Posts Tagged ‘
US consumers ’
Dec 4th, 2008 |
By Jason Simpkins |
Category: Politics & Economics
Consumer credit could be the next “aftershock” of this financial crisis, says Jason Simpkins. Banks have suffered big losses on mortgages, and are now looking to reduce their exposure to credit card debt. This could be the death knell for the American consumer, and deepen the US recession in 2009.
Tags: ADP, BAC, Citigroup, Consumer Credit, Credit Card Debt, credit crisis, DFS, financial aftershock, GS, Jason Simpkins, JPM, OPY, US banking crisis, US consumers, US dollar, WB, William Patalon III
Posted in Politics & Economics |
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Dec 3rd, 2008 |
By Andrew Gordon |
Category: Top Story
The government is banking on the American consumer to rescue the economy. But debt-ridden households have had enough, says Andrew Gordon. He says the government’s massive bailout are benefiting very few in the short-term. But the long-term consequences will be felt by all.
Tags: Andrew Gordon, Banking Crisis, Ben Bernanke, Budget Deficit, Credit Cards, credit crisis, deflation, Global Downturn, government bailout, Hank Paulson, US Banking, US consumers, US debt, US dollar, US housing crisis, US inflation, US recession, us treasury
Posted in Top Story |
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Dec 2nd, 2008 |
By Rick Pendergraft |
Category: Politics & Economics
Rick Pendergraft says you shouldn’t underestimate the lift that tumbling gas prices can give consumers in 2009. Compared to the $4 a gallon peak in July, drivers will save $162 billion a year at today’s prices. Add that to a boost in confidence from the Presidential changeover, and Rick says a slow recovery could be on the horizon.
Tags: credit crisis, Crude Oil Prices, Fuel Prices, gas prices, President Obama, Rick Pendergraft, US consumers, US recession
Posted in Politics & Economics |
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Jun 16th, 2008 |
By Jennifer Yousfi |
Category: Real Estate Investments
There’s more bad news ahead for the U.S. economy as home foreclosures continue to rise. One out of every 483 U.S. households is at some stage of the foreclosure process, and with that many displaced or struggling homeowners, the economic recovery may well take longer than expected.
Tags: Food Prices, Foreclosure Market, gas prices, home foreclosures, LEH, Lehman Brothers, real estate, US consumers, US economy
Posted in Real Estate Investments |
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May 19th, 2008 |
By Peter D. Schiff |
Category: Emerging Markets
As China grapples with the consequences of its devastating earthquake, it finally also has begun to confront the destabilizing forces that are bubbling up from beneath its economic landscape.
Tags: , Chinese Consumers, Emerging Markets, Export Markets, inflation, Price Increases, underconsumption, US consumers
Posted in Emerging Markets |
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May 6th, 2008 |
By Dan Denning |
Category: Politics & Economics
Are you getting dizzy yet trying to keep track of all the takeover activity in the Aussie market? From the big fish to the little fish, all of fishes in Australia’s resource ocean are on the Chinese menu.
Tags: Australian stock market, Baosteel, BHP, Bhp Billiton, china, FMG, Fortescue Metals Group, FRS, GBG, Iron Ore, mining, Oil Prices, Opec, penny Stock, PSP, RIO, Rio Tinto, SFR, US consumers, US politics
Posted in Politics & Economics |
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