How China became the ‘800-Pound’ Gorilla in the Gold Market
Sep 23rd, 2009 | By Don Miller | Category: Gold MarketWith prices testing their record high of $1,033 an ounce set last year gold has again become the hot topic of conversation.
Posts Tagged ‘ Don Miller ’
Boeing Will Test Dreamliner in 2009 but Delays Delivery, Again
Aug 28th, 2009 | By Don Miller | Category: Stock Market InvestingBoeing Company (NYSE: BA) yesterday (Thursday) announced it would test-fly its 787 Dreamliner later this year but disappointed customers by delaying delivery of the plane until the fourth quarter of 2010.
China Curbs Bank Lending but Vows to Keep Liquidity High
Aug 27th, 2009 | By Don Miller | Category: Emerging MarketsBeijing continued a delicate balancing act yesterday (Wednesday), vowing to keep stoking its economy with funding from its $787 billion stimulus program even as it implements new controls on bank lending.
U.S. Housing Market to Remain Shackled by Unemployment, Foreclosures and Tight Lending For the Rest of This Year
Jul 8th, 2009 | By Don Miller | Category: Financial News, Real Estate Investments
In past downturns, it was a resurgent U.S. housing market that led the American economy out of the recessionary doldrums. But U.S. investors shouldn’t expect history to repeat itself this time around.
GM Bankruptcy Judge Approves Obama Administration’s Exit Plan
Jul 7th, 2009 | By Don Miller | Category: Financial NewsA federal judge handed the Obama administration an important victory in its push to steer the automobile industry back to health Sunday, approving the sale of General Motors Corp.’s (OTC: GMGMQ) most profitable assets to a new government-run company.
Drop in Continuing Unemployment Claims Could Signal Onset of Recovery
Jun 19th, 2009 | By Don Miller | Category: Financial NewsThe economy continued to show signs of recovery from the worst recession in 60 years as the total number of Americans receiving unemployment benefits dropped for the first time since January, the Labor Department reported yesterday (Thursday).
Obama Administration Wants New “Pay Czar” and Shareholder Vote to Reign in Executive Compensation
Jun 11th, 2009 | By Don Miller | Category: Politics & EconomicsThe Obama administration yesterday (Wednesday) continued its assault on highly paid Wall Street executives, announcing plans to appoint a “pay czar” to oversee compensation at financial firms receiving Troubled Asset Relief Program (TARP) funds.
“Hyper-local” Stats Show Housing Market Has Bottomed
Jun 1st, 2009 | By Don Miller | Category: Financial News, Real Estate InvestmentsPerhaps the mishmash of numbers floating around the housing market have you confused. For those who follow the market closely, the daily news seems to bring a never-ending stream of contradictory data.
Collapse of Bond Deal Steers GM Toward ‘Imminent’ Bankruptcy Filing and Majority Government Ownership
May 28th, 2009 | By Don Miller | Category: Financial NewsThe next chapter in the history of General Motors Corp. (NYSE: GM) is likely to be about bankruptcy. And that would leave the U.S. and Canadian governments as company’s majority owners.
Chinese Express Interest in Opel, GM Bankruptcy Still “Not Certain”
May 26th, 2009 | By Don Miller | Category: Financial NewsThe competition to buy General Motors Corp.’s (NYSE: GM) Opel and Vauxhall units heated up last Friday as the three primary suitors were reportedly joined by an unidentified Chinese automaker.