Gates of Vienna News Feed 2/23/2009
Gates of Vienna News Feed 2/23/2009
Our IV of email has been reconnected, and tips from the usual suspects are trickling back in. Check out the news stories from the UK — the behavioral sink, the financial crisis, fears of civil disorder, and the decline of the Labour Party, all mixed together. Thanks to Aeneas , C. Cantoni, Craig Karpel, Fjordman, Gaia, Henrik , heroyalwhyness, JD, KGS , Samhaldsfestarin, TB, Vlad Tepes , and all the other tipsters who sent these in. Headlines and articles are below the fold. - - - - - -
(AFX UK Focus) 2009-02-25 16:10 UPDATE 1-US mortgage applications down, led by refinancing (Interactive Investor)
By Julie Haviv
Words from the (investment) Wise 2.22.2009
Words from the (investment) wise for the week that was (February 16 – 22, 2009) A perfect storm of a deepening global recession and banking woes last week battered equities and supported the safe havens of the US dollar, government bonds and gold bullion. A dismal corporate earnings outlook, fears about bank nationalizations, especially Bank of America (BAC) and Citigroup (C), and a warning by Moody’s Investors Service of possible downgrades of European banks exposed to the slumping economi