Investing Strategies
« Previous EntriesOil prices fluctuate wildly as Gustav nears
Thursday, August 28th, 2008Oil prices rose sharply and then retreated Thursday as the industry braced for a potentially devastating blow to production as Tropical Storm Gustav swirls in the Gulf of Mexico.
Bonds fall on strong GDP
Thursday, August 28th, 2008U.S. treasury bond prices fell Thursday after a revised reading on second-quarter GDP showed a better-than-expected jump and the government prepared to auction off $22 billion of 5-year notes.
Katrina survivors mired in taxes and red tape
Thursday, August 28th, 2008The dunking booth is always the most popular attraction at the Broadmoor Fest, a neighborhood carnival held every year since Hurricane Katrina to celebrate the survival of one of the Crescent City’s low-lying, flood-ravaged districts. At recent fairs FEMA officials were favorite targets in the booth; this year, though, everyone was waiting in line to soak a city tax assessor.
Stocks gain on GDP
Thursday, August 28th, 2008Stocks gains accelerated Thursday morning, as a surprisingly strong reading on second-quarter economic growth took the edge off recession fears and oil prices backed off morning highs.
Sick of the ‘R’ word
Thursday, August 28th, 2008Are we in a recession or not? And if we are, when did it begin? I don’t know about you, but I’m tired of the recession debate. Does it really matter if this current economic period ever (or never) gets labeled a recession?