In Week #9 (the WIR dated March 3), the yield on the US 10-year Treasury Note had fallen to just 4.48 pct and bondholders were a very happy lot.
In another sign that the housing market is taking a major tumble, Americans across the country are getting foreclosure notices at a record pace.
The interest rate trend is absolutely key to this equity market. Already we are seeing evidence of Wall Street analysts downgrading the stocks of interest-rate sensitive and debt-laden high-PE (ie, low Earnings Yield) companies. Utilities, real-estate operating companies and REITs come to mind.
Last week, the American giant Whole Foods Market opened its first superstore in London. If it's a success the company plans to open 40 more around Britain. The upmarket food store - which puts the emphasis firmly on organic produce - was immediately mobbed and few would doubt that it is a spectacular shopping experience.
Murray Rothbard's scholarship spanned an enormous range, including philosophy, methodology, economic theory, the history of economic and political thought, economic history, economic policy, law, and contemporary politics.
As a steady stream of bad U.S. economic news accumulates, one wonders when the stock market will finally take notice. After years of highly effective spin coming from Washington and Wall Street, stock investors must re-learn how to recognize bad news, and to stop making lemonade out of every economic lemon that comes their way.
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was enGadget being used as an unwitting accomplice in an Internet stock pump-and-dump scheme. Or would this be a dump-and-pump scheme?
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A parked car bomb ripped through a crowded outdoor market in southwestern Baghdad on Tuesday, killing 25 people despite a 3-month-old security crackdown meant to reduce violence in the capital.
By many tangible measures, the U.S. health care system isn't much to brag about. For example, the World Health Organization reported that in 2000 the U.S. ranked 24th in the world in "healthy life expectancy." "Basically, you die earlier and spend more time disabled if you're an American rather than a member of most other advance
And now that the job-security question has hit home, I wonder: Should I be doing something to prepare for a pink slip that might never arrive in my mailbox? Absolutely.
Immigrants and refugees can receive a leg up through a pre-interview training program supported by Whole Foods Market and a social services group.
Read about why Brazil is becoming a top emerging economy with a strong market. They are making some great improvements and becoming more efficient.
Different investment techniques and conventional theories on trading.
Suspected Islamic insurgents in southern Thailand exploded a bomb at a busy night market and wounded 20 people Monday, police said. Earlier in the day, police found the bodies of two Buddhist villagers, one beheaded, apparently slain by Muslim rebels.
Unfortunately, many of the so-called "protective" government functions that the paleoconservatives assume are legitimate, are actually positive services, and they are as inefficient and deleterious to the United States economy as the more obvious government handouts and pork they oppose with all their might.
Our Congress has yet to pass any legislation is response to the mounting troubles in the housing market. Without intervention, many of our 'American Dreams' may become a foreclosure nightmare.
How do you buy organic? The answer isn't simple anymore, because now that large corporations have co-opted the term, "organic" doesn't mean what it used to.
Europe has eclipsed the US in stock market value for the first time since the first world war in another sign of the slipping of the global dominance of American capital markets.
Wal-Mart has hired Democratic P.R. experts to help improve its reputation on such issues as low wages, miserly benefits, sex discrimination, and union busting.
Consumer confidence dropped more than expected in March, sending the widely watched index to its lowest level since November, as shoppers became anxious about a run-up in gasoline prices and stock market turbulence.
The Working Group on Financial Markets, also know as the Plunge Protection Team, was created by Ronald Reagan to prevent a repeat of the Wall Street meltdown of October 1987. Its members include the Secretary of the Treasury, the Chairman of the Federal Reserve, the Chairman of the SEC and the Chairman of the Commodity Futures Trading Commission. R
The contagion in the global markets is spreading like a brushfire and the shakeup that many of us have anticipated for over a year appears to be unfolding. Whether this is the "Big One" or not is irrelevant; a major downturn in the stock market will expose many of the systemic vulnerabilities in America's "matchstick" economy an
From the article: "A suicide bomber has killed at least 26 people in the commercial centre of the Iraqi capital Baghdad. The attack was near Mutanabbi Street, a busy district lined with book shops and open-air book stalls."
Markets in Asia and Europe fell again Monday, extending their slide into a second week as investors worried about a possible global slowdown dumped stocks that had surged in recent weeks.
It's back! Just as '80s trends like miniskirts and electro music have made a comeback, so has insider trading. Yesterday's arrest of nine individuals and the guilty pleas of four others who were accused of taking part in a massive, five-year scheme that netted more than $15 million in profits, were just the beginning.
Wall Street could not pull itself out of a slump Thursday that began with a 200-point drop in the Dow Jones industrial average. While stocks rebounded from their morning lows, the trading day ended with prices stalled in negative territory.
Dow Jones faced a flurry of lawsuits last night after the business information provider admitted that a computer glitch had misled investors about the value of its benchmark stock index and potentially exacerbated some institutions' losses by millions of dollars.
Federal Reserve Chairman Ben S. Bernanke said financial markets "seem to be working well" after yesterday's global stock rout and the central bank still expects the U.S. economy to pick up steam. "There's a reasonable possibility that we'll see some strengthening of the economy sometime during the middle of the year," Bernanke s









