Tag: renewed

Bonds Up, Stocks Down on Renewed Economic Fears

Bonds Up, Stocks Down on Renewed Economic Fears

Filed under: Market Matters , Economic Data , Federal Reserve , Currency A new fear gripped the market Friday. Originally, gross domestic product — the broadest measure of economic activity — was reported to have grown 2.4% in the second quarter. Now, many are expecting the Department of Commerce will revise this figure down next week. According to a Bloomberg survey , revised GDP will have lost one point to a more anemic 1.4% growth. The expectation of the lower GDP caused an accelerated rush to buy Treasuries. On the futures market , the 30 year bond was up 15 ticks to 134-26 . The Dow Jones Industrial average continued its decline, falling yet another 90 points in early morning trade. Continue reading Bonds Up, Stocks Down on Renewed Economic Fears Bonds Up, Stocks Down on Renewed Economic Fears originally appeared on BloggingStocks on Fri, 20 Aug 2010 10:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

Continue Reading »

American Consumers Face End of Era of Cheap Credit

Filed in Debt, economy, Gold Bullion prices, inflation, pimco, recession by on April 10, 2010 0 Comments

Even as prospects for the American economy brighten, consumers are about to face a new financial burden: a sustained period of rising interest rates. That, economists say, is the inevitable outcome of the nation’s ballooning debt and the renewed prospect of inflation as the economy recovers from the depths of the recent recession. The shift is sure to come as a shock to consumers whose spending habits were shaped by a historic 30-year decline in the cost of borrowing. “Americans have assumed the roller coaster goes one way,” said Bill Gross, whose investment firm, Pimco, has taken part in a… Original Article: Forum: News/Activism

Continue Reading »

Freight trains make big comeback in nation’s transportation network

Filed in Gold, Gold Bullion prices by on January 6, 2010 0 Comments

Warren Buffett's recent purchase of Burlington Northern Santa Fe shows the renewed importance of railroads in the global supply chain ___ More than 4,000 miles of train tracks stretch through California, winding up the blustery Cajon Pass and snaking through the desert surrounding Barstow. Those tracks could be seeing a lot more traffic in the next few years as trains loaded with Chinese-made toys, electronics and clothing roll eastward, connecting West Coast ports with cities across the U.S. Warren Buffett is a believer. In November, the world's second-richest man paid $34 billion for railroad giant Burlington Northern Santa Fe Corp.,… Original Article: Forum: News/Activism

Continue Reading »