Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.
Wednesday, December 15, 2010
Economic Crisis in America: Mounting Household Debts, Threat to Pension Funds and Social Security / Economics / US Debt
By: Bob_Chapman
The experts’ keep telling us how great shopping is this Christmas Season when only 17% of shoppers are using credit cards. That is a drop of 50% from last year, and the lowest usage in 27 years. We guess buyers have unloaded the cookie jar and pulled their savings from under the mattress. The consumer sentiment index has risen 2.6, but we will wait to see if attitudes turn into sales. Home buying intentions continue to fall as interest rates hit 4.66% for a 30-year fixed mortgage this past week, putting a further damper on future sales.
Wednesday, December 15, 2010
Fed Inflation / Economics / Inflation
By: Axel_Merk
In August, Federal Reserve (Fed) Chairman Bernanke stated inflation was too low; in October, the Fed's Minutes lamented that the market appeared not to take Bernanke's August statements seriously enough. In our assessment, today's Fed statement of the Fed's Open Market Committee (FOMC), with an almost verbatim repetition of the previous FOMC statement, screams: "markets: trust us, we mean what we say."
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Tuesday, December 14, 2010
Chanos Expects to Cash in on His China Shorts During 2011 / Economics / China Economy
By: David_Haas
Here’s a recent interview with Jim Chanos on the critical state of the Chinese economic picture. Chanos typically makes his money short-selling overpriced markets and he’s “all over” China like stink on a pig; has been for well over a year.
Chanos believes 2011 will be his big year to begin cashing in on his China shorts. Here’s his reasoning:
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Tuesday, December 14, 2010
Bank of England's Inflation Targeting Mandate is Bankrupt as CPI Rises to 3.3% / Economics / Inflation
By: Nadeem_Walayat
UK Inflation for November rose once more to hit 3.3% form 3.2% which makes a mockery of the Bank of England's primary objective of targeting CPI inflation at 2%, instead of which UK inflation has been above 3% for virtually the whole of 2010. Not far behind the bankrupt Bank of England's temporary high inflation mantra is the mainstream press and major institutions and so called think tanks that have lapped up the Bank of England's Deflation threat propaganda and sleep walked their readers into high inflation disaster as inflation protection props have been pulled away one by one (NS&I RPI Indexed Certificates).
Monday, December 13, 2010
The U.S. Economy is Recovering and Employment is Growing - WHO’S LYING? / Economics / US Economy
By: James_Quinn
Have you noticed the latest sound bites coming from the punditry in the corporate mainstream media? Here is the latest wisdom flowing from the lying mouthpieces of the ruling oligarchy (Wall Street, Washington DC, Mega-corporations):The economy is recovering and employment is growing.
Consumers are deleveraging, saving and using cash for purchases.
Retailers are doing fantastic as consumers increase spending.
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Monday, December 13, 2010
The Fed, The Chicago School's Achilles Heel / Economics / Economic Theory
By: Robert_Murphy
In a recent post "Triumph of the Austrian Economists," David Frum laments the displacement of the respectable Chicago School as the economists of choice among the political Right. Frum fails to see that conservative Republicans are justified in switching their allegiance to the Austrian economists, because supply-side monetarists have a glaring blind spot when it comes to the Federal Reserve.
Monday, December 13, 2010
Inflation, Deflation and the U.S. Economy Year Ahead / Economics / US Economy
By: Clif_Droke
The inflation versus deflation debate has raged for years but since the credit crisis the debate has become highly politicized. If the credit crisis taught us anything it is that the risk of deflation far outweighs that of inflation. Yet there is an entrenched view emerging in political circles that is actively opposed to the government’s attempts at re-inflating the economy following the deflationary collapse of 2008. Read full article... Read full article...
Sunday, December 12, 2010
Mike Shedlock Deflation Proponents Rebuttal of John WIlliams Hyperinflation Call / Economics / Deflation
By: Mike_Shedlock
Those looking for Sunday entertainment can pull out the popcorn and watch this video of John Williams calling for the "Great Hyperinflationary Great Depression", coming your way soon.
Sunday, December 12, 2010
Brazil the Low-carbon Economy of the Future / Economics / Brazil
By: Pravda
study by the British economist Nicholas Stern, who advises the UK government on climate change, has highlighted how Brazil can be a perfect example for the future, making the transition from being the fifth greatest polluter to becoming a leader for countries wishing to create low-carbon economies.
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Sunday, December 12, 2010
Russia's Central Bank Concerned About Price Inflation Tsunami / Economics / Inflation
By: Pravda
Sergey Ignatyev, the head of the Russian Central Bank, did not exclude a possibility to raise the official bank rate next year to curb inflation. Ignatyev forecast the growth of crediting and the economy in 2011 by 20 and 5 percent respectively.
In November, the board of directors of the Central Bank (CB) decided to preserve the level of the official bank rate and interest rates on CB operations. The official bank rate was preserved on the level of 7.75 percent per annum on June 1, 2010.
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Saturday, December 11, 2010
Fudge Factor in U.S. Crude Oil Trade Data? / Economics / Crude Oil
By: Andy_Sutton
For many years now this column has been periodically dedicated to the analysis of economic reports, and the exposure of ‘fudging’ that takes place in most macroeconomic data series. Immediately upon looking at this morning’s trade data it seemed that, once again, something was amiss. It probably jumped out at me because I had just finished a crude oil analysis report for December’s Centsible Investor and the information was still fresh in my mind. However, I am quite sure that I am not the only one who noticed this.
Saturday, December 11, 2010
U.S. Trade Deficit Narrows in October, Provides Lift to Q4 GDP Growth / Economics / Economic Recovery
By: Asha_Bangalore
The trade deficit narrowed to $38.7 billion in October from a gap of $44.6 billion in the prior month. The 3.2% increase in exports of goods and services and a 0.5% decline in imports of goods and services brought about a narrowing of the trade gap in October. Overall, this reading is a big plus for real GDP growth in the fourth quarter.
Saturday, December 11, 2010
John Williams of ShadowStats Warns Hyperinflation Will Start in the Next Couple Months! / Economics / HyperInflation
By: Mac_Slavo
John Williams of Shadowstats has repeatedly warned that our economy is not doing as well as some would have you believe. From unemployment to GDP to current and future liabilities, there are fundamental problems that will not be resolved anytime soon - in fact, they’re likely to get worse.
The end result according to Williams?
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Friday, December 10, 2010
Economic Risk Leads to Financial Mistrust / Economics / Credit Crisis Bailouts
By: Barry_Elias
My Nov. 12 blog described how modern economists severely miscalculated the economic realities, which fueled the 2008 financial crisis.
Five days after this piece was published, the Institute for New Economic Thinking (INET) issued a grant to a team of experts: The mission is to derive a computational model that would represent the underlying dynamics of the financial crisis.
Friday, December 10, 2010
Fed QE2 Creates Rapidly Accelerating China Housing Bubbles and Price Inflation / Economics / China Economy
By: Jeb_Handwerger
After QE2, analysts were looking for possible consequences of the Federal Reserve Bank’s actions. What has become apparent is that the Fed has created another bubble in China. Investors globally have transferred devalued U.S. dollars and Euros to buy Chinese property and equities. China has had to combat imported inflation with rapidly rising asset prices. An influx of capital has caused a real estate bubble, a rise in costs of basic goods and excessive speculation in the commodity markets. The Chinese Central Banks will be observing the inflation data which should be coming out this weekend and will be compelled to act aggressively to prevent China from a bust similar to the housing crisis which occurred in the United States in 2007. Yesterday’s IPO’s showed that irrational exuberance is here once again, none since I have witnessed since the late 90’s.
Thursday, December 09, 2010
No U.S. Economic Exit Strategy, Only Wall Street Speculators Are Profiting / Economics / Great Depression II
By: Bob_Chapman
Policy makers within the Treasury and the Fed are only interested in delaying and extending the timeline trying to find and extricate themselves from one of the most dangerous fiscal and monetary failures of all time. They know they and their controllers have no solution. QE1 and QE2 have temporally saved them financially, but have not saved any economy, especially the American economy. In addition it has added to the severity of the crisis.
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Thursday, December 09, 2010
Wealth Confiscation Through Inflation / Economics / Inflation
By: Mike_Hewitt
A monologue on currency devaluation through the process of inflation.
Greetings, I would like to talk about a subject of which I believe to be of great importance. It is to do with the devaluation of our currency.
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Wednesday, December 08, 2010
Fed’s QE2 Ponzi Scheme Sets HyperInflation Trend in Motion / Economics / HyperInflation
By: Gary_Dorsch
In a taped interview with CBS’ “60 Minutes” that aired on December 5th, Federal Reserve chief Ben “Bubbles” Bernanke tried to brainwash the American public, into believing that “Quantitative Easing” (QE), is absolutely necessary in order to prevent further losses of jobs, and tried to assure his listeners that he has the skills to keep inflation under control. The US-jobless rate would have risen far higher, “something like it was in the Depression, at 25%,” -- had the Fed not provided tens of trillions in loans to Wall Street banks and other financial companies, he said.
Wednesday, December 08, 2010
Congress to Follow Fed to and Spend Money to Lift Economic Growth in 2011 / Economics / Economic Stimulus
By: Asha_Bangalore
The Fed's $600 billion purchase of Treasury securities, known as QE2, is the Fed's second chance to stimulate economic activity after the $1.725 trillion QE1 package expired in March 2010. Chairman Bernanke presented his case for the second package on "60 minutes" last Sunday. The Fed is focused on meeting its dual mandate of price stability and full-employment, both of which are not within the reach of the mandate at the present time.
Wednesday, December 08, 2010
U.S. Jobs Off Shoring Tsunami Quantitative Easing 3, a Perfect Stagflation Storm / Economics / Unemployment
By: Dian_L_Chu
Whilst most of the recent economic data seem to demonstrate a steady, albeit slow recovery in the United States, the November employment figures from the Labor Dept. threw a curve ball into the mix as the unemployment rate unexpectedly jumped to 9.8% from 9.6% held since August.
That brought the jobless rate to its 19th straight month of 9% or more, which is the longest stretch since World War II, while the unemployment rate of people with a college degree (25 and older) also hit a 40-year high of 5.1%.