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Dollar Performance During Different U.S. Presidencies
September 25, 2008
This is the fourth in a series of five examinations of comparative performances for key U.S. economic indicators during the nine presidencies since John Kennedy. Equity prices were the focus on Monday, consumer prices were studied on Tuesday, and employment growth was dissected on Wednesday. The euro did not exist in 1961. The yen was […] More
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More Signs of Economic Weakness
September 25, 2008
Data released today underscored the global fallout from what began as a U.S. sub-prime mortgage debt problem. All continents are feeling the pain. In Australia, new home sales fell 1.3% in August, including a 2.4% drop in detached private homes, and by 8.4% between June and August. Japanese export growth imploded to a 12-month gain […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Awaiting Approval of Historic $700 Billion Rescue Plan
September 25, 2008
President Bush to meet today with McCain, Obama, and key members of Congress to hammer out a deal. Most issues said to be resolved. Bush told nation that no deal would risk a long and painful recession and says markets currently not working. Obama and McCain released a joint statement admitting deal is flawed in […] More
