Daniel Burns
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Double-dip recession risk rising: El-Erian
NEW YORK (Reuters) - The U.S. economy faces an increasing risk of stalled growth in 2010, the chief executive of top bond fund Pimco said on Friday, adding that rallies in the equity and bond markets have outpaced economic trends. Full Article
Blog Posts
The confidence gap of rich vs. poor
U.S. consumer confidence sank to a record low this month, but not everyone is feeling so blue. Confidence among higher-income earners, those making $50,000 and up, rose in January, according to Conference ... Full Article | Comments [8]
Bears trump bulls on inauguration day
People around the world watched Barack Obama's inauguration on Tuesday with anticipation and hope, but it was no surprise that the stock market took a bleaker view, with the major U.S. indices down more than 2 percent at midday. The stock market has historically fallen during inaugurations. Full Article | Comments [6]
The end of the Bush stock market
Today marks the end of the Bush stock market. He has presided over the evisceration of more than $4.6 trillion of U.S. stock market wealth as measured by the S&P 500. Full Article | Comments [19]
