WHAT'S AHEAD
                   
nypost.com     Jul 27, 2008          

POST PANEL: MORE ECONOMIC HURT TO COME As the stock market rises and heaves intraday on the latest speculation and Washington deals with the latest financial fireworks with stimulus and takeovers, The Post has brought together experts from many fields to assess what lies ahead for the economy in the next six months. How much longer will the downward pricing pressures cripple the housing market? Kevin Caron, market strategist, Stifel Nicolaus. This is going to be a very long process, measured in years, not quarters, because the asset is not as liquid as stocks. That is why the dot-com blow-off took only a couple of years. The supply of homes, regularly at about 2 million, is now about 5 million homes. That means there are about 3 million too many homes on the market. You have to clear that out to get back to normal. You are... [read full story]                    


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Facts belie need to drill oil off coast

app.com     32 mins ago   6 related          

As another great summer at the Jersey Shore winds to a close, our coast is in trouble. The Bush administration and members of Congress led by Sen. John McCain, R-Ariz., want to lift offshore-drilling bans and open the...                    

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UAE to keep currency peg

menafn.com     1 hr ago   3 related          

Gulf oil producing countries are unlikely to complete monetary union by a 2010 target, but the dollar's rebound is giving them more reason to stick with their currency pegs, the UAE central bank governor said yesterday....                    

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Weekly Review: Demand at Consumer Level Declines

thepigsite.com     2 hrs ago          

Weekly review of the US hog industry, written by Glenn Grimes and Ron Plain. For January-July, the midpoint estimate we have shows a loss of 3.9 percent from 12 months earlier. For January-July, the demand for live hogs...                    

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Batavia's Graham Corp. repeats as top-performing stock in Rochester region

democratandchronicle.com     2 hrs ago          

Staff and wire reports • August 30, 2008 Shares of Graham Corp. in Batavia had a bad week. But they've had a great year so far — again. With the year now two-thirds over, Graham, a manufacturer of equipment for the oil...                    

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