Several reports in the last few weeks indicate the credit crunch may be easing. Banks may be making loans again after too many months of sitting on their vaults.
For way too long creditworthy small businesses have had a difficult time getting the financing they need to grow and create jobs.
If reports of an easing credit crunch are true, it’s about time. Now, if we can convice the big business to start spending some of the record profits they’ve been hoarding, we might see a real dent in the jobless rate.
WSJ’s Marketbeat blog: Shocker!: Banks are starting to lend again
It’s way too early to pass judgement on General Motors return to the stock market, but that isn’t stopping analysts, politicians and others from having their say.
Here’s a sampling of what’s being said, including a video from the White House blog. So far, most of the chatter has been positive, but what will the experts be saying a year from now?
White House White Board: The Rebirth of the American Auto Industry
SmartMoney: The General Motors Bait-and-Switch
Barron’s: The Other Way to Play GM
MarketWatch: GM shares retreat some from re-entry gains
MarketBeat – WSJ.com: GM Stock: Trading but whtih training wheels
Photo: (AP Photo/Paul Sancya, file) In this file photo taken Thursday, Nov. 18, 2010, General Motors headquarters are shown in Detroit. Shares of the reborn General Motors lost momentum in early trading Friday, Nov. 19.