Obvious that the end of the $8,000 first time home buyer credit caused a spike that has been more than reversed, much like November. The
[Skip to the end] Preliminary data for Jan – Mar quarter shows sales tax at -0.1% YY, first decline since 2002 Q1. 21 states out
Mainstream economics says: Get inflation right and that ‘automatically’ optimizes long-term growth and employment. Adding to demand with a negative supply shock turns a ‘relative
(email) On 11 Jan 2008 11:17:34 +0000, Prof. P. Arestis wrote: >  Dear Warren, > >  Many thanks. Some good comments below. > >  The
Crisis may make 1929 look a ‘walk in the park’ Telegraph by Ambrose Evans-Pritchard As central banks continue to splash their cash over the system,
Falling deficits in general in the Eurozone due to the growth rate of GDP combined and the countercyclical tax structure. Aggregate demand from non government
CNBC just had a session on trying to reconcile high gdp with large credit losses. Seems they are now seeing the consumer clipping along at
The Trillion Dollar Day Yesterday, $1.048 trillion dollars was printed out of thin air, which gave the globe its first Trillion Dollar Day. Everyday, all
Consensus was high enough, let’s see how tomorrow turns out. Also retail sales up a lot more than just energy prices, and claims down. Still