Contrarian Investors' News: Economics/Finance - Upcoming stories

US deficit 'to hit $1 trillion'

cij — Fri, 09 Jan 2009 21:56:53 GMT

The deficit of $1.186 trillion for the fiscal year ending on 30 September would be the largest on record. The projected deficit does not include the extra $800bn spending being planned by US President-elect Barack Obama.

Read more... | Original story | Votes so far: 1 / 0

Boom in Australia goes bust as global slowdown hits

cij — Fri, 09 Jan 2009 21:56:53 GMT

Australia's mining boom is turning into a bust very rapidly. What follows is the Australian economy, according to Professor Steve Keen

Read more... | Original story | Votes so far: 1 / 0

Jobless heading for 1 million as rate cuts won't avert pain

cij — Fri, 09 Jan 2009 21:56:53 GMT

All talk about unemployment rate are all guesstimates. But it is clear that it will rise substantially in the months to come

Read more... | Original story | Votes so far: 1 / 0

Lower Initial Jobless Claims Hide Surging Unemployment

MoneyMorning — Fri, 09 Jan 2009 21:56:53 GMT

Initial claims for unemployment benefits fell by 94,000 last week, the biggest drop in 16 years, the U.S. Labor Department said today (Wednesday). However, the data was almost certainly skewed by a shortened Christmas week, as continuing total jobless rolls surged to their highest levels since 1982.

Read more... | Original story | Votes so far: 1 / 0

Your Individual Retirement Account (IRA): Resolutions for Wealth & Happiness in 2009

InvestmentU — Fri, 09 Jan 2009 21:56:53 GMT

In Issue #908, David Fessler explains a few mechanisms behind getting to your money within any individual retirement account - along with a few ideas for investors to consider.

Read more... | Original story | Votes so far: 1 / 0

Chinese workers leaving cities in droves

cij — Fri, 09 Jan 2009 21:56:53 GMT

The migration flows in China is slowly reversing.

Read more... | Original story | Votes so far: 1 / 0

Unprecedented Volatility Will Continue to Rock the Stock Market in Advance of a Possible Rebound ...

MoneyMorning — Fri, 09 Jan 2009 21:56:53 GMT

Money Morning Investment Director Keith Fitz-Gerald tells investors to invest in strong global trends as he looks for a mid-year rebound in 2009.

Read more... | Original story | Votes so far: 1 / 0

Three “Safe Haven” Sectors For Your 2009 Portfolio

Smart_Profits_Report — Fri, 09 Jan 2009 21:56:53 GMT

Issue #585: Tuesday, December 30, 2008 by Martin Denholm, Managing Editor, Smart Profits Report Last Christmas, my brother bought me a shirt.

Read more... | Original story | Votes so far: 1 / 0

Buy, Sell or Hold: Mine Profits From BHP Billiton

MoneyMorning — Fri, 09 Jan 2009 21:56:53 GMT

Commodity prices have tumbled but BHP Billiton is well positioned to capitalize on a rebound that may come quicker than Wall Street thinks.

Read more... | Original story | Votes so far: 1 / 0

Some Latin American Markets Show Profit Potential in the New Year, While Others Pose Risk

MoneyMorning — Fri, 09 Jan 2009 21:56:53 GMT

The “right” Latin America will thrive in the New Year, fueled by its own growth – with an assist from the continued hot growth from China – while the “wrong” Latin America will get left behind.

Read more... | Original story | Votes so far: 1 / 0