Friday mid day
Food, crude, metals up, dollar down, inflation up all over the world, well beyond CB ‘comfort levels.’ Nov new home sales continue weak, though there
December 28, 2007
Food, crude, metals up, dollar down, inflation up all over the world, well beyond CB ‘comfort levels.’ Nov new home sales continue weak, though there
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
Looks like markets are still trading with the assumption that as the Saudis/Russians hike prices the Fed will accommodate with rate cut. That’s a pretty
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
(an email and an article) On Dec 23, 2007 5:37 PM, Russell Huntley wrote: > > > > For a very bearish take on the
(email with Randall Wray) On Dec 15, 2007 9:05 PM, Wray, Randall wrote: > By ________ > > This time the magic isn’t working. >
Getting word that many economists are upping Q4 GDP estimates by 1.5% after today’s numbers. Forecasts now up to around 2%. ♥
GCP Annualized (3QP) Survey 4.8% Actual 4.9% Prior 3.9% Revised n/a Keeps coming in above expectations. Personal Consumption (3QP) Survey 2.9% Actual 2.7% Prior 3.0%