Bad Time to Search for Paradise
Many on Wall Street have basically been pitching happy economic talk since early last year. Well, we're in early 2009 and now the bullish brigade is signaling yet another extension.
Many on Wall Street have basically been pitching happy economic talk since early last year. Well, we're in early 2009 and now the bullish brigade is signaling yet another extension.
Henry Blodget | Posted 05.16.2009 | Business
Ben Bernanke assured us that the Fed's money-printing won't eventually lead to inflation because when the economy begins to recover, the Fed will stop printing money. Ben is unlikely to keep this promise.
Reuters | Ros Krasny | Posted 05.10.2009 | Business
The United States economy will skid more deeply into recession in coming months, Federal Reserve policy-makers warned on Thursday, but it is time to s...
Ann Pettifor | Posted 05.01.2009 | Business
The consequences of Governor Mervyn King's intervention will be played out for years to come -- in the destruction of banks, businesses, jobs and human lives.
The Moscow Times | Posted 04.18.2009 | World
Her job is safe and her salary hasn't been cut by a single ruble, yet Svetlana Nikolayeva says she feels the effects of the financial crisis as badly ...
James Berman | Posted 04.11.2009 | Business
The successful investors will be the ones who wait out this period and reap the rewards once the tide turns, which it will. Soon we hope.
Alan Schram | Posted 04.02.2009 | Business
The new budget President Obama proposed last week is no less than another American revolution, an economic revolution that changes the very fundamenta...
Hugh McGuire | Posted 04.02.2009 | Business
The wealth of the past 10-15 years was illusory. The markets have in fact dropped back to where they "should" be.
Leo W. Gerard | Posted 04.02.2009 | Business
Baker: "For most economists, the idea that a market would take leave from its senses -- that it would be driven by speculation -- is almost inconceivable."
Dr. Cara Barker | Posted 03.21.2009 | Living
Tenuous Times With the economy's Dominos Effect kicking in these days, most of us are feeling the pinch. Increasingly, we hear gloomy predictions o...
Jill Keto | Posted 03.15.2009 | Business
On TV, you have to boil down answers into the shortest, most concise sound bites. Right now, my favorite sound bite is "Invest in Yellow: Corn, Wheat and Gold."
The Independent | By Daniel Howden | Posted 03.15.2009 | World
Linda Moyo celebrated the swearing in of Zimbabwe's historic unity government yesterday behind bars at Harare central police station. The young activ...
Niall Ferguson | Posted 03.07.2009 | Business
The harsh reality that is being repressed is this: the Western world is suffering a crisis of excessive indebtedness.
The Miami Herald | Tyler Bridges | Posted 03.07.2009 | World
Desiree Pereira couldn't decide among the squash she was squeezing at a food stall on Tuesday. Pereira expressed no uncertainty, however, when asked ...
Jill Keto | Posted 02.27.2009 | Business
Jill Keto | Posted 02.18.2009 | Business
Reuters | Posted 02.17.2009 | Business
Inflation slowed to a half-century low last year and industrial output fell for the first time since 2002, data showed on Friday, as the recession dee...
Jill Keto | Posted 02.12.2009 | Business
"Charticle" featuring highlights from this week in the Economy. . . hoarding gold, hot recession jobs, and the U.S. Treasuries bubble. ...
CNN | Posted 02.10.2009 | World
Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread -- as a way of fighting cash shortages amid spiral...
Jill Keto | Posted 02.05.2009 | Business
Check back weekly for my Recession Trend Tracker. If Us Weekly and The Economist had a love child, it would look like this.
Robert Kuttner | Posted 01.28.2009 | Politics
The government needs to spend a lot of money, so that the collapsing private economy does not end up as Great Depression II. When recovery comes, we can get the budget closer to balance.
Jill Keto | Posted 01.28.2009 | Style
Michael Pento | Posted 01.22.2009 | Business
We must grow the economy by empowering the private sector. I would have hoped by now we learned that inflation doesn't solve anything.
AP | Posted 01.16.2009 | Business
WASHINGTON — The Federal Reserve, urgently rewriting its playbook to fight a deepening recession, cut its benchmark interest rate to as low as z...
Michael Pento | Posted 01.02.2009 | Politics
The recession I have been predicting since 2006 has arrived, but a depression can still be avoided if we cease these silly government interventions and stop trying to inflate the credit crisis away.
Dan Dorfman | Posted 05.20.2009 | Business