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Friday, April 11, 2008
Friday, April 11, 2008
photo by
-Gep-
Quote for the day:
I don't believe in yesterday, by the way.
-
John Lennon
In the news:
As a test to see what the Federal Reserve would accept, Lehman Brothers repackaged unsold debt and used the Federal Reserve's new borrowing facility to convert loans into cash.
"General Electric posted an unexpected 6 percent drop in first-quarter profit on Friday, as the slumping U.S. economy and credit crunch drove down profits at its financial, industrial and health care units. Due to the size and variety of its operations, GE is regarded as a bellwether of the U.S. economy. "It's confirmation that we're in a recession," said Jerome Heppelmann, portfolio manager at Liberty Ridge Capital in Berwyn, Pennsylvania."
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Real GDP rises 0.6%; not yet a recession
Wednesday, April 30, 2008
Case-Shiller Home Price Index Plunges at Record Pace
Tuesday, April 29, 2008
Housing vacancies swell to a staggering total
Monday, April 28, 2008
Consumer Confidence at lowest point since 1982
Friday, April 25, 2008
New Home Sales fall further in March
Thursday, April 24, 2008
Ambac posts loss of $1.7 billion; market cap is at...
Wednesday, April 23, 2008
Existing Home Sales fall but prices rise
Tuesday, April 22, 2008
Market is pricing in a quick recovery
Monday, April 21, 2008
Ted Spread remains at a high level; maybe being ke...
Friday, April 18, 2008
U.S. Leading Index posts small increase after 5 mo...
Thursday, April 17, 2008
CPI for March increased moderately
Wednesday, April 16, 2008
PPI for March Surges Ahead
Tuesday, April 15, 2008
Retail Sales Post Small Gain in March
Monday, April 14, 2008
The University of Michigan's Consumer Sentiment In...
Friday, April 11, 2008
Trade Deficit increases in February 2008
Thursday, April 10, 2008
The Housing Crisis Spreads to Europe
photo by FreeWineQuote for the day:'I wish life wa...
Pending Home Sales Continue to Fall in February; N...
Tuesday, April 8, 2008
U.S. Gas Prices at Record High
Monday, April 7, 2008
Unemployment starts to act like we are in a recession
Friday, April 4, 2008
ISM's Report on Non-Manufacturing shows Third Cons...
Thursday, April 3, 2008
Withheld Taxes Stablizes in March
Wednesday, April 2, 2008
ISM's PMI report for March shows Manufacturing Slo...
Tuesday, April 1, 2008
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