By Joe Chase of IndexBeating.com
The Treasury has made public several agreements it has made under the Troubled Asset Relief Program (TARP). I posted links to pdf versions of all the agreements on the right side of the page towards the bottom. It (more…)
Categories: Business
Tagged: bail out, bail out package, TARP, troubled asset relief program
I posted a new poll asking “When will unemployment peak?”
There have been tons of layoffs recently, and even more this week. Unemployment will definitely (more…)
Categories: Business · Economics · Investing
Tagged: BLS, employment, stock market, Unemployment
By Joe Chase of IndexBeating.com
Over the past week or so I have had a poll on the sidebar asking readers when the Dow would hit 10,000 again. The results produced a nice bell curve, with the most votes going for what I think is the most likely scenario. Over 30% (more…)
Categories: Economics · Investing
Tagged: DJIA, Dow, Dow Jones, stock market
By Joe Chase of IndexBeating.com
Today the BLS (Bureau of Labor Statistics) came out with weekly earnings statistics, and there was something that caught my eye. Since one year ago the size of the full time workforce in the United States dropped (more…)
Categories: Economics
Tagged: BLS, employment, GDP, inflation, layoffs, Microsoft, MSFT, Unemployment, workforce
By Joe Chase of IndexBeating.com
Chrysler and Fiat just announced that they are partnering up in a non-cash transaction that will give Fiat a 35% stake in the American auto maker, and give Chrysler access to technology and (more…)
Categories: Business · Economics · Investing
Tagged: auto manufacturers, bail out, bail out package, bankruptcy, Big 3, chrysler, detroit, Fiat, ford, GM
By Joe Chase of IndexBeating.com
I think it is safe to say Wall Street was over optimistic at the beginning of 2009, investors recognized the 6-7% run as a potential beginning to a comeback in the overall market. This caused people go get greedy, buying (more…)
Categories: Economics · Investing
Tagged: BUffett, economy, GM, Investing, stock market, trading, wagoner, warren buffett
