The Government Shutdown Probably Kills A Taper In October

Oil falls below $104 a barrel as inventories rise

Canada/Norway To Drill For Oil In North Atlantic 500 Miles Northeaast of St. Johns, Newfoundland

PIMCO's Bill Gross now sees low interest rates for decades to come

S&P 500 companies with the safest-highest yields

Tesla (Nasdaq: TSLA) shares fall 6.24% Wednesday on battery fire in one of their cars

Investors Are Leaving The Stock Market In Droves Because Of One Main Reason

A short piece from Andrew Sorkin of the New York Times explains in his DealBook column why American investors are giving up on US equities. From the article titled "Why Are Investors Fleeing Equities? Hint: It's Not The Computers"

Let me offer a more straightforward explanation of why investors have left the stock market: it has been a losing proposition.

 His letter came after he had sent a Twitter post that read: “Boomers can’t take risk. Gen X and Y believe in Facebook but not its stock. Gen Z has no money.”

An entire generation of investors hasn’t made a buck. “The cult of equity is dying,” Bill Gross, the founder of Pimco, wrote in his monthly letter last week. “Like a once bright green aspen turning to subtle shades of yellow then red in the Colorado fall, investors’ impressions of ‘stocks for the long run’ or any run have mellowed as well,” Mr. Gross wrote.

Bill Gross Of Pimco Says The USA Is In Worse Shape Than Greece

Business/Economic/Housing/Layoff News for August 25,2010

Any Bounce In Stocks Is Now To Be Treated As A Shorting Opportunity

Self-Cleaning Panel Tech Could up Solar Power Yields by 40 Percent

Mish: Japan's Finance Minister Threatens Yen Intervention to Halt "One-Sided Movement"

Elliot Spitzer: They Still Don't Get It

Santander Analyst Made Insider Trades Before BHP Bid for Potash, SEC Says

Burger King 4Q net income falls 17%; sales slip

Apple Said to Prepare New 99-Cent TV Show Rental Service

Traders Freaking Out Over WSJ Report On The Fed: Here's Why

U.S. Existing Home Sales in Record Plunge

Economy Caught in Depression, Not Recession: Rosenberg

Ireland Long-Term Sovereign Credit Rating Cut by S&P

Yes Folks, Hindenburg Omen Tripped Again. . . Creator Of Hindenburg Gets Entirely Out Of Market

The Automatic Earth: "How Low Can We Fall This Fall?"

Louis Navellier: 9 Mega Cap Blue Chip Stocks To Dump Immediately

Gross Says Mortgage Yields Would Soar Without Government Aid
PIMCO's Bill Gross on "Deep Demographic Doo-Doo"

Former Countrywide CEO Mozilo faces more allegations

Home Prices: They're Not Quite What They Seem

NYT: "The Overconfidence Problem In Forecasting

Realty Check: The Experts Failed To See The Housing Crisis Coming

The Two Gangs Of Economists Warring Over The Causes Of High Unemployment

Deal between Miami Beach and CWA Union falls apart putting 450 jobs in peril

Between 600 to 1,000 workers to be laid off in Arkansas Whirlpool Plant

Pfizer: 150 plant workers to lose jobs in December

Income Inequality and Financial Crises

Business/Economic/Housing/Layoff News for August 23, 2010

Peter Schiff: The Fed Has A Drug Problem, Bernanke Is Addicted To Printing

Stocks Rally on Takeover Optimism; Coffee Jumps to 12-Year High

Debt's Deadly Grip

Mish's Weekend Potpourri: Commercial Real Estate Prices Tank; Late Mortgage Payments Spike; Half of Shanghai, Beijing Flats Are Vacant; Pension Fraud by New Jersey Cited by SEC

USA: Portrait of a Sagging Empire

Bond Yields Showing No Economic Spoils for Republicans in 2010

Bond bubble fear returns as investors flee stocks

How Pimco is holding the American homeowners hostage

It's doom and gloom all over again

Today’s economic crisis is less about the quantity of output than the distribution of income and leisure

Late-fee limits could cost card issuers $3 billion

Democracy or “Lobbyocracy”?

Beijing Billionaire Who Grew Up With Mao Sees No Housing Bubble


4th Straight Year Of Decline: Country clubs for golfing closing nationwide

10 Big Retailers Closing Stores

Small Investors Flee The Stock Market

Firm: N. Calif home sales drop 23 percent in July

Another top money manager says the market is priced attractively at this time

7 Reasons Why You Should Not Buy A House

Post-Mortgage Meltdown, Where Do We Go Now?

Dr. Housing Bubble: The fallacy of cheap home prices and the two income trap – dual income households underscore massive housing inflation. Nationwide home prices overvalued by 25 percent.

Homeowners’ Rebellion: Could 62 Million Homes Be Foreclosure-Proof?

Housing Fades as a Means to Build Wealth, Analysts Say

Bloomberg: Housing Slide in U.S. Threatens to Drag Economy Into Recession

Watch Out Amazon, Here Comes Rakuten!

Delta to Recall, Hire Attendants as Carrier Expands

What is real jobless rate in North Carolina? Try 17.8%

Bleak Picture for Employment

Veterinary supplier files bankruptcy, lays off 300

State of Texas considers cutting "thousands" of jobs to balance their budget

BAE Systems laying off 124 at Western Pennsylvania plant

Wells Fargo laying off 90 employees in Reading, PA