Saturday 19 December 2009

12/20 DailyFinance

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Will the U.S. Repeat the Great Mistake of 1937?
December 19, 2009 at 5:40 pm

Since the financial crisis began, public policy makers in the U.S. have by and large stayed the course of stimulus spending and support for struggling corporations, especially banks. However, a substantial minority in Congress, led by the Republican Party but also including conservative Democrats and Tea Partiers, wants to start withdrawing fiscal and monetary stimulus, arguing that the threat to the U.S. economy is largely over. Nothing could be further from the truth.

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Will the U.S. Repeat the Great Mistake of 1937? originally appeared on DailyFinance on Sat, 19 Dec 2009 17:40:00.

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Could the 'Sunshine Effect' Be a Rainmaker for Your Portfolio?
December 19, 2009 at 11:00 am

Individual investors, here's a tip: As you consider investment strategies for next year, you might want to check the weather before you buy a stock on the day it announces earnings. A theory by two accounting professors known as "the Sunshine Effect" suggests that the price of certain stocks may be prone to move higher than normal when earnings are announced on sunny days.

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Could the 'Sunshine Effect' Be a Rainmaker for Your Portfolio? originally appeared on DailyFinance on Sat, 19 Dec 2009 11:00:00.

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Economist Advises: For a Happier Christmas, Spend Less
December 19, 2009 at 10:00 am

When Dan Ariely recently took his kids to a birthday party, he didn't expect a lesson in how to celebrate the holidays, let alone a tutorial in economics. But as clowns and inflatables entertained the children and the parents feasted on wine and sushi, he found himself pining for old fashioned birthday cake and soda. For Ariely, a behavioral economist and author of Predictably Irrational, it was a near-perfect example of what's known in his trade as a social coordination problem, and a big demonstration of why many people grow to dislike what should be festive occasions. Put simply, our parties and gifts need to be on par with our peers' or we become unhappy.

Continue reading Economist Advises: For a Happier Christmas, Spend Less

Economist Advises: For a Happier Christmas, Spend Less originally appeared on DailyFinance on Sat, 19 Dec 2009 10:00:00.

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Big Snow Storm of '09 Could Hurt Retail Sales
December 19, 2009 at 9:05 am

Retailers have been hoping that this holiday season would at least be as good as the disastrous one in 2008. But early numbers from retailer associations, the federal government and private research firms show brick-and-mortar store sales running flat compared to last year. The National Retail Federation is forecasting that sales for the holidays will be down 1%.

Continue reading Big Snow Storm of '09 Could Hurt Retail Sales

Big Snow Storm of '09 Could Hurt Retail Sales originally appeared on DailyFinance on Sat, 19 Dec 2009 09:05:00.

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