Market Gawk

United States Market and Economy

March 15th, 2008

Ordinary data overshadowed by extraordinary Fed

During a week in which the Federal Reserve may seriously contemplate a full percentage point cut in the overnight interest rate (the largest ever and four times as large as the typical move), how can a simple report on industrial output, or housing starts get any attention at all? Nonetheless, these reports will be key pieces needed to fill in the puzzle of where the economy is heading.

Original post by FeedZilla

March 15th, 2008

With buyers reportedly circling, will Bear Stearns cave?

Bear Stearns has 27 more days to secure its shaky finances, but well before then a bargain-hunting buyer may rescue the troubled Wall Street giant.

Original post by FeedZilla

March 15th, 2008

‘Pop’ goes the financial sector

SEATTLE (MarketWatch) — Financial stocks will fall a lot further and make you handsome profits over the coming six- to 12 months if you’re positioned correctly.

Original post by FeedZilla

March 15th, 2008

Text of President Bush’s weekly radio address (3/15)

Good morning. On Friday, I traveled to New York City to talk about the state of our economy. This is a topic that has been a source of concern for families across America. In the long run, we can be confident that our economy will continue to grow, but in the short run, it is clear that growth has slowed.

Original post by FeedZilla

March 15th, 2008

2008 Dodge Nitro — Big Rig Feel

DAMASCUS, MD (MarketWatch) — People like the Dodge Nitro. They turn their heads, and they watch it go by, with that big semi lookin’ grille up front and the ”Inferno Red” paint job all around.

Original post by FeedZilla

March 15th, 2008

More severe weather threatens Atlanta

Atlanta residents brace for another bout of fierce weather on Saturday, as clean-up crews worked overnight to clear damage from severe thunderstorms and a what may have been a tornado.

Original post by FeedZilla