.. continuing high unemployment, a moribund housing sector, the dire condition of state and local finances, a lack of readily available credit and the ongoing fragility of a banking sector that is still loaded with toxic assets that are significantly overvalued on banks’ balance sheets.
Post Tagged with: "stock market"
Jobless Recovery?: 25 Unemployment Statistics That Are Almost Too Depressing To Read
If you think that things are bad now, just wait. Things are going to get a whole lot worse. A horrific economic collapse is coming, and it is going to be very, very painful.
The con of the century – Federal Reserve made $9 trillion in short-term loans to only 18 financial institutions. Since 2000 the US dollar has fallen by 33 percent. The hidden cost of the bailouts.
The Fed operated as a global pawnshop taking in practically anything the banks had for collateral.
Be Careful What You Wish for
I think basically that the crash of 2007 through 2009 was only the first half of a much larger problem. I don’t want to say the worst is yet to come, but the second half may not be any more pleasant.
It Isn’t Insider Trading When Congressmen Do It: Ann Woolner
Laws that criminalize insider trading cover corporate insiders and those they tip, but not specifically Congress. And while scholars differ on whether existing law could be applied on Capitol Hill, it hasn’t been.
Gone in a flash: The life savings of millions of Americans could disappear in an instant and the SEC has no idea what to do about it
On May 6, the Dow plunged hundreds of points in a matter of minutes for reasons that most investors couldn’t explain. The incident has become known as the “flash crash” in investment circles.
Stock market ends worst August in 9 years
Still over 92 new regulations to be written in finance bill and Obamacare hasn’t even kicked into high gear yet. Investors are pulling out of the stock market despite good values. Are we running scared?
Republicans Play into Obama’s Hands
Samara, who believes that the U.S. is undergoing “regime change” away from free enterprise capitalism to the establishment of a socialist government, says that while the Republicans understand that Obamanomics has failed, they must quit acting like “Democrat light” in the current crisis and recognize that the Federal Reserve has become part of the problem.
Dr. Doom on Recession, Bond Bubble, Unemployment
Peter Schiff is president and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. Schiff frequently appears as a guest on CNBC, Fox News, and Bloomberg Television and is often quoted in major financial publications and is a frequent guest on internet radio as well as host of the podcast Wall Street Unspun. He is known for his bearish views on the United States stock market, bond market, the US dollar, and the United States economy in general, which have earned him the nickname “Dr. Doom.”
Small Investors Flee Stocks, Changing Market Dynamics
Many individual investors were tiptoeing back into stocks in the spring. Now, they’re running for cover again.