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Mainstream media is causing Recession? [Digg]
2008-07-17 16:59:00 You gotta love Drinking With Bob
By: Stix Blog
Is Columbia Ready for Our Recession/Depression?
2008-06-25 05:48:00 Is Columbia Ready for Our Recession/Depression? CAUGHT OFF GUARD — BUT WHY? Economic downturns are part of a painful and predictable reality for universities, but — perhaps purposely — few have long term strategic plans to deal with budget cuts. http://insidehighered.com/news/-2008/06/24/statecuts …………-230;…………-;… None but the most optimistic of stock brokers (paid to buy or sell regardless) are ...
> G8 Forecasts Global Recession
2008-06-08 15:41:00 Japan’s energy chief launched a meeting of ministers from the world’s top industrialized nations Sunday by warning that soaring oil prices could trigger a global recession if they’re not checked. The Group of Eight rich nations met in northern Japan with representatives from China, India and South Korea to ...
Real Signs of Recession: Household Wealth Declines, Foreclosures Surge, Une
2008-06-06 18:37:00 by Addison Wiggin & Ian Mathias Never mind GDP, latest household wealth data shows real U.S. recession Forecloses surge to record highs? fine print and industry insiders say worst may be yet to come Another terrible jobs report? worst unemployment spike in more than 20 years Oil has biggest trading day in history? what news pushed ...
Seattle Mentioned on Forbes Regarding America?s Recession
2008-06-05 20:41:00 We’re always looking to promote consumer confidence in our local real estate market. However, this season has been slower for real estate than previous years. We’re not seeing the 14% appreciation we saw in ‘07, homes are staying on the market longer than the traditional average, and open houses have become more an ...
Is there a telltale sign of economic recession to us?
2008-06-05 04:50:00 Yesterday I went across the Johor Bahru borders with my girlfriend and her family. We went in to pump a whole tank of petrol. For toyota Altis, we pump the best petrol V-Power at Shell at only about RM$76 (probably about $38+ in Singapore). In Singapore, for V-Power Shell, it probably cost S$100. I remember past few days, Malaysia had its regulation to restrict Singapore cars from coming in order to protect its oil resources, I suppose. It didn’t work as JB’s economy much depends on influx of Singaporean shoppers over at the other borders. They allow Singapore cars to come in few days after. Just after pumping petrol in the evening, Malaysia announced the news at 10pm to increase petrol price to 40%. What a relief! It reflects a fiscal move by the government to intervene in order to curb the oil price increase in the past few months. Coincidentally US Fed Chairman Ben Bernanke indicated more US interest hikes were unlikely and raised questions about oil’s ability t...
Wall Street Strategists Warn Of ?Credit Recession? Lasting More Than Two Ye
2008-06-04 23:01:00 Earlier today, some Wall Street strategists sounded the alarm over a ?credit recession? which may last more than two years and result in a massive consolidation of the U.S. financial sector. Reuters? Jennifer Ablan, Dena Aubin, and Walden Siew reported: The fallout from deteriorating subprime mortgages and the broader housing and credit crisis will eventually ...
By: Boom2Bust.com
Morgan Stanley?s Chief U.S. Economist Says Recession Is Here
2008-06-04 05:43:00 Richard Berner, Morgan Stanley?s chief U.S. economist, said yesterday at a public finance and pension fund conference in Illinois that the United States is in a mild recession. Berner added that the U.S. housing crisis still has ?a long way to go? because of excess supply and caution by both lenders and potential homebuyers. ...
By: Boom2Bust.com
How Long will the 2008 Recession Last?
2008-06-04 00:58:00 Im interested in hearing what everyone thinks. 1 year? 2 years?
By: nobosh Answers
As Gas Prices Escalate, Worries About a Recession Turn Into Fears of Inflat
2008-06-02 19:30:00 As the post-Memorial Day hangover lingers, and $4 per gallon gasoline becomes a national reality, expect more and more daily energy prognostications. Goldman Sachs Group Inc. (GS) already is on record for $200-a-barrel oil. As you all know, our own Keith Fitz-Gerald - Money Morning?s investment director - has projected a crude-oil price of $225 a barrel. Do I hear $250? What about $5 a gallon gasoline by July 4th? Sometimes, these daily price gyrations take on lives of their own, but at the end of the day, the basic laws of supply and demand always work themselves out. The upcoming week?s hectic economic calendar…
By: Jutia Group
Experts No Longer Predicting Recession
2008-06-01 16:19:00 A recession is defined as two consecutive periods of negative GDP growth. As the Federal Reserve has sliced interest rates, as the dollar has dropped significantly fueling exports, and as tax-rebate checks are likely to stimulate the economy, the GDP continues to see growth. The GDP rose 0.9 percent in the first quarter. It now looks like may not enter a recession despite a falling economy. This has not occurred since the government began tracking quarterly GDP in 1947.
Another Political Recession That Has Not Happened?
2008-06-01 16:17:00 This is not aimed to be a political post, but to point out an obvious trend that is affecting us all in the real estate world. First, whether you like President Bush or not, we know the press does not. They have fallen in love with Obama to the detriment of Hillary, McCain, and your pocketbook. Why ...
Six Steps to Financially Surviving a Recession
2008-05-31 06:57:00 In this article, I propose Six Steps…to Financially Surviving a Recession. Some say that it is impossible to save for three months. I think it is not only possible but easier than most people think. I’ve outlined six steps to financially surviving a recession. For some, this will be easy to do. For others, you ...
Holiday Home Owners In Spain Could Do Best In the Recession
2008-05-29 07:00:00 When the economy is good and people are taking two or three holidays a year, letting out an overseas property and getting good occupancy levels isn’t that difficult. And with low interest rates, the rentals will cover the mortgage and often leave enough for a profit, and at the end of the mortgage the property is ...
By: Resources zone
Austin Area Real Estate: Recession Proof Market?
2008-05-29 00:00:00 We think many of our investors and clients should take a look at the article above. I have noticed that many people are taking a "wait and see" attitude about buying real estate in Austin, largely in part to the "mortgage meltdown" and national trends in real estate. Austins listing inventories are up as compared to this time last year. What does this mean? It is actually a great opportunity to buy Austin. The following is from the Austin Business Journal, May 7, 2008. Austin was named third on the Forbes.com list of the top 10 "Recession-Proof Cities" in the United States. To create the list, the magazine looked at the 50 largest U.S. metros, examining key measures, such as
Recession is No Obstacle for New Company and Product Launch
2008-05-28 11:30:00 With FlexPaths, flexibility is a strategic tool that accomplishes business objectives May 20, 2008 ? Hillsdale, NJ ? During a period when companies are cutting jobs by the thousands may not seem like the best time to launch a new human resources product suite, but FlexPaths, LLC, a provider of Web-based workplace flexibility solutions, has never been ...
?US is in recession? finally approved by Warren Buffet:
2008-05-27 04:41:00 Warren Buffet, the Oracle of Omaha has certified that US is now in recession(or perhaps we are already in recession). The world’s richest man did not disclose how long it will take before things work out ??but is heard to have said that the US Recession is likely to be long and deep. Headquarted in Omaha, ...
Homes Sales & Prices Plunge - Deep Recession On Tap
2008-05-25 17:27:00 Buffett sees "long, deep" U.S. recession by Reuters - snip:The United States is already in a recession and it will be longer as well as deeper than many people expect, U.S. investor Warren Buffett said in an interview published in German magazine Der Spiegel on Saturday. He said the United States was "already in recession" and added: "Perhaps not in the sense that economists would define it" with two consecutive quarters of negative growth. "But the people are already feeling the effects," said Buffett, the world's richest man. "It will be deeper and last longer than many think"...Unsold houses rise to 23-year high in April by MarketWatch - snips:Sales decline 1% even as prices plunge 8% year-on-yearThe U.S. housing market weakened further in April with a flood of homes coming on the market even as sales and prices declined, the National Association of Realtors reported Friday. Resales of U.S. houses and condos dropped 1% to a seasonally adjusted annualized rate of 4.89 million fro...
US already in recession, says world's richest man Buffet - AFP
2008-05-24 19:30:00 AFPUS already in recession, says world's richest man BuffetAFP - 37 minutes agoBERLIN (AFP) ? While economists quibble, the world's richest man has decided: the United States is already in recession. So Warren Buffett tells German ...
Recession unlikely if US economy gets through next two crucial months
2008-05-23 15:22:00 By Anatole Kaletsky:This definition of recession is not just a matter of semantics. The broad-based and lasting nature of the economic decline is absolutely essential because a sector-specific or transitory slowdown is not sufficient to counteract the natural expansionary momentum of a capitalist economy.But surely the financial and housing crises in America are now so severe that there can be no
Is the Tech Industry Recession-Proof? - FOXNews
2008-05-21 00:00:00 Is the Tech Industry Recession-Proof?FOXNews -1-0 hours ago…home entertainment technology, advances in communication technology (cellphones, PDAs, and Blackberries) which allow 'work-at-home' options and … More: continued here If you like this blog/post, you can support it with a $3.00 contribution.
Recession-Proof Real Estate Markets?
2008-05-20 15:45:00 As I've been telling anyone who will listen over the past 8 months, some cities are not drowning in falling home prices and/or rising unemployment. The "mortgage meltdown" 2007 didn't crush the real estate market nationwide. Despite the national trends, several major markets are doing just fine. To identify the healthiest real estate markets, Forbes magazine recently examined the country's 50 largest metropolitan areas. The magazine studied key factors such as unemployment and job-growth data from the Bureau of Labor Statistics, home price data from the National Association of REALTORS®, and information on gross metropolitan product growth provided by the U.S. Conference of Mayors. After all that research, what did they find? They were able to compile a list of 10 cities that Forbes sees as "practically recession-proof". They are listed below along with the percentage of growth for median-priced homes in the past year. Oklahoma City, Okla. M...
Planning a Wedding in a Recession
2008-05-16 21:14:00 Times are tough to be planning a wedding. Everyone seems to be worried about the housing crisis and rising gas prices, which leads to higher costs everywhere else. Now typically the wedding industry has pretty much been immune to any of these kinds of concerns. This is because couples getting married tend to want to ...SHARETHIS.addEntry({ title: "Planning a Wedding in a Recession", url: "http://ineedweddinghelp.com/48-2/planning-a-wedding-in-a-reces-sion/" });
By: 123456
Is Recession Good for the Environment?
2008-05-16 19:25:00 Whether or not we’re actually in a recession (it feels like one from where I’m standing), there’s been a lot of discussion about if that could be a good thing for the...
By: Green Options
Resource: What Every Leader Must Do to ?Recession Proof? Their Workplace Cu
2008-05-16 05:00:00 I’m helping my friend and colleague, Mark Ford, host his free teleseminar next week, What Every Leader Must Do to ‘Recession Proof’ Their Workplace Culture. You don’t want to miss this call. Mark’s sheer energy and passion, paired with his experience in the field of management, leadership and communication will blow you away. For more information and ...SHARETHIS.addEntry({ title: "Resource: What Every Leader Must Do to ‘Recession Proof’ Their Workplace Culture", url: "http://blog.cristinafavreau.co-m/2008/05/resource-what-every-l-eader-must-do-to-recession-proo-f-their-workplace-culture/" });
Merrill Lynch, Morgan Stanley Issue Recession Warnings
2008-05-16 00:13:00 At a conference yesterday in Singapore, New York City-based financial services giant Merrill Lynch warned the U.S. economy is in a recession that will become more apparent as the year drags on. According to Channel NewsAsia yesterday: Merrill Lynch said the world?s largest economy is already in a recession, and it expects to see a ...
By: Boom2Bust.com
No recession for Europe.
2008-05-15 21:40:00 Today released numbers show good shape for European economies. Germany more than doubled estimations and grew 1.5% in first three months of 2008 (quarter on quarter). Non-seasonally (quarterly basis) GDP grew 1,8%.Another surprise is coming from France. Quarter on quarter growth by 0,6%. Great Britain up by 0,4%.Smaller European economies, Greece +1,1% and Austria +0,8%. But others shrank slightly. Portugal and Spain registered in the negative, -0,2% respectively -0,3%.And how about Central European emerging markets. Czech Republic quarter on quarter +0,9% but non-seasonally still nice growth by 5,4%. Slovakia non-seasonally slow down from 14,3% to 8,7%.http://stockweb.blogspot.c-om/atom.xml
Will Israel or the West last another 60 years?
2008-05-15 14:48:00 I have serious doubts that the West will look anything like it does today in 60 years. I mean demographically it will be significantly reduced in size due to war. First think about the rise of China and the re-emergence of Russia. Next think about the rise of Islam. These are the storm clouds forming ...
By: 1913 Intel
It’s not a tumor recession
2008-05-15 13:43:00 The misery index is now at 8. Democrats want to portray this as the worst economy since Herbert Hoover was president. Unfortunately, the economy is not cooperating. Unemployment dropped to 5.0% last month. And inflation is at 3%. Under the Misery Index, that’s pretty much the sign of a good economy. So says Don Surber. And he’s right. Hume piles on, last night: It appears that CNN has decided the U.S. is in a recession even though the economic data do not support that claim. On its Web site, CNN posted the exit poll results from Tuesday’s West Virginia primary which asked voters if and how the “recession” has affected their family. All the major television networks use the same exit poll questionnaire. And, while that generic survey asked voters, “Has the current recession or economic slowdown affected you and your family?” Other networks, including this one, used the term “economic slowdown” when reporting the results. A recession...
By: BitsBlog
Economic ?Tsunami? Just Starting - 5 Years Ago? 5 Years From Now?
2008-05-14 22:51:00 Five years ago I wasn’t a very popular guy. A lot of folks didn’t want to talk to me about my thoughts on the coming real estate market. My forecast of this massive mortgage meltdown fell on deaf ears. I tried to warn anyone that would listen to me. Most didn’t. As a mortgage banking ...
There is only a 28.5% chance of an US Recession
2008-05-14 22:02:00 In a world of data overload, Intrade helps provides one of the best predictive information and innovative trading opportunities Down tremendously from just a few weeks ago, the odds of a US recession have plummeted at least according to Intrade one o5 Vote(s)
By: Market Buzz
There is only a 28.5% chance of an US Recession
2008-05-14 21:50:00 In a world of data overload, Intrade helps provides one of the best predictive information and innovative trading opportunities Down tremendously from just a few weeks ago, the odds of a US recession have plummeted at least according to Intrade one of the leading market prediction sites. While the number of predictive events is minimal and US centric, the information is incredibly useful.... Click on the Title to read more...
By: The India Street
How To Make Money During An Economic Recession
2008-05-14 21:12:00 You can survive and prosper during a recession. You will need the proper attitude.
Recession-driven HP-EDS Deal Is Just A Beginning
2008-05-14 15:11:00 Hewlett-Packard Co. has struck a $13.9 billion deal to buy Electronic Data Systems Corp., a move that would create a global IT services and consulting power9 Vote(s)
By: Market Buzz
Recession? Not So Fast, Say Some
2008-05-14 06:18:00 A growing number of economists are less pessimistic about a recession. Retail sales, excluding autos, were surprisingly firm in April, as consumer spending and the U.S. economy continue to grow.
By: mini wisdom
Could Recession Crash the Volt?
2008-05-14 03:49:00 We wait patiently as GM puts the Volt through the most rapid development cycle any of its vehicles has ever had. Meanwhile, since the original concept was introduced in Jan 2007, the economy has been in trouble. The burdens of the credit crisis and the rapidly rising oil prices have significantly affected the ...
JPMorgan's CEO Says U.S. Recession is Just Now Beginning
2008-05-13 03:18:00 JPMorgan's CEO James Dimon stated Monday that he believes that even though the credit problems in the U.S. appear to be nearly three-quarters of the way over, the recession in the U.S. is just starting. He is unsure rather the recession will be mild or severe; however, he stated the bank is forecasting conditions similar to 1982 much worse then in 2001 and 1990. He also said that despite the massive exposure from its acquisition of Bear Stearns, he still believes the deal was the right decision and will eventually be profitable for the company.
JPMorgan Chase CEO Says ?Recession Just Started?
2008-05-13 00:52:00 Jamie Dimon, CEO of JPMorgan Chase & Co., shared some good and bad news with attendees at a conference in New York City today. The good news? Dimon believed the credit crisis was three-quarters over. And the bad? The head of the global financial services firm warned: Even if the capital markets ...
By: Boom2Bust.com
Preparing for a Recession - Wealth Coach William R. Patterson
2008-05-12 18:00:00 Wealth coach and best-selling author William R. Patterson appears on PowerPOD with Jim Bouchard to discuss what you should be doing now as a business owner and investor to profit in a recession. For more information on BARON Wealth Coaching, visit BaronSeries.com/coaching.htm. Show topics: (1) Why this recession is different than any other we have faced in modern U.S. history (2) The best ways to prosper in a recession (3) How to put together the right plan and team to go after large deals and investments (4) How to find and evaluate new investment opportunities (5) How to use strategic partnerships to grow your business while keeping costs under control (6) What to look for when forming strategic partnerships (7) How to create more predictable revenue streams for your business
3rd Down: More Bank Failures Anticipated
2008-05-11 20:01:00 Its always a small sidebar in these type of crisis: the banks too small for the big guys to care. Rather than being bailed out, they simply are absorbed at pennies on the dollar by the big boys whose hands are firmly in the till of the Fed. Only three banks have failed year to date, ...SHARETHIS.addEntry({ title: "3rd Down: More Bank Failures Anticipated", url: "http://www.ernharth.com/vi/200-8/05/11/3rd-down-more-bank-fail-ures-anticipated/" });
How to Survive a Recession Market as a Niche Expert
2008-05-11 00:00:00 Overcome the tough times brought on by recession; learn how to create your own market. Find a niche topic in high demand where you can offer products and advice to targeted customers through article marketing. When recessions hit and the market is down, companies have less money to advertise and customers have less money to make ...
How to fix a recession
2008-05-10 05:25:00 In a recession the government should reduce spending to avoid a costly deficit, whereas during boom times it should increase investment in the public sector to boost growth, efficiency and perpetuate the common good further. Right? Wrong! You just got a 0 on this quiz.It is during a recession that government increases spending and during boom times that the deficit incurred during the recession is paid of. In other words, when private sector spending goes down and economy slows, government increases spending. This is the time to build new colleges and universities, k-12 schools, highways, police stations, dispatch centers, parks, etc... Won't this create a deficit? Yes, it most likely will, as tax revenues decline during a recession. But, as any economist knows, not all deficits are created equal. First, investment in schools, infrastructure and the like is exactly that: an investment. Investments have returns, so does social sector spending. Part of the cost of a deficit derived f...
Arizona?s in Recession- But We Knew That
2008-05-09 18:44:00 Moody’s is saying what we’ve been saying for awhile- Arizona is in a recession: [Thanks L!] The Phoenix and Tucson metropolitan areas, as well as the state of Arizona, are in a recession, economists at Moody’s Economy.com have declared. The company first concluded several weeks ago that Arizona was in a recession and, in a separate ...
By: HousingDoom
Don?t Fear ?The Ides Of March?? Just Follow These Simple Anti-Recession Tip
2008-05-08 18:03:00 “Beware the Ides of March.” So said a wise soothsayer to Julius Caesar in the famous Shakespeare play, warning him of impending doom. Caesar scoffed at him - and of course lived to regret it when he paid the ultimate price. Fortunately, March 15 (the Ides day itself) falls on Saturday this year, so there’s no chance of any market madness on that specific day. But there are still plenty of modern-day financial soothsayers warning investors about all kinds of perils. One prime example: The constant chatter about whether or not the U.S. economy has slipped into a recession. So let’s first poke…SHARETHIS.addEntry({- title: "Don’t Fear “The Ides Of March”? Just Follow These Simple Anti-Recession Tips", url: "http://jutiagroup.com/2008/05/-08/dont-fear-the-ides-of-march%-e2%80%a6-just-follow-these-simp-le-anti-recession-tips/" });
By: Jutia Group
Some Good Recession Advice. . .
2008-05-08 17:49:00 From lunatic investment banker Howard Veit: Instead of leaving home to buy your drugs, make your drug dealer deliver. Tell your hooker to use the fu$&ing bus. Ask yourselves if you really need your wives. Buy triple portions at MacDonald's and freeze what you don't eat. I'm sure you can be creative......heh. . . Click the Headline Link to Visit Copious Dissent and Read the Full Story.
U.S. Pending Home Sales Probably Fell in March for Second Month
2008-05-07 08:21:00 Bloomberg has latest story about US Pending Home Sales: U.S. Pending Home Sales Probably Fell in March for Second Month Fewer Americans probably signed contracts to buy previously owned homes in March for the second consecutive month as falling prices and tougher loan rules discouraged buyers, economists said before a report today.The index of pending home resales fell 1 percent after a 1.9 percent drop in February, according to the median forecast in a Bloomberg News survey of 30 economists.The glut of unsold properties is driving down home values, while rising defaults on subprime mortgages have prompted lenders to restrict access to credit, representing more hurdles for buyers. The slump in residential real estate may persist for much of the year, hurting economic growth.....Recent reports indicate the worst housing slump in a quarter century is far from abating. Purchases of new homes plunged in March to the lowest level in a...
By: Rant About It
Recession Buster Sale + Totally Free Shipping On May 7th, 2008 Only!
2008-05-07 06:44:00 Presenting the Recession Buster Sale, brought to you by Creative Labs. Keyword here is 'Totally Free Shipping on 7th May 2008 only!'. No minimum spending to enjoy free shipping! Here are some of the amazing deals: Zen V Plus 2GB Refurbished - 49% Off! On Sale for US$24.99! - Small, curvy MP3 player with 1.5-inch color screen that plays music, photos and videos. Includes FM radio and voice
Recession-Proof Stocks: Buy Brasil Telecom SA (BTM:NYSE) below $35
2008-05-06 15:32:00 This company has one of the best P/E ratios of any North American-traded stock. It has one of the top PEG rates. It pays a dividend of over 4%. And analysts give it a one-year target of $61.50 ? an upside of over 80% over its current stock price. I?d buy it just for those qualities. But ...SHARETHIS.addEntry({ title: "Recession-Proof Stocks: Buy Brasil Telecom SA (BTM:NYSE) below $35", url: "http://jutiagroup.com/2008/05/-06/recession-proof-stocks-buy-b-rasil-telecom-sa-btmnyse-below--35/" });
By: Jutia Group
Widgets to prepare for the recession
2008-05-05 23:41:00 The world is going through a tough economic period: rising inflation, high unemployment, crises in the housing and banking sectors, oil prices running high….things are looking pretty bleak this year and aren’t expected to get any better for some time. While the US economy isn’t officially in a recession, at least not yet, it is ...
By: insideTonic
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