Richard Russell Watch:Housing & Financials
June 17, 2008 – June 17 (Bloomberg) — The U.S. economy may be suffering from its first bout of stagflation since the start of this decade, reports on housing prices and manufacturing indicated. Builders broke ground on 975,000 homes at an annual pace in May, the least in 17 years, and construction permits fell, the […]
Russell On The Evolving Bear Market
March 10, 2008 — March 7 (Bloomberg) — The Federal Reserve moved to add as much as $200 billion to the banking system over the next month to offset a deepening credit crisis that may have already pushed the U.S. economy into a recession.
The central bank raised to $50 billion each from $30 billion the […]
