Q3 GDP Growth Revised Up
Thursday November 29, 2007
Bill Pugliano /Getty Images
The BEA reported that preliminary U.S. GDP growth for Q3 2007 was an astounding 4.9%. This revision was a full percentage ... Read More
Beige Book Reports Slowing Economy
Wednesday November 28, 2007
Federal Reserve
The Federal Reserve reported U.S. economic growth at a slower pace for October/November as released in its Beige Book summary. Specifically, 7 of ... Read More
Will Subprime Mortgage Crisis Capsize Fannie and Freddie?
Sunday November 25, 2007
David McNew /Getty Images
Last August, I wrote that Fannie Mae and Freddie Mac would not be impacted by the Subprime Mortgage Mess. (See Will ... Read More
Superfund to Save the Day?
Wednesday November 21, 2007
Three banks - Citigroup, JPMorgan Chase and Bank of America - have hired Blackrock Investments to run a $75 billion superfund. The superfund has been created to address the 2007 ... Read More
Is U.S. Economy Headed Towards a Depression?
Wednesday November 14, 2007
A reader asks a great question:
I have a relatively simple question. Being a history buff, in particular
American History, I read many comparisons to the current stock market
turmoil and housing slump ... Read More
Private Equity Funding Slowing Down
Monday November 12, 2007
The 2007 Banking Liquidity Crisis has cooled off the fervor of investors for private equity, according to a recent report released by Prequin. The analysts estimated that successful closings of ... Read More
Employment Situation Gradually Worsening
Monday November 5, 2007
Tim Boyle /Getty Images
In October, 166,000 jobs were added to the overall economy, according to the Employment Report, released by the Bureau of Labor ... Read More
GDP Growth 3.9% in Q3 2007
Friday November 2, 2007
Bill Pugliano / Getty Images
The economy grew 3.9% in Q3, close to the 3.8% GDP growth rate for the second quarter. The BEA ... Read More

