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Daily Archives: December 9, 2009

TARP’s Failures Described By Congressional Oversight Panel

The Congressional Oversight Panel says in a new report that the TARP did one thing and did it well. It prevented the terrible panic in the credit markets from spreading while ...
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Home Values Get More Stable

Zillow, the real estate home price research company, says that the value of residential real estate ended its sickening drop in 2009. The firm's chief economist writes, "Total home values ...
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The Myth Of American Car Quality (F)(TM)(HMC)

JD Power’s Sales Satisfaction Index Study for 2009 has been published. The research firm questioned 48,000 people. American cars did well as they have for several years in the Powers ...
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The US Prepares To Go “All In” To Save The Economy

There is still a place in the world of economists where the Tooth Fairy visits. It is where those who believe unemployment is about to improve, consumers will have access to growing ...
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Media Digest 12/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   China remains a top investment place for US firms. Reuters:   Suzuki sold a stake to VW. Reuters:   The Administration will extend TARP until next October. Reuters:   The Congressional Oversight ...
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Asia Markets And Europe Open (12/9/2009)

Markets in Asia fell sharply. The Nikkei dropped 1.3% to 10,005. Honda (NYSE:HMC) and Toyota (NYSE:TM) fell. The Hang Seng was off 1.4% to 21,761. HSBC (NYSE:HBC) fell. The Shanghai ...
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