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Several key economic variables (e.g., Job level, real GDP per capita, stock market, and household net worth) hit their low point (trough) in 2009 or 2010, after which they began to turn upward, recovering to pre-recession (2007) levels between late 2012 and May 2014 (close to Reinhart's prediction), which marked the recovery of all jobs lost ...
Many analysts have been proclaiming the U.S. dollar is in terminal decline, and that it is due to be replaced by another currency, perhaps the Chinese Renminbi (a.k.a. Yuan) or a new Asian or ...
The number of countries in recession was 25 in Q2 2008, 39 in Q3 2008 and 53 in Q4 2008. At the steepest part of the Great Recession in Q1 2009, a total of 59 out of 71 countries were simultaneously in recession. The number of countries in recession was 37 in Q2 2009, 13 in Q3 2009 and 11 in Q4 2009.
Over the past few months, numerous pundits and analysts have weighed in on the issue of using the dollar as the world's currency. As the dollar remains more or less flat (it traded at about $1. ...
The US bear market of 2007–2009 was a 17-month bear market that lasted from October 9, 2007 to March 9, 2009, during the 2007–2008 financial crisis. The S&P 500 lost approximately 50% of its value, but the duration of this bear market was just below average.
The dollar slid to a yearly low versus the euro and British pound Tuesday, as the new trading year began as institutional investors returned from summer vacations. Even so, the compelling question ...
The Consensus forecast for euro-area producer price inflation significantly outperforms the naïve forecast in the short-term. Finally, the Consensus forecast for the USD/EUR exchange rate during the period from 2002 to 2009 is more precise than the naïve forecast and the forecast implied by the forward rate." [12]
Fortune has an interesting story on the worst housing markets for 2009. 2008 was a brutal year across the country, but the experts predict that it will get a lot worse for quite a few cities over ...