Topic: Wall Street

Wall Street ends week up, braces for busy trade

Wall Street ended a fairly quiet four-day week with gains as investors expected trade to resume full swing next week with a slew of keenly-watched indicators on the health of the US economy.This week saw trade moving mostly up as investors' confidence ...

Labor Day Memories

After landing on Wall Street in my mid-20s, I was dubbed the black sheep in my family. As late as 1982 the Teamsters and United Auto Workers were powerful unions who commanded premium hourly wage rates for their rank and file. In ...

What Is a Financial Crisis?

In economic terms, a financial crisis is a situation in which widespread assets suddenly lose value. Holland's Tulip Mania of the 17th century, the Australian banking crisis of 1893, and the Wall Street Crash and Great Depression of the 1930s are all ...
Watching economists and media analysts react to breaking economic news is a bit like looking at a flock of pigeons flying over the New York skyline. Today's weak GDP numbers have finally caused the mass of economists to revise downward their formerly ...

We're Not Going to Double Dip

The pessimism is so thick you can cut it with a paper knife. Consider gold's performance when economic conditions were declining sharply in 2008, after Fannie Mae and Freddie Mac had been put into receivership, Lehman Brothers had failed and AIG had ...

All eyes on Fed chief as US economy slows

Federal Reserve chief Ben Bernanke will offer a fresh assessment on Friday of the weakening US economy as the government is expected to slash nearly half of projected growth for the second quarter.With markets haunted by fears the world's largest economy may ...
Being Street Smart Sy Harding Why We May Already Be In Recession! August 27, 2010. First let's look at the trend. After an unusual four straight quarters of negative growth in the severe 2008-2009 recession, the recession ended in the September quarter ...
In Brazil, the country's state-owned development bank, BNDES, has been called "the best bank in the world". Like China, Brazil's government used the public banks to pump money into the Brazilian economy. In 2009, private bank lending grew only 10% while loans ...

Wall Street ends week with sharp drops and gloom

Wall Street ended its weekly trade with sharp losses as fears of a second-dip recession struck traders' hearts after negative data suggested a bleak outlook for the world's biggest economy.Friday's trade locked four days of straight losses fueled by the Federal Reserve's ...
In a very interesting article that appeared recently on Advisor Perspectives, Michael Weiss and Yuliya Tarasava examine the tendency of small capitalization stocks to outperform larger companies in the period when the economy is emerging from recession. Smaller companies tend to be ...