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Nearly every man who develops an idea works it up to the point where it looks impossible, and then he gets discouraged. That's not the place to become discouraged.
Thomas Edison Categories
Tag Archives: recession
How the new Congress could affect stocks in 2011
Next year will be a year unlike any other for the stock market.
The Republican takeover of the House of Representatives on Tuesday, November 2, means Wall Street will be contending with three situations in 2011 that drive stock prices . . . read more Read More
In Last Quarter of Year, a Focus on What’s Working
NEW YORK (AP) — It’s a question as old as investing itself: will good performance last?
The Dow Jones industrial average and the Standard & Poor’s 500 index are both up more than 5 percent this year, and barring something dramatic will finish in the black. Much of the gains can be attributed to two . . . read more Read More
Americans struggle to regain their shrunken wealth
Americans’ long journey to regain the wealth they lost in the recession is stalled.
Households failed even to run in place during the April-June quarter as sinking stock prices eroded wealth. Stocks have since recovered about two-thirds of those losses. But based on last quarter’s data, household net worth would have to surge 23 percent . . . read more Read More
Buffett, Ballmer predict bright economic future
Some of the biggest names in business said Monday, September 13, that they see a bright future for the economy, with famed investor Warren Buffett declaring the country and world will not fall back into the grips of the recession . . . read more Read More
No Confidence
Note the direction of U.S. economic growth during the past few quarters as identified in the quarterly growth chart—from a solid 5.0% real (after inflation) annual rate late last year, to a still respectable 3.7% pace during the winter, to an anemic 1.6% annual rate in the quarter just ended . . . read more Read More
Family Finance: When frugal is all in the family
Anne-Marie Faiola remembers resenting working in her mom’s garden as a teenager while her friends were out having a good time. But if she wanted spending money, she had to work for it. She also recalls grousing about how she had to pick an economical . . . read more Read More
Understanding deflation and your money
Deflation is the potential new boogeyman for consumers, replacing inflation.
Absent in any significant way since the Great Depression, deflation — a prolonged period of downward-spiraling prices of goods and services — is seen as a possible threat . . . read more Read More
Scarcity of jobs puts more at risk of foreclosure
The jobs crisis is putting more Americans at risk of losing their homes.
One in 10 households has missed at least one mortgage payment, and more than 2 million homes have been repossessed . . . read more “> . . . read more Read More
Jobless claims rise to highest level in 9 months
Employers appear to be laying off workers again as the economic recovery weakens. The number of people applying for unemployment benefits reached the half-million mark last week for the first time since November . . . read more Read More
Fed chief sees long road back to economic health
The nation faces a long road to get back to good economic health, Federal Reserve Chairman Ben Bernanke said Monday, August 2 . . . read more Read More
As spending by wealthy weakens, so does economy
Wealthy Americans aren’t spending so freely anymore. And the rest of us are feeling the squeeze.
The question is whether the rich will cut back so much as to tip the economy back into recession . . . read more Read More
For many, retirement savings may come up short
A third of middle-income workers will likely run out of money after 20 years of retirement and significantly more lower-income workers will deplete their savings after 10 years, according to a new study released Tuesday, July 13. . . . read more Read More
Disincentives … an Update
Our Tea Leaf issue dated January 27, 2010 reviewed a handful of the major disincentives emanating from Washington DC that were currently sending shock waves through American businesses…and very likely to stifle solid levels of U.S. job creation in coming months and years. . . . read more Read More
