recession

I am here on my computer in anticipation of the morning market sessions in Asian trading. Certainly, this will set the tone for an important week. While I was looking for more news on the GSEs, I was reminded of the slowing economies…

Spain pulled a potential sale for 15-year bonds as the appetite for the issue just wasn't there. Before the Euro, some in the European debt capital markets, where I worked, pejoratively called Portugal, Italy, Greece, and Spain, the PIGS.…

Inflation is a concern for everyone, especially for those living on fixed incomes. With the cost of basic necessities like food and oil rising day-to-day, many people with limited incomes wonder how they are going to afford to put food on…

For those of you who care at all about what's going on in the world outside of your own country, there are a lot of countries in the throes of economic havoc. So, don't feel alone; you have plenty of company - South Africa included.Housing…

This morning I was in my usual routine, listening to 'Wake Up To Money," and the first guest came on the show from the British Chambers of Commerce. He was alarmed at the sudden slowdown in the UK. Consumer confidence is down ad shoppers…

The FT reports:The eurozone economy has shown fresh signs of spluttering, with German industrial production dropping unexpectedly sharply in May - the strongest monthly fall since August 1997.-FT, 7 Jul 2008This is the latest sign in a…

Recession worries at the heart of Europe deepened as it was revealed that factory orders in Germany declined unexpectedly for the sixth straight month. With inflation and interest rates rising, it seems rather unlikely that Germany can…

Ontario's economy shrank last quarter with GDP adjusted for inflation declining by 0.3%. With the largest economy in Canada in tatters, the mining boom in Alberta and BC is ever more important.From the Globe & Mail:Ontario's economic…

According to the Wall Street Journal, Denmark has slipped into recession because of falling house prices. Denmark saw a fairly head rise in house prices during the bubble (58% appreciation from 1997-2005). Since that time, house prices…

Bear markets are not an orgy of pain with indices going straight down. Along the way, there are always brief rallies which bring optimism that the worst is over.