August 2008
5 posts
“It’s fine to tell people about hope and change, but you have to have plenty of...”
– Allies Ask Obama to Make ‘Hope’ More Specific - NYTimes.com
“Perhaps the biggest factor behind the recent 18% drop in the price of a barrel...”
– Lower oil prices: a mixed blessing - Aug. 4, 2008
“The first wave of Americans to default on their home mortgages appears to be...”
– Housing Lenders Fear Bigger Wave of Loan Defaults - NYTimes.com
“Cheap oil, the lubricant of quick, inexpensive transportation links across the...”
– Shipping Costs Start to Crimp Globalization - NYTimes.com
“Macro investors are torn between two views: We’re in something like the...”
– Bloomberg.com: Exclusive
July 2008
33 posts
“But if the newfound caution of American banks is prudent in the long run, the...”
– Worried Banks Sharply Reduce Business Loans - NYTimes.com
“Oil prices fell harder than they have in 17 years Tuesday, as fears that record...”
– Oil prices plummet over $6 amid economic fears: Financial News - Yahoo! Finance
“Q: How can I make sure my money is safe? A: All deposit accounts worth $100,000...”
– What if my bank fails? Some questions and answers
“Second, the housing bubble was immense; see the figure above, taken from the...”
– Fannie, Freddie, Sweden, Japan - Paul Krugman - Op-Ed Columnist - New York Times Blog
“FHA loans are bundled into mortgage-backed securities by the Government National...”
– Bloomberg.com: Opinion
“All over the word, slowly but surely, the state is becoming exposed to the debts...”
– Grasping Reality with Both Hands: The Semi-Daily Journal Economist Brad DeLong
“U.S. banking regulators swooped in to seize mortgage lender IndyMac Bancorp Inc...”
– IndyMac seized as financial troubles spread - Yahoo! News
“To put that in perspective, had you invested $10,000 on inauguration day in an...”
– Better than Hoover a mattress
“Even in a world of six-figure salaries, bankers report an atmosphere of...”
– Bloomberg.com: Exclusive
“Congress ought to be embarrassed” for years of delays in passing...”
– Bloomberg.com: Worldwide
“A government takeover of one or both companies is among several options that...”
– Bloomberg.com: Worldwide
“Rice tied the first round of the Iranian missile tests to U.S. plans for a...”
– Rice says US won’t back down; Iran fires back
“The major issue is that these are very leveraged financial institutions,...”
– The Fannie and Freddie doomsday scenario - Jul. 9, 2008
“The foreclosure problem is getting worse and will stay with us well into the...”
– Bloomberg.com: Economy
“The mission concurred with the authorities on the need to tighten monetary...”
– IMF Concludes Staff Visit To Costa Rica
“The plan, approved by a vote of 69 to 28, marked one of Mr. Bush’s most hard-won...”
– Senate Backs Wiretap Bill to Shield Phone Companies - NYTimes.com
“What is sure is that the consequences for the real (economy) sector of the...”
– IMF gloomy on growth, warns on inflation - Yahoo! News
“China’s economy will overtake that of the United States by 2035 and be...”
– China’s economy to become world’s biggest in 2035: study - Yahoo! News
“The Federal Reserve reported Tuesday that consumer credit increased at an annual...”
– Ka-ching! Consumers borrow mostly on credit cards - Yahoo! News
“After the dot-com crash investors began looking everywhere for uncorrelated...”
– Paul Kedrosky: The Swensification of Commodities, etc.
“Freddie Mac fell 18 percent and Fannie Mae dropped 16 percent after Lehman...”
– Bloomberg.com: Worldwide
“This is an example, not a prediction: Suppose we have a further upward spike in...”
– Ex-Fed president: U.S. must fight inflation
“Our economy is not growing as robustly as we’d like,” Bush told...”
– Bush says backs strong US dollar policy - Forbes.com
“Ballou, 56, was a U.S. Army colonel at Walter Reed Army Institute of Research in...”
– Bloomberg.com: Science
“Beyond the obvious, that drugs and alcohol sucked his vitality and damaged his...”
– Movie review: ‘Gonzo’
“While the dollar may remain somewhat vulnerable against the euro in the near...”
– Bloomberg.com: Invest
“They have been thrown to the wolves,” said Stuart Thomson, who helps...”
– Bloomberg.com: Economy
“In the last 35 years, there have been four floods in the Mississippi River basin...”
– Midwest floods show signs of global warming | U.S. | Reuters
“With job losses growing and working hours shrinking, many paychecks are eroding,...”
– Deepening Cycle of Job Loss Seen Lasting Into ’09 - NYTimes.com
“The market went from wide open to the spigot getting turned off,” Gibson...”
– Bloomberg.com: Exclusive
“Mullen, the chairman of the Joint Chiefs of Staff, told reporters today that...”
– Bloomberg.com: Worldwide
Toyota, however, had been expected to fare better because it has a lineup more tilted toward small fuel-efficient cars and crossover vehicles. But it didn’t. Toyota said today its car sales dropped 9.4 percent for the month, while its truck sales slipped 38.9 percent. For the first half of the year, Toyota sales were down 6.8 percent.
“The BIS said that in the early part of this decade, central banks had failed to...”
– Central Bankers Warn of ‘Tipping Point’ - WSJ.com
June 2008
55 posts
“Corn fell the maximum permitted by the Chicago Board of Trade and wheat dropped...”
– Bloomberg.com: Worldwide
“My fellow Americans: We are a country in debt and in decline — not terminal, not...”
– Anxious in America - Op-Ed - NYTimes.com
“Foreign investors in U.S. dollar assets have seen big losses measured in...”
– Bloomberg.com: Worldwide
“You’ve inherited an asset-based economy whose well has been pumped nearly...”
– Pimco’s Gross says another stimulus jolt needed - Yahoo! News
“If you haven’t been having a great time in the market since last spring,...”
– Guru Returns Show Just How Tough the Going Has Been Lately
“If you haven’t been having a great time in the market since last spring,...”
– Guru Returns Show Just How Tough the Going Has Been Lately
“Now the price chart for oil (red) is looking eerily familiar. Ignore the fact...”
– Oil: If It Looks Like a Bubble… - Seeking Alpha
“Nearly nine in 10 of those surveyed by the Associated Press in a poll released...”
– Real Time Economics : Americans See Education Benefits, but Don’t Realize U.S. Falling Behind
“Don’t think we’ll go back to business as usual.” The global...”
– This time it’s (sort of) different (maybe) in the global market / Pimco leader says investing conditions changing forever
“A second information-security expert independently corroborated Bennett’s...”
– National Journal Magazine - China’s Cyber-Militia
“Surging gas prices, high food prices, disappearing jobs, declining home values,...”
– Consumers descend further into economic funk - MarketWatch
“With oil prices bursting through the $140 threshold and seemingly unstoppable,...”
– U.S. stocks fall further as oil tops $142 - MarketWatch