Browsing Tag

Forecasts

UK sure to follow the US into recession

I have been in Europe for a while and am back at blogging after a two-week hiatus. This morning I was listening to "Wake Up To Money," a British finance show that one can hear via podcast. The gist of the discussion was that the UK…

Bank bankruptcy or bailout?

Update: Also see my list of Bankrupt global financial institutions. Recently, the pace of writedowns by major money center banks has increased. UBS announced today it wrote down $19 billion. Deutsche Bank announced today it wrote down $4…

The US Economy 2008

This blog entry is an updated version of something I wrote way back in 2004. I wrote 90% of this 4 years ago when housing prices were much lower. The fact that I can re-publish this today, largely unchanged, demonstrates how the housing…

Recession: How Long and How Deep?

We are already in recession by most accounts as I said on this blog yesterday. But, today I went back and looked at some of the historical employment data to see what the data said about Employment and recessions. What I was able to find…

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