The UK economy is in a “double dip” recession, with the longest recovery in recent history – and still nowhere close to the pre-recession GDP. The nation was impacted by the US financial crisis as hard as it was hit by the Eurozone contraction.Source: …
PublicServiceEurope.comEurope's next recession risk: GermanyCNNMoneyBy Ben Rooney @CNNMoneyInvest May 2, 2012: 5:12 AM ET Germany is the largest economy in the euro area and the fourth largest worldwide. Economists say it might be headed for recess…
Ben Bernanke has said many times that Marriner Eccles, the head of the Federal Reserve in 1936/37 made a mistake by tightening credit (raising reserve requirements). Bernanke blames Eccles’s actions for the 50% stock market collapse in 1937 and the …
ECRI WLI Continues To Fall
By: The Fundamental Analyst | Oct 17, 2011 |
The latest reading of ECRI’s Weekly Leading Indicator fell to 120.2, lower than the trough of last summer which bottomed at 120.3.
The WLI growth rate now stands at…
Fear gauge enters the red zone
Europe’s debt crisis risks escalating out of control as the world conomy slides towards a double-dip slump with few shock absorbers left to limit the damage.
Key indicators of credit stress have r…
Econbrowser
September 07, 2011
Double Dip or Not? The Data and Policy Implications
We know that in the aftermath of combined housing busts, financial crises, and recessions, recoveries are typically modest if not halting, even if the recession is deep…
The following paragraphs are free excerpts from today’s Wall Street Examiner Professional Edition Treasury update. The subscriber link to the complete report is below. As…
ECRI WLI Falls Sharply
By: The Fundamental Analyst | Aug 29, 2011 |
inShare0
The ECRI’s Weekly Leading Index (WLI) has fallen like a stone over the last couple of weeks. The latest index level of 122.8 is not far above the low of 120.3 …
Update: Holy cow.
Total collapse!
The Philly Fed index just came in at -30.7, an epic drop form the +3.2 we saw last month.
Estimates were actually for it to go somewhat higher to +2.
The situation confirms the bad news we got earlier this week…
This article was originally sent as a Wall Street Examiner Email Bulletin, yesterday. The economic news has been better in recent days, that is if…
