Saturday, September 22, 2012

DailyMarkets.com - Behind The Curve

DailyMarkets.com - Behind The Curve


Behind The Curve

Posted: 21 Sep 2012 06:06 PM PDT

According to rating agency Standard & Poor’s, “there's a 20% to 25% chance that the U.S. economy will suffer a double-dip recession.”
If the following reports are any guide, I reckon the odds are closer to 100% that we are already in one.
“Older Workers Still Struggling After Great Recession” (Huffington Post)
Three years after the Great Recession officially ended, >boomers are still having a hard time making ends meet and finding jobs, according to a new AARP report.
The report, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Week Ahead: US GDP, Housing Data

Posted: 21 Sep 2012 08:49 AM PDT

09/21/12 The upcoming trading week brings plenty of global economic data releases. US GDP and housing data will be closely … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


How Serious Is The China/Japan Dispute?

Posted: 20 Sep 2012 06:04 AM PDT

Ambrose Evans-Pritchard wrote a rather alarmist account of the Chinese/Japanese clash over the Senkaku/Diaoyu Islands. He drew parallels with an event in 1911 that eventually led up to World War I:
This is a calibrated crisis to test the strength of the US alliance with Japan. It reminds me of the Agadir Crisis in 1911, when Kaiser Wilhelm sent the warship Panther to Morocco to prevent French annexation, though there were a series of such seemingly preposterous episodes.

In a strict sense, the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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