What’s it going to be? Economic recovery is by no means ensured, but there are intriguing investment possibilities out there — if they’re able to emerge.
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Archive for September, 2009With no guarantee of an extension of the $8,000 tax credit, first-time buyers must aim to close before Nov. 30. Here’s how to find a home and buy it quickly.
Sep
24
2009
First Tires, Now Paper: Odds of Trade War "Starting to Inch Up," Ip SaysPosted by: yahootechticker in Yahoo Tech TickerOn the eve of the G20 meeting, three paper companies and the United Steelworkers filed an antidumping complaint against Chinese and Indonesian paper makers. Coming less than two weeks after the U.S. …
Sep
24
2009
A Writer’s Plea: Figure Out How to Preserve Google BooksPosted by: wiredtechbiz in Wired Tech BizLegitimate questions abound about Google Books, involving profit sharing and privacy. A science writer at Wired.com is working on a book about the history of green tech. The saga is buried in the footnotes of the American energy story,a nd without Google Books, it would be hard to write it.
Sep
24
2009
Peter Schiff: U.S. Rally Is Doomed, Gold Will Hit $5000Posted by: yahootechticker in Yahoo Tech TickerUnlike the “legitimate bull markets” of many foreign markets, Peter Schiff believes the U.S. is merely experiencing a “rally in a bear market,” and is lagging the rest of the world “for a reason.”
Sep
24
2009
Bernanke Is Wrong! The Economy Is Getting Worse, Not Better, Schiff SaysPosted by: yahootechticker in Yahoo Tech TickerThe Fed upgraded its view of the economy Wednesday, declaring: “Economic activity has picked up following its severe downturn.”But forget all the talk about recovery, V-shaped or otherwise. The economy is actually worse today vs. during the dept Most investors left the stock for dead in the wake of last year’s US bailout. But speculative traders are swooping over the insurance giant’s remains in search of a quick payoff. With interest rates near their historic lows, it’s tempting to try to secure a rate as quickly as possible, but homebuyers can sometimes pay more by locking in early.
Sep
23
2009
Former Moody’s Exec Blows Whistle on Bad Ratings: Is It a Smoking Gun?Posted by: yahootechticker in Yahoo Tech TickerThe hits just keep on coming for rating agencies, and not in the feel-good, Top-40 kinda way.Earlier this month, U.S. District Judge Shira Scheindlin ruled Moody’s and Standard & Poor’s could not claim first amendment protection because the ratings in Ask almost any Democratic politician the most important economic facts about income distribution in America, and you are almost certain to hear the following three points: (1) incomes have fallen substantially over the past ten years; (2) labor’s share of income has fallen significantly behind the pace of new productivity and innovation; and (3) income distribution has worsened dramatically over the past generation and over the past decade in particular, with people at the top getting a bigger fraction of total personal income. Many Democrats believe that these three points are the… Warmer weather and a lower cost of living may beckon in other parts of the country, but take a look at what your state and local taxes would be before pulling up stakes. The US has more and better medical equipment than any other country. But reliance on technology like MRI scanners is a big reason why costs are so much higher here. The Fed is keeping interest rates near zero to help the economy, but that’s really hurting savers. Many are flooding into bonds for better returns — without taking note of the risks. Here is the text of the FOMC statement released on Wednesday:
Sep
23
2009
Former Moody’s Exec Blows Whistle on Bad Ratings: Is It a Smoking Gun?Posted by: yahootechticker in Yahoo Tech TickerThe hits just keep on coming for rating agencies, and not in the feel-good, Top-40 kinda way.Earlier this month, U.S. District Judge Shira Scheindlin ruled Moody’s and Standard & Poor’s could not claim first amendment protection because the ratings in |