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Another sign of coming recession - a very early one from those feel the impact first
Tania Sorabji
Sep. 24, 2006

Early signs of deep recession as investment bankers start cutting cost to survive the downturn - Credit Suisse take the lead. It is another sign of coming recession - a very early one from those feel the impact first.
Early signs of deep recession as investment bankers start cutting cost to survive the downturn - Credit Suisse take the lead. It is another sign of coming recession - a very early one from those feel the impact first.
According to a media report Credit Suisse has internally banned color copying to cut cost fast. That is producing a ripple effect in the financial world. At the dotcom bubble burst, investment bankers were the forst to start cutting unncessary cost.
The only folks that have got hurt are the commodity hedge funds. The action from investment mabkers send a chill in the financial markets all over the world.
No one knows how bad the coming recession will be. It may be time for the Fed to preempt fast with aggressive interest rate cut.
BIZ/FINANCE ARTICLES
Another sign of coming recession - a very early one from those feel the impact first
Tania Sorabji
Early signs of deep recession as investment bankers start cutting cost to survive the downturn - Credit Suisse take the lead. It is another sign of coming recession - a very early one from those feel the impact first. READ MORE>>
Oil, stocks and gold all will tumble because of US economy
Sam Adelton
The US economy is so weak internaly that oil, stock and gold can all collapse in a commodity deflation driven mega trend. READ MORE>>
Attorney Generals of California and other states dertermined to make sure HP leak scandal do not repeat again in other companies - indictments eminent
Media Release
HP lost close to 4.3% of the stock price today and experts say it can lose 30% very fast if things do not look better soon. READ MORE>>
SEC actions on hedge funds too late too little
Kirsten Henson
The hedge funds that pushed oil to eighties and made copper price go up by 500% are now in a total blood bath . SEC scrutiny of the same is too late and too little. SEC actions on hedgefunds may not make any bdifference at this stage. READ MORE>>
Stocks declined Tuesday after a weak housing report outweighed data showing inflation remains relatively tame
Media Release
The producer price index fell 0.4% but the real nasty news came from housing starts that slumped 6% on top already collapse that btook place earlier in the year. READ MORE>>
US Federal Reserve must lower the interest rates rapidly now to halt free falling US economy from a total catastrophic collapse
Sam Adelton
It seems like Japan in early nineties but in an accelerated mode. The biggest problem for the US economy as talked before is the real estate and heavy consumer debt. The Government debt is also a major problem as US economy rapidly shrinks. READ MORE>>
The bubbles in India, China and price pattern in Gold and oil forecast worldwide depression with relatively high commodity inflation
Paula Harris
It is time for Federal Reserve in US to preempt fast and decisively now. They should not do what they did in 1987. They should lower the rates after the big stock market crash. It will be too late this time. It is time for them to act now. READ MORE>>
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