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    Economics / consumption, Empire State Index, GDP, inflation, inventories, producer prices, recovery, retail sales, wages /

    Back To Work News Round Up

    November 15, 2011

    Well I am back and will report some of my reactions to the conference I attended tomorrow. Today, though, let’s catch up on the economy. Not much seems to be going on. That is, I suspect, the way things will be for a while. Today’s release of October’s consumer spending was a decent, but not […]

    Uncategorized /

    Housekeeping

    November 9, 2011

    I am traveling to the ICAPE conference in Amherst through Sunday, so I won’t have much, if any time, to post until early next week. Meanwhile enjoy the weekend and watch that Euro crisis. Let’s hope things don’t go too far awry.

    Economics / banking, California, creditors, Euro, Greece, interest rates, Italy /

    Italy on the Brink

    November 9, 2011

    By now you know the news: Italian bond prices have climbed to levels only recently reserved for the likes of Ireland, Portugal, and Greece. A catastrophe is on the horizon. We need not dwell on the details because the situation is too fluid. The Italians have postponed remedial action for way too long, and the […]

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