Category: Economic Recovery
The analysis published under this category are as follows.
Monday, November 30, 2009
A Faith-Based Economic Recovery / Economics / Economic Recovery
By: TheDailyReckoning
Joel Bowman writes: Today we have something extraordinary for you to ponder. We call it, in the prescribed, politico-doublespeak of the times, a “recovery.” Allow us to elaborate for just a moment…
Thursday, November 26, 2009
While Economic Pundits Play "Gotcha," the Unemployment Situation Improves / Economics / Economic Recovery
By: Paul_L_Kasriel
The best measure of the current condition of the labor market is the state unemployment insurance data. These data are not samples or surveys with guesstimates of how many new jobs were created by new businesses, but the head count of actual people standing in actual unemployment insurance lines. Too be sure, because a government entity is doing the counting, the first count is not always the most accurate count. But after four weeks of counting and recounting, the number that emerges is the one that remains for all times. The monthly labor reports from the Establishment and Household surveys get revised over and over, literally, for years.
Tuesday, November 24, 2009
Will Christmas Shopping Save the Economic Recovery as Black Friday Nears? / Politics / Economic Recovery
By: Danny_Schechter
Funny how, back in 1929, we had black Thursday and then Black Friday as the market crashed, plunging the country into a depression. Now we have every retailer in every mall in America on their knees praying for a prosperous black Friday this week.
Here’s the scenario as Thanksgiving rolls around.
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Friday, November 20, 2009
The Pro-Free-Market Program for Economic Recovery / Economics / Economic Recovery
By: George_Reisman
Good afternoon, ladies and gentlemen: As you all know, we are in a severe economic downturn. The official unemployment rate now exceeds 10 percent and according to many observers is actually substantially higher. Within the last year or so, our financial system has been rocked to its foundations. The collapse of the housing bubble and the numerous defaults and bankruptcies connected with it brought down major financial institutions, such as Bear-Stearns, Lehman Brothers, and Merrill Lynch. It also brought down numerous small and medium-sized banks and threatened to bring down even such banking giants as Citigroup and Bank of America.
Wednesday, November 18, 2009
Will Consumer Spending Really be Different This Time? / Economics / Economic Recovery
By: Hans_Wagner
Most analysts believe the American consumer has changed their free spending ways. Every article on the state of the consumer indicates they have cut their spending, are saving more, and paying off their enormous debt. Everywhere you go, they expect this pattern will continue as the consumer had fundamentally changed their ways. But have they really?
Wednesday, November 18, 2009
Our Steroidally Challenged Economy / Economics / Economic Recovery
By: Vitaliy_Katsenelson
Birds are singing, the sun is shining and life is beautiful again. On the surface, the vital signs of our economy are improving with every economic report. In some areas, like unemployment, the rate of decline is decelerating; in others, like GDP, decline is turning into growth.
Tuesday, November 17, 2009
U.S. Economy Will Dodge Double Dip Recession / Economics / Economic Recovery
By: Money_Morning
Don Miller writes: Historically, the U.S. stock market has been one of the key leading indicators of a U.S. economic rebound.
With the Standard & Poor’s 500 Index up more than 60% from its March lows – and the Dow Jones Industrial Average up nearly 40% – prognosticators are finally confident that the U.S. economy will dodge the “double-dip” recession that has been the focus of much fear since the Bush and Obama administrations launched their financial counterattacks on the worst financial crisis since the Great Depression.
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Monday, November 16, 2009
GDP Forecasts Revised Higher and Gold Boosted by Negative Returns in All Currencies / Economics / Economic Recovery
By: Paul_L_Kasriel
I travel for business purposes a lot these days. Moreover, the battery life on my laptop is limited. As a result, at least these are the excuses I am offering, I do not have as much time to write as I used to. Hence the dearth of Econtrarians. Once a month we must update our economic and interest rate forecasts. Given that I have little new to say about the forecast this month, as was the case last month, I am again using the update as an opportunity to communicate some thoughts I have had over the past month but have not had the opportunity until now to jot them down.
Tuesday, November 10, 2009
The Case For Jobless Economic Growth / Economics / Economic Recovery
By: Hans_Wagner
Jobless growth, a term that makes one pause. With an economy where the consumer comprises about 70% of the Gross Domestic Product (GDP), it is hard to imagine how it can grow without more people working. Yet that is what the U.S. faces as the economy recovers from the worst recession since the 1930’s.
Wednesday, November 04, 2009
U.S. Economy Returns to Growth, Media Premature Boasting of Glory / Economics / Economic Recovery
By: John_Browne
Last week, to the delight of its media cheerleaders, the government announced that economic growth had returned and the recession had ended. But before we start celebrating one quarter of modest growth, we should realize the only force driving this apparent recovery is an enormous increase in government spending. To finance its largesse, the government is now borrowing at a rate that has ordinary citizens and the international community extremely concerned.
Wednesday, November 04, 2009
Leading Economic Indicators Point to Continuing Economy and Stock Market Rally / Economics / Economic Recovery
By: Claus_Vogt
The Conference Board Index of Leading Economic Indicators (LEI) has a very good track record in forecasting recessions …
It gave advance warnings for each of the past eight U.S. recessions including the double-whammy recession of the early 1980s and the recent one.
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Monday, November 02, 2009
U.S. Third Quarter GDP Too Good to Be True? / Economics / Economic Recovery
By: Michael_Pollaro
This past Thursday, the Bureau of Economic Analysis (BEA) reported 3rd Quarter GDP at up 3.5%, surprising the already ebullient consensus. The report I’m sure put a smile on Obama and Bernanke’s faces, not to mention legions of Keynesian economists longing to say I told you so. Hey, even the stock market seemed to like the report, as the Dow Jones Industrials exploded 200 points on the day.
Monday, November 02, 2009
Economic Recovery, The Great Hoax of 2009-2010 / Economics / Economic Recovery
By: Martin_D_Weiss
Before he died, Dad warned me of false profits … and fake promises.
“Beware,” he said, “of shaky gains hyped up by Wall Street.
“Watch out,” he insisted, “for unsustainable economic recoveries trumpeted by Washington.
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Monday, November 02, 2009
Global Economy is Firing on All Cylinders / Economics / Economic Recovery
By: Money_Morning
Jon D. Markman writes: What a difference 12 months can make.
Just one year after every national economy on earth was in deep trouble, a powerful global rebound is underway. In fact, the global upswing is a lot stronger than most investors realize.
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Monday, November 02, 2009
Financial Markets Look to Central Banks on Quantitative Easing Policy / Economics / Economic Recovery
By: Lloyds_TSB
Today's main economic data releases are the US ISM manufacturing and UK PMI manufacturing surveys for October, both expected to register modest improvements. Final October PMI data are published for the euro-zone, following the recent 'flash' estimates.
Friday, October 30, 2009
After Strong U.S. GDP, Markets Look to Chicago PMI and University of Michigan Consumer Confidence / Economics / Economic Recovery
By: Lloyds_TSB
Following stronger-than-market-expected US gdp data yesterday (figures met our projections), the financial markets are likely to see-saw as usual today. US data releases will dominate today as well, with personal income, spending, the price deflator, Chicago PMI and University of Michigan consumer confidence due out. With gdp figures for Q3 showing a rise in consumer spending of 3.4% annualised, the likelihood is that personal spending for September may not fall as much as the consensus suggests, though income may well stay flat.
Thursday, October 29, 2009
Financial Markets Primary Focus on U.S. Q3 GDP Economic Data / Economics / Economic Recovery
By: Lloyds_TSB
It is a busy calendar for economic figures today but markets will primarily focus on the advance estimate of US Q3 gdp this afternoon. Despite a 'bolt from the blue' from the UK last week, we believe it is still worth highlighting that the consensus is for annualised US growth of 3.2%, with the range from 2% to 4.8%. We look for a rise of 3.5%, following a drop of 0.7% in Q2 and bringing to an end the longest series of quarterly declines since such records started in 1947.
Tuesday, October 27, 2009
Twelve Reasons For A Job Loss Economic Recovery / Economics / Economic Recovery
By: Mike_Shedlock
I have been talking about the Job Loss Recovery for quite some time. Here are a few recent examples.
Monday, October 26, 2009
Time for New Stock Market Leadership? / Stock-Markets / Economic Recovery
By: John_Derrick
The market has rallied dramatically since the March 9 low, with the biggest beneficiary of this rally being low-quality companies.
This intuitively makes sense, given that companies with the most troubled outlooks are the ones most likely to have a strong recovery when the dire outcomes predicted at the bottom of the crisis failed to transpire.
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Saturday, October 17, 2009
Is the Real Economy Growing, Expanding, and Making Money? / Economics / Economic Recovery
By: Bill_Bonner
What a marvelous flimflam! So obvious...and yet so effective! It's a pleasure to watch.
Yesterday, the Dow soared over they 10,000 mark. If it keeps going at this rate – up 144 points yesterday – it will soon equal the post-'29 bounce. All we need is two more days and we're there.
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