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Video: Light at end of the recession tunnel
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Posted by MyPropsMonkey 23 minutes ago (feeds.reuters.com).  Views: 0
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Nov. 20 - Reuters West Coast bureau chief Mary Milliken says LA has seen a rise in car commercials production, a hopeful economic sign.
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Stop the madness now!
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Posted by MyPropsMonkey 1 hour 58 minutes ago (feedproxy.google.com).  Views: 2
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And the economic policies during recessions in 1991 and 2001 seem to bear that out. The Harding Recession of 1921 is commonly seen as gold standard response. Monetary stimulus. Quantitative easing mania. My understanding is this is what Ambrose [More...]
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Guest Post: What If They Stop Buying Our Debt?
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Posted by MyPropsMonkey 3 hours 5 minutes ago (zerohedge.com).  Views: 1
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Beyond that, the source of funds previously allocated to their purchases -- trade surpluses -- has declined sharply with the recession. As a consequence, going forward, foreign buying is more apt to shrink than increase. While foreigners are continuing [More...]
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CHART OF THE DAY: The Bloodbath In American Manufacturing Is Over
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Posted by MyPropsMonkey 5 hours 27 minutes ago (feedproxy.google.com).  Views: 1
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Today's chart shows the number of mass layoff events (at least 50 people whacked in one blow) per month in manufacturing, and as you can see, it's way down from its peak, and now below the peak of the 2001-2002 recession. Still, we've got to see a [More...]
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Goldman Back To Economy Bashing Mode
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Posted by MyPropsMonkey 5 hours 41 minutes ago (zerohedge.com).  Views: 0
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Our conclusion: while the bottom in housing starts has very likely been seen, homebuilding is likely to provide a much smaller boost to real GDP growth in 2010 than in the recovery from prior deep recessions.  Meanwhile, house prices and credit [More...]
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How Deutsche Bank Bet On Americans Dying Young, And Lost Millions For Investors
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Posted by MyPropsMonkey 5 hours 55 minutes ago (feedproxy.google.com).  Views: 1
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But if only they'd anticipated the recession, they might have seen it coming. As we've noted before, when employment goes down, lifespans go up (for whatever reason) Join the conversation about this story » See Also: NYT Sparks Silly [More...]
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Unemployment Continues Climbing to Record Levels
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Posted by MyPropsMonkey 6 hours 19 minutes ago (commoditytradealert.com).  Views: 3
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3 million jobs since the start of the recession in December 2007, the most of any downturn since the Great Depression. Other measures corroborate that while firms are firing fewer workers, it is harder for the unemployed to find work. The number of [More...]
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Workers feel recession pain
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Posted by MyPropsMonkey 6 hours 24 minutes ago (cnn.com).  Views: 1
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A new poll suggests many Americans aren't happy at work. CNN's Felicia Taylor explains.
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Who's to blame for recession?
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Posted by MyPropsMonkey 6 hours 51 minutes ago (cnn.com).  Views: 1
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New polls show blame shifting for who is responsible for the recession. CNN's Paul Steinhauser explains.
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WSJ: Why No One Expects a Strong Recovery – When you repeal sound economic policies you repeal their results
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Posted by MyPropsMonkey 7 hours 48 minutes ago (commoditytradealert.com).  Views: 2
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(WSJ – Jeb Hensarling, Paul Ryan) One of the strongest factors promoting recovery from our 10 post-World War II recessions was an unshakable conviction that, regardless of the immediate trouble, the American economy is fundamentally strong. Based on this [More...]
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Morning Update/ Market Thread 11/20
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Posted by MyPropsMonkey 7 hours 49 minutes ago (economicedge.blogspot.com).  Views: 1
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” Lindberg’s South Seattle company, which makes specialized attachments for heavy equipment, already has cut its work force from 45 to 35 during the recession, and slashed production in half. “We’re struggling to get orders in the market and cut [More...]
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Detroit's New Cannabis College Raises Hopes For Higher Value Jobs
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Posted by MyPropsMonkey 8 hours 43 minutes ago (feedproxy.google.com).  Views: 2
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Here are some excerpts from the college's website: 'Join one of the fastest growing, recession proof industries in the state and earn a living while helping patients with serious medical conditions.' 'Med Grow Cannabis College is comitted to the [More...]
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CNN Poll: Blame for recession shifting from GOP to Democrats (CNN)
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Posted by MyPropsMonkey 9 hours 24 minutes ago (memeorandum.com).  Views: 2
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CNN: CNN Poll: Blame for recession shifting from GOP to Democrats  —  Washington (CNN) - Nearly two years into the recession, opinion about which political party is responsible for the severe economic downturn is shifting, according to a new [More...]
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Smucker's profit surges after acquiring Folgers
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Posted by MyPropsMonkey 9 hours 35 minutes ago (msnbc.msn.com).  Views: 1
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... Co.'s acquisition of Folgers Coffee Co. continues to pay off for the jam maker, helping to more than double its fiscal second-quarter profit, as consumers continue to turn to the company's well-known brands and eat at home more during the recession. [More...]
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Poll: Public shifting blame for recession
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Posted by MyPropsMonkey 10 hours 28 minutes ago (cnn.com).  Views: 1
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Poll: Public shifting blame for recession
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Four lessons from the recession
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Posted by MyPropsMonkey 10 hours 29 minutes ago (money.cnn.com).  Views: 1
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Japan: Deflation Is Roaring Again, A Double-Dip Back On The Table
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Posted by MyPropsMonkey 12 hours 44 minutes ago (feedproxy.google.com).  Views: 3
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Honestly, we're not sure how an economy that's been in a near-constant deflationary slide since the early 90s can ever have a double-dip recession. Octuple-dip sounds more like it. But, Japanese leaders are out with a fresh warning that deflation is [More...]
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Asian Markets Continue To Push Lower
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Posted by MyPropsMonkey 12 hours 53 minutes ago (feedproxy.google.com).  Views: 3
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Markets, especially in Asia, have rallied hard since their nadir in March as investors anticipated the global economy would rebound quickly from its worst recession in decades. Major economies are growing again, according to the latest figures, but [More...]
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