Chase…
Bubble Meter: Zillow CEO on housing market
Zillow CEO Spencer Rascoff on housing market.. Link here. Recap: Zillow's data suggests that, while down 29% as a nation, home values haven't bottomed out quite yet: Another 3-5% decrease in values…
The Mafia Is Now "Italy's Largest Bank" | ZeroHedge
The Mafia Is Now "Italy's Largest Bank" Whoever says there are no winners in the European banking crisis apparently has never woken up with a horse's head in their bed. According to a new report by…
The Week in Resignations.. And It's Only Wednesday: Urban Outfitters, WebMD, The White House, Swiss National Bank, and Italy
Out of the markets and into the midst of both earnings and elections seasons, volatility seems here to stay. Here's a quick recap of the most recent turnovers in the headlines the past few days,…
Promising USA Employment Data
US employers added 103,000 jobs in September, a modest burst of hiring after a sluggish summer. Still, job growth remains too weak to lower the unemployment rate, which stayed at 9.1 percent for the…
Occupy Wall St, the start of a new protest era?
(Reuters) - When Paul Friedman met the rag-tag youth camped out near Wall Street to protest inequality in the American economy, he felt he was witnessing the start of a protest movement not seen in…
Fitch cuts Italy, Spain ratings, outlook negative
(Reuters) - Fitch on Friday cut Italy's sovereign credit rating by one notch and Spain's by two, citing a worsening of the euro zone debt crisis and a risk of fiscal slippage in both countries. Fitch…
Businomics Blog: How Are Consumers Able to Keep Spending?
How Are Consumers Able to Keep Spending? Yep, consumers continue not only to spend, but to increase their spending in most months. Here's the latest data: Over the past 12 months, total consumer…
Wall Street ends worst quarter since 2008 meltdown | Reuters
Wall Street ends worst quarter since 2008 meltdown By Edward Krudy NEW YORK | Fri Sep 30, 2011 4:36pm EDT (Reuters) - Stocks ended their worst quarter since the depths of the 2008 credit crisis,…
Pivot Point: Investors Lose Faith in Stocks - WSJ.com
In a historic retreat, investors world-wide during the three months through August pulled some $92 billion out of stock funds in the developed markets, according to data provider EPFR Global—an…