PIMCO's Gross: Recession inevitable
Bill Gross, founder of Pimco, says central banks are out of bullets and the political environment does not point towards growth
Saturday, August 20, 2011
Friday, August 19, 2011
Bloomberg: Fed’s Dudley Says U.S. Economic Performance ‘Mixed,’ Banks in Better Shape
Related News: Bloomberg, Economy, U.S., Municipal Bonds
Fed’s Dudley Says U.S. Economic Performance ‘Mixed,’ Banks in Better Shape
By Caroline Salas Gage - Aug 19, 2011 06:42 AM
Federal Reserve Bank of New York President William C. Dudley said U.S. economic performance is “at worst, mixed,” with negative news offset by loosening credit, firmer retail sales and stronger bank balance sheets.
Fed’s Dudley Says U.S. Economic Performance ‘Mixed,’ Banks in Better Shape
By Caroline Salas Gage - Aug 19, 2011 06:42 AM
Federal Reserve Bank of New York President William C. Dudley said U.S. economic performance is “at worst, mixed,” with negative news offset by loosening credit, firmer retail sales and stronger bank balance sheets.
Bloomberg: Growth Forecasts for U.S. Cut at Citigroup, JPMorgan Amid Global Slowdown
Related News: Bloomberg, Economy, U.S., Currencies
Growth Forecasts for U.S. Cut at Citigroup, JPMorgan Amid Global Slowdown
By Scott Hamilton - Aug 19, 2011 04:27 AM
Citigroup Inc. (C) and JPMorgan Chase & Co. (JPM) cut their U.S. growth forecasts as the global economy slows and officials struggle to stem Europe’s sovereign-debt crisis.
Growth Forecasts for U.S. Cut at Citigroup, JPMorgan Amid Global Slowdown
By Scott Hamilton - Aug 19, 2011 04:27 AM
Citigroup Inc. (C) and JPMorgan Chase & Co. (JPM) cut their U.S. growth forecasts as the global economy slows and officials struggle to stem Europe’s sovereign-debt crisis.
Fortune: Will Europe come tumbling down?
Will Europe come tumbling down?
By Shawn Tully, senior editor-at-large August 19, 2011: 5:00 AM ET
The debt crisis that started in Greece now threatens to topple the whole continent -- and kill the weak recovery in the U.S. Inside the race against the clock to fix the euro economy.
By Shawn Tully, senior editor-at-large August 19, 2011: 5:00 AM ET
The debt crisis that started in Greece now threatens to topple the whole continent -- and kill the weak recovery in the U.S. Inside the race against the clock to fix the euro economy.
Thursday, August 18, 2011
2011 Midland Basin Horizontal Activity – Many Target Horizons
http://info.drillinginfo.com/
2011 Midland Basin Horizontal Activity – Many Target Horizons
by Chris Smith on August 17th, 2011
2011 Midland Basin Horizontal Activity – Many Target Horizons
by Chris Smith on August 17th, 2011
CNBC: Risk of Recession Is Still 'Quite Low': Fed's Dudley
Risk of Recession Is Still 'Quite Low': Fed's Dudley
Published: Thursday, 18 Aug 2011 | 11:19 AM ET
By: Reuters
Despite "anemic" U.S. growth so far this year, the risk of a double-dip recession is "quite low, a top Federal Reserve policymaker said on Thursday.
Published: Thursday, 18 Aug 2011 | 11:19 AM ET
By: Reuters
Despite "anemic" U.S. growth so far this year, the risk of a double-dip recession is "quite low, a top Federal Reserve policymaker said on Thursday.
Bloomberg: Mortgage Rates in U.S. Tumble to Lowest in More Than 50 Years
Related News: Bloomberg, Real Estate, U.S., Personal Finance
Mortgage Rates in U.S. Tumble to Lowest in More Than 50 Years
By Prashant Gopal - Aug 18, 2011 08:00 AM
U.S. mortgage rates fell to the lowest in more than half a century as concern that the global economic recovery is faltering spurred demand for bonds that guide home loans, according to Freddie Mac.
Mortgage Rates in U.S. Tumble to Lowest in More Than 50 Years
By Prashant Gopal - Aug 18, 2011 08:00 AM
U.S. mortgage rates fell to the lowest in more than half a century as concern that the global economic recovery is faltering spurred demand for bonds that guide home loans, according to Freddie Mac.
CNBC: Home Sales Fall on Credit, Cancellations, Confidence
Home Sales Fall on Credit, Cancellations, Confidence
Published: Thursday, 18 Aug 2011 | 10:51 AM ET
By: Diana Olick
CNBC Real Estate Reporter
July's existing home sales, which represent contract closings, came in well below expectations of a two to three percent gain, falling 3.5 percent month to month.
Published: Thursday, 18 Aug 2011 | 10:51 AM ET
By: Diana Olick
CNBC Real Estate Reporter
July's existing home sales, which represent contract closings, came in well below expectations of a two to three percent gain, falling 3.5 percent month to month.
CNBC: Home Sales Dropped 3.5 Percent in July, Hit 2011 Low
Home Sales Dropped 3.5 Percent in July, Hit 2011 Low
Published: Thursday, 18 Aug 2011 | 10:11 AM ET
By: Associated Press
The number of people who bought previously occupied homes plunged in July. The third decline in four months suggests the depressed housing market won't help the U.S. economy recover this year.
Published: Thursday, 18 Aug 2011 | 10:11 AM ET
By: Associated Press
The number of people who bought previously occupied homes plunged in July. The third decline in four months suggests the depressed housing market won't help the U.S. economy recover this year.
Bloomberg: Existing Home Sales in U.S. Fell in July
Related News: Economy, Real Estate, U.S.
U.S. Existing Home Sales Unexpectedly Decreased in July
By Alex Kowalski - Aug 18, 2011 06:25 AM
Sales of U.S. previously owned homes unexpectedly dropped in July, reflecting an increase in contract cancellations due to strict lending rules and low appraisals.
U.S. Existing Home Sales Unexpectedly Decreased in July
By Alex Kowalski - Aug 18, 2011 06:25 AM
Sales of U.S. previously owned homes unexpectedly dropped in July, reflecting an increase in contract cancellations due to strict lending rules and low appraisals.
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