I don’t believe that the market at this time truly reflects the fundamental risks of the overall economy and how those risks translate long-term into negative business conditions. What I think is happening is that investors are looking for a place to put their money where they can get a better return than on Treasury bonds that aren’t yielding too much. I don’t think it is a reflection of investor sentiment towards the market overall. I think it’s just a matter of opportunity and where they’re seeing a better prospective return on their investment. We’ve seen a tremendous rise in some commodity prices which is usually associated with investors hedging against inflation or other factors. Continue reading
Economy
Symposium 2010: What is your outlook for the economy and interest rates and what risk does the federal deficit and federal debt have in the outlook for the economy and business long-term?
I think the economy is going to be stagnant this year. We’ll probably have very low growth, if any. Interest rates will be kept low by the Federal Reserve in an effort to boost the housing markets, but I think largely it’s all reflective of failed economic policies by the Obama Administration and the Congress. Continue reading
Symposium 2010: What is your assessment of the economy and general business conditions?
The economic outlook is pretty bleak at this point. Unemployment isn’t going to go down, because businesses aren’t hiring. Why? There’s not enough demand because a lot of people are out of work and others are fearing they too may be in the unemployment line. Businesses aren’t going to hire if they have this massive liability known as Obamacare thrust upon them. Continue reading
Economic Outlook 2011
Gross Domestic Product
Following zero growth in 2008 and a 2.6% contraction in 2009, real gross domestic product (GDP) increased by roughly 2.8% (an an annual basis) according to advance estimatesi released by the Bureau of Economic Analysis (BEA). The economy remained modestly expansionary in 2010 with first and second quarter changes in real GDP of 3.7% and 1.7%. These figures follow an increase in real GDP of 5% in the fourth quarter 2009. Third and fourth quarter real GDP increased by 2.6% and 3.2%, respectively, showing a slight upward trend in economic activity. While the trend in 2009 was clearly marked by recession followed by a modest upturn in activity, economic activity in 2010 could be characterized as modest. However, in 2010, housing markets remained weak with continued declines in prices and increases in foreclosures, credit markets remained tight, inflationary pressures increased and unemployment remained high. Continue reading
Economic Outlook 2010
Economic Outlook 2010
Digger Cartwright comments on the state of the U.S. economy – Feb 2009
Orlando, FL (PRWEB) February 1, 2009—The office of Digger Cartwright, mystery novelist and industrialist, released the following statement by Mr. Cartwright on the outlook for the U.S. economy. Continue reading
Digger Cartwright comments on the Direction of America
Orlando, FL (PRWEB) November 5, 2008—The office of Digger Cartwright, mystery novelist and industrialist, recently released Mr. Cartwright’s following comments on the direction of the United States. Continue reading
Thinking Outside The Boxe 