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Investors and the 2009 Economic Outlook Bullish investors are focused on the middle of 2009, with many strategists and economists thinking the economy will start bouncing back by then. If that's the scenario you're betting on, however, this dispatch from the Atlantic's Marc Ambinder ought to be troubling:It's quite unsettling to talk to members of Barack Obama's transition teams these days, especially those who are helping with the economics portfolio. Without going into details, the sense I get from them is that they are very worried that the economy will get a lot worse before it gets better. Not just worse... a lot worse. As in -- double digit unemployment without the wiggle factors. Huge declines in aggregate demand. Significant, persistent deficits. That's one reason why the Obama administration seems to be open to listening to every economist with an idea and is stocking the staff with the leading lights of the field.It's in the political interests of the Obama economic team to lower expectations. Dire prediction Businessweek.comNewspapers in America: OverZellous The Tribune Company files for bankruptcy protectionWHEN Sam Zell announced on December 20th 2007 that he had completed a deal to buy the Tribune Company—with holdings including the Los Angeles Times and the Chicago Tribune, an array of local television stations and the Chicago Cubs baseball team—he made a bold promise. A property tycoon with little experience in media, Mr Zell vowed to create “a fresh, entrepreneurial culture that is fast and nimble, and which rewards innovation”. Tribune, he hoped, would represent the future of newspapers. He may be right, but not in the way he intended. On December 8th the company filed for bankruptcy protection.America’s newspapers have been in decline for years as readers and advertisers have migrated to the internet. In 2007 the total circulation for daily newspapers was 51.2m, 14% lower than in 2000, according to the Newspaper Association of America. Total advertising spending (print and online) fell by 8% in 2007 al EconomistIP Industry Luminary Joins Sonics` Executive Teamtmcnet.com What Does Backwardisation Mean for Silver Prices? Peter Cooper submits: Antal E. Fekete, a professor at Intermountain Institute of Science and Applied Mathematics, and frequent writer on precious metals, answers a timely question:Q: People from around the world keep asking me what advance warning for the collapse of our international monetary system, based as it is on irredeemable promises to pay, they should be looking for.Complete Story » Seeking AlphaAdvertising: Stadium Sponsorship Grows to New Levels The new stadium in Indianapolis shows how far sports teams are willing to go to attract marketing dollars. NYtimes.comGM`s luxury suites may be struck out Say what you will about General Motors, but at least the public relations team there learns from its mistakes. CNNEUR (Euro) Forex Technical Analysis - Forex Hound FXstreet.com The Foreign Exchange MarketEUR (Euro) Forex Technical AnalysisForex Hound, NY - 1 hour ago( If you cannot read the capcha, refresh the page) The comment will be reviewed by the Forex Hound Team before it is posted. Trading foreign exchange on the ...US session: Risk Aversion Trade continues to Drive FX Prices ACMMarket Overview by Forex Yard Forex Houndall 54 news articles Info 5000Alternative Investment Management Association reshuffles top team for fresh policy focus The Alternative Investment Management Association, the hedge fund industry body, has drafted in a new chairman and reorganised its top executives' roles, as it makes good on its pledge to focus more on liaising with regulators and policymakers and to play a 'material and sophisticated' part in regulatory reforms. Aima, which in October announced plans to focus its resources more heavily on...Visit MoneyScience for the Complete Article. Money ScienceFrontier Financial Corporation: Frontier Bank Appoints Head of New Business Banking Division EVERETT, WA (MARKET WIRE) Frontier Financial Corporation (NASDAQ: FTBK), the financial holding company for Frontier Bank, announced appointment of long-time banker Milt Douglas to head its new Business Banking Division. In his new position as Executive Vice President, Douglas will head a team of commercial bankers focused on expanding the bank's business portfolio. The bank recently announced management changes and a renewed emphasis on developing a strong business banking franchise. Marketwire.comHow To:: Time Inc. Subscription Service: 8 Steps from Concept to Beta Launch Creating a new business model for online subscriptions is always a challenge. You have no track record of consumer behavior to observe and no campaign data on which to base your marketing campaigns.Find out how the team that created Maghound ? the magazine membership service ? faced these challenges. Their tactics included years of market research and testing, leading to a beta launch about three months ago ? another step in the research process. Marketingsherpa.com |
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