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  • Wall Street Breakfast: Must-Know News [View article]
    Mark Zandi of Economy.com produced a chart showing the impact of the stimulus package on the quarterly GDP. According to the chart, the govt stimulus would create a 3.5% increase in GDP during 2009Q3. This implies that all of the growth in 3rd quarter GDP was due to the stimulus. The impact on 2009Q4 and 2010Q1 GDP growth would be 2.0% and 1.5%, respectively.
    Oct 30 16:54 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Looks like Bob Lutz (of GM) has just found incentive to turn the company around -- standing in line at a Northwest Airlines counter.
    Jan 14 13:53 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Will the Car Czar, and US govt, be responsible if the auto industry does not become profitable? Will we have to keep bailing them out until the economy picks up and they can stand on their own? This seems like the beginning of a long series of bailouts.
    Dec 08 16:06 pm |Rating: +1 0 |Link to Comment
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