Selling Starts, Recession Ends!
The so-called Great Recession, the longest and deepest since the Great Depression, may be over but you won't feel relief unless you and your company are able to sell your products and services.
The so-called Great Recession, the longest and deepest since the Great Depression, may be over but you won't feel relief unless you and your company are able to sell your products and services.
Michael Pento | Posted 11.05.2009 | Business
The cyclical bull market in stocks and positive print on GDP has caused some on Wall Street and in D.C. to claim the recession has ended. A closer look indicates that neither believes its own rhetoric.
Dan Dorfman | Posted 11.04.2009 | Business
Go figure this crazy market following another bout of schizophrenia. First came terrific Thursday, then wicked Friday, as big money was made and even bigger money was lost.
Lynn Tilton | Posted 11.02.2009 | Business
We are living in interesting times and the road to resurgence will be long and fraught with obstacles. The path to economic recovery begins with truth.
Michael Brenner | Posted 10.31.2009 | Business
Here is a quick everyman's guide to economic statistics. Making sense of the figures demands a large measure of skepticism and an eye for misrepresentation and forgery.
Allison Kilkenny | Posted 10.30.2009 | Business
If life still sucks for you: you're still unemployed, depressed, broke, homeless, or scraping by on food stamps, don't worry. You're not alone.
Hale "Bonddad" Stewart | Posted 10.29.2009 | Business
The long awaited GDP report is out. Notice it wasn't just durable goods that saw increases: non-durable goods and services also increased. And not by small amounts.
BusinessWeek | Moira Herbst | Posted 10.26.2009 | Business
On the one hand, the Dow Jones industrial average once again danced around 10,000 last week. If U.S. gross domestic product rebounds as expected on Oc...
Bloomberg | Timothy R. Homan | Posted 10.25.2009 | Business
The economy in the U.S. probably grew in the third quarter at the fastest pace in two years as government stimulus helped bring an end to the worst re...
James Berman | Posted 10.08.2009 | Business
The market has had the biggest six month rally since the 1930s and stocks cannot go up forever. We can't time the sell-off, but we can prepare for one of its likely causes: inflation.
AP | JEANNINE AVERSA | Posted 10.01.2009 | Business
WASHINGTON — The economy shrank less than expected in the second quarter as businesses and consumers trimmed their spending at a slower pace, buttressing beliefs that the economy is now growing.
The 0.7 percent dip in gross domestic product for the April-June quarter follows the 6.4 percent annualized drop in the first three months of this year, the worst slide in nearly three decades. In the final quarter of last year, the economy sank at a rate of 5.4 percent
The new reading on second-quarter GDP, reported by the Commerce Department on Wednesday, shows the economy shrinking less than the 1 percent pace previously estimated. It also was better than the annualized 1.1 percent drop that economists were predicting.
The final revision of second-quarter GDP comes on the last day of the third quarter, in which many analysts predict the economy started growing again at a pace of about 3 percent.
"Growth should be solidly positive," said Mark Vitner, economist at Wells Fargo Securities.
Chip Conley | Posted 09.29.2009 | Business
Since his economists have suggested France adopt a "Joie de Vivre" index, Sarkozy has started sounding like a leftist -- or at least someone who spends too much time reading Sartre in Left Bank cafes.
Frankie Sturm | Posted 10.21.2009 | Politics
The fact that economies in Europe, Asia, and elsewhere have grown since 1945 is not a sign of American decline. It's a testament to US leadership.
nytimes.com | Posted 09.25.2009 | Business
If Americans don't start buying a lot of stuff again, can the world economy be saved? What's the global Plan B? These are fundamental questions at the...
nytimes.com | PETER S. GOODMAN | Posted 09.23.2009 | Business
In a provocative new study, a pair of Nobel prize-winning economists, Joseph E. Stiglitz and Amartya Sen, urge the adoption of new assessment tools th...
Sarah Burd-Sharps | Posted 09.25.2009 | Politics
Recovery funds must be directed not just to rebuild the physical infrastructure of Louisiana, but also to construct a new infrastructure of opportunity to serve the next generation of Gulf coast residents.
Harry Moroz | Posted 09.16.2009 | Business
It is so easy in our current political environment to forget that GDP, the unemployment rate, the income tax burden -- a whole slew of measurements -- are freighted with judgments.
Diane Francis | Posted 10.19.2009 | World
The transfer of power in Japan marks a desire on the part of many Japanese voters to move toward Asia and out from under the West's sphere of influence.
Gary Shapiro | Posted 10.18.2009 | Business
The consumer electronics industry is defined by rapid innovation and falling prices. Advocates on every side should consider these market-based lessons, as they are relevant to the current health care debate.
Hale "Bonddad" Stewart | Posted 10.16.2009 | Business
At the beginning of the year GDP was dropping and we were bleeding jobs at 600,000/month. Given that, we're not going to rebound to a 3% growth rate in a few months; it's just not going to happen.
forbes.com | Nouriel Roubini | Posted 09.27.2009 | Business
In the last few months the world economy has been saved from a near-depression. That feat has been achieved by a range of extraordinary government sti...
AP | MARTIN CRUTSINGER | Posted 09.27.2009 | Business
WASHINGTON — Further evidence the recession is ending came in a report Thursday confirming that the economy shrank at an annual rate of just 1 p...
Daniel Denvir | Posted 09.25.2009 | Politics
The government, media and establishment economists are measuring recovery by the GDP and stock prices, the same measures used to qualify our previous bubbles as reflecting real economic well-being.
Stephen Herrington | Posted 09.21.2009 | Politics
Socialization of risk, a risk pool, is the very business model of private insurance for profit -- and government is simply the largest risk pool of all.
Hale "Bonddad" Stewart | Posted 09.20.2009 | Business
We're not talking about one country; we're seeing data emerge from a variety of countries on a variety of continents that growth is returning. We have strong reason to believe the worst is over.
Grant Cardone | Posted 11.06.2009 | Business