The Radford Free Press – Page 257 – All life is problem solving.

Economics / Case Shiller Index, conference board, consumer confidence, consumption, GDP, home prices, recovery, unemployment, wages /

Dour News Round-Up

January 31, 2012

Following last week’s report on economic growth at the end of last year, we have begun to watch for signs as to whether the uptick to a near 3% rate will continue. Probably not. The first sign of a slide backwards is the news that consumer confidence has slipped in January. The Conference Board’s index […]

Economics / auto industry, consumption, exports, GDP, imports, inventories, jobs, recovery, retail sales, stimulus, unemployment /

US Growth Picks Up – A Bit

January 27, 2012

Be careful with today’s report on US GDP. It looks better than it is. The headlines all read that the US economic activity accelerated in the fourth quarter of 2011. It did. At 2.8% the last three months of the year represent a significant improvement, and suggest that the recovery, however strong it is, is […]

Economics / Bernanke, Case Shiller Index, Federal Reserve Board, home prices, inflation, interest rates, monetary policy, new home sales, pending home sales, unemployment /

Actual News Not in Davos

January 26, 2012

In solidarity with the Chinese government I have decided to forego my trip to the annual Davos shindig. I am willing to overlook the fact that, for the second year in a row, my invitation arrived late. Actually it didn’t arrive at all. But I refuse to attend during the Chinese New Year celebrations. How […]