Hat tip to that blogging genius over at PharmaGossip for turning me on to Michael Moore’s teaser trailer for his still-untitled documentary.
recession
Your Disappearing 401k
If you haven’t seen it yet, the CBS News show 60 minutes aired an episode this evening entitled: Retirement Dreams Disappear With 401(k)s.
This 60 minutes episode couldn’t have come at a better time.
A friend just informed me on Friday that she has multiple 401k plans from previous employers, that she hasn’t rolled-over in an IRA. [...]
Remedy for Economic Contraction
According to today’s Associated Press report:
Federal Reserve Chairman Ben Bernanke told Congress Tuesday the economy is suffering through a “severe contraction” and pledged to use all available tools to lift the country out of the recession that already has cost millions of Americans their jobs.
The AP also reports - To brace the economy, many analysts [...]
Fear-Driven Markets
Wow, a lot of economic fears driving the markets today. Wall Street doesn’t like the uncertainty surrounding the new stimulus package and panic has ensued. The Dow, Nasdaq, and S&P 500 were all down almost five percent at the end of the day.
I don’t think most of us want to see it, but it wouldn’t [...]
Phoenix Rising from the Ashes?
According to an excerpt from the May 2009 National Association of Credit Management, Credit Managers’ Index:
Lately, there has been a great deal of discussion about whether or not there is reason for some optimism regarding the U.S. economy’s recovery. The phrases are showing up everywhere: “green shoots” and “light at the end of the tunnel” [...]