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Daily Archives: December 4, 2008

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The Recesssion Metastasizes To The Bone

There are a lot of pieces of data about what is happening to the economy, perhaps too many to make any sense of them.In the last day or so, two ...
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Newspaper

Media Digest 12/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, falling interest rates will not offset unemployment and falling prices to save to housing market.Reuters reports that GM (GM) and Chrysler are considering bankruptcy to get US ...
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Brit

Asia Markets And Europe Open 12/4/2008

Markets in Asia were mixed.The Nikkei was off 1% to 7,924.  The Hang Seng rose .2% to 13,611.The Shanghai Composite was up 1.8% to 2,002.In Europe, at the open, the ...
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