When bad news is good news for stock markets you know just how convoluted the current economic environment is.
This post is an update excerpt of the permanent page of Employment Charts, which is updated regularly whenever new data is released. Bookmark that page…
Stimulus plans have failed because they only allocate funds to political cronies for projects that are unnecessary, and do nothing to reduce the debt burden…
NewsdayJobs Outlook in U.S. Improves for 2012, Economists SayBloombergEmployment will improve more this year than economists previously estimated, helping the world's largest economy to keep growing, a private survey showed. Payrolls will rise 1880…
Slide presentation from Dallas Fed – EXCELLENT! The Federal Reserve Bank of Dallas said taxpayer aid to failing banks should come only after the voiding of…
CNBC.comFed Hawk and Dove Agree: No More EasingCNBC.comTwo top Federal Reserve officials — one with a dovish, employment-focused bent, and the other a self-avowed inflation hawk — on Monday both said they see no need for the US central bank to ease…
No one can deny that many indicators look bullish right now. The bears are rapidly running out of real estate, and the Dow in particular is within a stone’s throw of making new highs.
However, the burden of proof is now on the bulls. …
Housing data in the past couple of months has been mixed. Lagging closed sales data shows prices declining. The problem with that is that the…
Saturday, September 03, 2011
It’s *Not* Regulatory and Tax Uncertainty
Gary Burtless explains why the complaint from conservatives that regulatory and tax uncertainty is holding back the economy doesn’t make sense (via email):
A couple of hours after…
One of the books I’m reading at the moment is Defoe’s Tour through England and Wales, published 1724. He comments:
… the wonderful extent of the Norwich manufacture, or stuff-weaving trade, by which so many thousands of families are maintained … i…
