Posts tagged as:

economy

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By all counts it seems clear that the odds of the U.S. falling into a double-dip recession have increased.  If you just look at the charts of the DJIA alone, you can see the breakdown in prices, but there are other factors, too.
1. State Anti-Stimulus Programs Larger than Federal Stimulus Programs.  I think this was [...]

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Now that the G20 has wrapped up, what can we glean about stock markets going forward?  Canada’s PM Harper noted that markets have been skittish as they have been waiting for the G20’s pronouncement on the delicate balance between imposing fiscal austerity but also facilitating continued stimulus in order to abet the global economic recovery.
Summer [...]

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Estimates suggest the Deepwater Horizon oilspill has already cost BP plc about one billion pounds.  This does not even take into consideration total clean up costs going forward if the leak were to somehow suddenly stop right now.
But so far we haven’t heard much about the wider economic effects that the Deepwater environmental disaster will [...]

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As soon as I saw this title on the bookshelf, it caught my eye.  Since I’ve been trying to curb my spending, I just skimmed it and put it back.  Well, I returned a week later and decided to buy it after skimming it again.
I’m not finished with the book yet (although it’s just a [...]

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It wasn’t surprising at $1000/oz, but even at $1100/oz this week, the naysayers are still in full force.  What’s to deny about the trend in gold prices?  You don’t have to be a gold bug to see what’s happening.
Here are the six main factors causing the price of gold to continue to rise.  In some [...]

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NB: As you can imagine from watching a film like Food, Inc., it can be hard to separate the emotion and just report “calmly” on the plain facts presented by the film.  Originally I wrote this the same day I saw it, but I’ve since gone back and edited it to try to tone down [...]

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So, we’re in a prolonged recession.  Jobs for this year’s college graduates are supposedly all going to be at a standstill, causing new grads to have to settle for working in a field other than the one they did their Bachelor’s in or — gasp! — even taking a pay cut to work in their [...]

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