Will the Fed Intervene Early?
Today is going to be a critical day in the financial markets. U.S. markets were closed on Monday while it was a financial blood bath on Monday in the E.U. and Asia and Tuesday…
Economy
All Economy Articles
Newest first · Page 415A Stimulus Package For The Dead
Sen. Charles Schumer and the rest of Congress are making a painfully slow but purposeful rush to save the economy from recession. It is a shame the the actions will come at least quarter…
CPI Reading Showing At Least Some Inflation Containment
The Consumer Pricing Index for DECEMBER 2007 is showing that prices on the consumer level are not running out of control. The CPI came in at +0.3% on nominal CPI and +0.2% on a…
Economic Numbers Could Have Been Worse (January 15, 2008)
The markets were bracing for some horrible news on the economic front, and while these numbers are all bad they are not quite as bad as some of the trader chatter was expecting yesterday.…
The Return Of The Lay-Off Economy (GM)(S)(C)
The worst part of the recession cycle is beginning. News from several big sectors like retail, housing, and automotive has already turned bad. In the last two days, Sprint (S) and GM (GM) have…
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…
No 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…