Category: Recession 2008 - 2010
The analysis published under this category are as follows.Sunday, August 03, 2008
Commodities Keel Over as US Heads for Prolonged Recession / Economics / Recession 2008 - 2010
As oil prices seesawed through the past week, fresh uncertainty about the outlook for the beleaguered financial sector triggered another wave of volatility in financial markets.
With the exception of Friday, crude prices closed each day with a gain or loss of more than 1%, with US stocks doing likewise as sentiment waxed and waned on the back of a barrage of economic and corporate earnings reports. Economic data were mixed, whereas earnings were mostly better than feared. After all the action, the S&P 500 Index closed the week virtually unchanged, posting a small gain of 0.2%.
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Saturday, August 02, 2008
Payrolls and Unemployment Data Confirm US In Recession / Economics / Recession 2008 - 2010
Civilian Unemployment Rate: 5.7% in July vs. 5.5% in June; cycle low is 4.4% in March 2007
Payroll Employment: -51,000 in July vs. -51,000 in June, net gain of 26,000 jobs after revisions of payroll estimates for May and June.
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Thursday, July 31, 2008
Shocking Downward Revisions to US GDP From Growth to Recession / Economics / Recession 2008 - 2010
Tomorrow, the Nonfarm Payroll Numbers are out. I made my forecast last night ahead of today's numbers. My predictions can be found in July Payroll Playbook .Read full article... Read full article...
Tuesday, July 22, 2008
United States Unfolding Financial and Economic Nightmare / Stock-Markets / Recession 2008 - 2010
Martin D. Weiss writes: The rally you saw last week was little more than a normal, bear-market bounce — predicated on the myth of government omnipotence ... spurred by the blind faith in fiat money ... and triggered by the official attacks on short-sellers.
For investors who jump into financial and other vulnerable stocks now, it's a trap door. But for those who feel like they're still stuck in all the stocks we've been telling you to get rid of, it's an escape hatch. Use it as your selling opportunity. And don't look back.
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