May 8 - S&P's Chief Economist David Wyss notes the economic data this week continued to come in not so much good as less bad than what was expected. The data tend to confirm S&P's view that although the recession may be long, it is likely to be shallow.
Nov. 8 - S&P's Chief Economist David Wyss notes that with oil prices rising and financial markets still caught in a credit crunch, the economy is expected to slow down over the winter. For the...
Apr. 24 - The economic data over the last week was pretty sparse. What data there was is somewhat mixed, with a bit more encouraging news than expected on the construction front, but continued bad...
There were new reasons to remain worried about the housing sector. Sales of previously owned homes tumbled to a 10-year low in June. And the national median home price sank to just over $215,000,...
This Week: Economic Data Not As Bad As Expected. S&P's Chief Economist David Wyss notes the economic data this week continued to come in not so much good as less bad than what was expected. The dat...
June 21 - Economic data continues to be strong, with GDP growth for the second quarter expected to be near 4%. Interest rates are expected to hold at 5.25% for the rest of the year.
Jan. 17 - It has been a rough week for economic data. Most of the data that has come out has been bad, and the worst of it comes from the retail sales numbers from December.
Sept. 13 - S&P notes that the outlook for the economy has deteriorated in the last few weeks, due to a combination of bad economic reports and a freeze-up of short-term financial markets.
June 26 - As was expected, the Federal Reserve did nothing at its June meeting, holding the Federal Funds Rate at 2%. The Fed statement was a little more hawkish than expected, and generally...
The U.S. economy has landed in recession, according to an economist at brokerage firm Merrill Lynch. - David Rosenberg, Merrill Lynch's chief North American economist, said Friday’s...
The TSX posted another triple-digit loss Wednesday, with investors stepping away from equities as commodity prices slid and U.S. recession fears grew. At the close, the S&P/TSX composite...
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