[Previous] Does the Economy Hold a Silver Lining For Yellow Pages?...
[Next] Ron Paul ”˜Disappeared’ but Economy Diving int...
Some related posts from Technorati and Google.
[boom2bust.com] Forget Tomorrow, It’s A Hard Knock Life: By then, the risk may be that Washington runs out of “magic bullets.” I’m not the only one who thinks this. Referring to last week’s action by the Federal Reserve to decrease the federal funds rate to 2.25% amidst a 19.7% drop in the S&P 500 Index since its October high, legendary investor Jim Rogers told Bloomberg last week:
[The Teeming Brain] Headlines from the meltdown: Sunday, March 23, 2008: Until a few months ago, it was accepted wisdom that the American economy functioned far more smoothly than in the past. Economic expansions lasted longer, and recessions were both shorter and milder.
[You Decide 2008] Even with Time, McCain’s Chances Contingent on Economy: Seven months before Election Day, rising home foreclosures, shrinking financial assets and gasoline approaching a record $4 a gallon are daily reminders that the U.S. economy may be the worst in almost 30 years.
[Teresa Lo | invivoanalytics.com] Observations and Stocks for Monday: Moorman, chief executive officer of Norfolk Southern Corp., talks with Bloomberg’s Deirdre Bolton and Michael McKee about the U.S. economy, the impact of the American Axle & Manufacturing Holdings Corp.
[The Teeming Brain] Headlines from the meltdown: Sunday, March 16, 2008: Mortimer Zuckerman, co-founder of Boston Properties Inc., the largest U.S. office real estate investment trust, said the U.S. economy is in a recession and there’s no sign of a recovery.
[jamie.com] Global systemic crisis / September 2008 - Phase of collapse of US ...: A revealing harbinger: from March 2008 onward, the US government will stop a service publishing its economic indicators due to budget restrictions (3). Those who read the GEAB N°2 (02/2006) and included Alert certainly keep in mind our anticipation which connected the upcoming fall of the US dollar with the US Fed’s decision to cease publishing the M3 indicator.
[boom2bust.com] Paulson, Bernanke: Coin-Operated Boys?: ROGERS: I mean, look, the Federal Reserve has just in the last week spent about $230 billion taking on loans, house loans, mortgages, out of the system. This man Bernanke was never elected by anybody.
[Financial Markets] US Economy: Drop in Retail Sales Signals Recession: The odds the economy would slide into a recession this year were even, according to the median estimate in a Bloomberg News survey this month, the same as in the February poll. The economy lost 63,000 jobs in February, the most since 2003, the government said this month.
[GM Inside News Forum] Toyota Trims Production of Tundra: March 17 (Bloomberg) -- Industrial production in the US dropped more than forecast in February as the economic slump deepened even before the crisis in financial markets intensified. Production at factories, mines and utilities fell 0.5 .
[Finance Blog number 1] Sales Probably Cooled as Fuel Prices Rose: US Economy Preview: A Labor Department report on the same day may show prices paid by consumers rose 0.3 percent in February, according to the Bloomberg survey median, after a 0.4 percent gain the prior month. Excluding food and energy, so-called core prices probably increased 0.2 percent after a 0.3 percent gain the prior month.
[Global News Blog] China - CNBC US: Raw Story - On Monday, Chinese-American veteran Joan Chen won best supporting actress honours for “The Sun Also Rises”, while China’s Sun Honglei was named best supporting actor for his work in “Mongol”, about the life of Genghis Khan.
[Climate Crisis Coalition - Daily News] Weekend Summary: By Edwin Chen, Bloomberg News, March 21, 2008. “John McCain is so passionate about global warming that he talks about it at some campaign events before bringing up Iraq.
[Global News Blog] Terrorism and Insurgency - Sri Lanka’s Tigers On the Prowl (Far ...: An Ontario man of Sri Lanka origin appeared in a Vancouver courtroom yesterday morning to face Canada’s first terrorism financing charge of collecting money for the Liberation Tigers of Tamil Eelam, Royal Canadian Mountain Police (RCMP) said.
[Goldnotes - A Resource Investor's Blog] London Irvine Report, March 13, 2008: The currency also slid to an all-time low against the Swiss franc after Carlyle’s mortgage-bond fund said lenders will seize its assets. Government reports today will probably show U.S. retail sales growth slowed and unemployment claims rose.
[Global News Blog] Latin America - Companion Global Dental Clients Have New Reason to ...: Mexico’s consumer prices rose 0.48 percent in the first half of March, the central bank said. Economists expected an inflation rate of 0.21 percent for the first 15 days of the month, according to the median estimate of 14 economists surveyed by Bloomberg.
[bank run blog] interest rates down, first-time jobless numbers up: Bloomberg reported, “U.S. companies are cutting staff as the biggest housing slump in a quarter century, tighter credit and mounting financial losses push the economy toward a recession.” Bloomberg said that the Fed acknowledged that “labor markets had softened as it cut interest rates earlier this week,”
Reflected tags on Technorati: Blog, Deficits: Blogs, Photos, Videos And More On Technorati, Centrist: Blogs, Photos, Videos And More On Technorati, Oil Prices: Blogs, Photos, Videos And More On Technorati, The Economy: Blogs, Photos, Videos And More On Technorati, Collapse: Blogs, Photos, Videos And More On Technorati, EconWatch.com
