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Posts related to ‘recession’

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Ben Bernanke Pushes Out End of Bond Tapering and End of Quantitative Easing

Posted: May 22, 2013 at 10:15 am

Federal Reserve chairman Ben Bernanke is speaking today in testimony to Congress. While all heads were turned to watch Bernanke's hints and intonations, we do not expect to see any ...
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Chicago

Chicago Fed National Activity Feels Like Recession

Posted: May 20, 2013 at 9:15 am

The Chicago Federal Reserve has released its National Activity Index for the month of April. Unfortunately, the move was in the wrong direction. April saw the drop down to -0.53 ...
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Bull and Bear

Sell in May and Go Away 2013, Earnings Season Scorecard

Posted: May 1, 2013 at 12:22 pm

The first-quarter earnings season is peaking this week, as far as the number of companies on a normal calendar. Corporate earnings have been weaker than expected in a manner of ...
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Goldman Sachs

Goldman Sachs Now Sees Deeper 2013 Recession in Europe

Posted: April 25, 2013 at 10:55 am

Goldman Sachs Group Inc. (NYSE: GS) has lowered targets and bashing objectives on many things. Today it is Europe, which follows the firm's somewhat worrisome downgrade of copper expectations, and ...
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Richmond Federal Reserve Shows Real Contraction in April

Posted: April 23, 2013 at 10:35 am

Another weak reading was issued from yet another regional Federal Reserve Bank. The Richmond Fed reading fell sharply to -6 in April, versus a reading of 3 in March. Bloomberg had ...
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worker using torch cutter to cut through metal

Q4 GDP Revised to Growth from Contraction, Barely

Posted: February 28, 2013 at 8:50 am

The first revision to the first-quarter gross domestic product is out. The revision put fourth-quarter GDP up in positive territory, but only at 0.1%. The prior look was in the red ...
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POLL: Are Spending Sequestration Scares All Lies or Will They Really Help?

Posted: February 26, 2013 at 5:01 pm

24/7 Wall St. has covered the coming spending sequestration and many of the threats and warnings that have come with the day of reckoning now looming and seeming almost unavoidable. ...
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Q4 GDP Turned Negative After 13 Quarters of Expansion, Recession Talk Resumes

Posted: January 30, 2013 at 9:04 am

The Commerce Department is confirming the worst fears of the economic worrywarts. Gross domestic product for the fourth quarter of 2012 came in negative rather than positive. This headline news ...
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worker using torch cutter to cut through metal

November ISM Bordering Recession Ahead of the Fiscal Cliff

Posted: December 3, 2012 at 10:13 am

Today's data from the Institute for Supply Management is showing that the November Manufacturing Report on Business was an utter disappointment. The ISM figure came in at 49.5%, which is ...
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New York ISM Looks Recessionary

Posted: November 6, 2012 at 10:03 am

The Institute for Supply Management is out with a delayed "Report on Business" for the New York region. Hurricane issues in New York delayed the report from last week, and ...
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World Economic Crisis to Last at Least a Decade — IMF

Posted: October 5, 2012 at 6:44 am

The chief economist of the International Monetary Fund said that the current world financial crisis and recession could last for another decade. This echos concerns by other experts that slow ...
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Economic Cycle Research Institute Says U.S. Recession Is Already Here

Posted: July 10, 2012 at 11:49 am

The argument is out whether we are already in a recession in America or whether a recession is still coming.  It just all depends upon whom you talk to.  Lakshman ...
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More & More Chances of Quantitative Easing, QE3 Dreams Live On

Posted: June 4, 2012 at 12:24 pm

With China's growth slowing further and with Europe's woes growing each day, economic data in the United States continues to ride the line closer to recessionary levels.  Japan hit a ...
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ISM Data Still Avoids Recession But Disappoints

Posted: June 1, 2012 at 10:24 am

The Institute for Supply Management is showing that purchasing managers and suppliers are still not quite in a recessionary mode.  The problem is that this is "barely" the case as some ...
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Reality Check: Unemployment Rises to 8.2% & Dismally Low Number of Jobs Created

Posted: June 1, 2012 at 8:41 am

This is not the best report to see if you are graduating from college.  The Labor Department reported the employment situation this morning.  Unemployment came up to 8.2% versus 8.1% ...
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