Archive for January, 2009

First-quarter layoffs

The following chart is a selection of some announcements of job cuts since the beginning of the year. Some numbers are estimates.

The new financial bubble is here

Fear has driven money toward the Treasury market, sending bill, note and bond prices soaring, but there will be plenty of pain to go around once the bubble pops.

As round winds up, questions linger

As a bruising session draws to a close, there is still no clear end to the market’s woes, and no one knows what will happen next. Yet our players see reasons for hope.

The Beautiful Side of Car Parts

THE MELTDOWN OF THE AUTO INDUSTRY LAST YEAR was vicious and widespread — and the outlook for 2009 is hardly much better. The consensus among industry insiders is for a 13% drop in sales, following an 18% plunge in 2008.
Amid the gloom, however, there’s a notable bright spot: the market for auto parts used for [...]

A Guaranteed 7%: Can Putnam Pull It Off?

Who wouldn’t want a guaranteed return in this market? To know that you’re going to make money no matter what the market does is an understandably appealing notion. Problem is, the marketers at Putnam Investments agree.
Putnam has just released a series of “absolute return” funds that promise specific percentage returns — 1%, 3%, 5% or [...]