Every morning I wake up to
more bad economic news — increasing concern that we're entering a recession, the credit crunch, and increases in energy prices.
Before he opened his remarks, President Obama took a moment to address the new raft
of bad economic news of the past few days — including job cuts at Microsoft, The Home Depot, and Sprint / Nextel.
In more
bad economic news for upstate, the once - largest industrial employer north of Syracuse, Alcoa, announced it would idle one Massena smelting plant and permanently close another, causing the loss of close to 500 jobs.
Sometimes this occurs
when bad economic news is released, but investors don't think the news is as bad as expected, so option premiums plummet (which causes the VIX to decrease).
A combination of
bad economic news from Germany, hawkish comments from key Federal Reserve committee members that appeared to contravene Janet Yellen's doctrine, and the continued bullish endeavours of the markets ensured that the dollar started this week in a very similar position to last, as demonstrated by the chart (from IG's global forex trading system) that shows AUD, GBP and EUR retracing gains made on Wednesday October 8 by Sunday 12..
Ken Pokalsky, a vice president of the Business Council of New York State, linked recent
bad economic news in upstate with Cuomo's current push.
But considering the month was full of
bad economic news stories — from lower home prices and decreased manufacturing activity to low consumer confidence — a Main Street economy that is avoiding a steep decline is the real light in our recovery tunnel, and likely one of the reasons more business owners are feeling optimistic.
And they've allowed Mr. Obama to avoid talking about the
continually bad economic news — the lousy June jobs numbers, last Friday's drop in consumer confidence, Tuesday's drop in retail sales and more.
Bad economic news puts pressure on the Fed to deploy the QE2 which will raise the price of hard assets and drive interest rates lower.
But the market's sell - off would appear to be a good illustration of the phenomenon: The major reason given for the sell - off was
not bad economic news but the mere fact that overseas stocks markets fell.
But it also could be that the recent upsurge in prices is the eye of the hurricane, and continued foreclosures combined with
other bad economic news could push home values down yet again.
To simplify it;
Bad Economic News out of the USA and also Canada tends to precipitate lower interest rates.
You can instill confidence in customers who are being besieged with
persistently bad economic news by offering something of value each time they enter your store.
ALBANY — More
bad economic news for New York: The state pension fund lost 8.9 % of its value over the past three months.
Which leaves the Conservatives with little ammunition to defend themselves
when bad economic news — like the loss of nearly 46,000 jobs in December — presents itself.
More bad economic news for upstate: WYNIT Distribution, which has been in the Syracuse area since its founding in 1987, plans to move its headquarters and 68 jobs to Greenville, S.C., next year.
The wave
of bad economic news is eroding confidence and buying power, driving consumers to adjust their behavior in fundamental and perhaps permanent ways.
As the end of the year approaches, and
the bad economic news shows no signs of slowing, many business owners find themselves in a similar predicament.
Some bad economic news this morning: New home sales rose slightly in April, but median housing prices fell sharply, as did the number of new unemployment claims, according to the Wall Street Journal.
Currency volatility and
bad economic news are other factors contributing to bearish calls on Malaysia.
With all
the bad economic news that's dominated the headlines in the past few weeks it's actually quite refreshing to see something different, so we should be pleased the Liam Fox scandal is all over the front pages this morning.
Over the course of the past year, it seems like all we have heard is
bad economic news.
Just in time for Christmas, General Motors made an announcement that simply stunned Americans who had grown numb to a more than year - long dose of
bad economic news: That G.M. was poised to lay off 74,000 workers by 1995, its profits and market share in a state of free fall, even as its product, the cars and trucks that roll off the assembly line, may be the best ever.
Looking for a silver lining to
the bad economic news?
Unfortunately, I still think this rally can be a head - fake because
the bad economic news continues to pour onto the news on a daily basis.
Interest rates can be relatively stable for extended periods, or they can rise quickly in response to
bad economic news or world events that destabilize the financial environment.
Because the prices of most growth stocks are based on future expectations, these stocks tend to be more sensitive than value stocks to
bad economic news and negative earnings surprises.
Bad economic news or changing investor perceptions may adversely affect growth stocks across several sectors and industries simultaneously.
He's given away work in 20 U.S. cities and 20 different countries — usually near where there's been
bad economic news, maybe an unemployment office, or a company that's had layoffs.