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Daily Archives: May 27, 2009

bank

The Vote That Recession Is Ending Grows

Posted: May 27, 2009 at 5:13 am

The National Association of Business Economists has just released its prediction for the direction that the economy will take between now and the end of the year. The survey polled ...
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bear

McDonald’s (MCD) Will Crush Starbucks (SBUX) In Europe

Posted: May 27, 2009 at 4:50 am

American management has been trained that any company can think and execute its way out of trouble. That means that there is a solution to every sales or cost problem. ...
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bank

Optimism May Be Based On Hope, But Hope Does Not Fuel A Recovery

Posted: May 27, 2009 at 4:37 am

Economists and stock holders were overjoyed by numbers from The Conference Board showing that its confidence index rose to 54.9 in May from 40.8 in April. The fact that the number is ...
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bear

Housing Is Not Just Bad, It’s Getting Worse

Posted: May 27, 2009 at 4:14 am

The market's reaction to the S&P Case Shiller data showing the home prices dropped almost 19% in March was that the data is old, so there is no point in ...
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newspaper

Media Digest 5/27/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 27, 2009 at 2:59 am

Reuters:   GM (GM) is close to filing Chapter 11. Reuters:   A poll of economists says the US recession will end soon followed by modest growth. Retuers:   The mood of US ...
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Sunset

Asia Markets And Europe Open 5/27/2009

Posted: May 27, 2009 at 2:24 am

Markets in Asia were higher. The Nikkei rose 1.3% to 9,437. The Hang Seng was up 4.9% to 17,629. The Shanghai Composite rose 1.7% to 2,833. At the open in ...
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