Tags: Bailout + Economy + How to invest + Markets + recovery + Stimulus + Stocks & investing
Economic reality is settling in now. The stimulus induced recovery is just that, stimulus induced and not a real recovery. A real recovery will be punctuated by job creation. That will not materialize until Congress is thru making “changes” and businesses know the rules. Unfortunately that is some time off. Washington’s first order of bussiness [...]
October 30, 2009 - Economy, Markets - 0 Comments
Tags: Add new tag + Banks + Barney Frank + Christopher Dodd + financial reform + lobbyist
Barney Frank Chairman of the House Financial Services Committee caved to pressure that money buys and has dropped key provisions of necessary financial reform. First he let the lobbyist in the door to review his ideas for reform and drafted legislation, then he watered-down or cut out provisions they didn’t want. For example, he left [...]
October 8, 2009 - Economy, Markets, Politics - 0 Comments
Tags: China + Economy + Markets + Trade + Treasury
China continues to run huge trade supluses with the US and there is general consensus among economists that China’s currency is undervalued giving them an export advantage at the cost of US manufacturers. Last month the Obama
October 7, 2009 - Economy, Politics - 0 Comments
Tags: Economy + investing + Markets
Following a spectacular third quarter the financial markets are likely to consolidate for now before rising again to the 10,000 Dow level. First it may be Dow 9000 though as investor await earnings news due in the next couple of weeks. What will be tell-tale with earnings is the degree of topline revenue growth. Those [...]
October 2, 2009 - Economy, Markets - 0 Comments
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