Economy
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The “swine flu” was supposed to bring global commerce to a halt, drive global GDP down by 5%, and cost…
Ben Bernanke’s comments about the recession and his reasons for believing that the economy has hit bottom could have been…
Ben Bernanke told Congress that the recession may be over by the end of the year, at least as it…
A number of prominent American economists believe that the American economy has permanently lost its resilience and vitality. They believe…
The Institute for Supply Management released its manufacturing data for April and we also saw March Factory Orders. The April…
The market continues to stage an improbable rally which should have been affected by concerns about the spread of the…
The FOMC has said that it will leave the target Fed Funds Rates between 0.00% to 0.25%. The group also…
We just got our first look at the Q1-2009 GDP. The initial report shows -6.1%, much worse than expected but…
The Conference Board’s reading on Consumer Confidence just popped to 39.2 for the month of April. This is above a…
The recently rich nations of the Middle East and Russia are learning that having a lot of money is not…
Somewhere in the basement of a government warehouse, federal employees with too little to do have come up with estimates…
There are many fears about the swine flu outbreak. It is not simply that it could cause the death of…
The media has been hyper-focused this weekend on the news that more than 1,000 people in Mexico have become infected…
We have just seen the highly volatile Durable Goods numbers released this morning. The numbers from the Commerce Department came…
Nouriel Roubini, whose pessimistic notes to investors have become redundant, has passed along his latest predictions of the economy and,…
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