ECRI Has Put Its Credibility On The Line By Allowing No Wiggle Room On Its...
The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) posted -8.4 in its latest reading, data through January 6. The latest public data point is a slightly...
View ArticleThese Are The 20 Least Economically Free Nations In Europe
According to the Heritage Foundation, economic freedom is the right everybody should have to control his or her own labor and property. In a society with complete economic freedom people are free to...
View Article16 Fresh Insights That Challenged What We Thought We Knew About Investing
We thought we had it all figured out before this week started. We were wrong. The top minds in the investment business offered some novel analysis, broke conventional wisdom, and even opened our eyes...
View ArticleGet This: There Were A Record Number Of Vegas Home Sales In 2011
From the Las Vegas Review-Journal: Las Vegas home sales set record A total of 48,186 single-family homes and condos were sold in Las Vegas last year, topping the previous record of 46,879 set in 2009,...
View ArticleForget The Downgrades, There's A Much Scarier Turn Of Events Taking Place In...
S&P's big Eurozone ratings downgrades make for some good conversation, but in reality, there's a good chance they won't change very much. Perhaps the downgrade of France will impinge on EFSF...
View ArticleThe Surest Sign Yet That The Consumer Is Coming Back With A Vengeance
Nomura's Ellen Zentner takes a look at the latest revolving consumer credit numbers, which we highlighted this week, and puts them into context with retail sales and consumer confidence. The upturn in...
View ArticleWhy The Great Debt-Induced Bear Market Will Continue
The U.S. used unusual methods in handling the bursting of the “Financial Mania” of the late 1990s, the one called the “Dot-Com” bubble. Instead of letting the free markets dictate just how low the...
View ArticleOne More Thing To Watch From The Eurozone Downgrades...
Quick points here. We probably haven't seen the end of the Eurozone downgrades. First, Jamie Coleman at ForexLive notes: Next week, all the banks and other government-related issuers in the downgraded...
View ArticleThe One Winner From The Eurozone Downgrades
In a post yesterday, we talked about how France's loss, was Germany's gain. The fact that the former was downgraded while the latter wasn't means that the two are no longer plausibly on the same level...
View Article3 More Charts That Support The Bull Case For Housing
There's no question that optimism for a housing recovery has hit a level that we haven't seen since the crash. Late in December, WSJ's Gregory Zuckerman reported that several big funds were betting on...
View ArticleCheck Out This French Newspaper's Brilliant Response To The Downgrade
From Alea, via Daniel Alpert. Please follow Europe on Twitter and Facebook.Join the conversation about this story »See Also:Here's What Happened When A French Clothing Store Offered Customers Free...
View ArticlePlease, Everybody Saw S&P's Downgrades Coming And Everybody Was Ready For It,...
WASHINGTON (AP) — The decision by Standard & Poor's to strip France of its prized AAA credit rating and downgrade eight other European countries slammed a continent struggling with a debt crisis...
View ArticleA QUESTION FOR PAUL KRUGMAN, Who Keeps Saying Our Huge Debt Mountain Is Of No...
Economist Paul Krugman has been right about pretty much everything for the past half-decade, shaming his right-wing critics in the process. He has been right that the U.S. (and world) are in a...
View ArticleNOURIEL ROUBINI: American Businesses, Consumers, And Investors Are Building...
Macroeconomic indicators for the United States have been better than expected for the last few months. Job creation has picked up. Indicators for manufacturing and services have improved moderately....
View ArticleThe Japanese Prime Minister Doesn't Want The Country To End Up Like France
With Japan's public debt twice the size of its GDP, Prime Minister Yoshihiko Noda said the country needs to start making massive cuts to avoid the credit turmoil that has rocked Europe in recent...
View ArticleMUST BE SERIOUS: Zero Hedge And Paul Krugman Agree On Something
A rare occurrence in journalism happened today. Tyler Durden of Zero Hedge is in agreement with – hold on – Paul Krugman of the NY Times. Both writers point readers to the FAQ from S&P on the...
View ArticleFelix Zulauf On The Key To 2012 And The Coming Banking Bust
The 2012 Barrons Roundtable came out this morning and the discussion is always interesting. I have tended to veer towards the comments of Felix Zulauf since he’s the global macro master at the table....
View Article11 Uber-Bearish Predictions That No One Hopes Come True
As Greece inches toward default and the sufficiency of Europe's EFSF bailout fund is called into question, everyone's worst nightmares of Europe's debt debacle escalating to a systemic crisis could be...
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