Moody’s Says “No Recession”
Things may seem tight right now, but Moody’s does not think that the US economy will go into recession. CNN Money writes that the agency’s view is that "the dollar is expected to contribute…
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Newest first · Page 415No Recession For Some Big Companies (VZ)(CBS)(NWS)
The No.2 man at Verizon (VZ) told an investing conference that the telecom company was not seeing any effect from the economic slowdown. Management from News Corp (NWS) made similar comments recently. The head…
Wall St. Doesn’t Care About The Primaries
John McCain and Hillary Clinton may have won in New Hampshire. Michigan and South Carolina are next. But, Wall St. does not care about the primaries. Their results won’t be reflected in whether the…
Stock Market Pricing In A Recession? It Already Is
If you want to know what the stock market looks like when it starts to price in a more than a slowdown and more of a chance of an economic recession, just look at…
A Half Point Interest Rate Cut By The Fed?
Some Wall St. analysts believe that the Fed will cut rates a half a point this month. That may raise the expectations high enough so the a smaller cut could send marketing into a…
A Fed Without Direction
One of the key members of the Fed admits that there is a great deal of debate within the body about cutting rates. Based on a speech by the Fed’s vice chairman Donald Kohn,…
With Crummy Jobs Report, The R-Word Is Far Closer
Non-farm Payrolls increased a mere 18,000 jobs versus an expected 50,000 and the unemployment rate rose to 5.0% from 4.7% in November. Hourly earnings rose 0.4%. It also looks like the the total number…
For The Economy, The Primaries Don’t Matter
The Iowa voting is over and the upsets are recorded. But, with the primaries about to begin in earnest and with the winners to be chosen before mid-year, it hardly matters to the economy…
Online Jobs Dive Ahead of Friday Jobs Report
The first Friday of every month is one of the key economic readings for the economy, and that comes in the form of the monthly unemployment report and non-farm payrolls creation. Tomorrow we will…
Buffett Votes “Yes” On US Economy With Marmon Deal
Berkshire Hathaway (BRKA) has over $43 billion in cash on its balance sheet. It could buy most US public companies without borrowing a dime. Berkshire’s chief, Warren Buffett could put his money to work…
UK Likely To Be More Aggressive Than Fed On Rate Cuts
While it is unclear that the Fed will cut rates more next year, it appears that the Bank of England may make as many as four cuts. Perhaps the UK central bank is more…
Bill Gross of PIMCO Says Economy Is In Tatters
Bill Gross, king of the bond industry and head of PIMCO, says that the recession has begun. He has been begging the Fed to cut interest rates. Perhaps he secretly hopes that a downturn…
Investor Optimism Rising, Sort Of
Investor optimism gained slightly in December rising 6 points to a level of 50 according to the UBS/Gallup Index of Investor Optimism. Most surveys refer to this as "investor sentiment" on their reports. That…
Auto Loan And Credit Card CDOs In Hiding
The press has focused on mortgage-based CDOs and the huge write-offs that investment banks and commercial lending companies have had to take because of the subprime market falling apart. Morgan Stanley (MS) said, when…
The Case Against A Recession
Most of the data lining up now say that a recession has either begun or will early in 2008. Alan Greenspan thinks the economy may be headed for stagflation. The credit markets may get…