Archives for September 2009

September 2009 - Page 3 of 10 - Money Morning - Only the News You Can Profit From

The New "Death Panel" for Savers

In their official statement Wednesday, U.S. Federal Reserve policymakers said they “continue to anticipate that economic conditions are likely to warrant exceptionally low levels of the Federal Funds Rate for an extended period.” That means interest rates will remain at artificially low levels for some time to come. And it also means the central bank’s […]

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Housing and Unemployment Reports Show Economy Slowly Recovering

Two bellwether reports on unemployment and housing yesterday (Thursday) gave off signals of a sluggish economic recovery, as the United States struggles to emerge from the worst slowdown since the Great Depression. The reports suggest the economy has finally found some relief. Existing-home sales in the United States fell unexpectedly for the first time in […]

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Investment News Briefs

With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Dollar Skims Year-Low Versus Euro; General Mills Profit Soars 51%; Whistleblower: Moody's Inflated Ratings; Taiwan Index Gaining 30% in 2010?; Mortgage Apps Rose 12.8% Last Week;  Ford Building Small Car […]

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Financial Crisis Gives Chinese Car Companies a Chance to Get Up to Speed

There's no question that the big "winner" in the global financial crisis has been China. While for the past two years developed economies have been scrambling to keep afloat China has taken a nuanced approach to achieving its economic and political goals. China has used depressed commodities prices to stock up on long-term supplies of […]

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It's the Best Investment in North America - and It Isn't the United States

The U.S. stock market has run up magnificently in the last six months. The U.S. economy has begun to recover, but its performance has fallen short of expectations. And with good reason. The United States has a bigger and more-troubled financial sector than most countries. It also has a bigger overhang from the housing bubble, […]

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Fed Says Economy Picks Up But Keeps Lid on Interest Rates

The Federal Reserve Open Market Committee (FOMC) today (Wednesday) said that the economy has improved, but kept the benchmark interest rate target at all-time lows, indicating that it is determined to nurture a budding economic recovery by providing liquidity to the financial sector. Economic activity is "picking up," the Fed statement said. The statement was […]

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How China became the '800-Pound' Gorilla in the Gold Market

With prices testing their record high of $1,033 an ounce set last year gold has again become the hot topic of conversation. But while many analysts are focusing on threat of inflation – which could be a byproduct of the U.S. Federal Reserve's reluctance to withdraw monetary stimulus – investors should really be watching China. […]

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Special Report: How the Government is Setting Us Up for a Second Subprime Crisis

[Editor's Note: Shah Gilani, a retired hedge fund manager and noted expert on the global credit crisis, predicted this developing FHA debacle in a July 2008 Money Morning essay.] Is the government creating another subprime-mortgage bubble? The first time around, the three-headed federal serpent – the Bush administration, the Treasury Department and the U.S. Federal […]

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Investment News Briefs

With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Banks Considering Bailing Out FDIC; Potash Corp. Lowers Guidance; Sources: Ford Building Third China Plant; CIC Nabs 15% Stake in Noble; Sun Losing Money as EU Regulators Deliberate; Singapore Gov't […]

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Asian Economies to 'Lead the Recovery,' Says ADB

Asian economies are recovering faster than previously thought and will lead the charge out of the worst global downturn since the 1930s, according to new forecasts by the Asian Development Bank (ADB) – a Manila-based institution that promotes economic and social progress in the Asia-Pacific region. After slashing its forecast for the region in March, […]

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