2 days ago by Rich Beckman

I just had to make a couple of comments about this CBS News report five days ago. At the three minute mark, Scott Pelley says “One thing we noticed today is how stubborn unemployment has been.” Nice of you to notice, Scott. They then put up a chart showing the last ten recessions and Scott says: “Al ...

My Time to Waste - mytimetowaste.com · Rank: 172,903 · 2 references

2 days ago by Economic Logician

With all the talk about cyclical austerity measures, it is surprising that little is known about the cyclical behavior of tax rates. For one, the tax code is complex and it cannot be summarized by a single number. That can be done by looking at aggregates, but of course aggregate tax rates are endog ...

Economic Logic - economiclogic.blogspot.com · Rank: 30,140 · 84 references

8 days ago by The World's Most Accurate Economic Forecaster

(Reuters) -”The economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, providing some measure of comfort for President Barack Obama who faces re-election in November.” However, it should be pointed out this number ...

John Hively's Blog - johnhively.wordpress.com · Rank: 95,413 · 4 references

10 days ago by Lee

Way, way back in September 2009 I made 10 economic & political predictions for the 2010/11 financial year. Now, that period has been over for a good few months, but as with all good fortune tellers, my predictions came with a certain amount of leeway. It’s still an insightful read if you have 10 min ...

Five Pence Piece - fivepencepiece.com · 22 references

12 days ago by Simon

Market Upside Down: How to Invest Profitably in a Shrinking Economy (9780137044863): Vinh Q. Tran: Books

Web Insider Club - webinsiderclub.com

12 days ago by Kelpie Capital

The Situation Europe, UK and the US are all currently mired in a Balance Sheet Recession (BSR). A term for the current “rare disease” the global economy is suffering from coined by Richard Koo in his seminal book “The Holy Grail of Macroeconomics” where he provides a blueprint for our current malais ...

AdvisorAnalyst Views - advisoranalyst.com/glablog · Rank: 5,096 · 21 references

15 days ago by The World's Most Accurate Economic Forecaster

The war began with a savage legislative assault by President Ronald Reagan. Working people voted for him as he slaughtered their livelihoods, starved their schools, bankrupted their nation, laid the foundation for mass corruption and destroyed the retirement accounts of the elderly. Now the Occupy M ...

John Hively's Blog - johnhively.wordpress.com · Rank: 95,413 · 4 references

18 days ago by The World's Most Accurate Economic Forecaster

The Federal Reserve Bank of the United States gave out $26 trillion in loans to the banksters under the leadership and authority of Ben Bernanke. The Fed printed the money, then handed it out. It’s that simple. The Fed saved the corrupters of Democracy and gave them more financial clout to increase ...

John Hively's Blog - johnhively.wordpress.com · Rank: 95,413 · 4 references

19 days ago by John Hussman, Hussman Funds

Leading economic evidence continues to teeter at levels that have always and only been breached in recessions, but the sharp deterioration we initially observed late last year has been followed by modest stabilization – though still near the area that has historically marked the entry to economic co ...

AdvisorAnalyst Views - advisoranalyst.com/glablog · Rank: 5,096 · 21 references

21 days ago by The Manager

The Weekly Leading Index ( WLI) growth indicator of the Economic Cycle Research Institute ( ECRI) posted -7.5 in its latest reading, data through January 13. The latest public data point is a reduced contraction from last week’s -8.6, and the underlying WLI rose from an adjusted 121.1 to 123.4 (see ...

bankingvision.co.uk - bankingvision.co.uk