10 Updates

Way of the World: Opportunity Missed in U.S. Bailout?

Source: The New York Times, Nov 22 2012, 8:25am CST

LONDON — Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered. That halting recuperation is why the global economic ...

Continue reading on: The New York Times

 
 
Update
10

1 day ago

Strategic Consulting Services Confirms Borrowers Changing Habits With Recession

Source: PR Leap  |   Jun 17 2013, 2:53am CDT

(PRLEAP.COM) New York June 17, 2013 Strategic Consulting Services (www.strategiccs.org), a New York firm providing client-focused financial consulting, confirms that American uncertainty over finances and attitudes towards d ...

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Update
9

3 days ago

Inflation still the lesser evil in recession

Source: The East African   |   Jun 15 2013, 5:27am CDT

The world’s central banks continue to express concern about inflationary spill-over from their recession-fighting efforts. That is a mistake. Weighed against the political, social and economic risks of continued slow ...

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Update
8

29 weeks ago


Quote:
"Policy makers can’t just be bought off. They have to see bankers as key to the economy."


Source: The New York Times

 

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Update
7

3 days ago

Despite recovery, younger households are slower to make gains

Source: Boston.com  |   Jun 14 2013, 6:48pm CDT

The total wealth of US households has recovered from the financial crisis and Great Recession, according to the Federal Reserve Board. But that recovery has not been enough to keep up with inflation, and many Americans, partic ...

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Update
6

4 days ago

Off the Charts: Despite Recovery, Younger Households Are Slower to Make Gains

Source: The New York Times  |   Jun 14 2013, 7:38am CDT

THE total wealth of American households has recovered from the financial crisis and Great Recession, according to the Federal Reserve Board. But that recovery has not been enough to keep up with inflation, and many Americans, particularly ...

Continue reading on: The New York Times  More like this

 
Update
5

4 days ago

CEBR warns retailers they face SIX more years of stagnant consumer spending

Source: Daily Mail - UK  |   Jun 14 2013, 4:21am CDT

High street shops already battered by the recession were today told their battle for survival would drag on for at least another six years. Researchers for the Centre for Economic and Business Research forecast that households will f ...

Continue reading on: Daily Mail - UK  More like this

 
Update
4

5 days ago

For the Record: Tax Increases Are Harmful, but Europe Has Pursued Them Anyway

Source: The Heritage Foundation  |   Jun 13 2013, 1:01pm CDT

There is a long record of empirical research showing that spending cuts are less damaging to the economy than tax increases and that the benefits of spending cuts often exceed the costs. Furth cited more than ...

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Update
3

5 days ago

Prepare for next recession

Source: Winnipeg Free Press  |   Jun 13 2013, 3:20am CDT

Stephen Poloz exuded a new confidence last week in his debut appearance as governor of the Bank of Canada before the Commons finance committee in Ottawa. Mr. Poloz became Canada's central bank chief on June 3, replacing Mark Carney ...

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Update
2

5 days ago

New Home Prices Say What’s Different This Time

Source: Bloomberg.com  |   Jun 12 2013, 5:32pm CDT

Although no two business cycles are alike, most share some common characteristics. The interest-rate-sensitive sectors of the economy -- housing and manufacturing -- tend to lead on the way up and the way down, for obvious reas ...

Continue reading on: Bloomberg.com  More like this

 
Update
1

6 days ago

PIMCO: 60% Chance Of Recession In Next Five Years

Source: WalletPop  |   Jun 12 2013, 3:15am CDT

Bond giant PIMCO has forecast that the chance of a global recession is greater than 60% sometime in the next five years. Analyst Saumil Parikh made the remark on behalf of the firm. In a paper called "A Secular View of Assets: Surfing the Wedge", Parik ...

Continue reading on: WalletPop  More like this

 
 

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