Posts tagged as:

recession

Yes, that’s right.  Quite amazing.  It was led by Caterpillar, but also retailers like Home Depot.  Kevin O’Leary estimates that this means we might be heading towards 10% unemployment in the U.S.  Yikes!
According to O’Leary today on BNN, pretty much the only remaining hope in the investment world right now (in terms of earnings) is [...]

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In an interview on Wednesday with a Bloomberg correspondent, Roubini let out another dire prophecy, although it’s not very specific and not different than what he’s been saying before.  Here are some excerpts from that interview.  You can also watch the whole video from the link below.
Basically the message is that the picture is still [...]

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With me, it’s not that I’ve lost a job, or have huge health care bills or even have to take care of children.  I’m trying to live on a scholarship that gets hacked down to only 80% of its size just because it crosses the border.  Imagine having to pay a 20% tax on your [...]

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