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Finance & Economics: Comment & Analysis
http://econocoments.blogspot.com/
Finance & Economics: Comment & Analysis
Stagflation is an economic illness wherein inflation combined with stagnation locks a society into slow-to-negative economic growth and rising unemployment, invariably including recession.
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Financial Commentshttp://finacomments.blogspot.com/...
Real estate sales up, prices soar
The real estate market is quickly turning hot. On Monday, for instance, a land parcel along Beijing's Guangqu Road was auctioned off for more than 4 billion yuan ($585 million) after fierce bidding among major developers from the mainland and Hong Ko...
Jobs data dash recovery hopes
Stock markets on both sides of the Atlantic tumbled on Thursday as investors took fright at a bigger-than-expected fall in US jobs last month that dashed hopes the recession was all but over in the world’s biggest economy. The data showed that the ...
The coming recovery
It could take a while, but Main Street will bounce back.John Rich, a country-music star, sings an angry song about the recession. “While they’re living it up on Wall Street in that New York City town/Here in the real world they’re shuttin’ De...
JPMorgan Will Raise $5 Billion in Equity to Repay TARP in June
JPMorgan Chase & Co., the second- largest U.S. bank by deposits, said it will sell $5 billion of stock to comply with a government requirement to repay its $25 billion capital infusion. The New York-based bank, which hasn’t yet been granted app...
GM bankruptcy: End of an era
After years of losses, the troubled automaker is forced into bankruptcy. GM is set to close a dozen facilities and cut more than 20,000 jobs. General Motors filed for bankruptcy protection early Monday, a move once viewed as unthinkable that became ...
