GDP
Equity markets opened slightly higher this morning but trailed off to negative territory in the late morning. By late afternoon, the NASDAQ composite and the S&P 500 were flirting with a positive...
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It is not too often that analysts call for stocks to rise 50%, let alone call for them to rise 100%. That is happening as Canaccord Genuity has initiated coverage of many second tier oil and gas...
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The US Geological Survey has released a new estimate of the amount of undiscovered natural gas in the Marcellus shale deposit. The original USGS estimate, made in 2002, projected a total of 2...
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There have been 10 calendar years during the last one hundred in which the Dow Jones Industrial Average rose by more than 30%. The reason for the sharp increases were, in some cases, due to very...
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US shale gas deposits were known to have existed for decades. The problem was how to turn them into flowing wells. The natural gas was tightly compressed into small pockets in virtually impermeable...
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There is no economic recovery underway in Europe, which is not much of a surprise to anyone who has watched attempts to restart growth there. The unemployment level in the Euro zone area was 10% in...
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The US, EU, UK, and Japan were supposed to emerge from a great recession this year. The experience of past recessions would indicate that GDP should pick up to 3% or 4% and remain at that rate for...
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Ben Bernanke, head of the Federal Reserve, is credited by many people for lifting America and much of the rest of the world out of the financial crisis of 2008 and early 2009. He spoke and answered...
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China reported that its economy expanded by 11.1% in the first half and “only” 10.2% in the second quarter. That was viewed by most analysts as a “slowing’ although it is the envy of every...
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The list of reasons that show the global economic recovery is slowing grows longer by the day. The US employment and real estate troubles have extended into June after hopeful signs early in the...
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There is another reason for the embattled euro to sell off. Moody’s says it may downgrade Spain’s debt which currently has an Aaa rating. The agency said,“Moody’s decision to initiate this...
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Encouraging news from the Treasury Department. The ratio of net debt-to-GDP is forecast to go from 41.5% in 1990 to 73.1% in 2015 provided that the economy meets extremely aggressive growth...
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High unemployment, lack of credit availability for small businesses and consumers, and slow wage growth may have caught up to an American economy which has been on the mend since late 2009.The...
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China’s first quarter GDP growth rate was a sizzling 11.9%. The improvement was the best in three years and shows that the economy in the People’s Republic has returned to pre-recession growth...
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Mortgage rates moved above 5% last week and many economists expect the number to rise above 6% by the end of the year. “It certainly will make it harder for people to buy homes,” said Dean Baker,...
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