Newsweek Cover: The Recession Is Over

ByGreg Feirman July 30, 2009 Reading Time: 1 minute

newsweek-the-recession-is-over-cover

And here’s Obama commenting on the cover at a Town Hall meeting in Raleigh, NC Wednesday morning:

Overseas Markets Crash, Fed Cuts 75, Markets Gap Down At The Open And Reverse
January 22, 2008 Reading Time: 3 minutes

Markets sold off badly overseas on Monday as investors feared the effects of a US recession on the rest of the world (Overseas Selloff Graphic). As a consequence, US futures markets were in panic mode yesterday ahead of today’s opening. With…

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DIS And The Bifurcated Market Thesis
November 9, 2023 Reading Time: 3 minutes

I have written a lot about how the Magnificent 7 are holding up the market cap weighted indexes while beneath the surface many smaller stocks have broken down (“The Market Is About To Break”, October 3). My point has been…

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Dreams Of A Rate Cut???? – Flat Core PPI Fuels Rally
May 11, 2007 Reading Time: 2 minutes

“On the inflation front, the trend appears to be down, instead of holding steady, for the first time. We can live with the economic weakness [implied by the retail sales numbers] if we’re getting inflation under control.” – Marc Pado,…

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AIG Report Brings Back Bad Memories
February 29, 2008 Reading Time: 1 minute

AIG’s (AIG) fourth quarter earnings report after the close yesterday, in which they announced $11 billion in writedowns on exposure to credit default swaps it wrote and $2.6 billion in writedowns on mortgage backed securities it holds, brought back some…

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Looking Under The Hood Of The AIG Bailout
March 16, 2009 Reading Time: 7 minutes

Yesterday, amidst massive political and public opinion pressure, AIG revealed the counterparties they had paid out money to since receiving bailout money from the US government (AIG Press Release). The payouts are as follows: $22.4 billion for collateral postings under…

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DIS Bites The Dust, Inflation Is Out Of Control
November 10, 2021 Reading Time: 4 minutes

Stocks had their worst day in recent memory Wednesday with the S&P -0.82%, the NASDAQ -1.66% and the Russell -1.55%. The red ink may not let up tomorrow as Disney (DIS) – another one of the 25 most important stocks…

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