GGN- Economic News :: September 4, 2010
- Length: 15:0
- Views: 231
- Author: ddarko2012
Please Donate!!! Any help you can provide via a Paypal donation will be greatly appreciated. Thank you and God bless, DDarko2012 www.ggnonline.com (Reuters) - US Treasuries prices fell for a third straight day on Friday as data on the US labor market alleviated fears the world's largest economy may be headed for a double-dip recession. - This Labor Day weekend, the jobs outlook appears about as inviting as leftover potato salad. But President Obama found encouragement Friday in the jobs report for August. Despite an uptick in the unemployment rate to 9.6 percent and an overall loss of 54000 jobs (goodbye, census workers), the private sector actually created 67000 jobs last month. That's considerably more than economists expected, and the eighth month of private-sector increases. - (CNBC) Even if the US and European economies manage to avoid a double dip, it will still feel like a recession, while more than half of the 800-plus US banks on the "critical list" are likely to go bust, according to renowned economist Nouriel Roubini of Roubini Global Economics. HEADLINES Obama says his economic policies halted "bleeding" www.reuters.com Can the president boost jobs and the economy between now and Election Day? yhoo.it For stocks September starts on upbeat note www.reuters.com Bankrupt Miami in Fiscal Emergency, Breaks Employee Contracts, Hikes Property Taxes www.businessinsider.com Bonds slip as data signal recovery in less jeopardy www.reuters.com Dollar falls vs euro, higher ...
SmarTrend Morning Market Update: September 3rd, 2010
- Length: 1:13
- Views: 5
- Author: TradeTheTrend
US stock futures are trading mixed Friday ahead of the government's monthly employment report. The Labor Department is expected to report private employers added 41000 workers in August, which would be the fewest since January. The unemployment rate is expected to have climbed to 9.6% in August from 9.5% in July. A separate report from the Institute of Supply Management is expected to indicate the services sector continued to expand in August. On Wednesday the ISM said that the manufacturing sector expanded in August at a faster pace than economists forecast. TheDow Jones Industrial Average (DJI) futures are trading 5.00 points below fair value, the S&P500 (INX) futures are trading 0.60 points below fair value, and the Nasdaq Composite (IXIC) futures are trading 0.25 points above fair value.
RDL-09-02-2010.mp4
- Length: 14:57
- Views: 323
- Author: reddragonleo
Stock market forecast for Red Dragon Leo For more, go to www.reddragonleo.com
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