Posts tagged as:

unemployment

State of the Economic Union: How Will Obama Get Massive U.S. Budget Deficits To Budge?

January 27, 2010 · 2 comments

in 2010, GDP, January, Obama, US Treasury, US debt, US economy, budgets, debt, deficits, employment, fiscal year, government, news and updates, recession, special dates, stimulus, stimulus plan

The Obama administration sits between an economic rock and a political hard place.  Others might call it a contradiction.  Obama needs to cut spending, but he’s doing this at the same time that more spending is being introduced (on job creation, more troops in Afghanistan).  Slight cuts in some areas are supposed to offset increased [...]

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Market Jitters: Are We About to See the End of the Risk Rally and Bear Market Bubble?

January 20, 2010 · 13 comments

in 2010, Federal Reserve, US economy, bull market, central banks, economy, exchange rates, financial planning, forex, hedging, inflation, interest rates, international economy, market crash, market reports, market timing, recession, risk

Highest ever one-month inflation rise in the UK for December, fiscal imbalances in Greece, weakened macro-economics in Germany, a Canadian housing market bubble, higher than 50% gains in the commodity currencies since last March (2009), and the return of hubris and risk-taking in the U.S. investment banks… what do these all have in common?
Is it [...]

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6 Reasons Why The Price Of Gold Is Going Up

November 10, 2009 · 15 comments

in US debt, US dollar, US economy, gold, international economy, investing, wealth protection

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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US Jobless Rate Hits 7.5%

January 27, 2009 · 0 comments

in layoffs, unemployment

Well, maybe we are getting close to 10% unemployment in the US as I suggested in a previous post.  The most recent numbers indicate that unemployment levels in the US have reached 7.5%.  According to this Globe and Mail report, anyway.  Still, it’s a long way off from Great Depression numbers.  AND unemployment is measured [...]

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50,000 Jobs Cut Today Alone

January 27, 2009 · 2 comments

in Nouriel Roubini, layoffs, recession, unemployment

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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