Posted on October 18, 2009 by MoneyBob
10 to 12 million U.S. Homes Could Ultimately Go Into Foreclosure There’s been a lot of talk lately about a recovery in the housing market – even reports of bubbles re-inflating in certain markets. Elizabeth Warren, chair of the Congressional Oversight Panel, isn’t buying it. “We see things getting worse in the housing market,” Warren [...]
Filed under: Aaron Task, Deflation, Depression, Dooms Day, Economy, Elizabeth Warren, Housing, Mortgages, Retirement, Unemployment Rate, Yahoo Finance, economics | Tagged: economics, Economy, Elizabeth Warren, Federal Reserve, government, Recession | Leave a Comment »
Posted on April 19, 2009 by MoneyBob
Ben Bernanke, the Federal Reserve chairman, sees “green shoots.” President Obama sees “glimmers of hope.” And the stock market has been on a tear. So is it time to sound the all clear? Here are four reasons to be cautious about the economic outlook. 1. Things are still getting worse. Industrial production just hit a [...]
Filed under: Credit Crunch, Depression, Economy, MoneyBob Postings, Paul Krugman, economics | Tagged: Depression, economics, Economy, Federal Reserve, NY Times, Paul Krugman | Leave a Comment »
Posted on October 22, 2008 by MoneyBob
New Money Market Investor Funding Facility (MMIFF) Fed To Buy Frozen Assets To Meet Redemptions from Money Market Accounts Federal Reserve will help finance purchases of up to $600 billion in assets from money market mutual funds which have suffered redemptions from investors seeking the safety of government debt. The program start date should be [...]
Filed under: Banking, Credit Crunch, Credit Freeze, Dooms Day, Economy, Liquidity Squeeze, Money Market, Saving, Treasury Department, economics | Tagged: Credit Crunch, economics, Economy, Federal Reserve, Money, Money Market, The Fed, Treasury Department | Leave a Comment »
Posted on March 6, 2008 by MoneyBob
March 6 (Bloomberg) — Treasuries rose and three-month bill rates fell to the lowest level since 2004 on concern that the Federal Reserve may be unable to prevent credit-market losses from deepening. Investors sought the safety of government debt as Citigroup Inc. planned to pare its U.S. residential unit’s mortgage and home-equity holdings by about [...]
Filed under: Credit Crunch, Economy, Interest Rates, Liquidity Squeeze, Market History, The Fed | Tagged: Bonds, Citigroup, economics, Federal Reserve, Fixed Income, Information, Thoughts, Treasuries | Leave a Comment »
