Financial Waves

"I believe the country faces a critical crossroad and that the decisions that are made or not made within the next 10 years or so will have a profound effect on the future of our country, our children and our grandchildren. The problem gets bigger every day, and the tidal wave gets closer every day." - David Walker, comptroller general Aug. 2005

Thursday, May 01, 2008

WSJ: Fed Cuts, Signals a Pause

Bloomberg: Fed Cuts Rates, Ready for a Breather

Crudele: Fed Running Out of Room to Help Economy

Kasriel: Recession is Here, Now

US Foreclosures Spike 112% - No End in Sight...

...No Sign of a Bottom

Americans' Income Gains Eroded by Inflation in March

US Firms Layoff 90,000 in April - 19 month high - Led by Financial Firms

Low Consumer Spending Taking Toll on Economy

Starbucks Earnings Fall 21%
Posted by Alex Mitonidis, BComm, CFP at 2:43 PM
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