Post Tagged with: "economic recovery"
Too Soon To Cry Victory?
Confidence Has Returned To Europe’s Financial Markets, But Lasting Economic Growth May Not Be So Easy To Achieve ECB president Jean-Claude Trichet was in rather optimistic, one might even say jovial, mood at the press conference which followed this week’s central bank rate-setting meeting. Second-quarter GDP growth in the 16-nation euro zone would prove “really
Faltering Recovery
By Comstock Partners We have maintained all along that the statistical economic recovery would lose momentum after the effects of the stimulus and inventory replenishment wore off, and the recent data are confirming our view. Moreover there are no drivers to sustain the recovery or prevent deflation without additional drastic measures with an uncertain outcome.
Are We There Yet?
By John Mauldin. "… [this economic condition] 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 of things." – Friedrich August von Hayek, Nobel Speech 2010 1974 Those
David Tice Says Double-Dip Recession ‘In the Cards’ for U.S.
David Tice, chief portfolio strategist for bear markets at Federated Investors Inc, talks about the outlook for the U.S. economy. He sees a double dip coming and argues against stimulus to prevent it, saying policy makers shouldn’t act as “Good Time Charlie” preventing the deleveraging of U.S. households
Inside the New GDP Numbers
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 their report, the GDP grew during the quarter at an annualized rate of 2.4%, down from 3.7% in
How strong is the recovery and other links
How strong is the global recovery? The recovery seems slowest in Greece and the bubble countries (US, UK, Ireland, Spain). It’s pretty poor in Eastern Europe too. It is better in the rest of Western Europe. A good deal better in Australia and Canada (not sure about NZ). China, India and Brazil are even tightening.
Has the Recession Really Ended?
In a post via John Mauldin, Van Hoisington and Lacy Hunt echo some themes CW presented in January regarding why the NBER has waited to declare an end to recession. See "Is the recession dating committee preparing for a double dip?" and "Re-interpreting recession dating committee’s double-dip language for debt deflation dynamics)." Right now, the
Corporate CEOs Won’t Invest in America, Why Should You?
Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). There is no end of economists, analysts, and reporters filling the air with investment recommendations. Is the stock market oversold? Should we invest for inflation or deflation? And
Bullish Economic Data And Other Links
Topic of the day: Bullish data 30-year mortgage rate edges down to new low | Los Angeles Times Delinquent loans: Americans missing fewer loan payments, banking group says – latimes.com First-time unemployment claims drop by 21,000 – layoffs may be slowing: report The Usual Fare Companies’ cash piles: Show us the money | The Economist
Mauldin: The Dismal Science Really Is
There’s a reason economics is called the dismal science, and weeks like this just give it further meaning. In economics, there is what you see and what you don’t. This week we are going to examine the headline data we all see and then take a look for what most observers do not see. Then
ECRI Weekly Leading Index Growth Lowest In 13 Months
A measure of future economic growth fell slightly in the latest week, while its annualized growth rate continued to decline, indicating the economy is about to slow, a research group said on Friday. The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index slipped to 122.2 in the week