While the stock market has rallied nicely since bottoming on March 9th, the economy continues to struggle. For some perspective on the current economic recession, today's chart illustrates the duration of all US recessions since 1900. As today's chart illustrates, the five longest recessions all began prior to 1930. The length of the current ( Read more... )

Just take a look at the newly created NASDAQ OMX Government Relief (^QGRI) Index!


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I'm finding politics more enjoyable this year since I don't like anyone.

[Yahoo!] To help people weather the downturn immediately, McCain urged Congress to institute a "gas-tax holiday" by suspending the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day to Labor Day.  He also renewed his call for the United States to stop adding ( Read more... )