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2009
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January
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- Mini-Madoffs Pop Up Nationwide
- The Bailout Game | Home
- How about this guy´s idea!!!!!!!
- Where Nobel Economists Put Their Money
- Taking the Edge of the Recession
- New "New Deal"
- No title
- Barack´s Bank Bet
- Lets see what Obama's stimulus package does
- Stricter rules seen for hedge funds, credit raters...
- Money makeover: Investing opposites - Jan. 22, 2009
- Apple Bests Downturn, But Faces SEC Probe - WSJ.com
- Welcome Class
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January
(13)
1 comment:
The GDP that will be released on Friday could make the market move...if I only knew which way?
"Perhaps the most important economic indicator though is the Commerce Department's first report on fourth-quarter gross domestic product on Friday. Many analysts believe the GDP, the nation's total output of goods and services, plunged at an annual rate of 6 percent in the quarter, after dropping 0.5 percent in the third quarter.
While investors' expectations for economic reports are already very low, the GDP report could spook the market, King said.
"The GDP number is going to be pretty shocking," he said. "I don't know if the average person is prepared for (that big of) a retrenchment in GDP. It may have some effect on the market in the short term."
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