Archive | March, 2008

Inflation Fears Are Easing

20 Mar

As nerves begin to calm about our financial market’s condition, people are drawn back to Wall Street to look for good stock deals.

http://www.reuters.com/article/businessNews/idUSN1663304120080320?feedType=RSS&feedName=businessNews

Nike Revenues Up 32%!!

19 Mar

Good to see American companies having such stellar corporate results…

http://www.reuters.com/article/businessNews/idUSWNAS551220080319?feedType=RSS&feedName=businessNews

Employment Up In Pennsylvania

19 Mar

Another regional story.  But cudos to those that look for, and announce the positive things that are happening in our economy.

http://www.pittsburghlive.com/x/valleyindependent/news/s_557298.html

General Mills Posts Profits, Expects A Profitable 2008

19 Mar

Today Is A Good Day For The Market

18 Mar

May we have located the bottom of the well for the market, which seems to drive so many of us emotionally?  Good earnings reports for major financial institutions have come out and the market is rebounding.  Compound that with a further rate cut by and expected 1% by the Fed this afternoon, and it could be outright joy for the markets, and just what America needs to hear right now.

http://www.reuters.com/article/businessNews/idUSN1663304120080318?feedType=RSS&feedName=businessNews

Proof That Economic Confidence Exists

16 Mar

If the markets are in such turmoil, then why would the WSJ publish an article encouraging investment in them right now, while stocks are priced attractively?  It’s amazing that we aren’t hearing more about what a deal the stock market is right now.  For sure, you better be investing for the long-term, because we could go lower, much lower.  Or, we could start a trend back up next week.  The WSJ says that until the market feels we’ve hit the bottom of the mortgage crisis, the markets could continue lower.http://online.wsj.com/article/SB120561653758039431.html?mod=money_page_left_hs  

Paulson Affirms Confidence In US Economy

16 Mar

We need more rhetoric like this. Comments that bolster support for our economy and remind us that we’ve been through quite worse times and have come through with shining colors are much needed these days.  We have to remember that our economy waxes and wanes just like everything else, trends in clothing, music etc…  It all comes full circle, takes a breather, and continues on until again, it needs a break.  We must continue to reminder ourselves that this is a long-term evolution of our economy from agrarian, to manufacturing, and now service dominated, and that we need to give it a break from time to time, to let it figure out its next path.http://www.reuters.com/article/businessNews/idUSN1648658420080316?feedType=RSS&feedName=businessNews 

Inflation In Check, Stalls Talk Of “Stagflation”

14 Mar

I suppose the media will have to choke on the stagflation moniker for the economy for a bit.  Inflation remained relatively flat in February, suprising economists.  I don’t know what’s so surprising.  If consumption slows, demand decreases, as do prices.  If demand is high, prices increase (ala gasoline).  But keeping prices low is good if we expect to keep the economy driving forward.

http://www.reuters.com/article/businessNews/idUSN1332191520080314?feedType=RSS&feedName=businessNews

Toyota Expects A Good Year In America, Why Can’t Everyone Else?

13 Mar

The President of Toyota expects demand to be equal to 2007, saying US fundamentals point towards a good economic condition for 2008.  I wonder what media he uses for resources?  My blog? LOL

 http://www.reuters.com/article/businessNews/idUSTKB00299620080313?feedType=nl&feedName=usbusinessearly

Economic Timeline Proves We’ll Make It

11 Mar

CNN put together a very interesting timeline using flash that shows the S & P trend over the past 50 years, bear markets, recessions, and who was in charge of the FED, and the Presidency at the time.  As you can see, we’ve been through many recessions, and bear markets, and have always recovered.  No need to lose sleep yet.

http://money.cnn.com/magazines/fortune/storysupplement/investor_special/2008/index.html