nytimes.com - 1/20/2009
—
COLUMBIA, S.C. Joe Lewis came to the local employment office on Friday in the hope of buying a little more time. Four months had passed since he lost his job as a maintenance worker at a chain of convenience stores, trading a paycheck of $370 a week for an unemployment check of $180 a week. ...
Comments
Blog Reactions
Inauguration Day links
The Mess That Greenspan Made —
... gold accounts for 90% of flows into long ETCs - Commodity Online Analysts Cut Estimates as S&P 500 Has 2nd-Worst Start - Bloomberg Leveraged and inverse ETFs are short-term plays only - MarketWatch 'Black Swan Test:' big losers, right or left brains? - MarketWatch ECONOMY The Economy: A Portrait Of The 2012 Inauguration - Time Inaugural balls and parade are still exciting, but less lavish - USA Today For the Jobless, Hope and Fear for a New Day - New York Times For Military, Bad ...
On Day 1, Obama's Financial To-Do List Is Long
DealBook —
Even as hopeful throngs poured into Washington for Tuesday’s inauguration ceremonies, many financial experts were noting the huge economic challenges facing the soon-to-be president, Barack Obama. Some 2.6 million jobs have disappeared since December 2007, when the recession began, The New York Times’s Peter Goodman points out . And the federal budget is being stretched by potentially expensive bailouts for the nation’s financial institutions.“Nothing that Obama can do can undo the damage quickly,” Joseph Stiglitz, the Columbia University economist and Nobel laureate, ...
Related Content
Good News, Only Over 6 Million Jobless
247wallst.com 4/16/2009 — There may be some good news on the jobless claims front. We saw a drop of 53,000 on the weekly jobless claims. The new number was ‘only’ 610,000 for the week. This would have been awful in the past or in any normal economy. Still, it ...
Retail sales, drop in jobless claims fuel hope
reuters.com 6/11/2009 — Lucia Mutikani WASHINGTON (Reuters) - U.S. retail sales rose in May for the first time in three months and the number of workers filing new claims for jobless benefits last week hit a January low, fostering hope the recession was abating. The Commerce ...
Economics focus: nothing to fear but fear itself
economist.com 1/29/2009 — CRISES feed uncertainty. And uncertainty affects behaviour, which feeds the crisis. Were a magic wand to remove uncertainty, the next few quarters would still be tough (some of the damage cannot be undone), but the crisis would largely go away.
Video: Hope For The Auto Industry
marketnewslive.blogspot.com 1/5/2009 — Many are slowly becoming more confident in car manufacturers. As Michelle Miller reports, it may be due to an infusion of cash into the auto industry, higher cash rebates, and lower interest rates.
Fear & Greed Day Trader
fearandgreedtrader.blogspot.com 1/12/2009 — I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes ...
Recession: glimmers of hope?
telegraph.co.uk 2/5/2009 — Glimmer of hope: the Baltic Dry Index measuring freight rates for iron ore and other bulk goods has been creeping up for two months after crashing 94pc in the worst fall in shipping history.
Hope is a Four Letter Word
ritholtz.com 2/17/2009 — “The hope balloon is losing air. It points to how on-edge everybody is and how much emotionalism is still involved.”
-Henry Herrmann, chief executive at Waddell & Reed Financial
>
The above is only one of several odd comments ...
Hope You Had Time of Your Life
adamsoptions.blogspot.com 3/28/2009 — Last time a Dylan left a show and caused this much attention, it was Luke Perry saying adios to 90210. But yes, ladies and gentlemen, it's happening. After six years at CNBC, anchor Dylan Ratigan is leaving the network and sources tell TVNewser ...
Stocks bounce on Obama hope
tuckerreport.com 2/25/2009 — Stocks bounced sharply today on hope. Stocks seemed to rally near the end of the Bernanke comments to Congress. Here are a couple of remarks in the London Financial Times.
Stress tests of big US banks that start this week are unlikely to lead to any of them being seized by regulators and ...