Deflation Fears Dry Up
If you can imagine any good news at all on the economic front, inflation is running at very low levels. January’s CPI was +0.3% and +0.2% on the core level.
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Newest first · Page 392Keeping The Dow Above 6,000
Now that the DJIA has dropped below 7,500 it is clear that its next stop may be much lower. The market is still terribly concerned about the banking system. Rumors about better access to…
Ten Large American Companies That Won’t Cut Jobs
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. There are a relatively…
Production & Capacity Head For The Hills
It probably won’t shock anyone any longer that industrial production is lower. It probably won’t shock anyone that capacity utilization is lower either. But the already-negative trend is only made worse when both were…
Microsoft (MSFT) Adjusts Investor Expectation Down
Wall St. is estimating that Microsoft (MSFT) will make $.40 a share in the current quarter and $1.77 for its fiscal year which ends in June. The company’s CEO is sending a signal that…
IMF Chief Gets Unpleasant
Instead of keeping his opinions to himself, the head of the IMF decided to pass along depressing news as Europe released several pieces of downbeat data including poor results for EU Q4 GDP. “The…
The Math For Three-And-A-Half Million Jobs
Congress, well-fed and self-satisfied, can catch its wind now. It has put together a $789 billion stimulus package to get the economy on the road again. The most interesting and obtuse comment about the…
Viva Las Vegas, The Depression Hits The Strip
Casino gambling is part of the American Dream. “The World Series of Poker” gets better ratings than the Super Bowl. But, even the gaming industry is in trouble. The people who have visions of…
Chicago Fed, GDP Contraction & Unemployment To Continue
Chicago is not representative of the entire Federal Reserve. But it is a key district for manufacturing and is frequently used for forecasting many sectors of the economy. Chicago Federal Reserve President Charles L.…
A Double Dip Layoff Economy
A look at the companies which announced layoffs in December and January demonstrates that almost no industry is immune from job losses due to this contracting economy. Tech companies such as Microsoft (MSFT) fired…
The Ten Companies That Will Lead The US Out Of The Recession
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide margin, or…
Who Hired All The People Who Are Getting Laid Off?
Some of the companies that need to let people go have lost such a large portion of their sales that they have virtually no choice but to cut staff. That certainly holds true for…
Suddenly, The Talk Turns To Depression
A number of seemingly unrelated pieces of news in the last day showed that several high profile people and organizations are at least considering the idea that the global economy could slip into a…
The Rise & Fall, or Just the Fall of Factory Orders
Factory orders for the month of December fell as you would expect for the current economy. But the results were even worse than weak estimates out there. They fell 3.9% rather than the 3.4%…
A False Bottom For US Housing
News came out that pending home sales moved up 6.3% in December and this caused a lot of conversation about the housing market finding a bottom. The rapidly falling prices of homes and lower…