
Analysis Topic: Economic Trends Analysis
The analysis published under this topic are as follows.Friday, November 06, 2009
October Unemployment Report to Spark Financial Market / Economics / Financial Markets 2009
By: LiveCharts
Friday (November 6), the Labor Department is expected to release date on   October unemployment. Forecasts call for 175,000 job cuts during the month,   according to a poll of analysts by Reuters.
  
Experts predict that unemployment climbed to 9.9 per   cent in October as it sits just on the fringe of an inevitable surge past ten   per cent in the coming months. If the October estimate holds true, this would   mark the 22nd month in a row of job losses, though the pace of losses has slowed   significantly.
Friday, November 06, 2009
The Ultimate Conditions For Economic Recovery / Economics / Recession 2008 - 2010
By: Jim_Willie_CB
 With the  steady stream of claims toward an economic recovery, one must do a reality  check from time to time. The Gross Domestic Product for 3Q2009 reflected a  solid temporary push from the absurdly inefficient and costly Clunker Car  Program, and an inventory drawdown that finally arrived. Both factors  contributed to a lift in GDP that in no way testify to a recovery. The  Productivity at 9.5% for Q3 is the latest story of a supposed recovery. Well,  if the truth be told, the combination of business liquidation and significant  worker cuts adds to output with the advantage of the negative incremental workers.
With the  steady stream of claims toward an economic recovery, one must do a reality  check from time to time. The Gross Domestic Product for 3Q2009 reflected a  solid temporary push from the absurdly inefficient and costly Clunker Car  Program, and an inventory drawdown that finally arrived. Both factors  contributed to a lift in GDP that in no way testify to a recovery. The  Productivity at 9.5% for Q3 is the latest story of a supposed recovery. Well,  if the truth be told, the combination of business liquidation and significant  worker cuts adds to output with the advantage of the negative incremental workers.  
Thursday, November 05, 2009
Treasury Inflation Protected Securities (TIPS), Are They For You? / Economics / Inflation
By: Michael_Pollaro
 On November 4th, Bloomberg ran this piece: U.S. to Sell $81 Billion in  Long-Term Debt Next Week
On November 4th, Bloomberg ran this piece: U.S. to Sell $81 Billion in  Long-Term Debt Next Week
Same old same old, right?  Another big treasury auction.  Maybe it’s a bit more than that, this time. 
Thursday, November 05, 2009
The Feds Have No Faith in Economic Recovery / Economics / Economic Stimulus
By: Michael_Pento
 The stock market has enjoyed a  significant rally since the end of the first quarter. The Bureau of Economic  Analysis reported last week that the economy grew at a 3.5% annual rate in the  third quarter--a figure they achieved by that claiming inflation was running at  only a 0.8% annual rate, despite a sharp drop in the dollar, a spike in  commodity prices and record highs for gold.
The stock market has enjoyed a  significant rally since the end of the first quarter. The Bureau of Economic  Analysis reported last week that the economy grew at a 3.5% annual rate in the  third quarter--a figure they achieved by that claiming inflation was running at  only a 0.8% annual rate, despite a sharp drop in the dollar, a spike in  commodity prices and record highs for gold.  
Wednesday, November 04, 2009
Why Purchasing Power is More Important than Investment Profits / Economics / Fiat Currency
By: Dr_Jeff_Lewis
 Growing your money is not the most important element of wealth. In   fact, growth should come secondary to the preservation of wealth and purchasing   power. Too often do investors get distracted with nominal changes in their   personal wealth only to find that the thousands of dollars they have collected   is worth considerably less than it was when the initial investment was made.
Growing your money is not the most important element of wealth. In   fact, growth should come secondary to the preservation of wealth and purchasing   power. Too often do investors get distracted with nominal changes in their   personal wealth only to find that the thousands of dollars they have collected   is worth considerably less than it was when the initial investment was made.
Wednesday, November 04, 2009
The Kiss of Debt / Economics / US Debt
By: Bill_Bonner
 Regular readers of  this space will recognize this as the third in a series. Irregular readers will  not recognize it at all. They will look at us as though we had come from Mars.  Earthlings are all convinced that a financial crisis of cosmic proportions  befell the planet last fall. Had the authorities failed to act with  determination and speed, it would have been the end of the world. In the  popular mind the politicians have saved capitalism from its own excesses.
Regular readers of  this space will recognize this as the third in a series. Irregular readers will  not recognize it at all. They will look at us as though we had come from Mars.  Earthlings are all convinced that a financial crisis of cosmic proportions  befell the planet last fall. Had the authorities failed to act with  determination and speed, it would have been the end of the world. In the  popular mind the politicians have saved capitalism from its own excesses.
Wednesday, November 04, 2009
Can Capitalism Survive? Creative Destruction and the Global Economy / Economics / Economic Theory
By: Matt_McCaffrey
 [Can Capitalism Survive? Creative Destruction and the Global Economy •   By Joseph Schumpeter • New York, Harper Perennial Modern Classics, 2009 • 208   pages]
[Can Capitalism Survive? Creative Destruction and the Global Economy •   By Joseph Schumpeter • New York, Harper Perennial Modern Classics, 2009 • 208   pages]
The most famous chapters of Joseph Schumpeter's Capitalism, Socialism, and Democracy have been republished in paperback under the title Can Capitalism Survive? Creative Destruction and the Global Economy.[1] Republishing these core chapters as a standalone text in a time of economic crisis is timely to say the least.
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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.
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
RIP the Private Sector Economy / Economics / Economic Stimulus
By: Graham_Summers
 Long-time  readers of Gains, Pains, & Capital  know that one of our central themes is the REAL issues plaguing the US economy  and how the powers that be have completely failed to do anything to remedy  them.
Long-time  readers of Gains, Pains, & Capital  know that one of our central themes is the REAL issues plaguing the US economy  and how the powers that be have completely failed to do anything to remedy  them. 
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 …
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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Wednesday, November 04, 2009
Reasons Why Hyperinflation Hasn’t Hit the U.S. Economy…Yet / Economics / HyperInflation
By: Money_Morning
 Keith Fitz-Gerald writes: Everything we know about classic economic theory suggests the U.S. economy   should be experiencing Zimbabwe-like hyperinflation right now, thanks to the   nearly $2.2 trillion the U.S. Federal Reserve has pumped into the system.
Keith Fitz-Gerald writes: Everything we know about classic economic theory suggests the U.S. economy   should be experiencing Zimbabwe-like hyperinflation right now, thanks to the   nearly $2.2 trillion the U.S. Federal Reserve has pumped into the system.
Wednesday, November 04, 2009
What's Wrong With U.S. Consumer Confidence? / Economics / Recession 2008 - 2010
By: Guy_Lerner
 This is an interesting video taken from CNBC's "Squawk On The Street" - The show's host, Mark Haines, is incredulous that last Tuesday's consumer confidence number came in lower than expected. Haines mutters: "What the heck is that all about?" As Haines goes onto explain, housing is higher in most major markets and corporate profits are better. The only thing missing was the next statement out of his mouth, and I will fill in the blanks: "What do people want?"
This is an interesting video taken from CNBC's "Squawk On The Street" - The show's host, Mark Haines, is incredulous that last Tuesday's consumer confidence number came in lower than expected. Haines mutters: "What the heck is that all about?" As Haines goes onto explain, housing is higher in most major markets and corporate profits are better. The only thing missing was the next statement out of his mouth, and I will fill in the blanks: "What do people want?"
Tuesday, November 03, 2009
Securitization Bankrupted America, So Who Owns It Now? / Economics / US Debt
By: Andrew_Butter
 Everyone is  familiar with the chart of US  debt that goes up to about 350% of GDP in 2008, this is the same slide except  looked at another way [1]:
Everyone is  familiar with the chart of US  debt that goes up to about 350% of GDP in 2008, this is the same slide except  looked at another way [1]:
Tuesday, November 03, 2009
What is Money and How Does One Measure It? / Economics / Fiat Currency
By: Mike_Shedlock
 Money is a difficult subject. There is much confusion as to what it is. There   is even more confusion as to the best way to measure it. Yet, before we can   measure it, we have to define it.
Money is a difficult subject. There is much confusion as to what it is. There   is even more confusion as to the best way to measure it. Yet, before we can   measure it, we have to define it.
Tuesday, November 03, 2009
Better Manufacturing Economic Data Boosts Equity Markets / Economics / Recession 2008 - 2010
By: Lloyds_TSB
 Better-than-expected manufacturing data helped to restore the upward momentum in global equity markets yesterday, while at the same time putting the US dollar under renewed downward pressure against the higher yielders. The US ISM manufacturing PMI jumped from 52.6 in September to 55.7 in October – its highest since April 2006. The improvement was led by a sharp rise in the survey’s employment index, from 46.2 to 53.1, raising an upside risk for Friday’s October nonfarm payroll report (see chart).
Better-than-expected manufacturing data helped to restore the upward momentum in global equity markets yesterday, while at the same time putting the US dollar under renewed downward pressure against the higher yielders. The US ISM manufacturing PMI jumped from 52.6 in September to 55.7 in October – its highest since April 2006. The improvement was led by a sharp rise in the survey’s employment index, from 46.2 to 53.1, raising an upside risk for Friday’s October nonfarm payroll report (see chart). 
Tuesday, November 03, 2009
State Budgets, How Bad Will it Get? / Economics / Recession 2008 - 2010
By: Rick_Wolff
 Crises expose the system's irrationalities and wasteful   resource allocations. For example, Madoff and his many, smaller imitators reveal   the tips of corruption icebergs. More important, the crisis-induced fiscal   emergencies looming in most of the 50 states demonstrate several absurdities in   our economic system.
Crises expose the system's irrationalities and wasteful   resource allocations. For example, Madoff and his many, smaller imitators reveal   the tips of corruption icebergs. More important, the crisis-induced fiscal   emergencies looming in most of the 50 states demonstrate several absurdities in   our economic system. 
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.
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
The Political Economy Postponing Providence / Economics / Economic Stimulus
By: Captain_Hook
 That’s  the game – postponing providence – putting off the inevitable until the next  guy’s shift. This is the cache of our political economy, as with all other  comparables before it, now maturing into rot. All dominant cultures recede this  way of course, dying from within as it were. And the American Empire is no  different, with its hollowed out economy, markets, and values. Despite the  obvious signs of this decay, most people continue to deny and ignore the  inevitable, however acceleration of collapse will continue to challenge such  fancy, eventually becoming self-evident to even the less endowed.
That’s  the game – postponing providence – putting off the inevitable until the next  guy’s shift. This is the cache of our political economy, as with all other  comparables before it, now maturing into rot. All dominant cultures recede this  way of course, dying from within as it were. And the American Empire is no  different, with its hollowed out economy, markets, and values. Despite the  obvious signs of this decay, most people continue to deny and ignore the  inevitable, however acceleration of collapse will continue to challenge such  fancy, eventually becoming self-evident to even the less endowed.
Monday, November 02, 2009
The Government Will Default on Its Debts / Economics / Great Depression II
By: Gary_North
 The governments of every   major nation are going to default on their debts. There are two relevant   questions: (1) How? (2) When?
The governments of every   major nation are going to default on their debts. There are two relevant   questions: (1) How? (2) When?
Establishments around the world all deny this. They have gained power and wealth by means of the expansion of government. They have justified their success by insisting that the government-business alliance is the only way to establish economic growth and economic security for the masses. This claim rests on a more fundamental claim, namely, that an unhampered free market is destructive of economic stability and will inevitably lead to economic depression.
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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.
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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