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Home/ Economics 6th Hour/ Contents contributed and discussions participated by Kolinski H

Contents contributed and discussions participated by Kolinski H

Kolinski H

the market in 2012: stocks up, ecomony sideways - 0 views

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    this article says that the stocks are on there way of four straight year of gains. there are also improvements since the 2008 downturn. also the number of jobs created each month has to get higher to create a healthy labor market. oil futures are down 10% from near $99 a barrel, and the stocks are looking pretty good.
Kolinski H

No holiday cheer for energy stocks - 0 views

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    this article says that the stocks did not keep up with the market this year. it says the stocks are down 1.3% this year and its not looking better for 2013. this is surprising because oil prices traded have been higher.
Kolinski H

Economic shock from Fiscal Cliff will last over a decade: U.S. Manufacturers - 0 views

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    the fiscal cliff is a series of tax increases and automatic spending cuts set to take place in 2013. This would lead to a fiscal contraction of $500 billion in 2013. This is already taking an impact on the economy. if we go over the cliff the economy could be worse then the great recession in 2007-2009. with this is projected unemployment and GDP rates: 2013: unemployment: 10.2% / GDP: .2% 2014: unemployment: 11.4% / GDP: 1%
Kolinski H

WHy the Dow plunged today - 0 views

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    The markets were down across the board friday. the biggest catalyst of the day came from the release of october jobs data. we added 171,000 non-farm jobs. but this may have caused the markets to flounder. this may help obamas efforts in beating romney.
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