US GDP falls 6.2% in 2008 4th quarter
Gross Domestic Product contracted 6.2% from October to December 2008. Falling exports as the worldÃ...
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Forex News and Rumors – Afternoon Update
BofA May Be Next Bank to Require Emergency Funds Just hours after it was announced that Citigroup ha...
Obama is following Robin Hood’s philosophy!
President Obama is hoping to take from the rich and give to the less fortunate. His new tax plan cou...
Forex News and Rumors
US Economy Shrinks 6.2% For Q4 2008 The US Commerce Department announced that the US economy contrac...
Forex News and Rumors – Afternoon Update
US Durable Goods Falls 5.2% New orders for durable goods including products such as automobiles, mac...
UK Banks to be nationalized-their economy is plummeting out of control!
The UK is finally in disarray, GBP continues to be sold off. The nail in the coffin has come from th...
Forex News and Rumors
Budget Set to More Than Triple US Deficit Early indications are that President Barack Obama’s ...
Depth of Bear Markets Since 1929
Andrew Sullivan recently posted an exceptional chart in his blog “The Daily Dish” that c...
The Bank Nationalization Question
Yesterday, Ben Bernanke assured the Senate Banking Committee that he saw no reason “t...
Forex News and Rumors – Afternoon Update
“Stress Tests” to Gauge Capacity of US Banks US banking regulators are set to begin a se...
Bear Market Rally?
Obama woos Congress last night, already identifying $2 trillion dollars of budget savings. Yesterday...
Forex News and Rumors
Japan’s Exports Fall by Nearly 46% Japan’s exports for January fell 45.7% from the same ...
Forex News and Rumors – Afternoon Update
Recession May End This Year – Bernanke US Federal Reserve Chairman Ben Bernanke told the Senat...
The Great Recession!
World equity markets remain under pressure and indices such as the Dow and the S&P 500 closed a...
Forex News and Rumors
UK Mortgage Lending Plunges 43% in January Mortgage lending levels in the UK for the month of Januar...
Commercial Bank Lending Update
In January, the Federal Reserve released its latest survey on the current state of the U.S. banking ...
Forex News and Rumors – Afternoon Update
NA Stock Markets Take Beating Despite optimism earlier in the day, North American stock markets suff...
The arrogance of US Financials will persist despite being semi nationalized!
Words are cheap, are they falling on deaf ears? To half the US deficit by the end of first term? Is ...
Forex News and Rumors
NA Stock Markets Poised for Positive Open North American stock markets are poised to open in positiv...
Forex News and Rumors – Afternoon Update
Dollar Suffers Biggest Two-Day Loss Since December Traders dumped dollars for euros today pushing th...