Showing posts with label annoucement. Show all posts
Showing posts with label annoucement. Show all posts

Wednesday, April 30, 2008

Is Al Gore also the inventor of Green Investing?

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You all remember that Al Gore invented the internet, don't you? Well, now Al Gore is getting into green investing with a huge fund called "Climate Solutions Fund." The fund and investment vehicle, which has been headed up by Al Gore has raised about $683 million to fund "early-stage environmental companies" and leverage its capital toward the green movement. Can you imagine what kind of influence it could start having on companies to go green or greener? This fund will be the biggest "green fund" in the investment market.

So, he couldn't be president. I think he is very happy with that now. He probably will be able to have more influence and make a hell-of-a-lot more money being GREEN!

Tuesday, March 18, 2008

Fed Speculation

The market is rallying this morning in anticipation of the Fed announcement. This kind of excitement tells me anything less than a full point will disappoint and probably lead to a sell off. Of course another interest rate cut in front of today's inflation news seems foolish to me. It supposedly takes 6 months for a cut to take affect. Cutting rates won't make banks lend money. Cutting rates won't raise consumer confidence. I sure miss Reagan's strong dollar policy that fed the markets through 1980-90s creating one of the largest bull markets the country has ever seen.