Posted on July 2, 2010 by MoneyBob
The stock market continued its sell-off Thursday as investors await Friday’s June unemployment report. The consensus estimate among economists is for a loss of at least 100,000 jobs and the unemployment rate to inch up to 9.8%.The jobs data we have already received this week also doesn’t suggest positive news. This week’s initial jobless claims [...]
Filed under: Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Housing, Life, Middle Class, Personal, Real Estate, Robert Shiller, Taxes, economics | Tagged: Economy, ecoomics, Housing, housing bubble, Real Estate, Richard Suttmeier | Leave a Comment »
Posted on July 1, 2010 by MoneyBob
Howard Davidowitz is a bear on America. If you’ve watched any of the recent clips, you know he’s negative on stocks, the economy and the political system. (If you haven’t seen them, check the links below.)Much of Davidowitz’s frustrations stem from the bailout of our financial system. “If a bank is bad, you let it [...]
Filed under: Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Elizabeth Warren, FDIC, Foreclosure, Housing, Howard Davidowitz, MoneyBob Postings, economics | Tagged: Recession, Economy, economics, Banks, Depression, Obama, Howard Davidowitz, Bailouts, bad banks, citibank, citi | Leave a Comment »
Posted on July 1, 2010 by MoneyBob
The U.S. economy is in shambles and Americans will continue to see high unemployment and lower living standards in the years to come, Howard Davidowitz tells Henry and Aaron in the accompanying clip. Davidowitz lays much of the blame for the economy’s woes at the feet of the Obama administration, which he calls “the worst [...]
Filed under: Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Foreclosure, Howard Davidowitz, Life, Obama, Personal, Retirement, Robert Prechter, Robert Shiller, Stagflation, Unemployment Rate, Work, economics | Tagged: Recession, Economy, economics, Deflation, Depression, Obama, Howard Davidowitz, Barrack Obama, Unemployment | Leave a Comment »
Posted on June 28, 2010 by MoneyBob
Monday’s weak consumer spending data is the latest in a string of reports that has many Americans worried about a “double-dip” recession.Then again, considering the unemployment rate has remained elevated, many Americans would be forgiven for thinking the recession that began in December 2007 still hasn’t ended. Notably, that’s the view of the National Bureau [...]
Filed under: Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, MoneyBob Postings, economics | Tagged: Depression, double dip, economics, Economy, Recession | Leave a Comment »
Posted on April 13, 2010 by MoneyBob
more about "davidowitz wall st. d.c. bigwigs “bur…", posted with vodpod
Filed under: Credit Crunch, Deflation, Depression, Dooms Day, Economy, Howard Davidowitz, MoneyBob Postings, economics | Tagged: Depression, economics, Economy, Howard Davidowitz, Recession | Leave a Comment »
Posted on March 17, 2010 by MoneyBob
Americans’ Mistrust of Govt. Is Rational and Warranted, But Also Dangerous” The United States invariably does the right thing, after having exhausted every other alternative,” Winston Churchill once said.The problem is “we’re in the process of exhausting all the alternatives pretty quickly,” says William Galston, a senior fellow at the Brookings Institution.A recent CBS/NY Times [...]
Filed under: Bankruptcy, Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, Gary Shilling, Inflation, economics | Tagged: Economy, economics, Deflation, Depression, government, William Galston, Brookings Institution, Winston Churchill | Leave a Comment »
Posted on March 14, 2010 by MoneyBob
more about “Deflation is Coming“, posted with vodpod
Filed under: Credit Crunch, Debt Management, Deflation, Depression, Dooms Day, Economy, MoneyBob Postings, Robert Prechter, economics | Tagged: Deflation, Depression, economics, Economy, Robert Prechter | Leave a Comment »
Posted on March 14, 2010 by MoneyBob
Washington is patting itself on the back for having orchestrated an amazing economic recovery. But Washington lawmakers are a delusional bunch of boneheads, say Marc Faber and Mike “Mish” Shedlock, editor of the Gloom, Boom, and Doom Report and investment advisor at SitkaPacific Capital Management, respectively.The economy is NOT recovering, they say, and the U.S. [...]
Filed under: Credit Freeze, Credit Reports, Deflation, Depression, Dooms Day, Economy, Investing, Stagflation, Stock Market, economics | Tagged: Economy, economics, Marc Faber, Mish, Faber, Mish Shedlock | Leave a Comment »
Posted on March 14, 2010 by MoneyBob
Which is the greater threat, inflation or deflation?In Marc Faber and Michael “Mish” Shedlock, we found two market watchers ready (and able) to champion both sides of this great debate.Shedlock, an investment advisor with SitkaPacific Capital and author of the economics blog, MISH’S Global Economic Trend Analysis, made the case for deflation: Credit is contracting, [...]
Filed under: Credit Crunch, Credit Freeze, Deflation, Depression, Dooms Day, Economy, Foreclosure, Gold, Inflation Protected, Investing, economics | Tagged: Deflation, Depression, economics, Economy, Inflation, Investing, Stock Market | Leave a Comment »
Posted on March 5, 2010 by MoneyBob
U.S. Growth Outlook: Still Anemic and U-Shaped but Risks of a Double-Dip Recession Are Rising by Nouriel Roubini A slew of poor economic data over the past two weeks suggests that the U.S. economy in 2010 is headed for – at best – a U-shaped recovery. The macro news, including data on consumer confidence, home [...]
Filed under: Deflation, Dooms Day, Economy, Nouriel Roubini, Retirement, Stagflation, Thoughts, Work, economics | Tagged: Deflation, double dip, economics, Economy, L shaped, Nouriel Roubini, recovery, rge, u-shaped | Leave a Comment »
