I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
Read More »
Radio Free Wall Street
Posts Tagged ‘ Contraction ’
You Can’t Fool Mother Nature For Long: The Substitution of Debt for Productivity
The "big story" of the U.S. economy is that we have substituted expansion of debt for meaningful increases in productivity.
For the past 30 years, the U.S. economy has become increasingly dependent on explosive debt expansion for its "growth" rath...
Read More »
Habituating to Contraction
The Savior State has pulled out all the stops to prop up the Status Quo. Its gargantuan borrowing and spending have fixed nothing. Contraction is replacing expansion as the new normal.
For the past 67 years, Americans have been conditioned to expe...
Read More »
The Mysterious Case of Recession Risk
The Mysterious Case of Recession Risk
By James Picerno Dec 19, 2011, 10:48 AM Author's Website
Will the threat come from within or without? Or are we set to be a two-time lower? Perhaps the more pressing question is whether it’ll come at all?
T...
Read More »
The Growth of Degrowth Economics
The Growth of Degrowth Economics
Degrowth theory, whose supporters push policies to reduce economic activity and end our obsession with GDP, is gaining momentum in Europe and Canada. Will the movement reach U.S. soil?
What if we promoted policies ...
Read More »
Investors’ Most Crucial Decision – U.S. Recession Or Not?
Investors' Most Crucial Decision - U.S. Recession Or Not?
by: Jeremy Robson December 7, 2011
I posted an article here on the likely course of the S&P 500 over the next 12 months. This post is intended to fill in the gaps from that article.
Europe i...
Read More »
The day of sovereign defaults
Any bears with solutions?
_____
What happens on the day sovereign defaults are declared? -- and how does a small firm that relies on TTs from Europe/USA survive the turbulence?
Scenario: A small $50 million dollar company with business in SE Asia...
Read More »
Third Quarter GDP Revised Downward
In their second estimate of the third quarter 2011 GDP, the Bureau of Economic Analysis (BEA) revised the headline growth number downward by over a half percent to an annualized growth rate of 2.01%. The real story within the data, however, was tha...
Read More »
Euro area growth to slow sharply; debt crisis key: OECD
Euro area growth to slow sharply; debt crisis key: OECD
On Monday October 31, 2011, 6:18 am
PARIS (Reuters) - The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confid...
Read More »
GDP Improves Dramatically
The Bureau of Economic Analysis's (BEA) first ("Advance") estimate of third quarter 2011 U.S. Gross Domestic Product (GDP) was reported to be 2.46%, nearly twice the rate reported for the second quarter. The improvements were broadly spread across ...
Read More »
U.S. August ISM Manufacturing Report on Business (Text)
U.S. August ISM Manufacturing Report on Business (Text)
QBy Editor: Alex Tanzi - Sep 1, 2011 10:19 AM ET
Following is the text of the U.S. manufacturing conditions from the Institute for Supply Management.
August Manufacturing ISM Report On Business...
Read More »
History Is Not Your Therapist
Nobody can believe what's happening. Nobody knows what to do. Well, here's some straight dope: do you want to have an economy? Then prepare to cut your losses and move on. There's so much to do "out there" in America, but the catch is it's not the s...
Read More »
Philadelphia-Area Manufacturing Contracts Most Since 2009
Philadelphia-Area Manufacturing Contracts Most Since 2009
August 18, 2011, 10:59 AM EDT
By Alex Kowalski
Aug. 18 (Bloomberg) -- Manufacturing in the Philadelphia region unexpectedly contracted in August by the most in more than two years as orders...
Read More »
US and eurozone ‘dangerously close to a recession’
Financial Crisis
US and eurozone 'dangerously close to a recession'
Morgan Stanley has slashed its global growth forecast for 2011 and 2012, saying the US and the eurozone were "dangerously close to a recession".
Morgan Stanley said it would not ta...
Read More »
Special Update: Daily Growth Index Breaks Positive
On August 3, 2011 our Daily Growth Index went into growth territory for the first time in 566 days -- ending the longest consecutive string of contraction-days that we have ever experienced. Furthermore, the rise off of the record lows set as recen...
Read More »
Empire State Survey indicates contraction, Inflation rate lower
Wednesday, June 15, 2011
Misc: Empire State Survey indicates contraction, Inflation rate lower, French Bank Rating Reviewed
by CalculatedRisk on 6/15/2011 08:30:00 AM
• From the NY Fed: Empire State Manufacturing Survey
The Empire State Manufact...
Read More »
Consumer Metrics Institute: Deeper Historic Lows
May 20, 2011
Last week we saw evidence of slowing consumption in the Advance Monthly Retail Trade Report for April from the Census Bureau (see my analysis here). This morning, I've updated my Consumer Metrics Institute (CMI) charts through the late...
Read More »
The BEA’s Third Estimate of Fourth Quarter 2010 GDP
The Bureau of Economic Analysis (BEA) raised their estimate of the annualized growth rate of the fourth quarter 2010 U.S. Gross Domestic Product (GDP) from 2.79% to 3.11%, an increase of .32% and some 0.56% higher than their estimate of the third q...
Read More »
News and the Consumer, Reflections on Chernobyl and the Economy
During the past week we have again witnessed the extraordinary effect that major news events can have on "real-time" consumer demand for discretionary durable goods. On Monday March 14, 2011 our Weighted Composite Index set a new one-day record low...
Read More »
Blowing Chunks- Professional Edition
The Fed increased the rate at which it is purchasing Treasuries last week, but its balance sheet continued to shrink in spite of that, as its efforts to maintain the status quo have at least been temporarily outrun by systemic contraction. Meanwhile, foreign central banks (FCBs) blew an enormous chunk of GSE paper out...
Read More »
Household Net Worth Plunges Most Since Q4 2008
Household Net Worth Plunges By Most Since Q4 2008, As Government Borrowing Surges
Private sector credit contracted at an annualized pace of $1.3 Tn, while Govt. borrowing soared to $2 Tn annualized for Q2
http://www.zerohedge.com/article/household-ne...
Read More »
Read It and Weep- Professional Edition
The Fed’s balance sheet made a giant sucking sound this week as the Fed added little in the way of new securities holdings and alphabet soup programs continued to contract. This week that contraction was huge. The Fed’s shrinking balance sheet was mimicked by the stock market, as Ben’s Pawn and Loan put the...
Read More »
Fumes and False Premises
The gang in Washington and on Liberty Street is either very good or very lucky. The Treasury managed to dump $71 billion in new paper on the market this week, including $62 billion in intermediate and long term paper, without crushing either the Treasury market or stocks. It was truly a bravura performance. But...
Read More »
Battle For The Ages- Professional Edition Fed Report
There was another large drop in the size of the Fed’s balance sheet this week as both TAF, central bank liquidity swaps, and CPR all declined sharply. The Fed bought a ton of paper again, but it was not enough to prevent contraction of the balance sheet, which has now shrunken by over 10%...
Read More »
Big Contraction in Fed’s Balance Sheet- Professional Edition
The Fed’s balance sheet took a huge drop last week. In spite of all of the direct buying of securities total Fed credit has actually declined slightly since December thanks to the winding down of many of the Fed’s alphabet soup programs, some of which have already gone back to zero balances. Meanwhile the...
Read More »
Fed Report and Market Update Publication Note
Everybody thinks the Fed is monetizing and no doubt that is the Fed’s absolute aim. Whether they will be successful or not in achieving reflation is a whole ‘nudder question. It is a complex one, and there is no simple answer, but for those who think future inflation is a done deal, it’s not....
Read More »
Copyright © 2012 The Wall Street Examiner. All Rights Reserved.
Magazine Premium created by Themes by bavotasan.com.
Magazine Premium created by Themes by bavotasan.com.
Recent Comments