Clipmarks | ericskiff's 'economy' clips

Gloomy outlook from the Fed

Thu, 22 May 2008 00:22:24 GMT

clipped by: ericskiff
clipper's remarks: Somehow I have a hard time believing that the Fed is only just now realizing that it's forecasts were a bit rosy.

Clip Source: news.bbc.co.uk

The US Federal Reserve has cut its 2008 growth forecast for the US economy and predicted that unemployment will rise more than it had previously expected.

The US central bank also said the jobless rate could reach 5.7%.

"Although downside risks to growth remained, members were also concerned about the upside risks to the inflation outlook, given the continued increases in oil and commodity prices," the Fed said.

Tags: fed, economy, bernake

Japan and China are selling US debt

Wed, 17 Oct 2007 05:42:53 GMT

clipped by: ericskiff
clipper's remarks: Hmm. I remember reading about this years ago, and the author used terms like "powder keg" and "catastrophic".

How big an effect will this selloff have on our economy. Could we be headed for an economic war? I few more moves like this coupled with a true disruption to oil supply could send our economy into a tailspin.

Clip Source: www.bloomberg.com

Oct. 17 (Bloomberg) -- Japan, China and Taiwan sold U.S. Treasuries at the fastest pace in at least five years in August as losses linked to U.S. subprime mortgages sparked a slump in the dollar.

Japan cut its holdings by 4 percent to $586 billion, the most since a new benchmark for the data was created in March 2000, Treasury Department figures published yesterday showed. China's ownership of U.S. government bonds fell by 2.2 percent to $400 billion, the fastest pace since April 2002. Taiwan's slid 8.9 percent to $52 billion, the most since October 2000.

The dollar fell to 116.45 yen at 1:29 p.m. in Tokyo from 116.92 late in New York yesterday and traded at $1.4173 per euro, close to a record low of $1.4283.

Selections from Anil & Deb's "Community Evangelism" slides

Fri, 04 May 2007 03:40:59 GMT

clipped by: ericskiff
clipper's remarks: Seeing that my title is "Community Evangelist" here at clipmarks and I'm a big fan of Six Apart, (and of Deb & Anil's) I figure I ought to give this a good readthrough! There's lots more at the source, including the actual slides.

Clip Source: www.slideshare.net

Community Evangelism Workshop

Web2Expo Community Evangelism Workshop given on 4/15/07 with Anil

Slide 1: COMMUNITY EVANGELISM: TOOLS & TECHNIQUES Anil Dash and Deborah Schultz Web2Expo April 15, 2007

Slide 47: What’s an Evangelist? • A customer advocate • An Educator • “Amongst the people” interacting with the community where they live • The human face of the company • Cross-functional - not just a marketer • A foil for the company

Slide 48: The Human Skills of Evangelism Listener • Diplomat • Connector • Juggler • Critic • Driven by • relationships Partial geek • • Approachable Detective • • Intuitive Catalyst • • Inquisitive

Slide 49: Relationship Economy Transactions are the by-products of healthy relationships. The global economy is shifting from a mass media, consumer mass-marketing model to one that is far more emergent and decentralized.

Slide 53: Be where your audience is.

The Ecosystem Twitter Presence WIkia IM Myspace Facebook Wikis

Tags: sixapart, community, evangelism, web 2.0, marketing

Existing home sales fall fastest since '89

Tue, 24 Apr 2007 18:52:13 GMT

clipped by: ericskiff
clipper's remarks: I don't think we're anywhere near the bottom of this drop yet.

Clip Source: www.nytimes.com

Sales of previously owned homes suffered their biggest drop in nearly two decades last month, raising concerns that a rebound in the housing market is still far off.

The National Association of Realtors said today that sales of existing homes, which account for about 80 percent of all home sales, fell 8.4 percent in March. That was the steepest decline since 1989.

The realtors’ association report reflected a housing market that is becoming increasingly unfriendly to anyone looking to sell their home. While the number of unsold existing homes for sale fell 1.6 percent in March, to 3,745,000, the time it took to sell a home increased. There was a 7.3-month supply of unsold properties on the market last month, up from a 6.8-month supply in February.

Economists said that if home prices continued to fall, potential buyers would be discouraged from acting while they waited for the bottom of the market to hit.

Tags: housing bubble, economy, housing, nytimes