that is excited as I fill up my gas tank these days. Many people wonder why it was necessary for gas prices to double and triple current rates. This article explains the hit that many automakers are taking around the world in our current economy. Could the lower gas prices just be an effort to increase car sales? If so, why were we not able to have the same gas prices before?
News Articles
I am sure I am not the only one that is excited as I fill up my gas tank these days. Many people wonder why it was necessary for gas prices to double and triple current rates. This article explains the hit that many automakers are taking around the world in our current economy. Could the lower gas prices just be an effort to increase car sales? If so, why were we not able to have the same gas prices before?
http://money.cnn.com/2009/01/05/autos/global_auto_sales.reut/index.htm?postversion=2009010509
Along the lines of the first article, this article pushes to explain recent decreases in oil rates due to the lack of demand. As previously stated, oil prices have decreased significantly from rates this time a year ago. One would think that consumption of oil would go up significantly as well. Could it be that the consumer has learned from previous mistakes about the consumption of unneccessary energy and is now making a cautious effort to use less despite decreasing rates?
Along the lines of the first article, this article pushes to explain recent decreases in oil rates due to the lack of demand. As previously stated, oil prices have decreased significantly from rates this time a year ago. One would think that consumption of oil would go up significantly as well. Could it be that the consumer has learned from previous mistakes about the consumption of unneccessary energy and is now making a cautious effort to use less despite decreasing rates?
Cities around our country are feeling the woes of our economy. Some cities are considering declaring bankrupt. Who would have thought that they would ever see that occur?
This article discuses the plea of 5 governors who want the Federal government to allocate 1 trillion dollars to be distributed to amongst the 50 United States. Talk about a bailout!
http://money.cnn.com/2009/01/02/news/economy/governors_trillion.reut/index.htm?postversion=2009010218
Buy! Buy! Buy! If you are in a stable financial situation and are considering purchasing a home, now is the time to buy this article explains. Mortgage rates are at a 37 year low as the housing market struggles to recover and stabilize.
Buy! Buy! Buy! If you are in a stable financial situation and are considering purchasing a home, now is the time to buy this article explains. Mortgage rates are at a 37 year low as the housing market struggles to recover and stabilize.
This veteran stock investor tells of his great successes purchasing stocks for 30 plus years and the hits he took during this past years instability. He gives a few hints as to his past success and what he plans to do in the future.
Vanguard's "chief investing guru" relays his thoughts on purchasing stocks in this current market. He kindof has a Warren Buffett approach in that he prefers to purchase for the longhaul and not for immediate gains.
- Micah Lucas
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