All Posts Tagged With: "U.S. Economy"
China to Supplant U.S. as World’s Largest Manufacturer by Next Year
China will overtake the United States as the world’s largest producer of manufactured goods by next year, according to forecasts by economics consultancy firm Global Insight Inc. done on behalf of the Financial Times.
China will account for 17% of…
12Aug2008 | Money Morning | 0 comments | ContinuedVisitors from the Planet Thrift
Oh dear reader! This morning, we are practically panting…
The world economy is slowing down. The global financial system is falling apart.
The whole situation is a mess…a disaster for investors…a catastrophe for homeowners…a Waterloo for the financial industry. But it is…
17Jul2008 | Daily Reckoning | 0 comments | ContinuedTHE BIGGEST TRANSFER OF WEALTH IN HISTORY continued…
This week began with alarm bells. First Bridgewater Associates broke the glass and pulled the handle; it said the conflagration in the credit markets might lead to losses four times higher than previous estimates - at $1.6 trillion. A lot…
12Jul2008 | Daily Reckoning | 0 comments | ContinuedOil Hits $140 on Depleted Dollar and Supply Concerns
Oil and gold each experienced a fresh resurgence yesterday (Thursday) - with crude achieving a new trading record - after the dollar weakened in response to the policy decisions by central banks around the world, and the Organization of Petroleum…
27Jun2008 | Money Morning | 0 comments | ContinuedThe Economic Tables Have Turned
What goes around, comes around…
Every country in the world has had to put up with finger wagging and scolding from U.S. officials. The U.S. economy was the world’s best for so many years - and American experts, government officials, professors…
19Jun2008 | Money Morning | 0 comments | ContinuedBrush Up On Your Survival Skills… Simple Tips To Combat A Wild U.S. Economy
Whether The U.S. Economy Is In Recession Or Not, Maintain Your Perspective
Some believe the U.S. economy is already in a recession, while others point out that the definition of recession is two consecutive quarters of negative GDP growth which has not yet…
11Jun2008 | Smart Profits Report | 0 comments | ContinuedOil “Bulls” its Way Above $139 on its Way to a New Record as the U.S. Dollar Resumes its Descent
Crude oil for July delivery traded at an all-time high of $139.12 a barrel on the New York Mercantile Exchange today (Friday), after the U.S. dollar nosedived on speculation that the European Central Bank would raise its key lending rate…
7Jun2008 | Money Morning | 0 comments | ContinuedWeak Consumer Spending, Record-Low Consumer Confidence Spell Bad News for the U.S. Economy
Consumer spending - the driving force behind the U.S. economy - slowed in April.
Soaring prices wiped out any benefit from the scant 0.2% increase in consumer spending in April, the Commerce Department announced. After adjustment for inflation, consumer spending was…
2Jun2008 | Money Morning | 0 comments | ContinuedU.S. Economy Expanded Faster than Reported, With First Quarter GDP Revised Upward to 0.9%
Real gross domestic product (GDP) increased at an annual rate of 0.9% in the first quarter, the Bureau of Economic Analysis (BEA) announced yesterday (Wednesday).
“We are somewhere in the twilight zone between an expansion and a recession,” Michael Feroli, an…
30May2008 | Money Morning | 1 comment | ContinuedApril Durable Goods Unexpectedly Improve, Shining Soft Light on U.S. Economy
Orders for durable goods, excluding transportation, rose 2.5% in April, an unexpected gain that underscores that a weak greenback and strong overseas demand for American-made goods are helping recharge the downtrodden U.S. economy.
Total orders last month shrunk by 0.5%…
29May2008 | Money Morning | 0 comments | ContinuedWarren Buffett, the “Oracle of Omaha,” Tells German Audiences That the U.S. Economy is in a Deep Recession
The United States is already in a recession and it will be longer as well as deeper than many people expect, U.S. investment guru Warren Buffett said in an interview published Saturday in the German magazine Der Spiegel.
The United States is “already in…
27May2008 | Money Morning | 1 comment | ContinuedVIDEO: Bullish or Bearish on the U.S. Economy?
Click below to find out if this market veteran is bullish or bearish on the U.S. economy:
2May2008 | Stephen Oakes | 0 comments | ContinuedUnited States to the World: Be Careful What You Wish For
Do you hear the calls for a challenge to U.S. power? It is everywhere these days. Now that the Soviet Cold War threat has dissolved, who needs the United States to fend off the bullies in the global playground. Those…
29Apr2008 | Stephen Oakes | 1 comment | ContinuedUnited States Economy: Survival of the Unfittest
I would like to begin this post with a brief excerpt from an article in the latest Time Magazine article titled, “The Federal Job Machine” dated sometime in early ‘07.
24Apr2008 | Stephen Oakes | 0 comments | Continued“President George W. Bush labored to make the case that the…
U.S. Consumers Destined for a Future with Fewer Choices, Much-Higher Costs
Recent high-profile bankruptcies of mainstay American retailers, such as Sharper Image Corp. (SHRPQ) and Linens Holding Co.’s Linens ‘n Things, as well as the proposed mergers between Blockbuster Inc. (BBI)/Circuit City Stores Inc. (CC) and Delta Air Lines Inc. (DAL)/Northwest…
23Apr2008 | Money Morning | 0 comments | ContinuedThe Drivers Behind Global Growth: If the U.S. economy sneezes will China, Brazil and other emerging markets catch cold?
In this week’s edition of TFN Smart Investing with Krista Das, Mike Burnick of Market Shock Trader reveals the emerging market ecomonies that will be the driving force of global growth. The following was taken from the transcript.
Krista Das: Fears of…
21Jan2008 | Stephen Oakes | 0 comments | Continued-
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