January, 2008
Uncategorized - January 2, 2008 23:49
Year starts sour on weak factory data, $100 oil (Reuters)
Year starts sour on weak factory data, $100 oil (Reuters) Reuters – U.S. stocks sank on Wednesday, with the Dow getting off to its worst-ever start to a year, after data showed a surprise contraction in manufacturing and oil surged to $100 a barrel, raising the specter of stagflation. Source: news.yahoo.com
Crude oil hits record $100 for first time
Crude oil hits record $100 for first time By Edmund Conway, Economics Editor Crude oil has hit the $100 milestone for the first time in history, as a host of commodities smashed through record levels. Analysts warned that inflation and high energy prices would remain a key threat on the Source: c.moreover.com
Year starts sour on weak factory data, $100 oil (Reuters)
Year starts sour on weak factory data, $100 oil (Reuters) Reuters – U.S. stocks sank on Wednesday, with the Dow getting off to its worst-ever start to a year, after data showed a surprise contraction in manufacturing and oil surged to $100 a barrel, raising the specter of stagflation. Source: news.yahoo.com
Crude oil hits record $100 for first time
By Edmund Conway, Economics Editor Crude oil has hit the $100 milestone for the first time in history, as a host of commodities smashed through record levels. Analysts warned that inflation and high energy prices would remain a key threat on the Read More…
Mixed housing market reports close 2007, 2008 financial markets prompt concern.
The National Association of Realtors (NAR) announced today that November existing home sales were up .4%, the first such increase in nine months. This is the second positive report from November’s housing market as last week it was reported that foreclosures fell 10% during the month.
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