http://www.recessionmoneymatters.com Sat, 27 Jun 2009 21:43:12 +0000 http://backend.userland.com/rss092 en The US House of Representatives passed a cap and trade bill yesterday by a slim vote. The bill was watered down so that most of the stiff taxes from the bill will occur 10-20 years from now. I dont' think this will matter too much. First, since it barely passed the ... http://www.recessionmoneymatters.com/house-passes-cap-and-tax Over the past couple of weeks, not much has occurred. Economic data has been about expected. Bond yields started soaring but have since retreated some. The S&P 500 can't seem to break through 950 and is at 910. Most believe that we are not in a deflationary spiral, but some believe ... http://www.recessionmoneymatters.com/a-stalling-point In my previous post, I mentioned contrarian indicators that the recession may be softening. Now, my contrarian indicators seem to think things will get worse. If I chat with my cousin in college or my personal trainer, all the talk assumes that the economy will be back to normal near year-end. ... http://www.recessionmoneymatters.com/im-skeptical It is said that once the mainstream media catches on to a financial crisis, the peak of the crisis is over. In other words, once the mainstream media has said 'STOCK PANIC,' that's when you buy stocks. It's difficult to say when the mainstream media has or has not done something. ... http://www.recessionmoneymatters.com/contrarian-indicators-recessions-peak-is-over The stock market plummeted yesterday and then rocketed back today. Financial stocks, in particular, led the charge both days. Financial shares dropped 10-20% yesterday, only to see 10-30% gains today. Talks of need for more government money and bailouts is what rocked the financial shares. Many were worried the banks were ... http://www.recessionmoneymatters.com/financials-at-a-fork-in-the-road Ever since Yahoo stupidly spurned the $42 billion takeover bid by Microsoft, the company has been in a freefall. Shareholders have demanded Jerry Yang's head, the former CEO and founder of the company. Since he has stepped down, Yahoo has been looking for a new CEO. Who did they come up? ... http://www.recessionmoneymatters.com/bartz When the prospects of a recession first came about, some speculated that the casino sector may be insulated, thinking gambling was a recession-proof business. Their reasoning was that either gambling was addictive so people did it no matter what or people would try to 'win back' their portfolio and other ... http://www.recessionmoneymatters.com/treatment-at-casinos-during-a-recession The stock market rallied this week. It was largely a relief rally since it has been pummeled so much lately, but many are hopeful the recession may not be as bad as some feared. Early results indicate that Black Friday sales were up 3% this year compared to last. People are ... http://www.recessionmoneymatters.com/good-news When the economy does well and businesses do well, most people in general do better. As more businesses demand workers, competition for workers increases, so wages and perks go up. New sorts of jobs are created to assist the newly rich. For example, do you work as a personal trainer, ... http://www.recessionmoneymatters.com/how-trickle-down-affects-you With the economy as weak as it is, it's difficult to consider letting a major employer and symbol of US manufacturing go bankrupt. To let any of the Big 3 just fail would be horrible. However, a prepackaged bankruptcy, allowing the car manufacturers to still operate effectively and rebuild, may ... http://www.recessionmoneymatters.com/prepackaged-bankruptcy-may-be-best-for-gm