Article Index
Unemployment Rate

Just because the crash of 2008 did not usher exactly the kind of depression experienced after the market crash of 1929 does not necessarily mean that we may not be heading that way anyway. How come? In essence, a depression is nothing more than a prolonged recession. How…

Greece just cannot get itself out of international headlines. I'm not entirely sure I would care what goes on in Greece if the country were not one of 16 key ingredients in gluing together all the pieces of the eurozone's puzzle, keeping the euro afloat and the global…

By Michael Lombardi, MBA — Today's Profit Confidential column What a day for the stock market yesterday.Just between Apple, Yahoo!, Goldman Sachs and Johnson & Johnson, the market got $11.4 billion in earnings announcements Tuesday. Quarterly earnings reports have been very strong this season.Maybe the market should be…

— "The Financial World According to Inya" Column, by Inya Ivkovic, MA   Back in May, the Obama administration forced 19 of the largest banks to undergo the "stress test." Ten out of 19 failed to pass it at the time and were given six months to raise…

— "Profit Confidential" Column, by Michael Lombardi, CFP, MBA Well, it's official. This morning, the October U.S. job numbers came out and the unemployment rate in the U.S. has now moved into double-digit territory. Currently, 10.2% of American workers are unemployed — the highest level since 1982, when…

— "The Financial World According to Inya" Column, by Inya Ivkovic, MA I don't know about you, but these days, when someone mentions potential asset bubbles in the making, I pay attention. After an obscure market such as subprime lending managed to create such global mayhem, no warning…

— "The Financial World According to Inya" Column, by Inya Ivkovic, MA According to the International Monetary Fund (IMF), in about 40 years, China's share of the global economy could triple, exceeding what is currently the U.S. share of 22%. Taking the lead is not something new for…

— by George Leong, B.Comm. The Great Depression did not end in 1930. Actually, it had merely started. Similarly, the Great Recession will not end in 2009. And although recovery may have started, judging by the summer bonanza in stocks and certain improving economic indicators, it is far…

— by Inya Ivkovic, MA World governments are struggling under serious mountains of debt, which, along with the still weak and disappointing U.S. home sales, is putting a serious damper on the optimism among economists and investors alike that orders of durable goods and other economic data have…

— by George Leong, B. Comm. Stock markets are currently trading at a crux, but did make an upward break at key breakout levels (NASDAQ 1,700; DOW 8,400; S&P 500 900-950; Russell 2000 475). Yet, despite the break, stocks continue to trade mixed with a lack of trading…

— by Inya Ivkovic, MA We all couldn't wait for the second half of 2008 to finally end. Entering 2009, we knew it was going to be tough. But at least we entered with a fresh perspective, albeit a humble one, or the market would have humbled us…

Recently, Statistics Canada came out with job numbers for February, indicating that the Canadian economy is still defying recessionary pulls from our neighbor south of the border. More specifically, Canadian employers added 43,300 new bodies to their payrolls, which added up to just under 46,400 new jobs added…

If you know anyone from Brazil or anyone who travels there frequently (like my brother-in-law, Dave, who goes to Rio de Janeiro every fall), you might have heard at some point or another the popular jeer, "Brazil is the country of the future -- and always will be."…

When my friend Kevin, a research engineer at a major Tier-2 automotive parts supplier, called me from a business trip in Germany this weekend to tell me that German Chancellor Gerhard Schroeder had announced that he wished to hold early elections, I couldn't help but wonder how this…