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Our future looks so bright...
Private job losses mount in December Wednesday January 7, 10:09 am ET By Burton Frierson NEW YORK (Reuters) - Job losses and plans to lay off workers hammered the struggling U.S. economy in the final month of 2008, according to private reports that foreshadow grim labor market data from...- capmac
- Post #51
- Forum: Wall St. News
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GM Bankruptcy Thread
GM equity may be wiped out: Credit Suisse Monday December 22, 8:25 am ET (Reuters) - General Motors Corp's (NYSE:GM - News) equity may be largely if not entirely wiped out as it complies with the restructuring targets laid out in the federal auto bailout, an analyst at Credit Suisse said... -
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China Faces Mass Social Unrest
Rising unemployment and the economic slowdown could cause massive social turmoil in China, a leading scholar in the Communist Party has said. "The redistribution of wealth through theft and robbery could dramatically increase and menaces to social stability will grow," Zhou Tianyong, a...- capmac
- Thread
- Replies: 14
- Forum: Wall St. News
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The Darkest Storm is About to Descend - You Can't Imagine the Carnage
Home loan troubles break records again Friday December 5, 10:12 am ET By Alan Zibel, AP Real Estate Writer Delinquencies, foreclosures rise to 10 percent of US home loans in third quarter WASHINGTON (AP) -- A record one in 10 American homeowners with a mortgage were either at least a... -
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Our future looks so bright...
It's official: U.S. in a recession since December 2007 Monday December 1, 12:26 pm ET The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy ...- capmac
- Post #50
- Forum: Wall St. News
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The Darkest Storm is About to Descend - You Can't Imagine the Carnage
NorCal median home price plummets 41 percent Real estate data show San Francisco Bay area median home prices plunged 41 percent in October * Alex Veiga, AP Real Estate Writer * Thursday November 20, 2008, 2:58 pm EST LOS ANGELES (AP) -- Despite an increasingly uncertain... -
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Will it be possible to hit 10k in Dow and 2000 in Nasdaq?
Get yer DOW 10k caps on around 2030. -
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Which shitty financial company will go bankrupt next? Part VI
C will be nationalized soon... -
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SPY has broken all support - market crash imminent
The puking is starting to snowball... -
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Buffet Buys GS, Everybody Relieved, Bottom Now Past?
Wonder if Buffet is shaking in his boots... -
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Jim Rogers: Citigroup is a buy at $5
2 dollars away.... Question is: any buyers @ 5 ?- capmac
- Post #136
- Forum: Wall St. News
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Stock Market Looks Set To Really Crash Hard
Stocks fall after report on consumer prices Wednesday November 19, 11:44 am ET By Joe Bel Bruno and Sara Lepro, AP Business Writer Wall Street declines after reports on falling consumer prices, home construction NEW YORK (AP) -- Wall Street sank more than 175 points Wednesday, as... -
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Can you all feel the tension ?
Throwing in the Towel on This Market? by: Roger Nusbaum November 18, 2008 Yesterday's decline felt like the market just gave up, it grew weary of fighting. There's no way to substantiate that of course - it just a feeling I had in seeing it unfold. Early in the day I wrote about a slow...