July 2010

By John Mauldin. "... has been brought about by policies which the majority of economists recommended and even urged governments to pursue. We have indeed at the moment little cause for pride: as a profession we have made a mess…

Hi everyone, I will be on vacation/holiday over the next few weeks, so my own posting will probably be pretty light – a lot of posts highlighting other views. Check in nonetheless because there will still be plenty on offer from other…

Bill Gross, manager of the world's biggest bond fund at Pacific Investment Management Co., recently wrote that he now takes a less optimistic view of what he dubs "Keynesian consumption remedies." As a result, he talks to…

Also see "Lawsuit Tackles Files That ‘Re-Spawn’ Tracking Cookies" and "The Web's New Gold Mine: Your Secrets" at The Wall Street Journal.

From The Consumer Metrics Institute On July 30th the Bureau of Economic Analysis ('BEA') released its "advance" estimate of the annualized growth rate of the U.S. Gross Domestic Product ('GDP') during the 2nd quarter of 2010. Per…

By Annaly Capital Management. On Tuesday July 27th, the Census Bureau released homeownership rate data for the second quarter of 2010, which showed a continued decline to 66.9% from a peak of 69.4% in 2004. This rate hasn’t been below 67%…

GDP Growth Charts via EconomPic EconomPic: Great Recession was Worse than Thought EconomPic: GDP Growth Slows... Spike in Business Investment Spanish Unemployment La EPA constata que el paro no deja de subir; 20,09% de…

by Edward Hugh According to Ralph Atkins, writing in the Financial Times: "Eurozone mortgage borrowing grew last month at the fastest pace in almost two years in a sign that bank lending across the 16-country region may be flickering…

From Comstock Partners In a scholarly paper that was released today James Bullard, President of the Federal Reserve Bank of St. Louis, stated, "The U.S. is closer to a Japanese-style outcome than at any time in recent…