12/14 DailyFinance

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. DailyFinance Investors would be wise to ignore the "Goldilocks" recovery scenario December 13, 2009 at 8:30 pm Filed under: Economy, Investing, JP Morgan Chase, Bank of America Despite last year's mauling, some high-profile Wall Street analysts see a "Goldilocks" scenario for the economy. That would be one where inflation remains subdued and growth picks up briskly -- yet again. But investors should think twice before betting on such a fairy tale. Following a wave of recent bullish data, including a better-than-expected employment report and strong retail sales, some powerhouse investment banks are now raising their growth forecasts for the year ahead. JPMorgan, Credit Suisse and Barclays Capital all now predict that GDP will expand at 4.5% in 2010. That's more than the upper range of 3.5% that even the Federal Reserve recently predicted -- and double the 2% growth scenario that bond giant Pimco has pushed as part of a broader lackluster outlook for the U.S. economy. Continue reading Investors would be wise to ignore the "Goldilocks" recovery scenario Investors would be wise to ignore the "Goldilocks" recovery scenario originally appeared on DailyFinance on Sun, 13 Dec 2009 20:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments Google's own phone: Rumors firm up about Android-powered Nexus One December 13, 2009 at 1:00 pm Filed under: Company News, Technology, Google , Motorola, Apple, AT&T, Verizon There have been rumors for months that Google (GOOG) would launch its own wireless handset. PC Magazine even went so far as to report that Google employees have been issued the phone. Now there is a sort of confirmation from The Wall Street Journal that the handset, to be called the Nexus One, will go into production next year, though the newspaper can only say that this is "according to people familiar with the matter." The handset allegedly will be built by Chinese cell phone manufacturing giant HTC Corp and will run Google's own wireless operating system, Android. Continue reading Google's own phone: Rumors firm up about Android-powered Nexus One Google's own phone: Rumors firm up about Android-powered Nexus One originally appeared on DailyFinance on Sun, 13 Dec 2009 13:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments Real unemployment rate is far higher than the headlines December 13, 2009 at 12:00 pm Filed under: Economy According to recent reports, the unemployment rate fell from 10.2% to 10%. But is unemployment really falling? Although it seems like toting up the numbers should be fairly straightforward, it turns out to be a complicated calculation. There are several inherent difficulties in calculating the unemployment rate. First, any unemployment number is in effect a snapshot of a moving target: No matter how rigorous the collection process, it's not possible to survey every household and every employer (not to mention the millions of self-employed). Second, the methods used to collect and adjust the data can skew the results dramatically. For instance, though the headlines announced that "only" 11,000 Americans lost their jobs last month, other data (both government and private) suggests the real number was much higher. Continue reading Real unemployment rate is far higher than the headlines Real unemployment rate is far higher than the headlines originally appeared on DailyFinance on Sun, 13 Dec 2009 12:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments Will Boeing finally test fly the 787 Dreamliner? December 13, 2009 at 11:00 am Filed under: Company News, Technology, Boeing The Wall Street Journal reports that on Tuesday, Boeing (BA) plans to test fly its 787 Dreamliner, a $166 million per plane 250- to 330-seat passenger aircraft with 865 orders and an estimated $150.6 billion backlog that has been delayed six times over the last two years. While I hope Boeing succeeds, the causes of the previous delays raise questions about whether the 787's technical problems have really been solved. Can Boeing really pull it off this time? In a word, yes. The test flight is supposed to last four or five hours, so there is no way for the company to bluff its way through it. And given the enormous embarrassment that Boeing has suffered from previous missed deadlines, I am confident that the 787 will fly as long as the weather is acceptable on Tuesday. Continue reading Will Boeing finally test fly the 787 Dreamliner? Will Boeing finally test fly the 787 Dreamliner? originally appeared on DailyFinance on Sun, 13 Dec 2009 11:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments Costs of prescriptions and doctor visits double in a decade December 13, 2009 at 10:00 am Filed under: Healthcare Consumers paid roughly double in 2006 for prescription drugs over what they paid in 1996 -- an average of $161 per prescription, versus $79 a decade earlier -- and the price of visiting a doctor or an emergency room also skyrocketed in that time. Those findings come from the Department of Health and Human Services' Agency for Healthcare Research and Quality, which examined health-care expenses from 1996 to 2006 for adults between 18 and 44. Continue reading Costs of prescriptions and doctor visits double in a decade Costs of prescriptions and doctor visits double in a decade originally appeared on DailyFinance on Sun, 13 Dec 2009 10:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   This email was sent to gatdemit001@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.