economic worries

Deflation Becomes Real Danger In Japan

247Wallst — Fri, 26 Jun 2009 12:40:03 -0400

Japan’s consumer price index fell 1.1% in May. According to the AP, that is a record drop. read more »

Capital One Chargeoffs Rise To 9.4%; American Express Chargeoffs 10%; Card Issuance Drops 50%

mish — Mon, 15 Jun 2009 15:21:49 -0400

Credit cards losses are accelerating at Capital One, a trend one should expect to continue given the rapidly rising unemployment rate. Interestingly, Capital One is returning TARP funds. read more »

What Hyper-Inflation?

247Wallst — Tue, 14 Apr 2009 09:10:56 -0400

If you were worried about all this new money that has been coming into the system and its effects on inflation, you have at least another month (or much longer) before the worries will set in. A read more »