Two Ways To Play: Hope for a Happy New Year?
Grim Outlook for 2009What’s the outlook for 2009? According to economists surveyed by Bloomberg US consumer spending will drop by the most since the 1940s and the unemployment rate will reach its highest levels in 25 years. The Federal Reserve will cut the benchmark interest rate to 0.5% because unemployment will soar to 8.2%.Household spending will drop by 1% the biggest decline since the attack on Pearl Harbor. In all America's GDP is expected to contract at a rate of 2.4% in the first quarter of 2009 and 0.5% rate in the next.For more see Toddo’s What’s Next For Wall Street? ...
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here