Filed under: Credit Crunch, Depression, Economy, Unemployment Rate, economics | Tagged: economics, Economy, Recession, Unemployment Rate | Leave a Comment »
Read Top Fund Managers Comments on Economy
Posted on January 26, 2009 by MoneyBob
Mutual fund managers’ quarterly letters, market commentaries, forecasts, and other reports are full of interesting tidbits and, if one looks carefully, investment ideas. Every quarter, mutual funds are required to publish reports, and many portfolio managers, research chiefs, and advisors take the time to express their opinions about the markets, individual stocks, or other items on their [...]
Filed under: Bill Gross, Credit Crunch, Deflation, Economy, Market History, Mohamed El-Erian, Morgan Stanley, PIMCO, Paul McCulley, economics | Tagged: Bill Gross, BlackRock, Legg Mason, Mohamed El-Erian, Morgan Stanley, Oakmark Investments, Paul McCulley, PIMCO, T. Ro, T. Rowe Price | Leave a Comment »
The U.S. Banking System is Close to Insolvency
Posted on January 22, 2009 by MoneyBob
ALERT RGE Monitor January 22, 2009 RGE Monitor Estimates $3.6 Trillion Loan and Securities Losses in the U.S. Nouriel Roubini and Elisa Parisi-Capone of RGE Monitor release new estimates for expected loan losses and writedowns on U.S. originated securitizations: * Loan losses on a total of $12.37 trillion unsecuritized loans are expected to reach $1.6 [...]
Filed under: Bankruptcy, Credit Crunch, Deflation, Depression, Dooms Day, Economy, FDIC, Market History, MoneyBob Postings, Nouriel Roubini, economics | Tagged: business, economics, Economy, Life, Nouriel Roubini, Work | Leave a Comment »
Decade of The Great Depression
Posted on January 14, 2009 by MoneyBob
A Short Summary: It is August 1939 and Americans are still recovering from the Great Depression–the worse nightmare that has ever happened to the United States. For the last ten years, since 1929, this country has experienced total economic collapse. Who could have imagined that this would happen in our modern industrial world? The Wall [...]
Filed under: Bankruptcy, Credit Crunch, Deflation, Depression, Economy, economics | Tagged: Depression, Dooms Day, Life, Market History | 1 Comment »
The Real Unemployment Rate is Closer to 16.5%
Posted on January 14, 2009 by MoneyBob
By Pedro Nicolaci da Costa NEW YORK (Reuters) – When economists tell us the current U.S. slump could never turn into another Great Depression, they all point to one thing: one of four Americans was out of work in the 1930s. But since the definition of joblessness has changed over the years, this expert assessment [...]
Filed under: Economy, Interest Rates, Market History, Reuters, economics | Tagged: Deflation, Dooms Day, economics, Economy, Market History, Recession, Reuters, Thoughts, Work | 1 Comment »
