Archive for the ‘Beige Book’ tag
Beige Book
States the evil financial spiral
More or less all the twelve federal reserve districtsn in the US have experienced that the financial situation has gotten even whorse in december. The bad guys in this contet is according to the repport the dried out loaning market combined with a drop in detail sales.
Bad news – once agian!
The Beige Book rapport from the departments of the American central Bank do eight times a year take the temperatur of the American economy. This year the reading of the rapport has – not surprisingly – been very depressing. read more aboute the Beige Book rapport here
The stock market defys the bad news
The unemployment situation
Today news aboute the unemployment rates hit the streets. The situation is whorse than expected by experts as 250.000 people are now out of jobs instead of the 205.000 that were expected. These people are in a terrible situation loosing their jobs this close to christmas.
The Beige Book
Around noon american time the yearly Beige Book came on the street. This book contains an analycsis of the nations financial situation in general. The bank managers of the twelve Central Banks contribute to the analysis by sharing their views. This year the evaluation of the financial situation was whorse than last year. aboute the good new on the stock market today here