Word: recoverers
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See pictures of Germany's efforts to recover from a financial crisis in the 1920s.
But the stock market is not so much a news processor as a leading economic indicator, and today's loss notwithstanding, big investors may be betting on better news around the corner. "If you believe as I do that we'll be coming out of recession by year end, then...
Loose confederacies often come apart under pressure. There are now divisions forming in the European Union based on whether the countries in that alliance should put larger and larger sums of money into the credit and banking markets and their budgets to help slow the recession, or keep stimulus activities...
Despite the public's justifiably poor opinion of many of the actors that inhabit the financial sector, spreading the blame will only hasten the economy's decline. In order for the economy to recover, the market must recover. And in order for the market to recover, America's antipathy toward...
President Obama, in an interview on 60 Minutes, indicated that cooler heads were prevailing. Although he took pains to take AIG and Wall St.'s actions to task, he also suggested that the proposed bill from Congress would use the tax code to penalize a specific subset of people and...