BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Oil Futures Up on Obama's State of the Union Address]]>http://www.bloggingstocks.com/2010/01/28/oil-futures-up-on-obamas-state-of-the-union-address/http://www.bloggingstocks.com/2010/01/28/oil-futures-up-on-obamas-state-of-the-union-address/http://www.bloggingstocks.com/2010/01/28/oil-futures-up-on-obamas-state-of-the-union-address/#commentsFiled under: ,

Last night was President Obama's first State of the Union address. Already, the oil market is benefiting from the speech, as it gave a sense of optimism for the economy, according to some analysts. That is, if you can call a 23-cent jump in futures a benefit.

The speech stressed job creation and the belief that the worst of the economic crisis is over, which has trickled over to investors (and who said trickle-down economics don't work?). Combine last night's Presidential address with the Federal Reserve's decision to leave monetary policy unchanged and you have the makings of a temporary bump for the market.

Continue reading Oil Futures Up on Obama's State of the Union Address

Oil Futures Up on Obama's State of the Union Address originally appeared on BloggingStocks on Thu, 28 Jan 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic recoveryEconomicRecoveryinthenewsoiloil futuresoil pricesOilFuturesOilPricesPresident ObamaPresidentObamaState of the UnionStateOfTheUnionThu, 28 Jan 2010 10:00:00 EST<![CDATA[Serious Money: Dubai Vaporizes $48 Trillion]]>http://www.bloggingstocks.com/2009/12/28/serious-money-dubai-vaporizes-48-trillion/http://www.bloggingstocks.com/2009/12/28/serious-money-dubai-vaporizes-48-trillion/http://www.bloggingstocks.com/2009/12/28/serious-money-dubai-vaporizes-48-trillion/#commentsFiled under: , , , , , , , , ,

Best wishes to all and, next to world peace among people, we should hope for the same among world markets.

I have let some time pass before commenting on a recent example of how fragile a world we live in. This past year through a time of greater economic danger, fear and volatility than most of us has experienced in a life time, many people cannot fathom how close we came to the edge of Hades.


Continue reading Serious Money: Dubai Vaporizes $48 Trillion

Serious Money: Dubai Vaporizes $48 Trillion originally appeared on BloggingStocks on Mon, 28 Dec 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>banking sectorBankingSectorburj dubaiBurjDubaidubai worldDubaiWorldeconmic valuationEconmicValuationeconomic crisiseconomic recoveryeconomic stimulusEconomicCrisisEconomicRecoveryEconomicStimulusGlobal Stock MarketsGlobalStockMarketsinthenewasserious moneySeriousMoneysheldon liberSheldonLiberMon, 28 Dec 2009 15:00:00 EST<![CDATA[Oil Rises on Anticipation of Cold Weather]]>http://www.bloggingstocks.com/2009/12/28/oil-rises-on-anticipation-of-cold-weather/http://www.bloggingstocks.com/2009/12/28/oil-rises-on-anticipation-of-cold-weather/http://www.bloggingstocks.com/2009/12/28/oil-rises-on-anticipation-of-cold-weather/#commentsFiled under: , ,

oil pricesOil prices are moving higher today, as investors look to weather forecasts that predict colder than normal weather coming over the next week.

According to a report from Weather Derivatives, heating fuel consumption will most likely rise by about 6.7% over the next seven days as cold weather continues to sweep across the nation.

Continue reading Oil Rises on Anticipation of Cold Weather

Oil Rises on Anticipation of Cold Weather originally appeared on BloggingStocks on Mon, 28 Dec 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic recoveryEconomicRecoveryenergyfeaturedheating fuelsHeatingFuelsoiloil pricesOilPriceswinter weatherWinterWeatherMon, 28 Dec 2009 09:30:00 EST<![CDATA[Jobless Claims Further Sour Street's Mood]]>http://www.bloggingstocks.com/2009/12/17/jobless-claims-further-sour-streets-mood/http://www.bloggingstocks.com/2009/12/17/jobless-claims-further-sour-streets-mood/http://www.bloggingstocks.com/2009/12/17/jobless-claims-further-sour-streets-mood/#commentsFiled under: , ,

What started as a rough morning have become even rougher after the weekly release of jobless claims. Initial jobless claims unexpectedly increased by 7,000 in the past week to total 480,000, reversing the recent trend. While the dollar remained higher, both crude oil and treasuries reacted negatively to the news.

The consensus called for a drop to 465,000 initial claims in the past week. The number of claims in the prior week was revised down to 473,000 from the originally reported 474,000. The four-week average for jobless claims dropped, marking a 15th straight week.

Continue reading Jobless Claims Further Sour Street's Mood

Jobless Claims Further Sour Street's Mood originally appeared on BloggingStocks on Thu, 17 Dec 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bad newsBadNewseconomic recoveryEconomicRecoveryinthenewsjobless claimsJoblessClaimsThu, 17 Dec 2009 09:30:00 EST<![CDATA[Retail sales rise more than expected last month]]>http://www.bloggingstocks.com/2009/12/11/retail-sales-rise-more-than-expected-last-month/http://www.bloggingstocks.com/2009/12/11/retail-sales-rise-more-than-expected-last-month/http://www.bloggingstocks.com/2009/12/11/retail-sales-rise-more-than-expected-last-month/#commentsFiled under: , , , , , ,

november retail salesThe retail industry got some good news today as the Commerce Department announced that retail sales rose more than expected last month.

Before today's report, analysts had predicted that we would see a 0.7% jump in retail sales last month, but the actual figures showed a much higher 1.3% increase during the month. This comes on the heels of a 1.1% increase in October.

Continue reading Retail sales rise more than expected last month

Retail sales rise more than expected last month originally appeared on BloggingStocks on Fri, 11 Dec 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>consumerconsumer confidenceconsumer spendingConsumerConfidenceConsumerSpendingeconomic recoveryEconomicRecoveryfeaturedproductionrecessionFri, 11 Dec 2009 16:40:00 EST<![CDATA[Manufacturing, economic growth in China]]>http://www.bloggingstocks.com/2009/11/02/manufacturing-economic-growth-in-china/http://www.bloggingstocks.com/2009/11/02/manufacturing-economic-growth-in-china/http://www.bloggingstocks.com/2009/11/02/manufacturing-economic-growth-in-china/#commentsFiled under: , ,

Export orders were on the rise in October in China, suggesting a strengthening recovery and an opportunity to cut back on stimulus spending. The manufacturing measure grew at its fastest rate in the past year and a half, according to the HSBC (NYSE: HBC) purchasing managers' index. It increased to a seasonally adjusted 55.4 from 55 in September.

If you're looking for a reason behind the gain, it's all in the flow of capital. In addition to the government's economic stimulus package, $1.27 trillion in new loans were written to help deliver the country from the global financial crisis.

Continue reading Manufacturing, economic growth in China

Manufacturing, economic growth in China originally appeared on BloggingStocks on Mon, 02 Nov 2009 08:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>economic recoveryeconomic stimulusEconomicRecoveryEconomicStimuluseurozonegoldman sachsGoldmanSachsgshbchsbcinstitute for supply managementInstituteForSupplyManagementinthenewsMon, 02 Nov 2009 08:40:00 EST<![CDATA[Third-quarter GDP shows growth -- is the recession over?]]>http://www.bloggingstocks.com/2009/10/29/third-quarter-gdp-shows-growth-is-the-recession-over/http://www.bloggingstocks.com/2009/10/29/third-quarter-gdp-shows-growth-is-the-recession-over/http://www.bloggingstocks.com/2009/10/29/third-quarter-gdp-shows-growth-is-the-recession-over/#commentsFiled under: ,

It appears that the U.S. economy may finally be dragging itself out of the economic doldrums. At least, that is what the third-quarter Gross Domestic Product indicates. The GDP showed that the U.S. economy grew at a 3.5% annual pace in the third quarter, snapping a four-quarter contraction streak.

The growth is attributed to the massive government stimulus, which led to higher consumer spending. In addition, a reduction in inventories and robust government spending helped spur growth in the third quarter. But even excluding the influence of auto sales, production and inventories, the economy grew 1.9 percent last quarter.

Continue reading Third-quarter GDP shows growth -- is the recession over?

Third-quarter GDP shows growth -- is the recession over? originally appeared on BloggingStocks on Thu, 29 Oct 2009 09:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic growtheconomic recoveryEconomicGrowthEconomicRecoveryeconomyfeaturedGDPgross domestic productGrossDomesticProductThu, 29 Oct 2009 09:35:00 EST<![CDATA[Consumer sentiment drops: savings and debt repayment are culprits]]>http://www.bloggingstocks.com/2009/10/16/consumer-sentiment-drops-savings-and-debt-repayment-are-culprit/http://www.bloggingstocks.com/2009/10/16/consumer-sentiment-drops-savings-and-debt-repayment-are-culprit/http://www.bloggingstocks.com/2009/10/16/consumer-sentiment-drops-savings-and-debt-repayment-are-culprit/#commentsFiled under: , ,

The recession is only over if you ask the right people. While some sectors are starting to see the light at the end of the tunnel, consumers remain concerned. It may be tempting to listen to the experts over the average Joe, but the former don't control 70% of the U.S. economy. So, as long as people are worried abou unemployment (which continues to rise), the levels of debt they carry and whether they're at risk of foreclosure, the recession will live on in the hearts of those who write checks and swipe credit cards.

Continue reading Consumer sentiment drops: savings and debt repayment are culprits

Consumer sentiment drops: savings and debt repayment are culprits originally appeared on BloggingStocks on Fri, 16 Oct 2009 17:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>consumer sentimentconsumer spendingConsumerSentimentConsumerSpendingdebtdebt reductiondebt repaymentDebtReductionDebtRepaymenteconomic recoveryEconomicRecoveryeconomyfeaturedrecessionrecoverysavings rateSavingsRateFri, 16 Oct 2009 17:00:00 EST<![CDATA[It was a record quarter ... for foreclosures]]>http://www.bloggingstocks.com/2009/10/15/it-was-a-record-quarter-for-foreclosures/http://www.bloggingstocks.com/2009/10/15/it-was-a-record-quarter-for-foreclosures/http://www.bloggingstocks.com/2009/10/15/it-was-a-record-quarter-for-foreclosures/#commentsFiled under: , ,

It has been a great quarter for the economy, hasn't it? I mean, the economic recovery is in full swing . . . right? The Dow has eclipsed 10,000 for the first time in a year and there is absolutely no hint of the doldrums from which the economy has emerged. Not so fast, my friend.

According to RealtyTrac, an online marketer of foreclosed homes, 937,840 homes were foreclosed on during the past quarter -- a record number. That is a lot of foreclosures -- 5% more than in the second quarter and 23% more than a year ago. In fact, this means that one in every 136 homes were in foreclosure. Rick Sharga from RealtyTrac told CNNMoney: "They [the past quarter] were the worst three months of all time."

Continue reading It was a record quarter ... for foreclosures

It was a record quarter ... for foreclosures originally appeared on BloggingStocks on Thu, 15 Oct 2009 08:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic recoveryEconomicRecoveryfeaturedforeclosureshome foreclosuresHomeForeclosuresThu, 15 Oct 2009 08:40:00 EST<![CDATA[Are you ready for a 'slow and painful' recovery?]]>http://www.bloggingstocks.com/2009/10/13/are-you-ready-for-a-slow-and-painful-recovery/http://www.bloggingstocks.com/2009/10/13/are-you-ready-for-a-slow-and-painful-recovery/http://www.bloggingstocks.com/2009/10/13/are-you-ready-for-a-slow-and-painful-recovery/#commentsFiled under: , ,

On Monday, the National Association of Business Economics (NABE) announced that it believes the recession is over, but many of the economists it surveyed don't believe there will be a "meaningful improvement in jobs, credit or housing for months to come."

NABE asked a group of 43 top economists if they believe the U.S. economy has pulled out of the recession. Of those responding, 81% believe the recovery has started recovering, and 9% (four of those responding) thinking we are still in a recession. Four others were unsure.

Continue reading Are you ready for a 'slow and painful' recovery?

Are you ready for a 'slow and painful' recovery? originally appeared on BloggingStocks on Tue, 13 Oct 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic crisiseconomic downturneconomic recoveryEconomicCrisisEconomicDownturnEconomicRecoveryfeaturedNABENational Association of Business EconomicsNationalAssociationOfBusinessEconomicsTue, 13 Oct 2009 09:50:00 EST<![CDATA[Recovery now more dependent on consumers than ever]]>http://www.bloggingstocks.com/2009/10/12/recovery-now-more-dependent-on-consumers-than-ever/http://www.bloggingstocks.com/2009/10/12/recovery-now-more-dependent-on-consumers-than-ever/http://www.bloggingstocks.com/2009/10/12/recovery-now-more-dependent-on-consumers-than-ever/#commentsFiled under: , ,

Consumer spending may be down, but its share of U.S. economic activity has increased. So, we're now more dependent than before on the average Joe's open wallet to guide us out of the recession. A year ago, consumer spending accounted for 70% of the U.S. economy. Since then, it has edged up to 71%. The long-term average is approximately 65%.

The increase in consumer spending's share of the economy indicates that other sectors fell harder. Business and construction spending on new equipment have constricted at a record rate since 2008. This isn't unusual, though, as consumer spending tends to take a larger piece of the economic pie during downturns.

Continue reading Recovery now more dependent on consumers than ever

Recovery now more dependent on consumers than ever originally appeared on BloggingStocks on Mon, 12 Oct 2009 16:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>consumerconsumer spendingconsumersConsumerSpendingeconomic activityeconomic recoveryEconomicActivityEconomicRecoveryeconomicspersonal spendingPersonalSpendingMon, 12 Oct 2009 16:45:00 EST<![CDATA[Alcoa posts surprising third quarter profit]]>http://www.bloggingstocks.com/2009/10/07/alcoa-posts-surprising-third-quarter-profit/http://www.bloggingstocks.com/2009/10/07/alcoa-posts-surprising-third-quarter-profit/http://www.bloggingstocks.com/2009/10/07/alcoa-posts-surprising-third-quarter-profit/#commentsFiled under: , , , , , , , , , ,

alcoa third quarter earningsAlcoa (NYSE: AA) surprised the market this afternoon by posting its first quarterly profit of the year.

The company credited recent cost cutting measures as the main reason for its profit of $77 million during the quarter (75.8% lower than the same period last year), or 4 cents per share excluding certain items. This was a nice surprise to Wall Street, which had expected to see the company show a loss for the quarter of 9 cents per share.

Continue reading Alcoa posts surprising third quarter profit

Alcoa posts surprising third quarter profit originally appeared on BloggingStocks on Wed, 07 Oct 2009 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAlcoaaluminumDOWearningsearnings seasonEarningsSeasoneconomic recoveryEconomicRecoveryfeaturedrecessionWed, 07 Oct 2009 18:30:00 EST<![CDATA[International Monetary Fund sees sluggish recovery]]>http://www.bloggingstocks.com/2009/10/01/international-monetary-fund-sees-sluggish-recovery/http://www.bloggingstocks.com/2009/10/01/international-monetary-fund-sees-sluggish-recovery/http://www.bloggingstocks.com/2009/10/01/international-monetary-fund-sees-sluggish-recovery/#commentsFiled under: ,

On Thursday, the International Monetary Fund (IMF) said the global economy will grow next year, but cautioned the recovery will be sluggish. The IMF added that the recovery could even "stall out" if policymakers assume the slump is over. The IMF's recent outlook, however, is better than July's outlook, as the IMF predicts better growth in 2010 thanks to "strong public policies ... that have supported demand and all but eliminated fears of a global depression."

As for the recovery, the IMF believes that it will be subdued and "well below" the growth seen before the economic crisis. The group added that there is a "significant risk" of a reversal, noting that central banks in advanced economies need to wait until the recovery is on firm footing.

Continue reading International Monetary Fund sees sluggish recovery

International Monetary Fund sees sluggish recovery originally appeared on BloggingStocks on Thu, 01 Oct 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic recoveryEconomicRecoveryG-20 summitG-20SummitIMFInternational Monetary FundInternationalMonetaryFundinthenewsrecoveryThu, 01 Oct 2009 09:50:00 EST<![CDATA[Job cuts slow in August, more not-so-bad news]]>http://www.bloggingstocks.com/2009/09/02/job-cuts-slow-in-august-more-not-so-bad-news/http://www.bloggingstocks.com/2009/09/02/job-cuts-slow-in-august-more-not-so-bad-news/http://www.bloggingstocks.com/2009/09/02/job-cuts-slow-in-august-more-not-so-bad-news/#commentsFiled under: ,

The Automatic Data Processing (ADP) employment report was released before the opening bell Wednesday morning, showing that the private sector lost 298,000 jobs during August. Expectations called for a loss of 255,000 jobs, but the loss was better than the revised 360,000 jobs lost during July.

A spokesperson for ADP noted a "gradual improvement in labor markets" because "monthly losses are diminishing." That said, the group did note that job losses are likely to continue for "several more months."

In addition to this news, Challenger Gray & Christmas reported that layoffs planned by major U.S. corporations fell 21% from July to August. The 76,456 layoffs in August were the second-lowest amount cut in 2009.

Continue reading Job cuts slow in August, more not-so-bad news

Job cuts slow in August, more not-so-bad news originally appeared on BloggingStocks on Wed, 02 Sep 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adpadp jobs dataAdpJobsDatachallenger gray christmasChallengerGrayChristmaseconomic crisiseconomic recoveryEconomicCrisisEconomicRecoveryfeaturedjob lossesJobLossesWed, 02 Sep 2009 09:30:00 EST<![CDATA[June housing construction makes unexpected jump]]>http://www.bloggingstocks.com/2009/07/17/june-housing-construction-makes-unexpected-jump/http://www.bloggingstocks.com/2009/07/17/june-housing-construction-makes-unexpected-jump/http://www.bloggingstocks.com/2009/07/17/june-housing-construction-makes-unexpected-jump/#commentsFiled under: , , , , , , ,

new home constructionWe get a second piece of positive news out of the housing industry in as many days today as the Commerce Department announced this morning that new home construction jumped 3.6% in June.

No one is going to put forth the argument that the housing market is all of a sudden in good shape again, but we are starting to see signs that things could be at least leveling off, which is the first step that needs to be made.

Continue reading June housing construction makes unexpected jump

June housing construction makes unexpected jump originally appeared on BloggingStocks on Fri, 17 Jul 2009 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>commerce departmentCommerceDepartmentconstructioneconomic recoveryEconomicRecoveryfeaturedhome buyershome startshomebuildersHomeBuyersHomeStartshousingreal estateRealEstaterecessionstimulustax incentivestaxesTaxIncentivesFri, 17 Jul 2009 16:20:00 EST<![CDATA[Is the outlook on the economy brightening?]]>http://www.bloggingstocks.com/2009/07/13/is-the-outlook-on-the-economy-brightening/http://www.bloggingstocks.com/2009/07/13/is-the-outlook-on-the-economy-brightening/http://www.bloggingstocks.com/2009/07/13/is-the-outlook-on-the-economy-brightening/#commentsFiled under: , , ,

Economists are a strange bunch. Their predictions range from the wildly optimistic to the bleakest pessimism. They use numbers to suit their philosophical bent, numbers that will justify their positions. Some believe that the numbers are hocus pocus. However, we must depend upon the numbers that the government provides .

Here are economists' predictions for the second half of 2009 and 2010 according to a Bloomberg survey:

  • Growth will average 1.5% in the second half and 2.1% next year.
  • Economists see no need for a second stimulus package.
  • The economy probably shrank 1.8% in the last quarter.

Continue reading Is the outlook on the economy brightening?

Is the outlook on the economy brightening? originally appeared on BloggingStocks on Mon, 13 Jul 2009 14:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>economic recoveryEconomicRecoveryeconomyrecessionMon, 13 Jul 2009 14:00:00 EST<![CDATA[Banks putting pressure on UK retail sales]]>http://www.bloggingstocks.com/2009/06/18/banks-putting-pressure-on-uk-retail-sales/http://www.bloggingstocks.com/2009/06/18/banks-putting-pressure-on-uk-retail-sales/http://www.bloggingstocks.com/2009/06/18/banks-putting-pressure-on-uk-retail-sales/#commentsFiled under: , , ,

Retail sales took an unexpected downward turn in May in the United Kingdom -- for first time in three months. Cautious banks appear to be the problem, as their rationing of credit is impeding broader economic recovery. Retail sales fell 0.6% from the previous month, while economists had predicted a 0.3% change in the other direction.

Year-over-year, retail sales were off 1.6%. Sales for the year are down 1.1%, the greatest decline since score-keeping began in 1988. Of course, there's plenty of fodder for rationalizing the results. The annual change was affected by an "unusually large" retail sales estimate for May 2008. Clothing, textile, and footwear retailers and department stores led the plunge, with nonfood store sales off 1.4%, compared to a 0.3% increase in food retail sales.

Continue reading Banks putting pressure on UK retail sales

Banks putting pressure on UK retail sales originally appeared on BloggingStocks on Thu, 18 Jun 2009 14:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bankseconomic recoveryeconomiccrisisEconomicRecoveryenglandfinancial crisisgreat britaininthenewslendingrecessionretailretail salesunited kingdomThu, 18 Jun 2009 14:10:00 EST<![CDATA[Will the recession end in 2009?]]>http://www.bloggingstocks.com/2009/05/27/will-the-recession-end-in-2009/http://www.bloggingstocks.com/2009/05/27/will-the-recession-end-in-2009/http://www.bloggingstocks.com/2009/05/27/will-the-recession-end-in-2009/#commentsFiled under: , , ,

It appears that a majority of economists believe that the current recession in the United States is going to end this year. The National Association for Business Economics (NABE) will release today a survey that reflects this belief and is in line with a forecast from Fed Chairman Ben Bernanke and others.

According to the survey, 74% of the forecasters believe the recession will end in the third quarter, with 19% pegging the fourth quarter as the final quarter for the recession. The remaining 7% believe the first quarter of 2010 will be the recession's swan song.

Continue reading Will the recession end in 2009?

Will the recession end in 2009? originally appeared on BloggingStocks on Wed, 27 May 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic growtheconomic recoveryEconomicGrowthEconomicRecoveryinthenewsNABENABE forecastNabeForecastrecessionunemploymentunemployment rateUnemploymentRateWed, 27 May 2009 11:20:00 EST<![CDATA[White House expects no job growth until 2010]]>http://www.bloggingstocks.com/2009/05/11/white-house-expects-no-job-growth-until-2010/http://www.bloggingstocks.com/2009/05/11/white-house-expects-no-job-growth-until-2010/http://www.bloggingstocks.com/2009/05/11/white-house-expects-no-job-growth-until-2010/#commentsFiled under:

While many people were enjoying time with their families on Mother's Day, the White House released a bit of news that may fly under the radar of some. According to The New York Times, President Obama's chief economics forecaster Christina Romer, chairwoman of the White House Council of Economic Advisers, announced that she expects unemployment to continue rising, even after the economy turns.

Romer stated that the GDP has to grow at a rate of about 2.5% before unemployment will start to wane. That said, Romer believes that it is "unfortunately pretty realistic" that unemployment may reach 9.5%. This revelation follows last Friday's data showing that unemployment was 8.9% in April -- the highest level in 25 years.

Continue reading White House expects no job growth until 2010

White House expects no job growth until 2010 originally appeared on BloggingStocks on Mon, 11 May 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic bottomeconomic recoveryEconomicBottomEconomicRecoveryinthenewsRobert ReichRobertReichunemploymentunemployment rateUnemploymentRateMon, 11 May 2009 11:00:00 EST<![CDATA[Consider tracking the economic recovery with UPS]]>http://www.bloggingstocks.com/2009/04/07/consider-tracking-the-economic-recovery-with-ups/http://www.bloggingstocks.com/2009/04/07/consider-tracking-the-economic-recovery-with-ups/http://www.bloggingstocks.com/2009/04/07/consider-tracking-the-economic-recovery-with-ups/#commentsFiled under: ,

United Parcel Service isn't a 'back up the truck' play, but it is a suitable position for investors who can tolerate moderate risk. Here's why:

One could make a strong case that United Parcel Service, Inc. (NYSE: UPS) deserves to trade at the low end of it valuation, at a p/e of 10 or 12, instead of the current 18, given weak demand, and a likely continued drop in package delivery volume in Q2 and Q3. But the view from here argues institutional investors aren't likely to take that stance.

Continue reading Consider tracking the economic recovery with UPS

Consider tracking the economic recovery with UPS originally appeared on BloggingStocks on Tue, 07 Apr 2009 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economic recoveryEconomicRecoveryupsTue, 07 Apr 2009 18:30:00 EST