Mouse over picture Existing home sales ticked downward in March, with much of the decline concentrated in the mid-west and the south. Sales are now off 32% since June of 2005 and inventories remain stubbornly high. As recession fears continue, downward pressure will likely remain for some time to come Jim Stack of InvesTech Research [...]
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Goldman’s Murti Says Oil `Likely’ to Reach $150-$200 By Nesa Subrahmaniyan May 6 (Bloomberg) — Crude oil may rise to between $150 and $200 a barrel within two years as growth in supply fails to keep pace with increased demand from developing nations, Goldman Sachs Group Inc. analysts led by Arjun N. Murti said in [...]
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Go ahead and read those apocalyptic books on the economy if you like a good scare. But be sure you recognize fiction when you see it. By Jim Jubak If fairy tales express our deepest fears, then investors must be on the verge of a psychotic breakdown. The current crop of financial gloom-and-doom books carry [...]
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A CNN/Opinion Research poll shows that the nation is becoming more convinced the economy is in a nosedive. By Catherine Clifford, CNNMoney.com staff writer Last Updated: May 6, 2008 NEW YORK (CNNMoney.com) — A new poll shows that more Americans than ever before think the economy is in a recession. A national CNN/Opinion Research Corp. [...]
Filed under: Credit Crunch, Economy, economics | Tagged: economics, Economy, finance, Life, Personal, Personal Thoughts, Recession, Thoughts, Work | 1 Comment »
