... said CEO John Challenger. “However, it is important to realize that, as deep and widespread as this recession was, it is going to be a long and sometimes painful recovery.”
Soon after the ...
Friday, November 06, 2009
Although Fed Chairman Ben Bernanke claims the recession is over, this Friday's unemployment figures are not expected to provide significant encouragement that the U.S. is in recovery mode.
The U.S. ...
Thursday, November 05, 2009
Washington’s cheery propaganda is not fooling the rest of the country one bit.
“Recession Ends.” That was the bold-print headline I came across Friday morning as I opened up my news feeds. “What wonderful ...
Monday, October 19, 2009
4.
No Recession in Chindia
(Matching tags: Ryan Cole,BRIC Countries,Gross Domestic Product (GDP),China Investments,India Investments,Recession,Emerging Markets)
... In both China and India – along with other developing markets – the recession hasn’t hurt GDP growth, despite falling exports. China’s GDP is expanding at a 7.9% clip, according ...
Monday, October 05, 2009
5.
A Twisted Excuse
(Matching tags: Technical Analysis,WaveStrength Options Weekly,Editor Adam Lass,Market Analysis,Recession)
... key memes that offer clues as to what’s coming. The first is Washington’s latest correction of the second quarter’s GDP loss. It appears that they are unwilling to wait out the recession ’s end (natural ...
Thursday, October 01, 2009
Mortage rates for 30-year fixed homes loans fell thus further increasing the hype that the recession may be over.
From Brian Louis, Bloomberg:
Sept. 17 (Bloomberg) -- Mortgage rates for 30-year fixed ...
Thursday, September 17, 2009
Brazil, Latin America's biggest economy, has pulled out of a recession , 2nd quarter data shows.
From Reuters:
SAO PAULO, Sept 11 (Reuters) - Brazil made a stronger-than-expected exit from recession ...
Friday, September 11, 2009
... Postal Service. Historically, both federal and state governments were safe havens during recession ary periods, and increased the labor force.
Government, as University of New Orleans economics professor ...
Thursday, September 03, 2009
... filed jobless-benefit claims last week, indicating companies remain focused on cutting expenses as the economy emerges from its worst recession since the 1930s.
Applications fell by 4,000 to 570,000 ...
Thursday, September 03, 2009
Packed streets, packed restaurants and people spending money – what kind of bizarre recession is this? To understand, you have to know what's happening at the margins... because that's where fortunes are ...
Tuesday, August 18, 2009
... created in the 1930s. But unemployment in this recession has proved to be especially tenacious, and a wave of job-seekers is using up even this prolonged aid.
Tens of thousands of workers have already ...
Monday, August 03, 2009
... U.K. is suffering much worse from the global economic recession than once thought. In fact recent data showed the British economy contracted by twice as much as economists had forecast, leaving the country ...
Friday, July 31, 2009
Following a bundle of better-than-expected reports, stocks pushed to their highest level since November 2008.
From Alexandra Twin, CNN Money:
NEW YORK (CNNMoney.com) -- Stocks surged Thursday, hitting ...
Thursday, July 30, 2009
... to reduce China’s reliance on exports.
But another economy worth looking at is London. The U.K. is suffering much worse from the global economic recession than once thought. In fact recent data showed ...
Tuesday, July 28, 2009
Still fighting off the recession with the rest of the world, Chicago has the added goal of securing the spot of host for the 2016 Summer Olympic games.
From Monica Davey, The New York Times:
CHICAGO ...
Monday, July 27, 2009
... on that flight, there was a family of scorpions on board, and one succeeded in stinging a passenger.
But the airline industry has been stung by a much bigger predator: the recession .
Delta Air Lines, ...
Wednesday, July 22, 2009
California lawmakers reached an agreement on Monday for a state budget that will fix the $26 billion deficit.
From Stu Woo and Ryan Knutson, Wall Street Journal :
SACRAMENTO, Calif. -- Gov. Arnold ...
Tuesday, July 21, 2009
...
Early news of the deal has had a positive effect on U.S. and international markets, adding to hopes that the recession is ending.
When will the recession be over? That’s the question on everyone’s ...
Monday, July 20, 2009
... much as the cheerleading squad might wish to muddle the issues, the basic facts of the matter remain quite clear. Every honest economist concedes that the recession will continue through the rest of ...
Thursday, July 16, 2009
... stages of recovery across the globe, with emerging economies including China helping pull the world out of the worst recession in six decades, while Europe lags behind the U.S. and Japan. The fund warned ...
Wednesday, July 08, 2009
... mired in a recession that could see it shrink by about 2.9 percent this year.
Forecasts from the World Bank on Monday highlighted just how painful the recession s will be in various regions, despite mounting ...
Monday, June 22, 2009
Seven Recession -Proof Industries
Take advantage of 7 mega-trends to protect against today's recession ... even make early investors filthy rich... and leave Wall Street in the dust!
A Taipan Publishing ...
Thursday, April 23, 2009
As the U.S. government seems to be pushing General Motors (GM:NYSE) closer to bankruptcy, GM bondholders are starting to get nervous.
Late yesterday, the government announced it might be interested in ...
Wednesday, April 15, 2009
Nineteen of the largest banks in the United States are being poked and prodded, and hooked up to fancy EKGs and beeping monitors…
The U.S. government is “stress testing” their balance sheets. Another ...
Monday, April 13, 2009
... Each places unemployment patterns in the context of previous recession s over some 20 years.
The first thing you might notice is that unemployment does indeed go up during recession s. “Well duh: That’s ...
Monday, April 06, 2009
The G-20 is a consortium of the world’s 20 most powerful economies. These leaders have descended on London amid protests and scrutiny as the world faces what may be the most challenging economic scenario ...
Monday, March 30, 2009
... the early 1990s, when bad commercial-property debt played a big role in dragging the economy into a recession . Then, close to 1,000 U.S. banks and savings institutions failed. Lenders took about $48.5 ...
Thursday, March 26, 2009
The U.S. dollar has been on a bit of a volatile tear lately. First, China suggests that the world should have a global reserve currency independent of a specific country-based currency.
In other words, ...
Wednesday, March 25, 2009
Two bits of economic data have unexpectedly good figures: durable goods and new home sales.
As Congress and the administration are griping about American International Group’s (AIG:NYSE) bonus scandal, ...
Wednesday, March 25, 2009
... it would buy $300 billion in U.S. Treasury bonds. This fueled a nice little rally in global stock markets, but underlying all the hype is inflation. While the world is in a recession , this fear hasn’t ...
Monday, March 23, 2009
We knew it was coming. It was the plan all along, left hanging over from the last administration’s bailout plan… Buy up the bad assets banks purchased so that they can clear their books and start lending ...
Monday, March 23, 2009
The rally on U.S. markets was extended today when Federal Reserve Chairman Ben Bernanke said that America’s recession “probably will end this year” if the banking system has been bolstered enough.
In ...
Monday, March 16, 2009
... recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able ...
Friday, February 06, 2009
... cheap junk from Lillian Vernon for that matter. The recession has slain them both.
No more sheets and towels from Linens ‘n Things. And possibly none from Bed Bath and Beyond, if things don’t turn around ...
Monday, January 26, 2009
... how long the recession will last. Not that most stock traders really care about recession s per se. It’s just another layer of “tea leaf reading” that may or may not offer insight into what they really ...
Monday, January 12, 2009
...
Deadbeats, crooks and idiots one and all, each one thoroughly deserving of the punishment the recession has doled out.
Deeper and Longer
Because it is a recession , and not one of those quickie two-quarter ...
Saturday, January 03, 2009
Detroit’s corporate jets and dollar paychecks don’t mean a damn thing in a global recession .
The labor situation has become so dire that you can now hire an American Blue Chip CEO for a dollar – and ...
Thursday, December 04, 2008
... cold forever more.
It’s a Recession After All -- Who Knew?
As if that weren’t enough, there’s more: After being warned for over a year that the real economy was suffering as much as (if not more than) ...
Thursday, November 13, 2008
... America’s (BAC:NYSE) complete capitulation to the global recession . We are talking white flag here. Full-blown dishonorable retreat.
For months, Wall Street’s cheerleaders have quibbled as to how there ...
Thursday, October 09, 2008
... with foreclosures setting new records, with most reputable economists (read as “not bought off by Wall Street and Washington”) conceding that we are already in a recession that will not end for at least ...
Monday, September 15, 2008
... makes you a lot of money. But in the heart of a market recession (like we have right now), I can’t see a company like WHR being able to maintain any upside momentum.
After all, millions of unsold U.S. ...
Thursday, September 11, 2008
... surely an indication of recession . Maybe it is and maybe it ain’t. But what I can tell you is “what we know we don’t know”: That employment number is a total fraud. Has been for the better part of a decade. ...
Monday, September 08, 2008
... it comes to the dismal science of economics. Here, there are all sorts of conditions that are, well, conditional, as it were. In fact, it’s about as hard to get a country to admit that it is in recession ...
Monday, August 18, 2008
