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Economic News Articles in the Great Recession — Archive for the week of 03-18-2012

The euro crisis finally moved out of the headlines (almost) for a week. Don’t worry; it’ll be back soon enough … in spite of the sigh of relief by the European Central Bank chief, who said that we have now seen the worst of the euro zone crisis. Famous last words like the claim a […]

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Economic News Articles in the Great Recession — Archive for the week of 03/11/2012

While the stock market rally slowly petered out, other signs of economic revival managed to hold on for another week. Inflation held fairly steady, except for gasoline prices, which escalated rapidly, due to the Iranium Reaction, which caused much talk among presidential candicates, including current U.S. president Barak Obama, about the president needing to move […]

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Economic News Articles in the Great Recession — Archive for the week of 03-04-2012

Last week saw more “signs of economic recovery.” In an upset of Gallop predictions, the U.S. added more jobs. The Greek debt https://www.mindanews.com/buy-imitrex/ crisis was resolved. Consumer confidence improved. U.S. President Obama succeeded in dampening clamor for war. What? Have I suddenly become a flaming optimist? As if all that wasn’t great enough, President Obama proclaimed […]

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Economic News Articles in the Great Recession — Archive for the week of 02-26-2012

The significant news of the week was the rise in oil prices, due mostly to speculation about the Iranian conflict that is brewing in the Persian Gulf. That’s the news, as predicted, that will drive a lot of other news this year. Other economic indicators are all over the place: consumer confidence is up while […]

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Economic News Articles in the Great Recession — Archive for the week of 02-19-2012

The biggest news to hit the economy during the past week was the impact of the Iranian conflict on oil prices. The news today is that the escalating price of oil is beginning to weigh down on the stock market’s rally. At the beginning of the year, I predicted that “an uptick in the Iranium reaction  would […]

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Economic News Articles in the Great Recession — Archive for Week of 02-12-2012

Two major trends for the Great Recession in the Year 2012 can be discovered from the headlines of the past week. One must be sifted out with a little insight. The other hits you between the eyes with all the subtlety of a missile: The first is a clear report from multiple sources that China […]

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Economic News Articles in the Great Recession — Archive for Week of 02-05-2012

All the king’s men re-evaluated their economic predictions during the past week because of the most positive job figures in the U.S. to date. However, even Fed Chairman, Ben Bernanke, cautioned that the job statistics that are collected leave a lot unsaid. I feel the market was overly optimistic. The Europeans went all week without […]

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Economic News Articles in the Great Recession – Archive for Week of 01-29-2012

In predicting for 2012 that the U.S. economy would get worse and that the world would continue to drift deeper into the Great Recession, I also said that the small unemployment improvements that everyone crowed about over the holiday season would unravel as temporary workers were laid off. That did happen for the first couple […]

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Economic News Articles in the Great Recession – Archive for Week of 01-22-2012

It was a big news week with jobless claims following my predictions for the first part of the new year and rising due to layoff of seasonal jobs. Those trying to resolve the euro crisis continued to find no traction for their efforts. The Federal Reserve hinted at a possible third round of quantitative easing, […]

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Economic News Articles – Archive for Week of 01-15-2012

Last week was a slow news week when it comes to the economy. Nothing continued to happen just as nothing has happened for months with respect to any resolution on the euro crisis. Businesses turned in mixed results for the year, but mildly better in some quarters than expected. The Iranium Reaction continued to simmer. […]

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Economic News Articles – Archive for Week of 01-08-2012

The big news of the past week was that Standard and Poor’s followed through on downgrading the credit ratings of several European nations. European leaders responded with indignation as they fortified their delusion that they should be forever above credit downgrades so long as they are “working” on a solution. Beyond the borders of Delusia, […]

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Economic News Articles – Archive for Week of 01-01-2012

  The new year started off mildly as people digested their New Year’s Day meals along with the economic news. People are watching and waiting to see what the year 2012 will bring. For the U.S., signs of thaw appeared in the foreground, but on the European horizon hovers a foreboding storm — a sort […]

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Economic News Articles – Archive for Week of 12-25-2011

The last week of the year ended flat. U.S. stocks, after months of near-record volatility, ended the year about where they began. Jobs, likewise, did not improve all year. A slight jobs uptick fed the market bulls, but it means little, as one should expect a temporary rise due to holiday hiring in the retail […]

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Economic News Articles – Archive for Week of 12-18-2011

To recap last week’s economic news: Concerns over the euro crisis continued to worsen. The BBC laid out a doomsday scenario for the eurozone. China explained why it is not ready to sign on to the euro deal. The U.S. stated no further help would be forthcoming, and credit agency, Fitch, concluded a comprehensive solution […]

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