Markets
IMF Outlook for Global Economy Gloomy
There is little growth on the horizon for the global economy, and a significant likelihood of further trouble, believes the International Monetary Fund....
Corn Syrup Makers Seek Name Change for Sweetener
With high-fructose corn syrup suffering from years of bad press, and consumption of the popular sweetener falling to a 20-year low over concerns...
Read moreRecession is Over?
With a straight face, the National Bureau of Economic Research (NBER) announced that the Great Recession ended last June. June of 2009, that...
Read moreBernanke Whitewashes Fed Responsibility for “Great Recession”
Federal Reserve Board Chairman Ben Bernanke largely whitewashed Federal Reserve responsibility for the housing bubble and resultant economic recession in testimony before the...
Read moreHousing Bubble Refuses to Re-Inflate
Housing sales dropped by more than 25 percent nationwide in July, according to the National Association of Realtors, after a federal tax credit...
Read moreFed Confirms Recovery Stalled
When the Federal Open Market Committee announced yesterday that “the pace of economic recovery is likely to be more modest in the near...
Read moreFrom China, With Love
Addison Wiggin asked his readers to imagine an older happily married couple, having their usual morning breakfast together: They work well together, though...
Read moreThe Invisible Recovery
On Friday Reuters reported that non-government payrolls rose only slightly in June and overall employment fell “for the first time this year …...
Read moreFannie and Freddie De-listed From NYSE: Now What?
When ABC News announced that Fannie Mae and Freddie Mac would be de-listed by the New York Stock Exchange on July 8, writer...
Read moreFannie/Freddie Bailout May Reach 1 Trillion
Just when Americans thought that the bailouts were over, Bloomberg Financial News service reported on June 13 that the final tab for Fannie...
Read moreFed Manipulations in the Crosshairs
Before the economic meltdown was in full swing, a Florida real-estate developer named William Pitts correctly read the signs pointing toward tough times...
Read moreEconomic Forecast: Summer of Discontent
After six straight months of gains in consumer spending the April numbers showed no change from March, according to the Commerce Department. This...
Read moreMortgage Defaults Increasing
According to the New York Times, “A growing number of the people whose homes are in foreclosure are refusing to slink away in...
Read moreTop Banks Conspired to Defraud Taxpayers
More than a dozen top American banks were involved in a conspiracy to swindle taxpayers by rigging auctions in the $2.8 trillion municipal...
Read moreDow Theory’s Russell Says Major Crash Coming
The day after the “flash crash” in the stock market on May 6th, Richard Russell, the octogenarian author of the Dow Theory Letters,...
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