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Economic and and financial news and analysis

Carney-mania in full swing in Canada – MarketWatch

PORT TOWNSEND, Wash. (MarketWatch) — Imagine Ben Bernanke being described as a “fiscal and economic rock star.” Or envision a major U.S. financial publication touting Bernanke as a possible Presidential — or, in this case, Prime Ministerial — candidate. That’s exactly what’s been happening in Canada the past few months, the country’s central banker, Mark…

Philly Fed Says 48 of 50 State Economies to Grow

The Federal Reserve Bank of Philadelphia today released the leading indexes for the 50 states for April 2012. The leading indexes are a six-month forecast of the state coincident indexes, which reflect current economic activity in each state. Forty-eight state coincident indexes are projected to grow over the next six months, while two are projected…