Sunday, November 22nd, 2009

Posts Tagged ‘ Global Economies ’

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.



Caterpillar (CAT) Predicts Zero Economic Growth in ‘09, Sheds 20,000 Jobs

Jan 27th, 2009 | By Don Miller | Category: Financial News, Stock Market Investing

Caterpillar Inc., (CAT) predicted zero economic growth worldwide in 2009 and announced it will shed 20,000 jobs over the next few months. The world’s largest maker of construction and mining machines issued its gloomy forecast after a downturn that began in the United States grew into a full-blown global recession, gutting orders for its equipment.