Difference between revisions of "US economy"
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==Overview== | ==Overview== | ||
[[category:US]][[category:portals]]This page is a portal for articles and information about various aspects of the {{USA}} economy, including: | [[category:US]][[category:portals]]This page is a portal for articles and information about various aspects of the {{USA}} economy, including: | ||
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* '''2007-10-20''' [http://www.economicsbriefing.com/2007/10/at-edge-of-nightmare-scenario-sivs-pose.html At the Edge of a Nightmare Scenario: SIVs Pose Risks for Money-Market Funds] by Robert Wallach: "The financial world has never experienced a 'bank run' on the entire [[money market industry]], but with markets in general spooked and even [[Wall Street Journal|WSJ]] stating that it is impossible to determine how much exposure a money market fund has to [[structured investment vehicle|SIV]] problems, delicate is by no means an overstatement of the current situation." | * '''2007-10-20''' [http://www.economicsbriefing.com/2007/10/at-edge-of-nightmare-scenario-sivs-pose.html At the Edge of a Nightmare Scenario: SIVs Pose Risks for Money-Market Funds] by Robert Wallach: "The financial world has never experienced a 'bank run' on the entire [[money market industry]], but with markets in general spooked and even [[Wall Street Journal|WSJ]] stating that it is impossible to determine how much exposure a money market fund has to [[structured investment vehicle|SIV]] problems, delicate is by no means an overstatement of the current situation." | ||
* '''2007-10-19''' [http://www.economicsbriefing.com/2007/10/dow-closes-down-369-points-all-major-us.html Dow Closes Down 366 Points; All Major US Indexes Down More Than 2%], on the 20th anniversary of [[Black Monday]], no less | * '''2007-10-19''' [http://www.economicsbriefing.com/2007/10/dow-closes-down-369-points-all-major-us.html Dow Closes Down 366 Points; All Major US Indexes Down More Than 2%], on the 20th anniversary of [[Black Monday]], no less | ||
− | * '''2007-10-01''' [http://www.nytimes.com/2007/10/01/business/01cnd-stox.html Wall Street Rallies Into Record Territory]: "Stock markets rallied into record territory today as investors bought back into the [[banking]] and housing sectors, a sign that Wall Street could see an end to the | + | * '''2007-10-01''' [http://www.nytimes.com/2007/10/01/business/01cnd-stox.html Wall Street Rallies Into Record Territory]: "Stock markets rallied into record territory today as investors bought back into the [[banking]] and housing sectors, a sign that Wall Street could see an end to the subprime housing woes and a lower risk of recession." |
* '''2007-09-29''' [http://www.lsj.com/apps/pbcs.dll/article?AID=/20070929/NEWS01/709290338/1001/news 35K state workers get layoff notices]: "Thirty-five thousand state workers were told to stay home from work Monday as Michigan's budget crisis intensified and a partial government shutdown loomed ever closer." | * '''2007-09-29''' [http://www.lsj.com/apps/pbcs.dll/article?AID=/20070929/NEWS01/709290338/1001/news 35K state workers get layoff notices]: "Thirty-five thousand state workers were told to stay home from work Monday as Michigan's budget crisis intensified and a partial government shutdown loomed ever closer." | ||
* '''2007-09-28''' [http://www.crikey.com.au/Business/20070928-US-headed-for-housing-depression.html US headed for housing depression]: "American homebuilders are now holding more than 8 months supply of built but unsold houses on their books (and remember these are new and completed new homes: the figures for existing homes will be out in the next day or so)." | * '''2007-09-28''' [http://www.crikey.com.au/Business/20070928-US-headed-for-housing-depression.html US headed for housing depression]: "American homebuilders are now holding more than 8 months supply of built but unsold houses on their books (and remember these are new and completed new homes: the figures for existing homes will be out in the next day or so)." |