The Radford Free Press – Page 494 – All life is problem solving.

Economics / bankruptcy, Cadillac, Chevrolet, Chrysler, creditors, Fiat, GM, Hummer, Saab, UAW /

The GM Story Continues

April 27, 2009

We appear to be reaching the end of the GM saga. The end that is of this interminable run up towards the company’s reorganization. This morning’s announcement by GM’s management contained some fairly aggressive measures. It also signaled that the company had finally heard the administration’s message about both urgency and extent with respect to […]

Economics / California, durable goods, GDP, home equity, inventories, manufacturing, new home sales, output, production, real estate, recession, recovery /

Gloomy Data: Whither Those Green Shoots?

April 24, 2009

The accumulated data releases over the past few days indicate that the economy remains deeply mired in recession. For every one of Bernanke’s ‘green’ shoots there seems to be a counterfactual. Today we hear that durable goods orders sank dramatically during the first quarter. The drop in March was 0.8%, which caps off a fall […]

Uncategorized /

Housekeeping This Weekend

April 24, 2009

As you can see we have changed the look and feel of Radford Free Press quite drastically overnight. This is the second step in the roll out of our revised site. Over this weekend we will be completing the third step which includes things that many of you have asked for: the ability to register […]