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Another Ex- Goldman Sachs CEO for US Treasury Secretary?

Another Ex- Goldman Sachs CEO for US Treasury Secretary?

the Mesh Report Staff August 4, 2011 0

Speculation is growing that US Treasury Secretary Tim Geithner is going to step down from his position some time soon.  The tumultuous economy over the past few years has taken a toll on Geithner,

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The longest down stretch for stocks since October 2008

The longest down stretch for stocks since October 2008

the Mesh Report Staff August 3, 2011 0

Fear is gripping the market place.  Though the US government avoided a debt default, investors are worried that growth is slowing down across the world.  Yesterday, the Commerce Department reported that consumers cut their

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Manufacturing gauge falls to a two-year low

Manufacturing gauge falls to a two-year low

the Mesh Report Staff August 2, 2011 0

On Monday morning the Institute for Supply Management (ISM) reported its July manufacturing index and the result wasn’t pretty. The index dropped to 50.9% from 55.3% in June, well below the 54.6% consensus expectation.

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Congress reaches a deal

Congress reaches a deal

the Mesh Report Staff August 1, 2011 0

Last night members of both parties in the U.S. House and Senate approved an agreement to raise the nation’s debt ceiling and cut the federal deficit. Though they haven’t voted on it yet, it

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What Happens If The US Defaults?

What Happens If The US Defaults?

the Mesh Report Staff July 29, 2011 0

As of Thursday, not only has Congress failed to reached a deal concerning the increase of the debt ceiling but at this point their not even close to a compromise. With August 2nd, the

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Is American Becoming a Laughing Stock?

Is American Becoming a Laughing Stock?

the Mesh Report Staff July 28, 2011 0

As I do every weekday morning, I open my eyes, find the remote control and turn on CNBC to find out the latest financial news. Yesterday morning, the CEO of Dow Chemical, Andrew Liveris,

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Is The US Postal Service Doomed?

Is The US Postal Service Doomed?

the Mesh Report Staff July 27, 2011 0

On Tuesday, the US Postal Service (USPS) announced that it may close as many as 3,700 of its post offices. That’s 12% of their retail outlets across the country. Many are wondering if this

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Americans Umemployed for More Than a Year Jumps 29%

Americans Umemployed for More Than a Year Jumps 29%

the Mesh Report Staff July 26, 2011 0

The unemployment rate is the percentage of people that are able to work, willing to work, but who are not employed. Part time workers and those that have given up looking for work aren’t

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The Game of “Chicken” Continues…

The Game of “Chicken” Continues…

the Mesh Report Staff July 25, 2011 0

Though I think it’s important to write about a variety of topics in the Stock Enthusiast newsletter, I decided it is necessary to continue to keep you up to date with what’s going on in

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Where Are Precious Metals Headed Next?

Where Are Precious Metals Headed Next?

the Mesh Report Staff July 21, 2011 0

In an interview with CNBC Asia Squawk Box yesterday I discussed how gold is presently correlated with the level of fear that exists due to the debt issues plaguing the United States and the

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