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Articles tagged with: double dip recession

Crude Oil Falls in New York Before Government Report on U.S. Inventories
08/25/2010 – 9:55 am PDT | No Comment

Crude oil fell to its lowest price in seven weeks before a report forecast to show that U.S. inventories of crude increased as summer driving demand ebbs. The U.S. Energy Department will probably report today …

Pound Rally Runs out of Steam
08/24/2010 – 1:45 pm PDT | No Comment

The rally in the Pound, which lifted it 10% from trough to peak, appears to be fizzling. The Pound is already down 3% in the last two weeks, and is trending downward. It now stands …

3rd Quarter GDP Likely Negative, Recession Never Ended
08/23/2010 – 2:00 am PDT | No Comment

While some people still think the odds of a double dip recession are close to zero, ironically, the only reason they may be right is if the first dip never ended.
Please consider last Friday’s Breakfast …

What Should You Do With Your Homes If There Is A Double Dip Recession?
08/21/2010 – 7:55 am PDT | No Comment

Many economists are predicting the recession could double dip and home values could drop an additional 20%. These economists are saying that we won’t see the housing market improve for another two years. If this …

Press Gaggle by Deputy Press Secretary Bill Burton aboard Air Force One en route Cape Cod, MA
08/19/2010 – 12:30 pm PDT | No Comment

 1:28 P.M. EDT    
     MR. BURTON:  Thank you for joining us on our trip to Martha’s Vineyard.  For starters, I just wanted to ask, and for folks who read the transcript of this, …

ECRI WLI "Flattens Out" at -9.8% - ECRI says "Gage is Fine"
08/15/2010 – 11:54 am PDT | One Comment

Lakshman Achuthan and Anirvan Banerji, Co-founders, Economic Cycle Research Institute (ECRI), continue to pour out statements about the ECRI WLI that are worth taking a close look at, if not outright challenging them.
Please consider Know …

Can We Avoid Another Lost Decade?
08/13/2010 – 3:35 pm PDT | Comments Off

Michael Darda, chief economist, chief market strategist and director of MKM Partners, wrote an op-ed in the WSJ asking, Are We Headed for a Lost Economic Decade?:

Despite record doses of monetary and fiscal support, the …

Hedge Funds Correction
08/13/2010 – 11:00 am PDT | Comments Off

Hedge Funds Correction
Scaramucci: Hedge Funds Expecting 5-10% Correction

Hedge funds aren’t expecting a massive downturn in the economy despite grim estimates from the Federal Reserve this week and disappointing data on consumer spending …

Chances cheap fuel saves America?
08/11/2010 – 10:56 am PDT | Comments Off

The impetus for a double dip recession?

Could the Big 3 survive $5.00 gas?
A few years before the 2008 gas spike this blog, along with a chorus of others, suggested the possibility of a significant oil …

Copper Pauses Ahead of Fed Statement
08/10/2010 – 5:32 pm PDT | Comments Off

By Leia Michele Toovey- Exclusive to Copper Investing News
Copper plunged to a near two-week low Tuesday, as investors worried that the recent rally has been overdone.  Benchmark copper for three-month delivery on the London Metal …