Time

🇺🇸 LA
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🇺🇸 New York
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🇬🇧 London
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🇮🇹 Rome
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🇮🇳 Delhi
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🇨🇳 Beijing
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🇰🇷 Seoul
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Wednesday, November 2, 2011

CNNMoney: Consumers are scared? Really?

The Buzz
Consumers are scared? Really?
By Paul R. La Monica November 2, 2011: 1:17 PM ET


NEW YORK (CNNMoney) -- With all the worries about Europe being on the brink of financial disaster again and increased nervousness about the U.S. economy, you'd think consumers would be cowering in a closet in fear and stuffing their money in the mattress.

CNBC: Next Year Will Get Even Uglier for US Investors

Next Year Will Get Even Uglier for US Investors
Published: Wednesday, 2 Nov 2011 | 12:25 PM ET
By: Robert Holmes
Senior Writer

Individual investors will be up against political gridlock as the economy grows slowly next year, prospects that may damp stock-market gains even if Congress pushes through a trillion-dollar budget cut.

Bloomberg: U.S. Companies Add More-Than-Expected 110,000 Workers in October, ADP Says

U.S. Companies Add More-Than-Expected 110,000 Workers in October, ADP Says
By Shobhana Chandra - 2011.11.02 05:30 AM

Companies added workers in October, easing concern the job market is stagnating in the third year of the U.S. recovery, according to a private report based on payrolls.

Tuesday, November 1, 2011

Bloomberg: Oaktree Seeks $4 Billion for Fund as Distressed-Debt Opportunities Expand

Oaktree Seeks $4 Billion for Fund as Distressed-Debt Opportunities Expand
By Sabrina Willmer - 2011.11.01 05:00 PM

Oaktree Capital Management LP, the distressed-debt firm that was returning money to investors earlier this year, started marketing a new fund to take advantage of weakening economies in the U.S. and Europe.

S&P: Standard & Poor's Soon-To-Be Released Bank Ratings Criteria: Update And Related Rollout Plans

Standard & Poor's Soon-To-Be Released Bank Ratings Criteria: Update And Related Rollout Plans (00:07:57 min)

In this CreditMatters TV segment, Standard & Poor's Managing Directors Jay Dhru and Vandana Sharma discuss our views on the banking sector and how our soon-to-be released updated criteria will offer a robust framework for rating banks. And Managing Director Hans Wright provides an in-depth overview of our rollout plans for the criteria.

Monday, October 31, 2011

SG: Eco Analysis - Canada GDP: Energy sector lifts August growth (R. Narvas)

Eco Analysis - Canada GDP: Energy sector lifts August growth (R. Narvas)

Better than expected

Economic activity in August surprised to the upside rising 0.3%m/m and there was an added bonus with the previous month revised one tick higher to 0.4% m/m. GDP Y/Y rose to 2.4% from 2.3%.

Bloomberg: Gross Says Additional Easing Programs to Push Yields Higher

Gross Says Additional Easing Programs to Push Yields Higher
By Liz Capo McCormick - 2011.10.31 06:28 AM

Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., said the additional easing programs hinted at by Federal Reserve officials will push yields on longer-term Treasuries higher.

CNNMoney: Home prices heading for triple-dip

Home prices heading for triple-dip
By Les Christie October 31, 2011: 5:37 AM ET

NEW YORK (CNNMoney) -- The besieged housing market has even further to fall before home prices really hit rock bottom.

Sunday, October 30, 2011

USA Today: 'Lost Decades' explains what damaged the U.S. economy

'Lost Decades' explains what damaged the U.S. economy
By Jon Rosen, Special for USA TODAY

Though the panic of collapsing markets is now behind us, Americans are experiencing a weak, painful recovery compounded by mounting public and private debt.

USA Today: Why zombies are taking over the economy

Why zombies are taking over the economy

Have you noticed that there's a slow, shuffling feeling of dread and impending doom in this economy?