Charting Stocks

The credit worthiness of the United States is deteriorating rapidly and may lead to a credit rating downgrade.
In our 2009 forecast, we mentioned that the United States may be downgraded this year.  The trillions of dollars being pumped into a dying financial system will have its consequences. The treasury is expected to issue $2 trillion [...]

Capital One Financial Corp. has increased the interest rate it charges card holders by 14% regardless of  credit worthiness. The bank was the recipient of $3.56 billion in US taxpayer money which was given as an incentive to lend to the public. Capital One has since announced the acquisition of a major bank and the [...]