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By John Sullivan, Advisorone |
May 23, 2012
"If housing goes down 20%, I will back up the truck and likely PIMCO will, too," Kiesel says. Shilling predicts "recessionary kinds of things" in the next three to four years.
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By Marlene Y. Satter, AdvisorOne |
May 23, 2012
Germany’s Bundesbank warned Greece on Wednesday that if it failed to carry through with reforms it had previously agreed to, it would jeopardize any further aid funds.
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By Marlene Y. Satter, AdvisorOne |
May 2, 2012
China could be overcoming the challenges imposed by austerity and economic woes in the rest of the world, if manufacturing numbers are any indication.
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By Marlene Y. Satter, AdvisorOne |
April 25, 2012
For the first time since the 1970s, the U.K. is in a double-dip recession. A construction slump added to a fall in GDP in Q1.
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By Joyce Hanson, AdvisorOne |
April 6, 2012
With the U.S. stock market closed for the Easter and Passover holidays, reaction to the Bureau of Labor Statistics’ jobs report was lackluster.
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By Marlene Y. Satter, AdvisorOne |
April 5, 2012
Manufacturing in the U.K. surprised economists by falling 1% in February, when they had expected it to increase by a small margin. To add to the glum news, January’s numbers were adjusted downward as well.
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By Marlene Y. Satter, AdvisorOne |
April 2, 2012
As the euro zone slipped back into recession, employment numbers dropped along with manufacturing, and the ranks of the jobless rose to about 17.13 million.
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By Danielle Andrus, AdvisorOne |
March 27, 2012
According to a report by Accounting Principals, a job placement agency for financial and accounting professionals, smaller markets are proving to provide big opportunities for job hunters.
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By Marlene Y. Satter, AdvisorOne |
March 22, 2012
The purchasing managers' index fell to 48.7 in March from 49.3 in February. Economists surveyed by Dow Jones Newswires had expected a rise to 49.6.
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By Marlene Y. Satter, AdvisorOne |
March 13, 2012
China, which has about 33% of the world’s resources of rare earths, produces at least 90% of the supply available for manufacturing. Chinese Foreign Ministry spokesman Liu Weimin was cited as saying that China’s policy regarding rare earths complies with WTO rules.
