Posts Tagged ‘Economics’

Professional Forecasters Agree: Stimulus Added to Growth

{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
Friday's Wall Street Journal has the latest survey of 54 professional economic forecasters. Among the questions they were asked was this: What would the real gross domestic product (annualized growth rate) be/have been for the following period absen... Read More »

Durable Goods and the Collapse of Global Trade

{ Posted on Mar 11 2010 by Menzie Chinn }
From a Dallas Fed Letter by Jian Wang: Durable goods represent a moderate share of the economy in most industrial countries -- in the U.S., for example, they accounted for 23.6 percent of real GDP in 2008. However, durable goods make ...Read More »

Durable Goods and the Collapse of Global Trade

{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
From a Dallas Fed Letter by Jian Wang:Durable goods represent a moderate share of the economy in most industrial countries -- in the U.S., for example, they accounted for 23.6 percent of real GDP in 2008. However, durable goods make ...Read More »

Debt levels moving lower but at a snails pace

{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
The Fed s Q4 09 flow of funds statement (a balance sheet of the US, incl households, companies and gov t) reveals an improvement in the aggregate debt levels on an absolute basis ...Read More »

Whither the Yuan?

{ Posted on Mar 11 2010 by Menzie Chinn }
Political pressure seems to be mounting for yuan appreciation. [0] Figure 1 depicts the stability in the USD/CNY nominal exchange rate over the past year. Read More »

John Lewis staff share 151m bonus pot

{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
John Lewis Partnership, the renowned employee-owned department store, has revealed its staff will share a bonus pot of 151 million.The announcement came after the 146-year-old group said annual pre-tax profits grew 9.7% to 306.6 million. Accordin... Read More »

Why Inflation Is Worse for Investors Than Default

{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
Turan Bali, Stephen Brown, and Mustafa Caglayan have a new paper out with an interesting result: The two most important findings from this study are summarized as follows: (i) hedge funds with higher exposure to default risk premium in the ...Read More »

Greece at standstill again in third general strike

{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
Crisis-hit Greece has come to a standstill again today after workers staged the third general strike in as many weeks.The further strike comes after austerity measures to rescue Greece s debt-stricken economy angered Greek trade unions. Greece is ...Read More »

Hardball In New Jersey, No Balls In Virginia; Brass Balls In Las Vegas

{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
New Jersey Governor Chris Christie is doing what he was elected to do, govern. And that means playing hardball with union termites who refuse to give an inch to help the state out of budget problems primarily caused by untenable ...Read More »

US imports and exports down in January

{ Posted on Mar 11 2010 by Economics - Today's Popular Articles at http://www.inveslogic.com }
The Commerce Department today announced a fall in US imports and exports, resulting in an unexpected fall in the trade deficit.According to official figures, exports in January dipped 0.3% to $142.7 billion, with less machinery, agricultural products... Read More »