Last week, we identified the biggest reason why the dollar gained and lost value, this week we outline four additional reasons.
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Tags: Dollar, Federal deficit, International Trade Deficit, Relative economic growth, Stock Market
In one word: policy. What we do determines the value of our currency more than anything else.
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Tags: Direct investment, Dollar's value, Federal Government, Foreign capital, Policy
Yes, it’ll cut the “official” target. But it hardly matters. Very much under the radar, it’s already cut them as low as it dares.
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Tags: Economic crisis, Feds, Interest rate cuts, Stealth rate cuts
Two people asked the same question this week. It’s not an easy one to answer.
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Tags: Deflation, Inflation, Layoffs, Recession, Wall Street, Zimbabwe
President-elect Obama all but promised higher taxes on the rich and letting various Bush tax cuts expire while in campaign mode, but with the recession hitting full stride, he’s backtracked on the timing of any tax hike.
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Tags: Bush tax cuts, Congress, President-elect Obama, Taxes, Unemployment
The financial and airline sectors got a bailout. Defaulting homeowners and other companies are in line. How about GM, Ford and Chrysler?
Tags: Chrysler, Detroit, Ford, GM, Government bailout, Homeowners
October saw the highest jump in the U.S. unemployment rate in 14 years. Now, all eyes are on you for answers as to how your company will be affected.
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Tags: Department of Labor, Downsizing, Job security, Severe recession, Unemployment rate
Before I answer that question, I’d like to hear the official announcement that we’re in a recession.
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Tags: Economic rebound, FedEx, National Bureau of Economic Research, Recession, Recovery, UPS
It’s because banks are caught in a squeeze. They have limited resources and few good options for raising more.
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Tags: Bailout, Balance sheets, Banks, Federal Reserve, Lending practices
Well, evidently the first impact was to add nearly 1,000 points to the Dow Jones.
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Tags: Consumer confidence, Dow jones, Fed, Interest rate cuts
