International Business Times

Life After Hurricane Sandy

l.stafford.howard — Mon, 05 Nov 2012 15:09:38 GMT

As the dust starts to settle on the massive destruction left by Hurricane Sandy, along with the tragic human cost, rational thought process has many of us pondering the macro effect. We really won’t know the exact impact on the United States economy until well into 2013 and, even now, the general consensus by and large is mixed at best with strong opinions on both sides of the spectrum.

What About The Fiscal Cliff?

l.stafford.howard — Wed, 17 Oct 2012 15:16:11 GMT

The World Bank suggests that if the United States fiscal cliff is not averted it would reduce U.S. growth by 2.2 percent and global growth by 1 percent. It does not stop there as the World Bank also mentioned that we could see a 5 percent decline in U.S. import volumes, a 6 percent decline in oil prices, a 2 percent drop in metal prices, and a 1 percent drop in food commodity prices.