All Posts Tagged With: "Recession History"
US Inflation Rate Surges
US consumer price inflation rose at its fastest rate since November 2007 as oil and energy costs continue to soar.
The US Labor Department said prices increased by 0.6% in May, a higher increase than forecast.
John Mauldin examines the causes of inflation in in Outside the Box…
BusinessWeek: 95% Chance of US Recession
There is a 95% chance that the US economy will enter a recession, according to a report in BusinessWeek magazine.
Jennifer Yousfi in Money Morning gives some background and examines strategies for recession proof investing:
U.S. Federal Reserve policymakers cut the benchmark interest rate by less-than-expected three-quarters of a percentage point at their last meeting, a move that was designed to energize a badly flagging economy without causing inflation to spike or exacerbating the greenback’s decline.
Latest News
- Resource Stock Roundup Wednesday August 27, 20084:24pm CDT
- Base Metals Plummet, Weakness in Europe Suggests Recession is Spreading2:58pm CDT
- Dollar Strengthens, Weak German Data Send Euro Lower2:47pm CDT
- Crude Rises, threat of Hurricane Gustav to Gulf Facilities Drives Market2:41pm CDT
- Gold Erases Big Early Losses, Posts Small Gain2:20pm CDT
- Fed Signals Rate Hike for Next Move, But Timing Uncertain12:24pm CDT
- 2 ETFs and 4 Mining Stocks to Profit from $1,500 Gold11:34am CDT
- Byron King Says Commodities in a Short-Term Correction9:55am CDT
- Global Investing Roundups Wednesday, August 27th, 20089:53am CDT
- Crude Oil Up to $117 on Hurricane Fears7:44am CDT
- FDIC May Borrow Money from Treasury to Cover Bank Failures7:17am CDT
- Buy Fannie and Freddie Debt Now at Record Yield Spreads7:09am CDT
- 117 U.S. Banks In Trouble Says Fed6:36am CDT
- Real Inflation of 13.6% and Failing Euro Mean Gold Will Soar6:07am CDT
- Resource Stock Roundup Tuesday August 26, 20087:46pm CDT
- Base Metals Mixed, BHP, Rio to Trade Numbers as They Jockey for Position7:39pm CDT
- Oil Slightly Higher, Traders on Gustav Watch7:31pm CDT
- Dollar Strengthens a Little, Headline Home Sales Look Good7:26pm CDT
- Precious Metals Little Changed, LME Holiday Makes for Thin Trading7:03pm CDT