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Fed Survey: Worst Recession Since 1930s Appears to Be Over-

Posted on: September 10th 2009 in Market News.

WASHINGTON (AP) — Economic activity is stabilizing or improving in most of the U.S., according to a new government survey, adding to evidence that the worst recession since the 1930s is over. The Federal Reserve’s snapshot of economic conditions backs predictions by Fed Chair…

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“Everyone Is So Bullish”: Why Peter Boockvar Is Still Bearish on America

Posted on: August 4th 2009 in Market News.

he International Monetary Fund may be predicting a gradual economic recovery for the U.S. but there’s nothing gradual about the way stocks are rallying. The Dow Jones Industrial Average just capped its best monthly gain since 2002 and the S&P 500’s rallied more than 12% s…

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Dow tops 9,000 as home sales rise for 3rd month

Posted on: July 24th 2009 in Press Releases.

NEW YORK (AP) — The Dow Jones industrials rose back above 9,000 for the first time since early January. Investors snapped up a broad range of stocks Thursday, sending major indexes up more than 2 percent, after existing home sales jumped for the third straight month in June. The 3…

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World starting to pull out of recession: IMF

Posted on: July 9th 2009 in Press Releases.

WASHINGTON: The International Monetary Fund on Wednesday projected stronger growth in the global economy in 2010, but said recovery from the worst recession since World War II would be sluggish. The IMF raised its 2010 global growth forecast to 2.5 percent, an improvement of 0.6 point fr…

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