The daily recession angst: AAPL, BSC, C, F, GOOG, JPM, MER, MSFT, YHOO, oil, gold & war

Filed under: International markets, Other issues, Rumors, Rants and raves, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), Ford Motor (F), India, Private equity, Scandals, Citigroup Inc. (C), JPMorgan Chase (JPM), Merrill Lynch (MER), Oil, Headline news, Bear Stearns Cos (BSC), Federal Reserve, Recession

Every day another story about our recession and the related fallout pops up. Are we in a recession or not? Or will we just teeter on the edge? The debate continues between those anal retentive types that must see all the actual facts, and those that see the signs all around and proclaim that “if it looks like a duck and it quacks like a duck, then by golly…”

The Federal Reserve Board has acted as if we are in a recession. They sit on one side of the teeter totter lowering interest rates to counter balance the weak economy and moderate the impact of potential negative growth. Clearly they are throwing ballast off a sinking ship.

There has been much debate recently about the Fed’s dramatic bailout of The Bear Stearns Companies, Inc. (NYSE: BSC) with the cooperation and maybe hand rubbing of JP Morgan Chase & Co. (NYSE: JPM). Some feel Bear Stearns should have been allowed to collapse and others feel that the Fed had no choice in the matter and was not protecting BSC, but the overall confidence in world financial markets.

Continue reading The daily recession angst: AAPL, BSC, C, F, GOOG, JPM, MER, MSFT, YHOO, oil, gold & war

Permalink | Email this | Comments

Share This

This entry was posted on Sunday, March 30th, 2008 at 3:18 pm and is filed under Employment opportunities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.